Bid.Com Appoints Investor Relations Manager.TORONTO--(BUSINESS WIRE)--Nov. 4, 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 .), one of North America's leading online auctions, today announced that it has hired Tim Richardson Tim Richardson, author of Sweets: The History of Temptation, is the world's first international confectionery historian. He also writes about gardens, landscape and theatre, and contributes to the Daily Telegraph, Country Life, The Idler, as the company's investor relations Investor relations The process by which the corporation communicates with its investors. manager. Mr. Richardson comes to Bid.Com from The Pinnacle Group, a company he founded in 1993. He brings a strong background in investor relations, debt and equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. , and investment research, which will prove invaluable as the company increases its profile with investors. "As we operate in a fast-paced industry segment, where changes occur almost on a daily basis, it becomes increasingly important that we have a consistent point of contact to help the investment community understand the growth of online auctions, our unfolding opportunities and the fundamental value of Bid.Com," said Paul Godin, Chairman and Chief Executive Officer of Bid.Com International. "While we're currently the only company of our kind in Canada, there is a proliferation of comparable stocks in the United States, and it will be Tim's role to get the Bid.Com story out to the market on both sides of the border." Bid.Com International Inc. (formerly known as Internet Liquidators International Inc.) 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, 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 goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. over electronic distribution channels. In addition to its strategic alliances with America Online, The Toronto Star Newspapers Limited, and Rogers Media Inc., the company enjoys distribution agreements with Yahoo!, Netscape, Metacrawler, and more recently with ComputerShopper.com, a Ziff-Davis property. Bid.Com is strategically positioned to leverage its technological leadership by offering the pre-eminent online auction platform for license to business-to-business markets and for distribution through broadband/cable media. |
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