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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Susan Hickman who wrote (892)	4/20/1999 8:38:00 AM
From: findstock	Respond to of 19256

*NEWS ON TSIG** Tuesday April 20, 6:32 am Eastern Time Company Press Release TSIG.com Forms Exclusive Pact With Nettaxi Online to Sell MusicCards and CDs Over the Internet Agreement Supports TSIG.com's Commitment to Building a Strong Customer Base and Becoming an eBusiness Leader ST. PETERSBURG, Fla.--(BUSINESS WIRE)--April 20, 1999-- TeleServices International Group, Inc. (OTC BB:TSIG - news), known as TSIG.com, announced today that it has entered into an exclusive private-label agreement with Nettaxi Inc. (OTC BB:NTXY - news), a premiere commerce enabled community and portal website with more than 80 million monthly page views. Under the agreement, TSIG.com will provide electronic MusicCards on an exclusive basis to Nettaxi members, allowing them to purchase music CDs, cassettes, and video DVDs over the Internet at prices lower than all major retail or online sources, via the myMusicCard.com website. Nettaxi will sell the customized MusicCards through its website storefront via a hyperlink to TSIG.com's, www.myMusicCard.com site. Revenues from sales of the Music Cards and CDs will be shared between TSIG.com and Nettaxi. The agreement supports TSIG.com's strategy to aggressively build its position in the marketplace by partnering with companies that have strong e-commerce presence and potential. ''The partnership with Nettaxi allows us to tap into the online community phenomenon and build our customer base,'' said Robert Gordon, chairman of TSIG.com. ''The customers we gain today will become assets for the future as we continue to execute strategic partnerships in support of our mission to become the end-to-end eBusiness solutions leader.'' ''Consumers will purchase products and services online if the process is easy, safe and delivers good value,'' added Robert Rositano Jr., CEO of Nettaxi. ''Our e-commerce strategy is to partner with companies that can provide such a shopping experience for Nettaxi citizens and visitors. The myMusicCard service promises to deliver incredible deals on music selections from a secure and intuitive shopping environment.'' TSIG.com recently launched its myMusicCard.com site, one of the first e-commerce sites developed utilizing only Microsoft® software. The site enables Internet users to purchase music CDs and cassettes over the Internet at prices lower than all major retail and online sources. myMusicCard.com offers more than 250,000 music selections from a complete range of artists, and focuses on serving the music needs of consumers. The site has the most robust search capability of any music commerce site on the web, enabling consumers to search by any combination of artist, title, release date, song name and other criteria. TSIG.com has established myMusicCard relationships with Babe Ruth League Baseball, a 900,000 member organization; the Tampa Bay Lightning and the Ice Palace, a National Hockey League Franchise; Lifetime Learning Systems, the premier provider of corporate-sponsored educational programs in more than 100,000 schools throughout the United States; the National Music Foundation; and The Entertainment Marketing Promotion Organization (TEMPO), which serves as the exclusive marketing agency for AFIM (the Association For Independent Music) and represents the corporate premium and incentive services of PolyGram Records and Philips. About Nettaxi Inc. (http://www.nettaxi.com) Nettaxi, Inc., with headquarters in Campbell, Calif., is a provider of preeminent online communities. Through its web site at nettaxi.com and its connected CD-ROM product ''Internet The City,'' Nettaxi provides access to content and services such as free e-mail and personal home pages. Nettaxi's various communities provide citizens access to news, search engines, arts and entertainment information, government records, financial data, educational material and sports information. Nettaxi is the first online community to use the eCharge transaction system (http://www.echarge.com) in conjunction with e-commerce, allowing consumers to charge online purchases to their monthly telephone bills rather than to credit cards.