ArtGalleryLIVE.com Signs Agreement For 45,000 New Artworks.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Nov. 7, 2000 ArtGalleryLIVE.com Management Ltd. (CDNX CDNX See Canadian Venture Exchange (CDNX). :ALV ALV Arvonlisävero (Finnish: value added tax) ALV Avian Leukosis Virus ALV Andorra La Vella (capital of Andorra) ALV Autonomous Land Vehicle ALV Asta La Vista ALV Alvin, Texas ALV Air Launched Vehicle .) announces the management team has just signed an agreement to retail over 45,000 new artworks through their online fine art network. Adding to the recently acquired collection of fine art from partner galleries across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , ArtGalleryLive.com has secured thousands of affordable home decor artworks to appeal to online shoppers. The artworks have been secured through a US based publishing consolidator representing close to one hundred of the leading art publishers in the US and Canada. The new collection will be loaded on the site in the following months and will range in price from US $20-$500. The company is also pleased to announce a new viral marketing An online advertising approach that functions somewhat like word-of-mouth. The "viral" refers to how quickly it propagates, but its purpose is not to cause damage like a computer virus, but to make an offer available to the masses. program using popular e-cards. Every work of art available for sale on the site can now be emailed to friends and family along with a personalized greeting. The Company also announces that 500,000 outstanding share purchase warrants have been surrendered for cancellation. The warrants were issued on September 12, 2000 as part of the final tranche closing of the Company's 3,000,000 Unit private placement initially announced on June 16, 2000. ArtGalleryLIVE.com Management Ltd. is an e-commerce enabler focused specifically on the art market, operates an e-commerce website http://www.artgallerylive.com, and offers a range of business-to-business and business-to-consumer e-commerce and marketing solutions to publishers, galleries, dealers and collectors. Venture Service Provider Daddy-longlegs.com, Inc. at www.daddy-longlegs.com manages ArtGalleryLIVE.com. On Behalf of the Board of Directors, ARTGALLERYLIVE.COM MANAGEMENT LTD. Peter Steele, 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. WARNING: The Company relies upon litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. protection for "forward-looking" statements. 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 not reviewed and does not accept responsibility for the adequacy of this press release. |
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