Customer-Focused Strategy Earns Bidhit the BBB Designation Company Committed to the Highest Level of Customer Service.BOTHELL, Wash.--(BUSINESS WIRE)--Sept. 9, 1999-- (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BHIT BHIT Bicycle Helmet Initiative Trust (UK) ) Bidhit.com Inc. (OTC BB:BHIT), a growing online auction site, announced today that it has been accepted as a member in good standing of the Better Business Bureau (BBB BBB A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above. ) and the BBB OnLine. "We are fully committed (Law) committed to prison for trial, in distinction from being detained for examination. See also: Fully to delivering the highest levels of customer service," said Timothy Black, 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. . "The Better Business Bureau designation is an important third party endorsement that we sought because of the standards they uphold. We believe that solid customer relationships, high customer confidence and reliable service are keys to our success." Bidhit.com's has followed a customer-focused strategy in the building of its online auction site. This strategy involves enhancing customer relationships through unique services, advanced database technology and value-added consumer information. About the Better Business Bureau The Better Business Bureau (BBB) system was founded in 1912 and is supported by 250,000 businesses nationwide. The Bureau's mission is to promote and foster the highest ethical relationship An ethical relationship, in most theories of ethics that employ the term, is a basic and trustworthy relationship that one has to another human being, that cannot necessarily be characterized in terms of any abstraction other than trust and common protection of each other's body. between businesses and the public through voluntary self-regulation consumer and business education, and service excellence. The mission of BBBOnLine is to promote trust and confidence on the Internet by encouraging sound and ethical business practices. The BBB Reliability Seal provides consumers with an easy way to distinguish reliable websites and online services while promoting trust and consumer confidence online. In a review of a number of online seals of assurance BBBOnLine was found to be "The Best of the Bunch" stating "A seal is only as good as the company awarding it. The seal of the Better Business Bureau - an organization that existed long before anyone heard of the Internet - offers more meaningful protection than the others we examined." From "Shopping OnLine? Trust the Better Business Bureau." PC World, September 1998. In a Nov. 1998 review of online Seals of Assurance, BBBOnLine was named "the gold standard" by Money magazine. In a survey of web shoppers conducted by GreenfieldOnLine for BBBOnLine, a large majority (84 percent) agreed that the recognition of companies on the web by reputable third party (such as the Better Business Bureau) would make them more confident about buying from companies they do not know. More than three-quarters (78 percent) report that they would shop more online if they could be assured a company is reputable. About Bidhit.com Bidhit.com is a fully developed, profitable, real time online auction company with a customer database of over 100,000 registered users. The company is focused on providing quality brand name 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 to distinct and growing customer segments. Bidhit.com has achieved rapid growth by building a solid operational infrastructure and is now leveraging this success to become one of the leading online auction brands on the Internet. About the Online Auction Segment According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
ONSL Optical Network Simulation Layer (VPI) ONSL Organization Nationale des Syndicats Libres ) and Bid.Com International (Nasdaq:BIDS), has been well documented. Bidhit will be focused on growing its online auction presence in attracting and sharing the enormous audience for online auctions. On Behalf of the Board of Directors, Timothy J. Black, President and CEO Bidhit.com 'Safe Harbor' 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: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. |
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