Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (8731)	5/14/1999 10:29:00 AM
From: Qone0	Read Replies (1) \| Respond to of 52051

DEGA. NEWS. Dega Signs Agreement with Jaguar and Range Rover Parts Distributor for Internet Catalogue SAN LUIS OBISPO, Calif., May 14 /PRNewswire/ -- Dega Technology, Inc. (OTC Bulletin Board: DEGA - news) today announced that it has entered into an agreement with XKs Unlimited, a specialty parts warehouse distributor, to build a Jaguar, Range Rover and Specialty Gauges Internet parts catalogue. The parts catalogue, accessible to anyone on-line, will allow users to search for, identify and order parts real-time, using Dega's 3-click user interface. ''The benefits of adding the Internet to XKs current business will be enormous,'' stated Dega Director of Marketing Amye Mueller. ''By using an Internet catalogue with ordering capability, the XKs customer, using a standard browser, will be able to search for parts and/or accessories, and obtain accurate and up-to-the-minute pricing and information. From the supply side, XKs will be able to provide an efficient ordering system to their customers. Improved response time to customer part orders, decreased telephone costs, upselling using Dega's automatic merchandising features, attracting a new market segment via electronic commerce, maintaining and expanding their current customer base, and distributing promotional material and new product information quickly and efficiently are among the many features.'' The agreement with XKs is for a five-year period and will provide Dega with a recurring revenue stream generated from both Business-to-Business and Business-to-Consumer commerce. In addition, as part of the agreement, XKs has made an investment in Dega by purchasing shares. Jean-Pierre Makeyev, President and Chief Executive Officer of Dega stated, ''We are proud to have the prominence of XKs Unlimited's affiliation as we begin the commercialization of our on-line cataloguing technology. This is the first of several specialty catalogues, in addition to our main aftermarket solutions, targeted to be launched before year end.'' Dega.com is a worldwide leader in the design and development of on-line parts catalogues for the automotive industry. SOURCE: Dega Technology, Inc. ------------------------------------------------------------------------ More Quotes and News:Dega Technology Inc (OTC BB:DEGA - news)Related News Categories: automobiles, computers, internet, software ------------------------------------------------------------------------ Help ------------------------------------------------------------------------ Copyright © 1999 PRNewswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information. Questions or Comments?