COSMOZ.COM Inc. Announces Two New Strategic Internet Initiatives.MOUNTAIN VIEW--(BUSINESS WIRE)--Feb. 12, 1999--COSMOZ.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. Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMOZ) is pleased to update its shareholders on its current projects and investment initiatives. The company has been reviewing a number of unique Web sites and Internet related businesses for acquisition in the immediate future. Specifically, COSMOZ has been focusing on online gaming See gaming. and niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. online shopping, in addition to investment and finance related Web sites. Cosmoz.com Inc. is evaluating several web sites focused within the online gaming affinity, for possible acquisition or development projects. The company is currently negotiating to acquire a company that holds the licensing rights to an operating online gaming business. More details are expected to be available in the immediate future. In addition, Cosmoz.com Inc. has been negotiating to acquire the U.S. online distribution rights to a line of recognized brand name products. The company will design a unique online shopping experience, focused within a specific theme. The online storefront will be built around this product line, with complementary products to be added. Cosmoz.com Web site is under construction and the company expects to launch http://www.cosmoz.com near the end of the month. The Web site will serve three strategic purposes. First, it will communicate COSMOZ's mission and corporate information effectively to better serve customers and investors. Second, it will conveniently tie together and promote complementary Web based businesses which COSMOZ develops, acquires or sells. Third, established Internet based businesses can submit their Web site to be reviewed, as potential acquisition candidates. COSMOZ.com Inc. has been evaluating specific Web sites which have developed a growing following within the high growth investment affinity. Recently the company announced the acquisition of the INVESTORSGURU.COM financial Web site, which will become its financial portal Financial Portal A website that provides a variety of financial data and information, acting as an information hub for clients who are individual investors requiring timely financial news and data to make their investment decisions. to a variety of investment information and related services offered. COSMOZ plans to redesign and increasing marketing of the Web site next month, while also adding new and complimentary features like free real-time quotes. Similar to Go2Net Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GNET GNET Global Network of Environment and Technology GNET General Information Network GNET Gigabit Network ) and CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) Inc. (NASDAQ:CMGI), COSMOZ.com's mission is to become a recognized leader in the development and acquisition of high profile, high traffic, niche market -- Internet related businesses and Web based technologies. COSMOZ.com's goal is to become a major force in the Internet field and is dedicated to achieving this goal in a timely manner. Certain information and statements included in this release constitute "forward-looking statements" within the meaning of the Federal 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 involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements. |
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