Bidhit.com CEO to Appear on Los Angeles Business Affairs Show; Tim Black to be Interviewed on KJLA-TV's 'Market Talk'.BOTHELL, Wash.--(BUSINESS WIRE)--Dec. 6, 1999-- Bidhit.com Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BHIT BHIT Bicycle Helmet Initiative Trust (UK) ), a rapidly growing online auction company, announced today that Mr. Tim Black, President and 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. of the Company will be featured on the Los Angeles based, KJLA-TV, business affairs program "Market Talk". The show will air Wednesday, Dec. 8 at 12:07 pm PST PST Paroxysmal supraventricular tachycardia, see there . "We were extremely pleased to be invited to appear on 'Market Talk'" stated Tim Black. "The live, interview format will give us the opportunity to discuss the substantial new developments currently taking place in the Company. It's also a great opportunity to promote the Bidhit.com brand in the influential Southern California marketplace." About KJLA-TV and "Market Talk" with Mike Russell Business News 22, KJLA-TV, is an independent television station based in Hollywood California. KJLA, Los Angeles' all news station features stock market news and financial information on an exclusive basis from Monday to Friday, between the hours of 6:30 am and 2 pm. After 32 years as KWHY-TV, Channel 22 in Los Angeles, became KJLA-TV and relocated to Channels 44/57 in Los Angeles/Ventura. The station's signal reaches approximately 1.5 million homes in Southern California. Hosted by Mike Russell for the last five years, "Market Talk", aired live, is a business affairs program that features interviews with business leaders and CEO's of up and coming companies. Past guests of "Market Talk" have included Tim Koogle, CEO of Yahoo! (Nasdaq:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ) and James Morgan of Applied Materials Inc. (Nasdaq:AMAT AMAT Applied Materials (stock symbol) AMAT Average Memory Access Time AMAT Automatic Message Accounting Transmitter AMAT Anti-Materiel (bomb or mine) AMAT Ageing Management Assessment Team ). About Bidhit.com Bidhit.com is a fully developed, real time, online auction company with a customer database of over 100,000 registered users. The company is focused on providing quality brand name 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 distinct and growing customer segments. Bidhit.com has achieved rapid growth by building a solid operational infrastructure and is now leveraging this success to become one of the leading online auction brands on the Internet. About the Online Auction Segment According to Forrester Research, 52% of online business is expected to be transacted via auctions by 2002, (Reported in Business 2.0, June 1999). The success of online auction sites such as eBay,Inc. (Nasdaq:EBAY), uBid,Inc. (Nasdaq:UBID), Onsale Inc. (Nasdaq:ONSL ONSL Old North St. Louis (neighborhood just north of downtown St Louis, MO) ONSL Optical Network Simulation Layer (VPI) ONSL Organization Nationale des Syndicats Libres ) and Bid.Com International (Nasdaq:BIDS), has been well documented. Bidhit.com will be focused on growing its online auction presence in attracting and sharing the enormous audience for online auctions. On Behalf of the Board of Directors, Timothy J. Black, President and CEO Bidhit.com `Safe Harbor' statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. |
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