Dallas Gold and Silver Exchange Partners With Amazon.com for New Auction Site.DALLAS--(BUSINESS WIRE)--March 31, 1999-- Dallas Gold and Silver Exchange chosen as Charter Merchant to showcase jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. , diamonds, fine watches, and precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. to millions of e-commerce fans Dallas Gold & Silver Exchange, Inc. (Amex:DLS DLS abbr. Doctor of Library Science ) or (Amex:DLS.EC) announced that it is among the first to offer items for bidding at Amazon.com Auctions, the new shopping service from Amazon.com (Nasdaq:AMZN AMZN Amazon.com (NASDAQ symbol) ), the No. 1 online video, music, and book retailer. Amazon.com will serve as a gateway for Dallas Gold and Silver Exchange to reach qualified and experienced online shoppers and to have auctions featured across millions of Amazon.com's pages. Amazon.com selected approximately 100 charter merchants to act as sellers in this new marketplace, with merchants ranging from electronics dealers to retailers of jewelry and precious metals such as Dallas Gold and Silver Exchange. "Dallas Gold and Silver Exchange played a key role in the development of our online auction marketplace," said Jeff Blackburn, director of merchant services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or at Amazon.com. "With the help of Dallas Gold and Silver Exchange and other merchants, we are driving to reach our goal of allowing customers to find, discover, and buy any products they want at Amazon.com." As a Charter Partner for Amazon's new auction site, Dallas Gold and Silver Exchange will be prominently featured as a merchant in this new site. Dallas Gold and Silver Exchange currently has 250 items listed and will add approximately 250 items each week. "This strategic partnership with Amazon is a huge step for us," said William Oyster, president of Dallas Gold and Silver Exchange. "This demonstrates that we are very serious about making the Internet a significant profit center for our company. During the first quarter of 1999, our Internet related revenues were almost six times our entire 1998 revenues. We believe that the alliance with Amazon will have a significant positive impact on our company's revenue and profitability as we are introduced to more than 8 million of Amazon's customers. This shows we are nearing our goal of becoming the dominant player in the auction and sale of jewelry, diamonds, fine watches, and precious metals." Amazon.com Auctions will offer these items in a safe and secure environment, backed by a $250 guarantee against misrepresentation misrepresentation In law, any false or misleading expression of fact, usually with the intent to deceive or defraud. It most commonly occurs in insurance and real-estate contracts. False advertising may also constitute misrepresentation. or non-receipt of goods. Amazon.com is also offering $10 gift certificates for first-time winning bidders as an incentive to discover and purchase items at the site. Dallas Gold and Silver Exchange will benefit from having Amazon.com Auctions promoted on millions of Amazon.com's book, music, and video product pages. About Dallas Gold and Silver Exchange Dallas Gold and Silver Exchange (Amex:DLS) or (Amex:DLS.EC) is an online commerce leader, having developed one of the first true online auction sites in 1995. After a significant upgrade in late 1998, the site (http://www.dgse.com) now includes a range of e-commerce features such as a live trading floor and a complete virtual store. Dallas Gold & Silver Exchange (http://www.dgse.com) is a wholesaler and retailer of jewelry, diamonds, fine watches and precious metals to domestic and international customers through its Superstore in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. and on the Internet. Additionally, Dallas Gold and Silver Exchange's new online auction product Virtual Auctioneer was recently featured in Information Week and Computer Reseller News. About Amazon.com, Inc. Amazon.com, Inc. (NASDAQ:AMZN), the Internet's No. 1 video, music, and book retailer, opened its virtual doors on the World Wide Web in July 1995. Today, the Amazon.com store has expanded to offer more than 4.7 million book, music-CD, video, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. , computer-game, and other titles, plus online auctions, secure credit-card payment, personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. recommendations, and streamlined ordering through 1-Click(SM) technology. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of 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. The Company intends that such forward-looking statements be subject to the safe harbors 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. created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. |
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