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Bid.Com Announces New TSE Listing Symbol Change From ILI To BII Reflects New Corporate Name.


TORONTO--(BUSINESS WIRE)--July 16, 1998--Bid.Com International Inc., (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:BII BII Bank Internasional Indonesia
BII British Institute of Innkeepers
BII Bioindustry Initiative (US Department of State)
BII Bronco II (Ford truck; predecessor of the Explorer)
BII Basic Issue Item
) a leading international online auction operator, is pleased to announce a change in the company's TSE Listing Symbol from ILI to BII.

The company recently changed its corporate name from Internet Liquidators International Inc. to Bid.Com International Inc. in order to conform with and better leverage its online consumer auction brand, Bid.Com.

"Our 300 percent sales growth in the second quarter attests to the success of Bid.Com as a distinctive, recognizable consumer brand, and we believe the change in our stock symbol to BII will help ensure a consistent image as we continue along this path of high growth and increased corporate profile," said Paul Godin, President and Chief Executive Officer of Bid.Com International Inc.

Bid.Com was founded in 1995 and listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 in February 1998. With offices in Toronto, Ontario and Tampa, Florida “Tampa” redirects here. For other uses, see Tampa (disambiguation).
Tampa is a United States city in Hillsborough County, on the west coast of Florida. It serves as the county seat for Hillsborough County.GR6.
, it is one of the Internet's leading online auction sales organizations. The company offers a compelling, entertaining, and cost-effective method of selling a wide array of consumer goods consumer goods

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and
 to businesses and retail shoppers in their homes and offices using interactive displays on the Internet as the distribution channel. In addition to its strategic alliances with America Online, GTE GTE General Telephone & Electronics
GTE Génie Thermique et Énergie (French)
GTE Gas Turbine Engine
GTE Global Tropospheric Experiment
GTE Geothermal Energy
GTE Gas Turbine Efficiency plc (Sweden & USA) 
 Media Ventures, and The Toronto Star Newspapers Limited, the company has also recently announced new distribution agreements with Yahoo! Metacrawler and Netscape.

    CONTACT: Bid.Com International Inc.
              Paul Godin, 905/ 672-7467 ext. 226
              pgodin@internetliquidators.com
              http://www.bid.com
                   or
              Bid.Com USA Inc.
              Jeff Lymburner, 888/ 750-7467
              jlymburner@internetliquidators.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jul 16, 1998
Words:264
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