International Brands, Inc. and WorldBestBuy.com Announce Motor Sport Sponsorships
13 December 1999
International Brands, Inc. and WorldBestBuy.com, Announcing Sponsorship of Indy 500 Race for 2000 Season and Additional 24 NASCAR Busch North and Grand National Races
SAN DIEGO, Dec. 13 - http://www.WorldBestBuy.com, owned and
operated by parent company, International Brands, Inc.
(OTC Bulletin Board: INBRE; INBR), announced today that the Company's trading
symbol has changed temporarily from (OTC Bulletin Board: INBR) to
(OTC Bulletin Board: INBRE).
President and CEO of International Brands Inc., Steven (Vladislav) Zubkis
stated, "When investors buy any company stock, they buy a perception, and it's
up to the company management to transform that perception into reality. We
have all the necessary components that are necessary in order to transform
investor's perception into reality. We have: willing, ready and able
management and staff to research, develop and implement our business plan, we
have total communication among people on our team, we have a reason and a
purpose and the resources to get http://www.WorldBestBuy.com into global e-commerce
business."
"The following," Zubkis continues, "is where we are -- and where we are
going. To be accepted, and to gain needed credibility, we are going to NASDAQ
Small Cap as well as filing with SEC to become a fully reporting company. We
have retained Bressler, Amery & Ross Counselor's at Law, to issue and file a
Form 10-SB with SEC; also they will be filing for INBRE to become a NASDAQ
company. We also have retained Mendoza Berger Company, L.L.P. Certified
Public Accountants to provide audited balance sheet at December 31, 1999 and
audited statements of income, cash flows and changes in stockholders' equity.
Interim financial statements, which will be unaudited, will include a balance
sheet as of the end of International Brands, Inc. most recent fiscal quarter."
"Also," Zubkis added, "I am 100% convinced that we will meet all basic
requirements for inclusion at least on Nasdaq Small Cap, and yes, I admit, we
are running behind some of the companies in filing Form 10-SB, however, we are
a million miles ahead of most of them in company's business developments. And
for me personally as a shareholder of International Brands Incorporated, the
most important thing is the fact that the company business is exploding, and
therefore the INBRE and INBRE shareholders have a great future."
http://www.WorldBestBuy.com is continuing to experience major momentum from its
COMDEX participation. Over 100,000 COMDEX participants visited the
WorldBestBuy's booth; 40,000 Expo visitors registered to receive information
about company and its products or/and programs; over 12,000 commercial web
site operators expressed interest in registering to affiliate with
http://www.WorldBestBuy.com Associates Program that's mean 12,000 permanent links to
WorldBestBuy's web site (allot more precious than paid advertising banners on
3,500 web sites). In such a competitive environment as the COMDEX Expo, among
such Internet Giants as Microsoft, etc., WorldBestBuy's response by visitors
was unprecedented.
In the wake of COMDEX, the company has established instant awareness of
the Web Site, both launching WorldBestBuy.com, as well as launching a massive
branding promotional strategy. This massive branding strategy is supported by
a comprehensive marketing campaign, ranging from celebrity strategic
partnering to an extensive banner ad campaign on 3,500 web-sites to create
Internet consumer awareness. In the three weeks since the official launch,
the site has received 807,000 hits, paving the way for strong, aggressive
entrance into global E-commerce, propelling WorldBestBuy towards the company
goal of becoming the world's number one e-tailer.
Company officials are continuing to close deals with a wide range of
vendors, including exciting, new commercial Web vendors with cutting edge
products. To illustrate the unique opportunities offered by these types of
strategic deals, WorldBestBuy.com Steven "Vladislav" Zubkis cited as an
example, a pending arrangement to offer a free Internet service, free e-mail,
various free software including free Internet voice communication service.
Also free coffee, free Pokemon cards for kids various samples of chocolates.
Debit cards to increase the number of our shoppers. "These types of programs
on the WorldBestBuy web site are value added programs which makes our
customers happy," Zubkis observed.
"The following are documented facts of our commitment to a global
expansion:
5 year partnership agreement with Philip Kirkorov who is a Mega-Star and
sold 60,000,000 records in Eastern Europe. As a proud shareholder he is
singing our praises.
1 year global advertising program on United, TWA and US Airways where our
two, three minutes commercial will be shown to passengers after the movie. On
a round trip a traveler will see both versions of our commercial.
1-year associate sponsorship of NASCAR Winston Cup for the year 2000 on
all 33 races Brett Bodine will be a driver and we have a great placement for
http://www.WorldBestBuy.com logo.
"Today we are also announcing sponsorship by http://www.WorldBestBuy.com of
20 - NASCAR BUSCH North races (covering all NE United States, NY, PA, NJ, DE)
4 - NASCAR BUSCH GRAND NATIONAL races (our choice of venue). 1 - INDY 500
race for 2000 season (guaranteed to be in the race)," Zubkis said. "This is
great exposure especially that the INDY team will bring our INDY 500 with our
logos for a displaying our booth for all 4 days of the Consumer Electronic
Show which will take place from January 6 to January 9 in Las Vegas Convention
Center. WorldBestBuy.com will be an exhibitor in that show. I hope that this
show will also produce good results like COMDEX."
INBRE is in the process of increasing the number of product available for
purchase through its http://www.WorldBestBuy.com from currently 1,000,000 to
15,000,000 products, thanks to many manufacturers, wholesalers, distributors,
suppliers and shippers who have realized that WorldBestBuy is a marketing
powerhouse.
"I have a commitment to reward both our associates, suppliers and of
course, our customers," says Zubkis, a native of the former Soviet Union who
immigrated to the United States in 1976. "When somebody support us with their
business, it creates an obligation for us to thank them by always delivering
more than we promised, more than they expected."
A strong customer-appreciation program is integral to WorldBestBuy.com's
business philosophy. By giving customers such "thank-you" gifts as free
coffee, free Internet service, and free e-mail -- in addition to quality
products, a huge selection and value pricing -- Zubkis hopes to build the same
reservoir of good will for his cyber-enterprise as village merchants enjoyed a
century ago.
This press release contains forward-looking information within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the safe harbors created by these
sections. These forward-looking statements include statements related to
potential prospects of the company. Actual results may differ materially due
to a number of risks. This press release provides general information and
should not be construed as an offer to sell securities. This report is for
informational purposes only and should not be construed as advice or as
meeting the investment needs of any particular investor or designed to be the
basis of any investment decision.