SibMarket Announces Investment Opinion on International Brands, Inc.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by SibMarket NOVOSIBIRSK, Russia--(BUSINESS WIRE)--Jan. 27, 2000 SOURCE: Trust-Fund and Broker-Dealer &uot;SibMarket&uot; SIBMARKET Opinion on Diversification Plans Announced by International Brands, Inc. Today, International Brands, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. - INBR), the parent company of www.WorldBestBuy.com, has announced that at least six of its current units will be spun off as independent companies in the coming months. These units include Garage Sale, World Bazaar, WheelMonger auto auction, free Internet service An ISP that provides access to the Internet without charge to the user. The service is supported by advertising which appears on a special version of the user's browser and cannot be eliminated. NetZero (www.netzero. division, Web hosting service A web hosting service is a type of Internet hosting service that allows individuals and organizations to provide their own websites accessible via the World Wide Web. Web hosts are companies that provide space on a server they own for use by their clients as well as providing , promotion and advertising network, business-to-business e-commerce company and few other unrelated to Internet divisions will become independent companies. &uot;We will be spinning off our Web hosting service, our advertising network, the Garage Sale and World Bazaar component of WorldBestBuy.com, the WheelMonger auto auction, business-to-business E-commerce company, free Internet service division and a few other companies unrelated to the Internet,&uot; said IBI See Information Builders. 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. Steven (Vladislav) Zubkis. &uot;Every one of these businesses is past its development stage, a few are in the implementation stage and the others are already operational,&uot; Zubkis added. &uot;I believe this decentralization de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. of the company will further enhance the value of International Brands to its stockholders.&uot; This new development in the life of the company represents an encouraging maturation of its Internet strategy. The spin offs will achieve a specialization and sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. in targeting markets and potential customers for their particular range of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , resulting in high quality offerings by the company as a whole. At the same time, each of the independent spin off components will continue to derive benefits from the umbrella informational space maintained by the parent company and to which each component will contribute. This diversification represents an internal upgrade of the company and should positively affect the value of its stock, short and long term. This diversification of www.WorldBestBuy.com and its parent company International Brands, Inc. could not come a better time with respect to e-commerce opportunities in Russia and the Far East in general. Russian National Internet Provider Internet provider - Internet Service Provider RosTeleCom has just announced the completion of its most significant fiber-optic project to date, a cable linking Moscow with the booming Siberian cites of Novosibirsk and Khabarovsk. Being compared to the completion of the Trans-Siberian Railroad during the Industrial Revolution, this cable, 9.400 km (5900 miles) long with a 2.5 gigabits/second capacity, is the last missing link in the chain connecting Europe and Russia to the countries of Asia, including Japan. European-Asian Internet traffic, which up to this point has had to flow throw the United States, will now also flow through Russia, putting Russia on the map as a new major territory for e-commerce and all forms of business telecommunications. The completion of this crucial fiber-optic connection signals the beginning of the end of the United States' undisputed centrality in Internet technology and communications. The Internet is finally becoming truly global in fact as well as concept. Investors would do well to search out opportunities with companies such as www.WorldBestBuy.com and its parent International Brands, Inc. that are actively positioning themselves to profit from the new realities of this genuinely global Internet. The material herein is prepared by Trust-Fund &uot;SibMarket,&uot; a Russian publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , upon information supplied by the company or other sources believed to be reliable. The information contained herein should not be considered all-inclusive. International Brands, Inc. has approved the statements made in this report. This statement contains forward-looking information that involves risks and uncertainties. A company's actual results could differ from those described in any forward-looking statement 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. . This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities mentioned in this report. Trust-Fund &uot;SibMarket&uot; has been compensated for its services (5,000 INBRE INBRE IDeA Networks of Biomedical Research Excellence Investment Common Shares). SOURCE: Trust-Fund and Broker-Dealer &uot;SibMarket&uot; --Igor Rost: altairone@mail.ru |
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