Pacific International Enterprises Inc.: Internet and E-Commerce Division Update.LOS ALAMITOS, Calif.--(BUSINESS WIRE)--May 21, 1999-- Pacific International Enterprises Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: PCIE See PCI Express. ) and its "The France Group" Division is a 300,000 unit capacity, state of the art, manufacturing operation, which includes the in-house brands; Wake Tech, Rift, Microski and Twenty Four Seven Snowboards. 24/7 Snowboards racing program is acclaimed worldwide, with Olympic Gold Medalist, Ross Rebagliati signed to an exclusive snowboard promotional contract through the 2002 Olympics. PCIE is currently organizing what will be an extensive e.commerce program, expected to be fully implemented during Q3 1999. Currently included are links and/or registrations to a number of Internet sites such as, eBay (Nasdaq: EBAY - news), ComFind, Excite (Nasdaq: XCIT - news), Hotbot, Infoseek (Nasdaq: SEEK - news), Lycos (Nasdaq: LCOS (Liquid Crystal on Silicon) A technology used to make microdisplays for rear-projection TVs and head-mounted displays (HMDs). Each LCoS chip hosts a grayscale LCD shutter sandwiched between a cover glass and a mirror. - news), Netscape, Pronet, WebCrawler, iMall (Nasdaq: IMAL IMAL Integrated Media Architecture Laboratory - news) and others to their existing www.247snow.com Web site that is also linked to www.francegroup.com and to www.sonymusic.ca. At the Sony Music Canada Web site, under the ARTISTS icon, you can learn all about Rebagliati. Click on the About Ross icon and you can be hyperlinked back to the 24/7 Web site. The Sony Music Canada (NYSE NYSE See: New York Stock Exchange : SonyCp - news) cooperative effort is indicative of what PCIE is now developing with other entertainment industry partners. PCIE is engaging in strategic alliances that will enable the company to add, in addition to worldwide Internet platforms, a variety of marketing sources that via media exposure will target mass Gen- X and Y consumers. Strategic alliances may include media exposure from companies like Viacom (NYSE: VIA - news) (NYSE: VIA.B - news), which also owns MTV MTV in full Music Television U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business. , Warner Bros./Time - Warner (NYSE: TWX (TeletypeWriter eXchange Service) A U.S. and Canadian dial-up communications service that became part of Telex. In 1971, the Bell System sold TWX to Western Union. TWX transmitted 5-bit Murray code or 7-bit ASCII code at up to 150 bps. See Telex. - news), Universal Studios/Seagram (NYSE: VO - news ), Disney (NYSE: DIS - news), Twentieth Century Fox/News Corp. (NYSE: NWS NWS National Weather Service NWS Naval Weapons Station NWS New World Symphony NWS Nuclear Weapon State NWS Not Work Safe NWS National Watercolor Society NWS North Warning System NWS Nose Wheel Steering NWS National Waste Strategy (UK) - news), NBC/General Electric (NYSE: GE - news), CBS Corp. (NYSE: CBS - news) and other media sources that broadcast music related artists via network television news and specials, cable, AM and FM radio, live concerts, etc. "Our in-house e.commerce team is constantly expanding PCIE's ability to market its products and services worldwide," stated Binks Graval, Chairman and chief executive officer of PCIE. "Our goal is a simple one: assist the customer by offering complete access to the factory, personnel, production capabilities, product stats and information, inventory and anything else that will make a customer's life easier here at The France Group." THE FRANCE GROUP, a Division of Pacific International Enterprises Inc., develops and manufactures sports related products for rapidly growing markets, including snowboarding, wakeboarding Wakeboarding is a surface water sport which involves riding a wakeboard over the surface of a body of water behind a boat. It was developed from a combination of water skiing, snow boarding and surfing techniques. , mini-skiing and skateboarding. The France Group brand names are a leader in their category by providing superior levels of performance and quality. For other 1999 PCIE publicity releases, reference the Internet; businesswire.com, yahoo.com (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) - news), go.com, excite.com (Nasdaq: XCIT - news), microsoft.com (Nasdaq: MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade - news), aol.com (NYSE: AOL - news), and most Sports sites. (PR No. 1) Jan. 20, 1999 -- Pacific International Enterprises Inc. acquired the assets of France Sports Mfg. and Twenty Four Seven Snowboards. (PR No. 2) Jan. 26, 1999 -- Pacific International Enterprises Inc. acquired the assets of Durham Molding Corp's (DMC) Wake Technology Wakeboards and Rift Snowboards. (PR No. 3) Jan. 27, 1999 -- Pacific International Enterprises Inc. Acquires $3.5 Million in Assets of France Sports Mfg., Twenty-Four Seven and Wake Tech. (PR No. 4) Feb. 4, 1999 -- Pacific International Enterprises Inc. signs Nagano Olympic Gold Medalist Ross Rebagliati. (PR No. 5) Feb. 16, 1999 -- Pacific International Enterprises Inc.; World Champion Snowboarder, Sondra Van Ert, having Best Season ever on 24/7 Snowboards. (PR No. 6) Feb. 23, 1999 -- Pacific International Enterprises Inc.; The France Group; OEM Order Entry Rate Running Ahead of Projections. (PR No. 7) April 12, 1999 -- Pacific International Enterprises Inc.; launches Sony designed web-site. (PR No. 8) April 13, 1999 -- (Sony correction) Pacific International Enterprises Inc.; launches web-site. (PR No. 9) April 30, 1999 -- Pacific International Enterprises Inc.; Announces new Internet and E-Commerce Division. (PR No. 10) May 7, 1999 -- Pacific International Enterprises Inc.; Letter to the Shareholders from Chairman & 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. Binks A. Graval. (PR No. 11) May 12, 1999 -- Pacific International Enterprises Inc.; Equity Raised to Mfg. OEM Orders. Statements in this release are made pursuant to the "safe harbor" provisions 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, and dependence on third party suppliers. |
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