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Microcap & Penny Stocks : HITSGALORE.COM (HITS) -- Ignore unavailable to you. Want to Upgrade?

To: DOC HOLLIDAY who wrote (225)	3/30/1999 10:07:00 AM
From: DOC HOLLIDAY	Read Replies (1) \| Respond to of 308

NEWS!!!!!! Hitsgalore.com, Inc. Announces Internet Acquisition RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--March 30, 1999--Hitsgalore.com, Inc., (OTC BB:HITS - news) has announced the acquisition of the Internet Division of Solvere, Inc. for an undisclosed amount of cash and restricted stock. In acquiring the Internet Division, Hitsgalore.com obtains a profit-center provider of Internet technology but, more importantly, obtains total control over certain unique proprietary software and Internet-related technologies. Steve Bradford, President of Hitsgalore.com, stated: ''This acquisition will aid in our development of high-speed Internet gateways. Solvere has been instrumental to us in building our search technology, and is helping us to eliminate adult content from the search results and to stop index-spamming of the database. We believe we have dramatically enhanced our ability to implement our total e-commerce solution, which will benefit the consumer using hitsgalore.com as their portal, as well as the hundreds of thousands of businesses that comprise our database.'' The Internet technology staff of Solvere is endowed with high-level skills and adds to the Hitsgalore.com team of top database designers, web designers and other programming specialists. The Internet Division will operate out of a new Hitsgalore.com office at Solvere's Irvine Spectrum facilities in Irvine, Calif. (also known as the Silicon Valley of Southern California). Hitsgalore.com is also completing its 8,500-foot technology center in Rancho Cucamonga. Founded in 1997, Solvere has been a leader in products and services for building Internet infrastructures, delivering comprehensive e-solutions involving e-commerce, e-communities, and the underlying network and systems infrastructure which enables Internet business. The company was among the first developers of Internet shopping carts, and has several exciting e-commerce and e-community products in the pipeline nearing completion, such as high-speed Internet technologies and high-speed database searching allowing the thorough search and indexing of huge database files in sub-seconds. Hitsgalore.com is acquiring all of the Internet-related business, equipment and software now owned or under development by Solvere. Solvere has previously partnered with such industry leading companies as Microsoft (Nasdaq:MSFT - news), MCI (Nasdaq:WCOM - news), Cisco Systems (Nasdaq:CSCO - news), Compaq Computer (NYSE:CPQ - news), and Hewlett-Packard (NYSE:HWP - news), to deliver cutting edge and best-of-breed software, networking, and systems solutions. More information can be found at solvere.com. Solvere has announced 1998 revenues of $550,212 and projects 1999 revenues at $1.5 million.