Corniche Group Inc. Officially Opens E-commerce Website; Let the Online Ribbon-Cutting Festivities Begin! Company Website www.warrantysuperstore.com is Completely Operational.EULESS, Texas--(BUSINESS WIRE)--April 30, 1999-- The Corniche cor·niche n. A road that winds along the side of a steep coast or cliff. [Short for French route en corniche : route, road + en, on + corniche, Group (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CNGI CNGI China Next Generation Internet ), an e-commerce company providing affordable service plans conveniently and directly to the consumer, has officially opened its website doors Friday at www.warrantysuperstore.com. "It is not acceptable anymore in today's exploding e-commerce marketplace to simply state we offer unique online products or services," said Bob Benoit Bob Benoit was a professional bowler in the Professional Bowlers Association (PBA) in the 80s and 90s. Over the course of his career, Benoit won 4 PBA titles. He is mostly known for being the first bowler to ever roll a perfect game in a televised title match, as well as the fifth , executive vice president and COO of Corniche. "The latest Neilsen NetRatings show that of the 16.1 million web surfers, the average session lasts 30 minutes. In that time, only five sites are normally visited. We intend to ensure that the warrantysuperstore will be included in one of those sessions with our extensive advertising and merchandizing plan." The Corniche Group's formula at www.warrantysuperstore.com: o The customers choose the plan that is right for them. "You pay for the protection you need. No longer are you obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to choose service plans that you either can't afford or don't entirely want," Benoit said. o Complete Online Transaction. There are no phone calls to make. Simply follow our step by step instructions to purchase a service plan. "We'll send your contract directly through e-mail, via a secured connection." o Price. With its premiere service, the Corniche Group is the first to offer automotive service plans that are at a 60% savings compared to retail service plans offered by other online sites. o Affordable, Convenient Service. "Even in the online world I'm a stickler stick·ler n. 1. One who insists on something unyieldingly: a stickler for neatness. 2. Something puzzling or difficult. for customer service," Benoit said. "It's been a company priority that this site be extremely customer friendly and fast so the consumer can save time, yet still receive the security and safety of knowing that the buying process is secured by VeriSign, the leading provider of Public Key Infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) and digital certificate solutions used by enterprises, websites, and consumers to conduct secure communications and transactions over the Internet and private networks." Each service plan varies depending on the consumer needs. The automotive service plans are currently available in thirteen states, with expectations of expanding that service to other states within the next 30 to 60 days, as well as providing service plans for home-based products, including home office equipment and electronics. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under 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: To the extent that this news release makes statements about the future, such statements are forward looking and subject to a number of risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results and other risks, detailed from time to time in the Company's filings with the Securities and Exchange Commission. These risks could cause the Company's actual results from the current fiscal year and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. No assurance can be made that the maximum or minimum amount of the shares to be offered pursuant to the offering will be sold. |
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