To: Robert Morris who wrote (8420 ) 5/19/1999 2:44:00 PM From: Jenne Respond to of 19700
Shopbiz.com selected as E-Commerce Provider for Information-Highway.com, Inc. BUSINESS WIRE - May 19, 1999 14:40 DENVER (May 19) BUSINESS WIRE -May 19, 1999--Shopbiz.com has been chosen as the e-commerce provider for Canadian-based Information-Highway.com, Inc. Executive Club portals. Shopbiz.com will provide its proprietary e-commerce technology to three (3) existing and nineteen (19) future portal frameworks which Information-Highway.com operates through its Executive Club division. The agreement will greatly enhance Information-Highway.com's ability to generate income through their Executive Club portals and dial-up ISP services. John Robertson, President and CEO of Information-Highway.com stated: "This agreement will allow us to instantly expand our virtual mall and potential e-commerce revenues. More importantly, we look forward to using Shopbiz.com's e-commerce program to boost the appeal and stickiness of our Executive Club portals. As Shopbiz.com increases their number of product offerings over the next few months, our partnership in the company should aid directly in the expansion of our web-based market share." Shopbiz.com (a division of MediaComm Broadcasting Systems) launched beta version 1.0 of its web-enabled commerce solution on March 1, 1999. The site brings merchants and customers together creating one of the first multi-manufacturer shopping cart technologies on the web. Shopbiz.com was developed to give merchants a cost-effective, simple way to reach customers and add channels to their distribution. Within twenty-four (24) hours, merchants can register and conduct commerce on the Internet. Merchants follow a simple online registration which includes their business address, shipping policies, accepted credit cards, and a password. Shopbiz.com provides secure administration and fulfillment of their products and orders. Shopbiz.com also has entered into an agreement with Health Holdings to develop their commerce-enabled websites offering 25,000 products and useful, health-related resources to customers. Shopbiz.com is aggressively pursuing sellers, and recently added Omaha Steaks, Game Force, Dynabee, Market Colorado and the Dutch Flower Market to its database of online sellers. With over two hundred and eighty-four (284) affiliates, it continues to add new affiliates to its marketing roster at a rate of about ten (10) per day. Information-Highway.com Inc. is a leading Internet Service Provider (ISP), engaged in web content development and Internet access. The Company provides dial-up and dedicated Internet access as well as web site hosting to over 20,000 U.S. and Canadian users. Information-Highway.com's premiere online service, The Executive Club, is a localized regional Internet portal that can save users vast amounts of time by allowing them to access stock quotes, weather forecasts, community events, online trading, web searches, multicasting, and shopping - all from one place. Information-Highway.com's Executive Club Portal, competes directly with localized portals developed by Citysearch, Snap.com, and Planet Direct, a wholly owned subsidiary of CMGI, as well as multi-national portals including Yahoo!