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.
About TSIG.com
Headquartered in St. Petersburg, TSIG.com is a pioneer in providing comprehensive outsourced
e-business solutions. These services enable companies to develop, build and maintain
e-commerce web sites, create revenue-generating programs with corporations and non-profit
organizations that attract consumers to customers' sites, and complement these offerings with
Web-based call center and related services that provide customer service and support.
This press release contains ''forward-looking statements'' within the meaning of Section 27A of
the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results
could differ materially, as the result of such factors as (1) competition in the markets for online
services, for the products and services sold by the company, and for outsourced teleservices, (2)
the ability of the company to execute its plans, (3) the availability of financing at favorable
terms, and (4) other factors detailed in the Company's public filings with the SEC.
Note to Editors: Microsoft is trademark of Microsoft Corporation. All other trademarks or
registered trademarks are the property of their respective owners.
Contact:
TSIG.com
Paul Henry, 727/897-4000
phenry@tsig.com
or
Golin/Harris International
Sean Kauppinen, 415/808-9800
skauppinen@golinharris.com
or
The Benjamin Group
Kristi Melani, 408/559-6090
kristi_melani@benjamingroup.com
More Quotes
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Nettaxi Inc (OTC BB:NTXY - news)
TeleServices International Group Inc (OTC BB:TSIG - news |
