AllnetServices.com Corp. Announces Sales of New Sceptre Technologies, Inc. Products.Business Editors/High-Tech Writers CORAL SPRINGS, Fla.--(BUSINESS WIRE)--July 25, 2000 AllnetServices.com Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANSC ANSC Animal and Avian Sciences (University of Maryland) ANSC Auxiliary National Supply Center ANSC American National Standards Committee ANSC Aleutian North Slope Current ANSC Association of Norwegian Stockbroking Companies ) an e-commerce and Internet solutions provider today announced the addition and pending sales of new Sceptre Technologies, Inc. liquid flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time PT series products. Sceptre, a pioneer in LCD, CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. monitor, and notebook technology has approved Allnet as an authorized Channel Partner for this leading product line. "The sales of monitor products to our business-to-business (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 ) customers have been very strong and with the addition of these new products, revenues should continue to increase through the end of the year at a record pace." stated Robert Aubel, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Allnet. "We are constantly look for leading edge products with excellent revenue potential to sell to our growing customer base, Sceptre has been an exceptional manufacturer." added Aubel. Previously, Allnet expanded its Allmonitors.com product line by becoming an authorized dealer for ActiveLight, Inc., a value-added distributor of advanced display systems products by Fujitsu (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :FJTSY), Sony (NYSE NYSE See: New York Stock Exchange :SNE), Hitachi (NYSE:HIT), Pioneer (NYSE:PIO), NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :NIPNY) and other plasma displays, multiple-display image servers, specialized broadcast display software and interface electronics for the large-format display network industry. Recently, Allnetservices.com announced anticipated financial results for the second quarter 2000, based on April, May, and June results. Revenue for the second quarter of 2000 is expected to be approximately $1.6 million, an increase of over 300% from the same period in 1999. Net income is expected to rise to over $25,000 for the quarter, a record increase compared to a loss of $112,179 for the same period in 1999, excluding a one-time expense charge for the sale of unregistered securities. Sceptre Technologies, Inc. is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified original equipment manufacturer (OEM) of LCD flat panels, notebook computers and CRT monitors. Sceptre's parent company in Taiwan supplies products for companies including Dell (Nasdaq:DELL), Compaq (NYSE:CPQ), and NEC. Sceptre's reputation is consistently reflected by the computer media's great reviews. In September 1998, Mobile Computing gave the FT15+ LCD flat panel their "First Class Award" and, in July 98 Byte Magazine gave the BT15+ a four-star rating. At Comdex Canada '98, held in July, Sceptre was awarded the prestigious "Innovation Award" by Canadian Computer Wholesaler. AllnetServices.com Corp. specializes in the on-line marketing and distribution of a broad range of products and e-commerce solutions to business-to-business (B2B) and business-to-consumer (B2C) customers. Its Internet-related businesses include: AllnetServices.com, which offers professional graphics design, database management, web site development and web hosting services; AllCopiers.com, offering wholesale pricing on copiers and other office equipment; Allnetmortgages.com, an online mortgage lending web site; Allmonitors.com, a web site dedicated solely to offering all monitor-related merchandise; AllnetDirect.com, which lists over 45,000 computer-related products; Allnotebooks.com, offering notebooks computers, PDA's and accessories; and Allnetpagers.com which offers wireless messaging products and services. Allnetmortgages.com, Allnetdirect.com and Allmonitors.com are also published in Spanish. Forward-looking statements and comments in this document are made pursuant to the safe harbor provision of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, maintain current sales levels, add new products and services and develop new Web sites are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including risks related to the demand for the company's products and services, competition, and availability of capital. If you have any questions regarding this material, please contact the company. To visit AllnetServices.com Corp on the web, go to: http://www.allnetservices.com ; http://www.allcopiers.com ; http://www.allnetmortgages.com ; http://www.allmonitors.com ; http://www.allnetdirect.com ; http://www.allnotebooks.com ; http://www.allnetpagers.com . |
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