Securities Resolution Advisors, Inc. Announces Name Change to Sales Online Direct, Inc.WORCESTER, Mass.--(BUSINESS WIRE)--March 17, 1999--Securities Resolution Advisors, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: PAID) announced today that its name has been formally changed to Sales Online Direct Inc. The company intends to continue its listing under the symbol OTC BB: PAID. The name change should be reflected on the security by March 23, 1999. "We have changed the name to reflect the new business direction of our company which is Internet Auctions and E-Commerce" stated Mr. Gregory Rotman President of Sales Online Direct Inc. Sales Online Direct, Inc. is a fully integrated Internet business specializing in collectibles and other memorabilia. Sales Online Direct currently has four divisions which are: Auction Inc Division - A public person-to-person trading community will continue under the SRAD SRAD Suzuki Ram Air Direct SRAD System Requirements Analysis Document SRAD Sleiman Research and Development (Madison, Alabama) SRAD System Requirements and Architecture Document umbrella. AuctionInc offers sellers a vehicle for listing items for sale where buyers can browse for items which are topically arranged and bid for them through a fully automated, exciting, easy to use online service. The AuctionInc division is in competition with other Internet companies such as eBay, Inc. (Nasdaq: EBAY), uBid, Inc. (Nasdaq: UBID), Onsale,Inc. (Nasdaq: ONSL ONSL Old North St. Louis (neighborhood just north of downtown St Louis, MO) ONSL Optical Network Simulation Layer (VPI) ONSL Organization Nationale des Syndicats Libres ), Excite Auction (Nasdaq: XCIT), and Yahoo Auction (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). The web-site is located at: www.auctioninc.com Rotman Auction Division - A full-service, consignment The delivery of goods to a carrier to be shipped to a designated person for sale. A Bailment of goods for sale. A consignment is an arrangement resulting from a contract in which one person, the consignor, either ships or entrusts goods to another, the auction house, that has been in business for over 20 years. Rotman Auction provides a full range of services to sellers and buyers including live on-line bidding of premier collectibles, consignment services, authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. of merchandise, digital photography, and the purchase and sale of authentic memorabilia. Richard Rotman, the officer in charge of this division, stated, "the success of Rotman Auction has been outstanding customer service, attention to detail, and the quality of care given to each collectible." Auction is in competition with other companies such as Sotheby's Holding Inc. (NYSE NYSE See: New York Stock Exchange : BID). The web-site is located at: www.rotmanauction.com World Wide Collectors Digest Division - (WWCD WWCD What Would Cthulhu Do? WWCD What Would Chuck Do? WWCD What Would Conan Do? (TV, Conan O'Brien joke) WWCD Winner Winner Chicken Dinner ) - Established in 1994, will serve as SRAD's premier online collectibles community. WWCD's state-of-the-art software allows clients to create online storefront A store on the Internet that offers items for sale and is capable of handling the financial transaction online. See cybermall and digital money. , set prices, and sell directly to online shoppers. WWCD contains many facets; classifieds, live sports scores, live chats, a full listing of stadiums and arenas with seating charts, directions and other pertinent information. WWCD provides online shoppers with a broad selection of unique collectible merchandise through its web-site. WWCD is in competition with companies such as Shop At Home (NASDAQ: SATH SATH Society for Accessible Travel & Hospitality SATH Shop At Home (stock symbol) SATH Sage Thrasher (bird species Oreoscoptes montanus) SATH Society for the Advancement of Travel for the Handicapped - news). WWCD's web-site is located at: - www.wwcd.com Internet Collectibles Division - maintains a substantial inventory in memorabilia of popular and historical significance. "We pleased to have consolidated various aspects of the collectibles industry under one umbrella. Now on-line shoppers and businesses can access all the services and resources they need from one company on the Internet. We believe the more help we can provide to the seller with respect to marketing, sales, and control over their businesses, the more likely both the seller and buyer will be pleased," added Marc Stengel Vice President of Sales Online Direct Inc. This release contains 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. with the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can give no assurance that such expectations and assumptions will prove to have been correct. See the Company's Annual Report on form 10K-KSB for additional statements concerning important factors such as demand for products, manufacturing costs, and competition that could cause actually results to differ materially from the Company's expectations. |
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