CatalogCity.com To Launch Operation in Europe.Business Editors PACIFIC GROVE Pacific Grove, residential and resort city (1990 pop. 16,117), Monterey co., W central Calif., on a point where Monterey Bay meets the Pacific Ocean; inc. 1889. , Calif.--(BUSINESS WIRE)--Jan. 31, 2000 With CatalogCityJapan.com ready to launch in the 2nd Quarter, CatalogCity.com is further spreading its global wings and is now preparing for a landing in Europe CatalogCity.com today announced the appointment of John Pincott as Vice President/Managing Director CatalogCity - Europe, to be headquartered in London. Pincott, 37, joins CatalogCity.com after a decade as Partner with Sterling Marketing Limited, London. Sterling is Europe's largest 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. contract management and consultancy company. CatalogCity.com (http://www.catalogcity.com) is the Web's only complete catalog shopping portal, allowing consumers to shop from hundreds of catalogs and thousands of products from one site. &uot;With operations now established in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Japan, representing the first and third largest e-commerce markets, respectively, a European presence will mean that CatalogCity.com will be available to the three largest e-commerce markets in the world,&uot; said Lee Lorenzen, 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 CatalogCity.com. &uot;Through his experience with Sterling, John has a unequaled working knowledge of the e-commerce landscape in Europe. Under his leadership, we will aggressively pursue this market, where more than 40 million consumers have Internet access See how to access the Internet. .&uot; &uot;This is one of the most promising prospects for both European catalogue merchants and e-commerce consumers to come out of the Internet revolution yet,&uot; noted Pincott. &uot;After consulting with CatalogCity.com to explore this opportunity, I'm excited to oversee the implementation. It represents a fantastic opportunity for European businesses looking to embrace e-commerce for the first time or to expand their remote shopping offers. CatalogCity.com's proven U.S. model will adapt well to Europe.&uot; Unlike Japan where CatalogCity.com provides the infrastructure but the venture is operated by other partners, the European operation will be run by CatalogCity.com, and the company is currently in discussions with several European partner candidates. About CatalogCity.com Founded in September 1997, and partially funded by Bill Gates and Yahoo! (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 : YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ), among others, CatalogCity.com is the first catalog shopping portal. Through a combination of product syndication agreements with most other major portals and its own destination Web site, CatalogCity.com, with its multi-merchant shopping cart, is a one-stop resource that provides consumers easy access to the world's best products. CatalogCity.com is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. and is headquartered in Pacific Grove, CA. More information can be found by visiting the company's Web site at www.catalogcity.com. |
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