From: newsout@canada-stockwatch.com
Date: Wed, 26 May 1999 05:08:02 -0700
Subject: Stockwatch: Versus Technologies Inc - News Release
To:
Versus Technologies' E-TRADE Canada to host Internet charity auction
Versus Technologies Inc V
Shares issued 11,619,874 May 25 close $18.25
Wed 26 May 99 News Release
Ms. Colleen Moorehead reports
Canada's top on-line companies are coming together to give back to the
community with an unprecedented and innovative Internet charity auction.
From May 26 to June 13, leading Canadian Web sites will feature banners and
buttons linked to the E-TRADE Canada Charity Online auction site, where
Internet users can bid on-line for items donated by Canadian and
international celebrities. All proceeds will be donated to CANFAR, the
Canadian Foundation for AIDS Research. To visit the auction, go to
www.canada.etrade.com and click on the Charity Online link.
The E-TRADE Canada Charity Online auction items are suitable as Father's
Day gifts, or as special treats for practically everyone. The donated items
range from the easily affordable to the truly extravagant - including a
hockey puck signed by Wayne Gretzky, a jersey signed by Bobby Orr, a CD
autographed by Alanis Morrisette, a hat and T-shirt from Star Wars: Episode
1 - the Phantom Menace's Liam Neeson, and a shiny black 1954 Jaguar.
In addition to supporting the auction, a number of sponsors will make
special donations. Lead sponsor E-TRADE Canada, a Canadian on-line
investing service for individual investors, will donate $100 to CANFAR for
each new account opened by June 30 by anyone who has registered on the
auction site. People can register on the auction site without actually
bidding for an item. In total, E-TRADE Canada will donate a minimum of
$5,000. Another sponsor, Chapters.ca, will give everyone who registers on
the site a $10 gift certificate for its merchandise, such as books, videos,
CDs and software.
"It's inspiring to see Canada's on-line companies working together in an
innovative way to bring Canadians on-line for charity," says Colleen
Moorehead, president of E-TRADE Canada, the lead sponsor of the auction.
"Not only will you be contributing to a great cause, the on-line auction
will be a fun way to find unique gifts for the special men in your life -
or even for yourself."
The auction items will be displayed on a special Web page, where
participants can enter bids throughout the auction period. The highest bid
for an item as of noon, Sunday, June 13, will win - in time for it to be
delivered to the winner before Father's Day on Sunday, June 20. (Other
arrangements will be made for delivery of the Jaguar.)
You can find more detailed auction information at www.canada.etrade.com.
Auction sponsors include E-TRADE Canada, Canada's leading on-line investing
service for the independent investor; AOL Canada, an interactive on-line
service; Bargoon.com, an Internet auction service operated by Salter New
Media Limited; and Chapters.ca, an e-commerce company that sells books,
videos and DVDs, music CDs and software. In addition to these key sponsors,
a wide range of companies, including: Infopreneur Inc., Quicken.ca, Globe
and Mail, Carlson OnLine, iDirect, Sympatico, Canada Corporate News,
International Teledata Group, i/Money, Gordon Pape, and McManus Elliott
Communications Inc., will support the auction by donating products and
services, or by proudly displaying the Charity Online hyperlink on its Web
sites.
The proceeds from the auction will benefit CANFAR, the only Canadian
organization devoted to raising awareness and finances from the private
sector for HIV/AIDS research. As of Dec. 31, 1998, CANFAR had provided
$4.6-million in research grants to 186 scientists across Canada. According
to CANFAR national spokesperson and CTV personality Valerie Pringle: "It's
wonderful that the same businesses leading Canada into a new age of on-line
commerce are also taking the lead in encouraging philanthropy on-line.
CANFAR supports Canadian scientists in their quest to find effective
treatment and even a cure for HIV/AIDS - and on-line companies are showing
all of us that it pays to dream big."
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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