Communicate.com Acquires Stereos.com.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Communicate.com Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMNN), a profitable growth eCommerce company, is pleased to announce that it has acquired the URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. Stereos.com. The purchase of Stereos.com reflects Communicate.com's strategy to acquire 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 and travel domains that it believes will further its corporate growth and strengthen its assets. Stereos.com will be immediately launched as an advertising site for the 2004 holiday season, which will contribute to Communicate.com's revenue growth in the fourth quarter. In 2005, Communicate intends to develop Stereos.com as a comparison shopping portal for stereo systems and other consumer electronics products. The latest holiday online shopping forecast from comScore Networks predicts that eCommerce will exceed $15 billion in the months of November and December, up between 23 and 26 percent from the same period in 2003. The Consumer Electronics Association recently reported that 76 percent of US consumers expect to make at least one consumer electronics purchase this holiday season and that consumer electronics products dominate holiday wish lists year-after-year. About Communicate.com: Headquartered in Vancouver, Canada, Communicate.com is a profitable, emerging growth eCommerce company that owns, develops and operates some of the internet's most recognizable brands, including Perfume.com, Karate.com, Boxing.com and Importers.com. Communicate.com's web properties specialize in consumer goods, travel & leisure and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business . Our roster of websites intuitively attracts approximately one million targeted visitors and potential clients per month with no marketing costs, giving us a competitive advantage in customer acquisition and price. For more information, please visit www.communicate.com. This news release contains "forward-looking" statements, as such term is defined in 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. Because such statements include risks and uncertainties, actual results may differ from those expressed or implied herein. Further information on potential factors that could affect the financial results of Communicate.com is included in the Company's filings with the U.S. Securities and Exchange Commission. Communicate.com Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :CMNN) |
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