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Technology Stocks : INTXA - Interiors Inc. Internet Store -- Ignore unavailable to you. Want to Upgrade?

To: Curbstone who wrote (149)	3/24/1999 2:11:00 PM
From: John Allen	Read Replies (1) \| Respond to of 186

If it can work for Worldcom, it can work for anyone.

To: Curbstone who wrote (149)	3/29/1999 11:09:00 AM
From: Curbstone	Read Replies (1) \| Respond to of 186

Interiors, Inc. Completes Redemption ofClass WB and Class WC Warrants March 29, 1999 06:58 AM MT. VERNON, N.Y.--(BUSINESS WIRE)--March 29, 1999-- Company Received Approximately $13.1 Million From Exercise Of Warrants Interiors, Inc. INTXA (the "Company") today announced that has received gross proceeds of approximately $13.1 million, resulting from the exercise of Class WB Warrants (Class A Common Stock) and Class WC Warrants (Series A Preferred Stock). In total, the Company issued, in connection with the exercise of these warrants, approximately 2,035,284 shares of Class A Common Stock and approximately 1,648,184 shares of Series A Preferred Stock. In addition, the Company redeemed the remaining 919,251 Class WB Warrants and 171,020 Class WC Warrants that were not exercised as of the close of trading on Friday, March 19, 1999, for aggregate consideration of $10,902.71, or $0.01 per warrant. As a result there are no longer any Class WB Warrants or Class WC Warrants issued or outstanding. The proceeds received from the exercise of the above warrants will be used to fund the continued growth of the Company, future acquisitions, as well as for general corporate purposes. Max Munn, President and Chief Executive Officer of Interiors commented, "We are pleased that a significant majority of warrant holders have chosen to exercise their warrants. The proceeds that we received from the warrant conversion will be used to fund our continued growth and complete additional acquisitions. I appreciate the support of our shareholders in this effort." Interiors, Inc. is a rapidly growing designer, manufacturer, and marketer of a wide range of decorative accessories for the home furnishings industry. Through its acquisition strategy, annualized pro-forma revenues have increased during the last twelve months from $13.4 million to approximately $150 million.