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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Rich Scharf who wrote (16891)	3/12/1999 2:35:00 PM
From: 2MAR$	Respond to of 90042

FANTASTIC TIMING FOR GNET was down 5 now up 5!!! D.G. Jewellery to be Exclusive Jewelry Partner in Go2Net.com Marketplace TORONTO--(BUSINESS WIRE)--March 12, 1999--D.G. Jewellery of Canada Ltd. (Nasdaq:DGJLF - news) one of North America's largest jewelry manufacturers, today announced an agreement with Go2Net, Inc. (Nasdaq:GNET), go2net.com, a network of branded, technology and community-driven Web-sites, establishing the jewelry manufacturer as the exclusive jewelry partner in the Go2Net.com Marketplace and on the Net Search front page. The Go2Net Network currently receives more than one million unique users per day. D.G. Jewellery will also be featured in the marketplace section of Go2Net's Silicon Investor (http://www.siliconinvestor.com/), the Web's premier on-line financial discussion site. Jack Berkovits, Chairman and CEO of D.G. Jewellery commented, "This is another step in the right direction towards accomplishing our stated goal of becoming the dominant online jewelry player. The Go2Net Network has established itself as one of the Internet's most popular destinations by offering the kind of products and services that foster trust and loyalty. We will continue to be selective in our partnership selections and we believe there are terrific synergies between what D.G. Jewellery and Xitejewelry.com offers and what users of the Go2Net Network have come to expect. I believe our bold E-commerce initiatives will continue to benefit our shareholders as we capitalize on the enormous popularity and growth of the Internet." Product categories will include rings, earrings, bracelets and pendants. Metals featured will include platinum, 18K, 14K and 10K gold and sterling silver. The jewelry will contain diamonds and precious and semi-precious stones. Prices will range from U.S. $30 dollars to U.S. $30,000 dollars. Terms of the agreement were not announced. D.G. Jewellery of Canada Ltd. is primarily engaged in the design, manufacture, merchandising and distribution of stone-set jewelry for department stores, mass merchants, catalogue showrooms, television shopping networks and other high volume retailers and other major discounters. The Company maintains a broad base of customers concentrated in six major jewelry segments: *T i) Internet retailers, auctioneers and other web merchants ii) department stores such as J.C. Penney and Saks Fifth Avenue iii) specialty markets such as, QVC Inc., Home Shopping Network, ValueVision International, Shop at Home, QVC England, QVC Germany and The Shopping Channel (Canada) iv) jewelry chain stores such as Zales, Gordons, Friedmans and others v) mass merchandisers such as Wal-Mart and Zellers vi) with USA acquisitions in fold, D.G. Jewellery is increasingly exporting to the USA and demonstrating its ability to "deliver the goods" Except for the historical information contained herein the matters discussed in this press release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, release and sales of new products, and other risk factors detailed in the Company's most recent annual report, and filing with the Securities and Exchange Commission. CONTACT: Consulting for Strategic Growth, Ltd. Stanley Wunderlich, 516/625-4523 From USA & Canada 800/625-2236 cfsg@iname.com or D.G. Jewellery of Canada Ltd. Jack Berkovits or Gary Davis, 416/665-8844 Canada 800/387-3756 From USA 800/345-9579 dgjewel@aol.com dgjewellery.com KEYWORD: NEW YORK BW1109 MAR 12,1999 6:31 PACIFIC 09:31 EASTERN GO GNEEETTT( Gee, aint she Neat!!)