ArtGalleryLive.com's New Web Site Proves Successful.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Aug. 23,2000 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 .) is pleased to announce the statistics of the new web site since the re-launch 60 days ago. Based on the results from the ArtGalleryLive.com member survey, the in-house team completely redesigned and rebuilt the web site, which was launched June 18th, 2000. The first two months of site activity indicate a major success. Site traffic has increased with over two million hits and over 100,000 user sessions A count of how many times all users access a Web site regardless whether the same person came back several times during the measurement period. If a user leaves and returns within a short time, some systems count those sessions as one. Contrast with unique visitors. See also user session. in the first two months. The most significant improvement has been time users spent on the site, increasing from 70 seconds on the previous site to over eight minutes on the new site. In addition to the design changes, ArtGalleryLive.com is closely monitoring the sales of the more affordable framed prints, which were added to the new web site as part of a partnership with a Kentucky-based art distributor. The framed product includes hundreds of popular consumer prints by recognized artists including Picasso, Monet, Dali, and Van Gogh. "We have received positive feedback from our members and industry peers since the launch of our new site in June. Our market research and implementation of new programs, artworks, and strategic partnerships indicates we are heading in the right direction," stated 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. , Peter Steele Peter Steele (born Peter Ratajczyk on January 4 1962 in Brooklyn, New York, U.S.)[1] is the lead singer, bassist, and composer for the gothic-doom band Type O Negative. He is a native and resident of Brooklyn, New York. . ArtGalleryLive.com also announces that it has received CDNX acceptance to its non-brokered private placement announced on July 20, 2000. The company has issued from treasury 1,250,000 shares, which are subject to a four month hold period expiring on December 21, 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 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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