Information-Highway.com, Inc. Selects Shopbiz.com as an E-Commerce Provider
For Immediate Release: May 7, 1999--Vancouver, BC--Information-Highway.com, Inc. (OTC BB: IHWY) announced today that it had chosen Shopbiz.com as one if its e-commerce providers for its Executive Club portals.
Shopbiz.com will provide its proprietary e-commerce technology and revenue sharing relationships to three existing and nineteen 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 & 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 in order 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 the company should aid directly in the expansion of our web-based market share."
"Although the markets fluctuate and as our company's stock price may move in various directions, we continue to focus on the building of shareholder value for the long-term through our participation in web-based revenue-generating partnerships and marketing programs as well as through our traditional Internet access and hosting services,"' added Robertson.
About Shopbiz.com, Inc
Shopbiz.com launched version 1.0 of its web-enabled commerce solution on March 1, 1999. The site brings merchants and customers together, creating the first multi-manufacturer shopping cart technology on the web. Shopbiz.com was developed to give merchants a cost-effective, simple way to reach customers and expand their distribution. Within 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, a password and secure administration of their products and orders.
About Information-Highway.com, Inc.
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!.
Interested parties may join The Executive Club for free at http://www.theexecutive.com and can find more information about Information-Highway.com, Inc. on the Company's web site at http://www.information-highway.com. Information-Highay.com, Inc. has been featured in Internet Stock News (http://www.internetstocknews.com) one of the web's leading free publications for Internet Stock investors.
CONTACT:
John Robertson
Information-Highway, Inc.
1-800-665-4616
Dan
Mutters
IP Equity Investor Relations
http://www.ipequity.com
ir@information-highway.com
1-800-997-3323
Except for the historical information contained herein the matters discussed are forward looking statements made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risk and uncertainty, such as quarterly or other periodic fluctuations in operating results, market acceptance or the company's products and services, and the impact of competitive product and pricing and other uncertainties set forth in the company's filings with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from any forward-looking statements herein.