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Shares Outstanding 11.2M Float 7.50M MyInternet.to Introduced by Commerce Group Corp.'s Subsidiary MILWAUKEE--(BUSINESS WIRE)--July 26, 1999--Commerce Group Corp.'s (OTC BB:CGCO - news) subsidiary Ecomm Group Inc. (Ecomm) Monday announced, ahead of schedule, the launching of its new MyInternet.to Web Portal. MyInternet.to is ''a one stop gateway to the Internet'' and provides full range of the Web's most popular services with a differentiating twist in order to compete with popular portals similar to Yahoo! (NASDAQ:YHOO - news) or Lycos. Ecomm Chief Executive Officer and Interactive Business Channel Inc. (IBC) President Matthew Marcus, a manager and developer of MyInternet.to, stated, ''This is the first major step toward acquiring synergistic Internet companies in order to develop and consolidate certain fragmented niches of the Internet community.'' Ecomm believes that a significant opportunity exists to develop and consolidate certain fragmented niches of the Internet community into a Web portal. An Internet portal is a hub or gateway to the Internet, such as Excite (NASDAQ:XCIT - news), Lycos (NASDAQ:LCOS - news), Go2Net and Infoseek (NASDAQ:SEEK - news), that provides many services and features for its visitors. MyInternet.to provides a gateway to the Web's most popular destinations and services. These gateways and services include free Web-based e-mail similar to HotMail (NASDAQ:MSFT - news), free Web page communities similar to GeoCities (NASDAQ:GCTY - news), chat communities similar to TalkCity, auctions similar to e-Bay (NASDAQ:EBAY - news) and uBid (NASDAQ:UBID - news), targeted advertising similar to DoubleClick (NASDAQ:DCLK - news) and Flycast, a personalized start page similar to Netscape (NASDAQ:NSCP - news), Internet directory similar to Yahoo!, and e-commerce similar to Amazon.com (NASDAQ:AMZN - news), OnSale (NASDAQ:ONSL - news) and Digital River (NASDAQ:DRIV - news). Roll Up Strategy Ecomm seeks to acquire synergistic niche Web sites. Ecomm has invited Internet companies to participate in its acquisition program which provides: -- An interactive online environment in which content is updated frequently and visitors are active participants, interacting with both users and one another; -- Content that captures and retains visitors' interest by entertaining, providing varying perspectives and encouraging users to participate or take action on the information provided; -- Ease of use of the Internet site through its design, communication and navigation features and tools; and advertising and sponsorship opportunities through an approach combining brand integration, animated advertising, product promotion and content area sponsorship. Strategic Partners Ecomm has aligned itself with strategic partners Webzter.com and IBC in order to successfully execute its Internet strategy. Webzter.com will assist in all aspects of hosting, developing, and managing the new portal and is a well established specialist in ''Internetizing'' companies. Webzter has successfully assisted other public and private companies with their transformation into Internet-centric companies including Sims (NASDAQ:SIMS - news) and GTC Telecommunications (OTC BB:GTCC - news). IBC has extensive experience in assisting public companies in all aspects of Internet business development, marketing, and executing Internet strategy in exchange for equity ownership. IBC's own investment Web portal, ibchannel.com, is one of the leading guides to investing on the Internet. In the past year, IBC has retained equity in a broad stock portfolio of emerging Internet companies including USURF America (usrf.com), Webzter.com, WorldPort (WRDP.com), Sims, Intermost.com, Intelliquis.com, Nutritioncafe.com, FinelineProperties.com, WorldWide Medical, ComTech, cytation.com and Primesource. Statements in this release are made pursuant to the ''Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the company's services, increased levels of competition for the company, and dependence on the performance of the management of the company. Contact: Commerce Group Corp. Edward L. Machulak, 414/462-5310 Fax: 414/462-5312 E-Mail: comgroup@execpc.com Web site: www.commercegroupcorp.com Web Portal: www.myinternet.to/ or Webzter Corp. Dean Shafer, 949/622-5535 webzter.com or Ecomm/IBC Matthew Marcus, 949/442-8919 ibchannel.com | ||||||||||||
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