AllnetServices.com Corp. and Officeland Inc. Announce New Agreement for Placement in Office Products & Services Department of AOL's Shopping Channel.CORAL SPRINGS, Fla.--(BUSINESS WIRE)--March 30, 1999-- AllnetServices.com Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: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 )(formerly AWEB) and Telecom Corp. of Chicago, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Officeland Inc. (Nasdaq:OFLD OFLD Offload ) (Nasdaq:OFLDU) announced today the signing of a new agreement with America Online (NYSE NYSE See: New York Stock Exchange :AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ) for a listing in the "More Stores" area in the 'Office Products & Services' department of AOL's Shopping Channel. The agreement will promote allcopiers.com, which was formed in February through a joint venture between Telecom and AllnetServices.com Corp. Allnet designed the allcopiers.com site as part of a revenue-sharing agreement with Telecom and will continue to host and maintain it. Allcopiers.com will also have a presence in the AOL.com and CompuServe shopping areas. The agreement with AOL comes a week after Allnet announced it had signed an agreement with America Online for a listing in the "More Stores" area in the 'Computing Products' department of AOL's Shopping Channel for its site allnetdirect.com. Marvyn Budd, president of Officeland, stated "We felt the AOL Shopping Channel was the perfect vehicle to drive more Internet shoppers and bargain hunters to our new Allcopiers.com Internet superstore. The partnership with Allnetservices.com to host and maintain the web site allows us to concentrate on what Telecom does best-remanufacture, refurbish and re-market brand name office automation equipment for the home and office." Officeland Inc. is a leading reseller of used and refurbished office equipment in North America, selling to original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) dealer networks, commercial, professional and institutional users. To contact Officeland Inc.: Marvyn Budd, President marvyn@ofld.com 416.736.4000 To receive an investor packet go to http://www.ofld.com and link to the company's investor relations page. Telecom Corporation of Chicago is a leading reseller of remanufactured and refurbished name brand small office/home office See SOHO. (SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. ) copiers, printers and multifunctional devices, selling through a dealer channel, e-commerce channel, regional retailers, and direct-mail catalog companies. Telecom is also selling direct to end-users through major national print media promoting the products sold at their Office Equipment Outlet. AllnetServices.com Corp. specializes in online marketing and distribution of a broad range of products and services at wholesale prices to both consumer and trade customers. Its Internet-related businesses include: AllnetDirect.com, which lists over 45,000 computer-related products; GoingOnce.net, a 24-hour online auction; Allmonitors.com, the first Web site dedicated solely to offering all monitor-related merchandise; AllCopiers.com, offering wholesale pricing on office equipment; Allnotebooks.com, offering laptops, PDAs and accessories; and AllnetServices.com, which offers Web hosting, professional graphics design and animation, data base management and site development. Allmonitors.com and AllnetDirect.com are also published in Spanish. To receive an investor packet go to http://www.allnetservices.com and link to the company's investor page. |
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