To: AltLar who wrote (113 ) 5/8/1999 7:07:00 PM From: dmkst1 Read Replies (2) | Respond to of 298
A good week for VMIX contracts with AMZN, CDNW, and now fulfillment for buy.com from business wire Valley Media Announces Partnership With Web Retailer Buy.com WOODLAND, Calif.--(BUSINESS WIRE)--May 7, 1999--Valley Media, Inc. (Nasdaq:VMIX - news), announced details today on a fulfillment contract signed with Internet retailer Buy.com. Under the terms of the contract, Valley will handle fulfillment of music product to Buy.com's consumer customers. Buy.com's music site went on-line on April 25, 1999. ''We are confident that Valley's efficient fulfillment technology and industry leadership will be valuable as we launch into music sales,'' said Greg Hawkins, Buy.com's Chief Executive Officer. ''Our partnership with Valley will also help us as we strive to provide world class customer service to our customers. We look forward to working closely with Valley Media to make our new music site a success.'' ''Buy.com is a great addition to i.FILL, our branded Internet and New Media sales division,'' added Randy Cerf, Valley's Chief Financial Officer. ''Our aim is to provide Buy.com with the same reliable fulfillment and value-added services that have been integral in supporting our growing Internet retail customer base. Buy.com will leverage our selection, databases and fulfillment services. Valley will fulfill music product exclusively under this contract. We are excited to be working with such a promising New Media customer and are confident that our fulfillment and data products will add significant value to Buy.com's overall operations.'' Valley Media, Inc., is a recognized leader in full-line entertainment wholesale distribution, Internet retail fulfillment, independent music distribution and proprietary database products and publications. Valley Media operates facilities in seven states with primary distribution centers in Louisville, Ky., and its Woodland, Calif., corporate headquarters. Information about Valley Media is available on the web at www.valley-media.com. This press release contains forward-looking statements made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, some of which are set forth in the company's Registration Statement on Form S-1, which is on file with the Securities and Exchange Commission. Jimb