Friday September 22, 9:47 am Eastern Time Press Release Infotopia Lays Plans for E-commerce Discount Shopping Portal Company Impressed With Internet Results Thus Far BOSTON--(BUSINESS WIRE)--Sept. 22, 2000--Infotopia Inc. (OTCBB:IFTP - news) announced today it has contracted with an experienced E-Commerce development team and has begun laying plans for a discount shopping mall on the Internet. The company will feature products in all price ranges and categories that the public might not otherwise know about.
Marek Lozowicki, VP of Technology for Infotopia stated, ''Infotopia has been very encouraged that almost 20% of Torso Tiger's sales come from the Infotopia and Torso Tiger websites. If we can feature great products from other companies without incurring the overhead of a full-blown infomercial we will be able to become a clearing-house for the industry. When a relatively unknown product is well received by the Internet public, Infotopia will retain rights to producing an infomercial on the product. Future plans include selling close-out items are not sold in retail or on TV anymore. Infotopia plans to contract with experienced firms for development of the site, thereby speeding up the process considerably. This is going to be a tough project that will evolve over time, but with the results we have seen so far it will be well worth it.''
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