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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Shell Searcher who wrote (6149)	6/4/1999 10:05:00 AM
From: bob sims	Read Replies (1) \| Respond to of 9440

Friday June 4, 9:30 am Eastern Time Company Press Release Hitsgalore.com Announces 1st Quarter Earnings RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--June 4, 1999-- Hitsgalore.com, Inc. (OTC BB:HITT) today reported 1st Quarter Earnings before Income Taxes of approximately $207,000 on Gross Revenues of $463,000 (44% of Gross Revenues). Today the Company is filing its Form 10-Q for the three months ended March 31, 1999. Steve Bradford, CEO of Hitsgalore.com, said, ''As a new internet company, we are very pleased to be one of the few internet companies that reports profitability. Judging from the initial response to our national radio ads, which only began to air this week, we expect to show dramatic increases in the 2nd quarter in both revenues and profits.'' Hitsgalore.com operates a search engine at hitsgalore.com. The Company's profitability arises from its unique business model of giving away free lifetime banner placements, and generating sales from its sponsorships and Keyword Bid & Rank program. The Company believes this compares favorably with other Internet portals and search engine companies that generally report net losses, such as Lycos, Inc. (Nasdaq:LCOS - news), Excite, Inc. (Nasdaq:ATHM - news), and Infoseek Corporation (Nasdaq:SEEK - news). And unlike Yahoo! Inc. (Nasdaq:YHOO - news), Hitsgalore.com does not rely on advertisers purchasing space on its website. Hitsgalore.com strives to provide porn-free searching and does not accept or encourage any porn or adult-content listings on its site. Hitsgalore.com expects continued revenue growth in its core line products and services, and will bring other services online over time. Included in this release are ''forward-looking'' statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, as amended, and as that term is defined in the Private Securities Litigation Reform Act of 1995. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. Contact: Hitsgalore.com, Inc., Rancho Cucamonga Danny Gavin, Investor Relations 800/300-5388