Electronic Transfer Assoc. Inc. Co. Finalizes Plans to Develop Interactive Compact Disks.NEW YORK--(BUSINESS WIRE)--Nov. 11, 1998--Electronic Transfer Assoc Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ECTS ECTS European Credit Transfer System ECTS European Community Course Credit Transfer System ECTS European Computer Trade Show ECTS Erie County Technical School (Pennsylvania) ECTS Engine Coolant Temperature Sensor ), today announced that it has finalized See finalization. plans to develop interactive compact disks to be used in conjunction with Internet marketing See Internet advertising. and sales programs. This additional service will enable sales oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. companies to take their message to a wider audience in a cost efficient manner. A spokesman for the company said today, "The addition of interactive CDs adds a new dimension to Internet marketing. Most clients are familiar with the potential audience that one can reach via the Internet, but where the product or service involves the use of complex graphics or large banks of data, a free CD could dramatically increase sales. The Internet is still too slow in transferring such data, so a compromise is usually struck where the picture quality suffers. For example, a logical use of this technology would be a real estate agency that has thousands of properties in its book. These would take too long for a customer to search through over the net. However, a combination of the Internet and a free CD would make the presentation so much faster and easier." This press release contains forward-looking within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is 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 by those sections. These 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. include statements related to potential mergers and the effect of those mergers on the prospects of the company. Actual results may differ materially due to a number of risks, including the uncertainty of the completion of the contemplated transactions. This press release provides general information and should not be construed as an offer to sell securities. The material contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. This report is for informational purposes only and should not be construed as advice or as meeting the investment needs of any particular investor or designed to be the basis of any investment decision. |
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