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Wicked Wings of Buffalo, Inc. Announces Signing of Letter of Intent To Acquire WelcomeTo Search Engine Inc.
PR Newswire - October 27, 1998 06:48
VANCOUVER, British Columbia, Oct. 27 /PRNewswire/ -- Wicked Wings of Buffalo, Inc. has signed a letter of intent to acquire 100% of the outstanding stock of WelcomeTo Search Engine Inc. The new company will be named WelcomeTo Search Engine Inc. (OTC Bulletin Board: WKWG).
WelcomeTo is a commercial business search engine that uses the latest innovation in Internet technology. The WelcomeTo search engine saves users from getting caught in a web of useless and irrelevant information. By allowing users to focus their search within a specific geographical region, users will be able to access relevant information faster than they presently are able. WelcomeTo believes the result is the fastest, most efficient and most effective search process on the Internet.
The greatest revenue potential on the Internet lies in the product and service market that is specific to the city or region in which a particular business is located. WelcomeTo has created the ultimate product to capitalize on this opportunity and has built advertising and revenue models that are expected to facilitate more growth than any other search engine. WelcomeTo's regionally based database gives the user the ability to easily find products and services that are relevant to the city, state or country that the individual wishes to search in. This technology gives WelcomeTo the ability to provide an on-line "Yellow Pages" atmosphere that is exclusive to each city, saving the local and global needs of commercial business.
WelcomeTo's technology is ideally suited to position the company as a major player in the E-commerce markets (the buying and selling of products over the Internet). This market is projected to reach one trillion dollars in E-commerce revenues by the year 2005 (source: Jupiter Communications). By December 1998, WelcomeTo will have an Internet shopping mall that will sell products throughout North America on the Internet. WelcomeTo expects traffic to be in the millions of visits per month, which immediately translates into greater exposure and increased advertising revenues.
SOURCE WelcomeTo Search Engine Inc.
/CONTACT: Dunhill International Communications, 800-930-3242, for
WelcomeTo Search Engine/
welcometosearch.com
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