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To: M. Dion who wrote (16)4/8/1999 10:09:00 AM
From: WhipsawMcGraw  Read Replies (1) | Respond to of 82
 
Thursday April 8, 5:01 am Eastern Time

Company Press Release

Niche Resources to Enter Online Wholesale and Retail Business

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 8, 1999--Niche Resources Inc., (OTC BB:NHRS - news) to develop an e-commerce Internet retail and wholesale site for its cigar, leather, and distribution divisions.

The site will focus on distributorships and partnerships with its wholesale customers as well as sales to its retail customers. The company plans to concentrate on partnerships that will increase sales for all divisions rather than focusing on any independent division.

Company executives are looking to utilize the mass distribution capabilities of the Internet for worldwide exposure, increased distributions, online ordering and cross-marketing programs.

''Our decision to develop an Internet site is not just to be online, but to create a one of a kind e-commerce retail and wholesale division,'' says Bruce Griffin, president of Niche Resources.

The site will emphasize marketing the products at Internet malls and affiliated stores. The Internet business model will focus on paying commissions to partners rather than fee advertising. The company feels that with its premium cigars and Pheasant leather products the site will be unsurpassed in today's industry.

Niche Resources currently owns three subsidiaries. The Old Scottsdale Cigar Company which sells premium cigars from Nicaragua, Honduras, the Dominican Republic and Mexico, has a network of brokers and distributors nationwide serving over 6,000 retail outlets including Smith's Food & Drug, a subsidiary of Fred Meyer Inc. (NYSE:FMY - news).

Pheasant International is an international tobacconist and importer of fine handmade leather goods from Spain. Pheasant is well recognized nationally as well as internationally for the Signature Pheasant Cigars and its handcrafted leather accessories with distribution to over 1,000 retail tobacconists worldwide.

And Desert Palm Scottsdale is a 14-year-old specialty market distribution company catering to the resort and golf industry.

Note to Editors: ''Safe Harbor'' Statements under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies and products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

For further information contact Investor Relations 480/998-0775, fax 480/998-1775 or e-mail: niche@oscigar.com oscigar.com.
------------------------------------------------------------------------
Contact:

Niche Resources Inc. Investor Relations
Ph: 480/998-0775
Fax: 480/998-1775
niche@oscigar.com
oscigar.com



To: M. Dion who wrote (16)4/20/1999 9:53:00 AM
From: WhipsawMcGraw  Respond to of 82
 
Related QuotesNHRS
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Tuesday April 20, 5:03 am Eastern Time

Company Press Release

Niche Resources Expands Online Focus in the Cigar Industry

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 20, 1999--Niche Resources, Inc. (OTC BB:NHRS) to add ''Turn-Key Services'' to its existing cigar related businesses.

In conjunction with the company press release of April 8th announcing a new online wholesale and retail site, the company announced today the formation of two new sites to be a part of the overall e-commerce Internet structure going forward.

The two new companies, SMOKESHOP DESIGNS. COM and GO CLEAN AIR. COM will be an integral part of the projected company revenues going forward.

The company is currently distributing premium cigars in the grocery industry thru its wholly owned subsidiary, The Old Scottsdale Cigar Company and the retail tobacconist thru another wholly owned subsidiary, Pheasant International.

''The decision to add a ''Turn Key'' concept related to the cigar industry is a natural progression in our distribution process, stated Bruce Griffin, CEO and President of Niche Resources.

Not only will all phases and product availability of opening a retail cigar store be the mission of SMOKESHOP DESIGNS. COM, the smoke and odor removal systems using proven technology will be addressed at the same time by the affiliate company GO CLEAN AIR. COM.

Literally all products in the cigar industry can now be purchased at a one stop shop thru our own companies or our affiliate programs.'' Niche Resources also owns Desert Palm Scottsdale, a 14 year old specialty market distribution company catering to the convenience, resort and golf industry.

www.smokeshopdesigns.com and www.gocleanair.com will be available soon on a temporary web site prior to the Niche Resources main e-commerce wholesale and retail site being completed.

''Safe Harbor'' Statements under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies and products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

For further information contact Investor Relations at 480/998-0775, fax 480/998-1775 or e-mail: info@oscigar.com oscigar.com
------------------------------------------------------------------------
Contact:

Niche Resources Inc.
Investor Relations, 480/998-0775
fax 480/998-1775
e-mail: info@oscigar.com
oscigar.com