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Airbomb Signs B2B Contract with European Bike Manufacturer.


Business Editors

VANCOUVER, B.C.--(BUSINESS WIRE)--June 27, 2000

Airbomb.com Inc. ("Airbomb" or the "Company") (CDNX CDNX

See Canadian Venture Exchange (CDNX).
:AIR.)(OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ABOM ABOM Australian Bureau of Meteorology
ABOM AAHL (Australian Animal Health Laboratory) Board of Management
ABOM A-Bis Operations and Maintenance (SS7)
ABOM Aviation Bill Of Material
ABOM Ada Bit-Oriented Message
) has been selected by Mrazek Bicycles, a premium manufacturer of mountain bike frames, to supply "build kits" for use with their US domestic distribution.

The arrangement allows Mrazek to deliver their high-end frames to its dealer network with Airbomb supplying all the components necessary for the shop to assemble and deliver the completed bikes for sale to the customers.

Mrazek Bicycles is a manufacturer of high performance titanium and aluminum bicycle frames and components based in Vrbno Czechoslovakia. They specialize in light and durable racing oriented bikes ranging in price from $2500 to $5000.

"Marazek is one of the most respected companies in the cycling industry and this order strengthens Airbomb's position as a B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 (business to business) supplier to manufacturers and dealers alike," said Airbomb marketing manager Eugene Duke. "Our access to competitively priced components and our reputation for quick, professional completion and delivery were key to signing this agreement," he concluded.

Airbomb President David Houston David Houston may refer to:
  • David Houston, American politician.
  • David Houston, country music singer.
 added, "This order confirms the global appeal of our business model. The Internet is proving to be an efficient and economic method for selling products globally. Very low prices are key and our direct relationships with several manufacturers are resulting in strong sales growth," he further stated.

About Airbomb.com Inc.

Airbomb.com is an Internet B2B supplier of sporting goods Noun 1. sporting goods - sports equipment sold as a commodity
commodity, trade good, good - articles of commerce

sports equipment - equipment needed to participate in a particular sport
, primarily bicycles and related components and accessories. The Company markets products acquired from a variety of suppliers at discount prices through its website located at http://www.airbomb.com. Airbomb offers a powerful solution to manufacturers through private label agreements, selling their products under the 'airbomb' label or by co-branding with established companies (e.g.: Airbomb with the Nuke Proof label).

On behalf of the Board David Houston President

The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX)  has neither approved nor disapproved of this news release. Certain statements contained herein are 'forward-looking statements' (as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995.) These statements are based upon the belief of the Company's management as well as assumptions made beyond information currently available to Company Management. Because such 'forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. Such "forward looking" statements include, but are not limited to, competitive factors, general economic conditions, customer relations, relationships with Vendors, government supervision and regulation, product introductions and acceptance, technological changes in industry practices and other factors discussed in filings made by the Company with the Security and Exchange Commission.

Canadian Venture Exchange (CDNX) Symbol: AIR OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 Pink Sheets: ABOM
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1CANA
Date:Jun 27, 2000
Words:444
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