National Association of Professional Pet Sitters Joins Trilogy Network.Business Editors/Technology Writers BOCA RATON, Fla.--(BUSINESS WIRE)--Dec. 20, 1999 AmeriNet Group.com, Inc., a publicly held Delaware corporation ("AmeriNet") registered under Section 12(g) of the Exchange Act (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABUY) announced today that the National Association of Professional Pet Sitters (NAPPS NAPPS National Association of Professional Pet Sitters NAPPS National Association of Professional Process Servers NAPPS National Association for the Preservation and Perpetuation of Storytelling ) has signed on as an independent distributor of products marketed by Trilogy International, Inc., one of AmeriNet's wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . NAPPS is the largest national non-profit professional trade association for pet sitters. NAPPS was founded in 1989 and currently has 1,500 members. NAPPS will encourage its membership to join the Trilogy network of independent distributors under NAPPS organization, thereby sharing in the income generated. Because pet sitters are in an ideal position to recommend products to their clients, Trilogy's management believes that the product quality and profit potential presented will induce members of NAPPS to recommend Trilogy products, resulting in satisfied consumers and increased income for the NAPPS and its participating members. Trilogy is an e-commerce company that sells proprietary products through the Internet and through a network of independent distributors. Trilogy offers a proprietary line of wholesome, non-toxic products for the multi-billion dollar pet care industry, sold under the label "Trilogy's Best Friends," formulated by Trilogy's chief new product development officer, Dr. Jane Bicks, a pioneer of natural medicine and a nationally recognized veterinarian veterinarian /vet·er·i·nar·i·an/ (vet?er-i-nar´e-an) a person trained and authorized to practice veterinary medicine and surgery; a doctor of veterinary medicine. vet·er·i·nar·i·an n. . In addition, Trilogy offers nutritional supplements Nutritional Supplements Definition Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. for humans featuring its colostrum colostrum /co·los·trum/ (kol-os´trum) the thin, yellow, milky fluid secreted by the mammary gland a few days before or after parturition. co·los·trum n. formula with astragalus astragalus /as·trag·a·lus/ (as-trag´ah-lus) talus.astrag´alar as·trag·a·lus n. See talus. under its "Essence of Life" label. Independent distributors can sell products on their own personalized e-commerce Internet website, which is cross-linked to Trilogy's professionally developed and managed corporate site. Participants in Trilogy's programs avoid start-up costs involving inventory acquisition, order processing, shipping and customer service, all of which are provided by Trilogy. By stressing direct, inter-personal contact and competitive compensation, Trilogy's professionally developed training program encourages distributors to continuously increase their customer base and expand their sales force. In addition to the announcement concerning Trilogy, AmeriNet also announced that it has signed a consulting agreement with Network Mortgage Group, Inc., a Florida corporation engaged in the home repair and remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling industry since 1990 which recently applied to be licensed as a mortgage brokerage business ("NMG NmG No More Gas (Myers Motors electric vehicle) NMG Navy Metrication Group NMG Nuera Media Gateway NMG Network Media Gateway NMG Network Management Gateway NMG Network Measurement Group "). NMG has advised AmeriNet's management that during the year ended June 30, 1999, it had gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. of approximately $3,200,000 with approximately $200,000 in pre-tax profits. Pursuant to the terms of the consulting agreement, subject to successful registration with the Securities and Exchange Commission, NMG will issue 10% of its common stock directly to AmeriNet stockholders as of the close of business on ________ (the "Record Date") as consideration for AmeriNet's assistance in guiding NMG and its officers and directors through the process of becoming a publicly held, reporting company under the Securities Exchange Act of 1934. The number of shares that each AmeriNet stockholder would receive from NMG will be determined after the Record Date when NMG files the required registration statement. If the registration statement fails to become effective for any reason, the agreement will be rescinded. This release contains certain "forward-looking statements and information (as defined in 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) concerning AmeriNet that are based on the beliefs of AmeriNet's management, as well as assumptions made by and information currently available to AmeriNet. Such statements reflect the current views of AmeriNet with respect to future events and are subject to certain assumptions, including those described in this release. Should one or more of the underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed or expected. AmeriNet does not intend to update these forward looking statements prior to announcement of quarterly or annual results. |
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