Bidnow.com In Deal With Sports Immortals; Owner Joel Platt is the Foremost Curator of Sports Memorabilia.WARMINSTER, Pa.--(BUSINESS WIRE)--June 17, 1999-- Bidnow.com, originators of the TV / Web auction business, (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BIDN) today announced that they have signed a one-year agreement to offer high-quality certified sports collectibles, autographs and memorabilia as a new service, in addition to the Bidnow.com Exchange, free person-to-person auctions. This is the first site offered on Bidnow.com (www.bidnow.com) that will charge a 5% buyer's premium, providing a new revenue stream for the company. The first auctions are targeted to begin no later than ninety-days from signing. This area on the site will draw upon the vast experience of Joel Platt, the foremost collector of sports memorabilia The term sports memorabilia usually refers to anything that can be directly connected to a sports event or personality. These items are generally gathered by fans of the particular sport, athlete or team that the item signifies or by collectors who find value in the rarity and founder of Sports Immortals, Inc. (www.sportsimmortals.com). Platt has traveled over one million miles to curate CURATE, eccl. law. One who represents the incumbent of a church, person, or20 vicar, and takes care of the church, and performs divine service in his stead. items for the Sports Immortals Collection, the largest and most valuable assemblage of sports mementos from the world's greatest athletes. Sports Immortals has been designed to be the premier sports and entertainment attraction for the Millennium. Containing over one million mementos, Sports Immortals will perpetuate the memories and achievements of the greatest athletes in sports history. Platt's goal is to utilize state-of-the-art technology coupled with his rare collection, exclusive copyrights, licenses and trademarks to develop projects that will be inspirational, educational, historical, cultural and most of all, entertaining. The Sports Immortal attractions will use the powerful message of sports heroism Heroism See also Bravery. Achilles Greek hero without whom Troy could not have been taken. [Gk. Lit.: Iliad] Aeneas Trojan hero; legendary founder of Roman race. [Rom. Lit. as a means of teaching sportsmanship, healthy competition and personal dedication. "When a collector logs on to our site, and clicks on the Sports Immortals Auctions logo, they know that they are linking to the best, most sought after, sports collectibles available on the web," says William McLaughlin, bidnow.com, inc. Chief Executive Officer. "Collectors know Joel Platt and know he stands behind his memorabilia guaranteeing authenticity, and we believe this is very important." "We view our relationship with Bidnow.com as a gateway to the world of Internet Auctions of sports memorabilia and a strategic way to expand our market for retail sales," says Jim Platt James ("Jim") Archibald Platt (born January 26, 1952 in Ballymoney) is a former goalkeeper who played for Northern Ireland. During his career, 'Jim' won 23 caps for Northern Ireland, an amount largely restricted due to the presence of Pat Jennings in the side. , vice president of Sports Immortals. "It is imperative to note, however, that all items available for purchase come from our retail sales centers and not from the Sports Immortals Collection. Those treasures will be featured in the future interactive and entertaining Sports Immortals Projects we are currently planning." Bidnow.com offers an Internet and television based e-commerce platform, which combines the excitement of live auctions, entertainment, and home shopping Home Shopping commonly refers to the electronic retailing / home shopping channels industry, which includes such billion dollar companies as HSN, QVC, eBay, ShopNBC, Buy.com, and Amazon.com. . Bidnow.com plans to generate revenue, profitability and shareholder value by leveraging our market position and key strategic partnerships to become the premier Internet auction portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. . The general public, specialty collectors, auctioneers, product manufacturers and liquidators should contact corporate VP's John Loughlin John Loughlin is Professor of Politics at Cardiff University and was European Studies Centre Visiting Research Fellow at St Antony's College Oxford in 2005-6. Academic Achievements (jloughlin@bidnowcorp.com) or Michael Ratigan (mratigan@bidnowcorp.com) for more information, or to list products. Sports Immortals, Inc. is headquartered in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. . The current facility includes a 5000 square foot Sports Memorabilia Mart and the Sports Immortals Preview Museum which features over 30,000 items from the world's greatest athletes. For more information contact Jim Platt, jplatt@sportsimmortals.com This press release contains "forward looking" statements within the meaning of 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. Such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involve known and unknown risks and uncertainties or other factors, which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to vary from those predicted or implied in this release. Factors that might cause such a difference include, without limitation, decline in demand for the company's products or services, and the effect of general economic conditions and factors affecting the Internet auction industry. |
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