Canton Industrial Corp. makes announcement.SALT LAKE CITY--(BUSINESS WIRE)--April 17, 1996--The Canton Industrial Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CICP CICP Centre for International Crime Prevention (United Nations Office for Drug Control and Crime Prevention) CICP Colorado Indigent Care Program CICP Consortium for International Crop Protection )(BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :CND CND Campaign for Nuclear Disarmament CND n abbr (= Campaign for Nuclear Disarmament) → plataforma pro desarme nuclear CND (Brit) n abbr (= ), Wednesday announced CyberExcellence Inc., a premiere Internet mall site, is ready to go online, offering shoppers and businesses across the globe access to innovative and truly unique retail environments. CyberExcellence is the first of 40 malls Canton expects to create. Beginning with CyberExcellence, each mall can comprise between 100 to 1,000 shops, if not more. Each shop is expected to be leased by vendors worldwide in 12-month, 6-month, or month-to-month packages. Currently on Canton's staff are programmers, designers, graphic artists, customer service representatives, and a technical support division for use by retailers and shoppers alike. In addition, Canton is employing a broad array of marketing strategies to further support this effort. CyberExcellence financial projections show potential income of approximately $400,000 in shop rental, shop maintenance fees, and stand-alone advertising per year. Providing the key element that will contribute to the success of Canton's Internet mall sites will be a revolutionary, new search engine. This search engine, which is designed to be more search-specific than current engines like Yahoo!(TM), WebCrawler(TM), or Lycos(TM), is expected to be available for use in the very near future. Canton Industrial Corp. believes that upon maturity, market value of all Canton's mall sites collectively may reach approximately $40 million. Canton stands at the threshold At the Threshold, whose son Lil E. Tee won the 1992 Kentucky Derby for W. Cal Partee, died March 23 of a stroke at Purdue University School of Veterinary Medicine in West Lafayette, Ind. The 21-year-old stallion stood at Wayne Houston's Stoney Creek Horse Farm near Mooreland, Ind. of the twenty-first century, attempting to make the Internet become a household retail application. CONTACT: Canton Industrial Corp., Salt Lake City Investor Relations Investor relations The process by which the corporation communicates with its investors. Dept., 800/574-4179 |
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