Beautymerchant, Inc. Announces Major Expansion Into European E-commerce Market; Plans to Acquire Leading Beauty Retailer in England.Business Editors FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Jan. 16, 2001 Beautymerchant, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BUTY), a public company with diversified business interests, announced today that a Letter of intent has been signed to acquire ISLAND U.K. TRADING LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability , a company registered in the United Kingdom with principal offices in Brighton, England engaged in e-commerce and retailing of beauty accessories, cosmetics, fragrances and other beauty products in England and the European market. Edward A. Roth, President of BEAUTYMERCHANT.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. stated "We are excited about this potential business expansion and look forward to completing this transaction, subject to our continued negotiations and due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. ." Further details and terms are expected to be released within the next 30 days. About www.Island-trading.com One of the leading beauty retailers in England, they have quickly established themselves as an aggressive company, in 1999 they were awarded E-tailer of the year in category by the European web community. In addition Island-Trading U.K. operates a retail store location as well as their e-commerce store. They presently represent over 60 popular brands of cosmetics and fragrances and beauty accessories. ABOUT BEAUTYMERCHANT INC.: Headquartered in Fort Lauderdale, Fla. with diversified business interests including: Beautymercahnt. Com, a leading Internet retailer of cosmetics, fragrances and personal care products (http://www.beautymerchant.com/), with business relationships with msn.com and others to enhance the company's exposure and branding on the World Wide Web. Beautyworks Inc. A planned development company operating retail personal care salons for women with the first store expected to open in fall of 2001 in South Florida. Clearing Express USA, Inc. a prominent provider of home services in South Florida with a customer base of over 5,000 customers. A complete corporate profile for Beauty Merchant may be found at http://www.SmallcapNewswire.com. This press release may include statements that constitute "Forward looking" statements usually containing the words "plans" "expects" "believe" "project" or similar expressions. These statements are made pursuant to the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities 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. Reform of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. The risks and uncertainties are detailed from time to time in reports filed by the company, with the Securities and Exchange Commission, including forms 8k, 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound , and 10-KSB. These risks and uncertainties include, but are not limited to the following Company's limited working capital, competitive nature of e-commerce, consumer acceptance of the Internet, legal uncertainties and changes in shopping trends. |
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