Interactive Processing, Inc. Receives Purchase Order From Spencer Gifts and Signs Agreement for Purchase Order Financing.LAS VEGAS--(BUSINESS WIRE)--Aug. 4, 1998--Interactive Processing, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:IAPI IAPI Institute of Advertising Practitioners in Ireland IAPI Internet Application Programming Interface IAPI Internet Api ) announced today it has received a Purchase Order from Spencer Gifts and signs an agreement with First Vancouver Finance for purchase order financing. Interactive Processing also announces a feature write up in Maxim Magazine for the September 1998 issue. IAPI has received a purchase order for a container of TV Terminator (1) A character that ends a string of alphanumeric characters. (2) A hardware component that is connected to the last peripheral device in a series or the last node in a network. remote controls from Spencer Gifts a national retail chain owned by Universal Studios with over 500 stores in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. IAPI signs an agreement with First Vancouver Finance a finance Company with over 20 years experience in the factoring business. Maxim Magazine of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of has included a 1/3 page photo layout, which features in the Circus Maximus The Circus Maximus (Latin for greatest circus, in Italian Circo Massimo) is an ancient hippodrome and mass entertainment venue located in Rome. section of their magazine. The feature includes the Football Sport Remote, TV Terminator, and Hockey Puck Remote. The September issue should be on the shelves in mid August. Sheldon Silverman, 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. , says, "We have received our first purchase order from a large recognized retail chain and this is a major step towards IAPI's goal to sell products worldwide. The signing with First Vancouver Finance will secure further sales and give the company leverage for further product development. The feature in Maxim Magazine is great for the Company's exposure of the product line. Maxim Magazine demographics being mainly male readers between 20 - 40 years old, will generate direct sales and will bring new investors to IAPI." IAPI manufactures and sells interactive universal remote controls directed towards sports enthusiasts. IAPI's universal remote controls are also being aimed at the premium market for additional advertising for large Corporations. IAPI has met with and shown the Football Sport Remote to several large Corporations for premium purchase orders. IAPI has already received purchase orders from Anhueser Busch, "Budweiser."
CONTACT: Interactive Processing, Inc.
Sheldon Silverman, 800/522-6888 or 604/606-8080
Web site: http://www.remotecontrols.com (IAPI)
E mail: termin8r@uniserve.com
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