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Technology Stocks : MBT International Inc. (MBTI) -- Ignore unavailable to you. Want to Upgrade?

To: Fred C. Dobbs who wrote (146)	3/18/1999 10:22:00 AM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 212

And the text from yahoo: MBT International Inc. Announces Joint Venture With Interactive Lighting Showrooms, Inc. CASTLE ROCK, Colo.--(BUSINESS WIRE)--March 18, 1999-- MBT International Inc. (OTC: MBTI - news), a leader of web technology serving the agricultural community with products and services, announced today the formation of a new joint venture with interactive software maker Interactive Lighting Showrooms, Inc. (''ILS'') (NASDAQ: ILSR - news). MBTI has over 400,000 subscribers, with its vertical portals AgriMall.com (www.agrimall.com),LifeatHome.com (www.lifeathome.com), Horsenet.com (www.horsenet.com), and Bookstable.com (www.bookstable.com). MBTI continually evaluates highly focused acquisitions that will further increase both the traffic and volume of the Company's e-commerce websites, expanding MBTI's customer base and market value. MBTI applies methodologies currently in use by online auction and marketing houses such as Amazon.com (NASDAQ: AMZN - news) and eBay (NASDAQ: EBAY - news). MBTI is positioning itself to file an application for listing on the NASDAQ Small Cap Market in the first half of 1999 and has engaged Arthur Anderson as its auditor. Interactive Lighting Showrooms, Inc. produces a copyrighted fully interactive e-commerce software package complete with music and voice narration. This incredibly powerful software allows the client to browse a vast and growing 4000-item database and to upgrade the interior and exterior lighting for their home. Unique to this software is its ability to allow the client to roll the cost of their lighting into their mortgage payments, a totally new and singular approach. Currently, ILS is marketing its product to National Builders for the exclusive sales of new home upgrade products. All shipping and handling is done by ILS established dealers. With 30 years interior design and computer programming experience, ILS filled the niche required by builders to be able to select lighting in a storefront controlled environment that also has a dealer presence. Most importantly, the kiosk is currently writing orders. MBTI will build, host and provide the e-commerce solution for ILS and will receive a percentage of every sale generated by this new association. As the basis for a long-term relationship between the two companies and future joint ventures, an undisclosed amount of stock is being exchanged between the two companies. MBTI is continuing to develop and secure strategic relations, further expanding the Company's opportunities. To quote Michael Freedman, President of ILS, ''I believe that the combination of MBTI and LifeatHome is ILS's destiny.'' Certain statements in this release are forward looking. Although MBT International believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. For factors that may cause actual results to differ materially from expectations and underlying assumptions, see reports by MBT International filed with the Securities and Exchange Commission. Contact: MBT International, Inc. Andy McKinnon, CEO 303/688-0244 Fax: 303/814-2382 or Wolfe Axelrod Associates Stephen D. Axelrod, CFA or Donald C. Weinberger 212/370-4500 Fax: 212/370-4505