To: Kimberly Lee who wrote (1190 ) 4/7/1999 9:20:00 PM From: amadeus Read Replies (2) | Respond to of 108040
Kimberly, some additional info on DEGA: ////////////////////// most recent news:biz.yahoo.com ////////////////////// from their website: Who is Dega.com? Dega.com is a "Application Service Provider" What service does Dega.com provide? Dega has developed an Internet Auto Parts Distribution Network for parts suppliers and buyers that enables all members in the supply chain to do business on line. How does Dega.com do this? DEGA has ten years experience providing electronic catalogues for parts intensive and information reliant industries. DEGA has converted its CD-ROM technology to a dynamic Internet parts and information catalogue with e-commerce functionality. DEGA's new technology provides all-in-one solutions for business to business distribution channels. What are the benefits? Sell more parts without incurring more costs. Parts identification and vehicle repair has increased in complexity over the past years and the DEGA service dramatically improves current order processes in cost and logistical ways. DEGA offers a solution to provide universal access to our client's organization. How can the client begin using the DEGA service? Dega is currently signing up parts suppliers / distributors for the September delivery of the catalogue. At that time, particpating companies can log on to the DEGA Internet server, identify the part and purchase it online from his favorite supplier. What is the cost for the service? For the parts buyer, there is a minimal subscription fee for catalogue access. For suppliers, the access service is free for but a management fee is charged by DEGA automatically for each completed transaction. DEGA also offers Suppliers an optional Database building service. The cost of this service is determined on a case by case basis. What value does DEGA's services bring to an organization? Dega.com brings parts suppliers and parts buyers together online and the benefits are many: 1. For the buyers: An accurate and continuously updated parts catalogue online. No need to have one paper catalogue for each part supplier. A way to make a complete purchase transaction online from any supplier. Service and repair information accessed online. A WEB site to visit with other like parts buyers, and a place to find relevant and targeted information 2. For the supplier: No more printing and shipping expensive paper catalogues or CDs. Current data to customers, including pricing. Product promotion and advertising targeted to customers online. More sales processed at order desk without increasing man power and overhead. New Internet sales automatically processed by the system without the need for human intervention until the shipping stage . How will Dega.com get to their target customers in the automotive industry? Dega.com has just acquired Grant Automotive Group with its 53 years of auto parts sales experience in North America. The Grant organization can open the doors of aftermarket manufacturers, suppliers, buying groups, distributors, jobbers and installers in North America. The experienced Grant sales force is now at the disposal of Dega.com to introduce the Network system to all these businesses. Contact Information Dega.com, Inc. 1530 Monterey Street San Luis Obispo, CA 93401-2928 805.546.0444 PHONE 805.546.8046 FAX Email General Information: info@dega.com Sales: sales@dega.com Customer Support: customersupport@dega.com Webmaster: webmaster@dega.com previous news releases from their website: ////////////////////// GRANT BROTHERS EMBARKS ON E-COMMERCE TECHNOLOGY PARTNERSHIP Excerpted from Jobber News, January 1999 Sales organization Grant Brothers Sales has formed a new organization in partnership with an electronic commerce technology firm. The Grant Automotive Group has been formed as the product of a merger between the Traditional and Heavy-Duty divisions of the sales organization and Spectre Industries. Spectre Industries has also just entered into a merger, which could be characterized as a technology partnership, with Dega Technology, Inc. The outcome of these intertwined dealings is that the Grant Automotive Group will be representing an Internet commerce product for the automotive aftermarket. From a day-to-day business standpoint, operations of the Grant Automotive Group will remain unchanged from the operation of the Traditional and Heavy-Duty divisions. There are no changes in staff or headquarters. Ian Grant will hold key positions in all three organizations, as head of Grant Automotive Group, president of newly-formed holding company Dega.com, and as Spectre's CEO. "It is a restructuring where we can bring our focus and energy behind not just an electronic catalog product but internet-based electronic cataloging," said Grant. Dega has developed an Internet network system for automotive parts suppliers and parts users that will allow automotive parts suppliers and parts users to do business on-line. Dega, which has been in the CD-ROM parts catalog business since 1989, has converted its technology to Internet e-trade requirements. The linking with the Grant organization is expected to allow the product improved access to the automotive aftermarket in North America. DEGA BECOMES AN INTERNET PROVIDER October 1998 Chief Executive Officer J.P. Makeyev is proud to announce that Dega Technology, Inc. has now become an Internet provider. Dega's Product Development Team has been working day and night to take our leadership and experience in automotive parts cataloguing and parts procurement on-line, by converting its CD-ROM based technology to Internet technology. If you are interested in viewing this exciting technology, please visit our sample catalogue on the Web at degasource.com STOCK MARKET NEWS October 1998 We all know that the stock market has taken a beating over the past few weeks. Although Dega's stock has not been immune, the fact remains that fundamental opportunities for Dega Technology have not been diminished. Our team continues to develop, improve and enhance our state-of-the-art products. We are proceeding with significant contracts with major corporations, all the while moving forward in our association with Spectre Industries. We are convinced that maintaining our focus on providing superior Internet products will allow Dega's stock to recover its true value. SALES & MARKETING UPDATE October 1998 Dega's Sales and Marketing Teams anticipates a tremendous harvest in the near future from all the recent marketing and sales efforts. Two new sales professionals have been hired to lead our efforts - Robert Moravek on the East Coast and Doug Silva on the West Coast. While continuing to work with ALSTOM, Dega has been approached by several other large enterprises interested in its new technology. In order for Dega to remain the leader in the market, it became necessary to abandon selling our old product line and move to Internet technology. Dega's design team members customized the product offering for four large warehouse distributors, each having a good number of clients that will connect with and use the system. In addition, the new product line is being customized for several large non-automotive corporations. More information about DegaSource and Dega Automotive Systems (DAS) can be found on our Web site. Dega is poised to become the leader in after market parts cataloguing and procurement on the Internet. We are on track - and this is only the beginning! DEGA/SPECTRE NEWS October 1998 Dega's relationship with Spectre Industries is comprised of two crucial components. The first component involves an agreement to cooperate and raise money in the European Marketplace. Dega and Spectre will explore how their areas of expertise can be most effectively combined to achieve maximum market advantage. Dega's Chief Executive Officer and Director of Operations just returned from a very successful series of presentations in Europe organized by Spectre in five different cities: Paris, Geneva, Zurich, Frankfurt and Stockholm. Approximately 15 qualified investors were invited to attend each presentation; the average attendance was 30. The presentations were a huge success in each city, and all participants were captivated by Dega's new Internet technology. Many have agreed to invest and are doing so now. The second component of the Dega/Spectre relationship entails an existing automotive after market sales force with 53 years of experience that Spectre can bring to Dega. Finalization of the agreement between Dega and Spectre is anticipated by month's end.