------------------------------------------------------------- Communicate.com Announces New B2C Portal at Electronic.com Wednesday March 3, 4:30 pm ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--March 3, 2004--Communicate.com Inc. (OTCBB: CMNN - News) today announced the launch of its newest B2C portal, electronic.com. Electronic.com offers consumers in North America and the United Kingdom thousands of leading brand name technology and entertainment products at competitive prices, including consumer electronics, personal computers, entertainment software and home appliances.
The launch of electronic.com further indicates Communicate.com's strategy to establish its core domains as revenue generating eCommerce brands.
Electronic.com was developed in association with Altura International, the world's leading architect and manager of online shopping centres. Altura creates custom eCommerce shopping solutions for the largest web portals, Fortune 500 companies, and major merchants in the mail order and online catalog businesses. For more information about Altura, please visit www.altura.com.
About Communicate:
Communicate.com is a profitable growth eCommerce company whose brands include Perfume.com, Cologne.com and Importers.com. The company's 25+ intuitive internet brands attract approximately one million unique visitors and potential clients each month without the usual marketing expenditures. For more information about Communicate.com, please visit www.communicate.com.
This news release contains "forward-looking" statements, as such term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ from those expressed or implied herein.
-------------------------------------------------------------------------------- Contact: Communicate.com Inc. Adam Rabiner, 604-648-0536 or Toll Free: 1-866-898-4354 Email: investors@communicate.com Website: www.communicate.com
Analysts See Opportunity in Surge in U.S. E-Commerce Wednesday March 3, 5:34 pm ET
NEW YORK, NY--(MARKET WIRE)--Mar 3, 2004 -- AXcess News (www.axcessnews.com) has released a story covering the recent report by the Commerce Department on U.S. e-commerce, citing analysts views towards that industry as well as featuring two companies, GSI Commerce and Communicate com, Inc. (OTC BB:CMNN.OB - News). ADVERTISEMENT
In a report issued last week by the Commerce Department, U.S. retail sales over the Internet rose by 29.7 percent in the fourth quarter of 2003 to $17.23 billion, which had analysts concurring that growth would continue.
Analysts continually monitor retail sales as they make up a great portion of overall personal spending, which itself comprises about two-thirds of U.S. economic activity.
Shawn C. Milne, Senior Research Analyst at Schwab SoundView Capital Markets said in an interview two weeks before the Report was issued that in the retail sector there is an outsourcing opportunity.
"What we are seeing in middle retail market 'not Wal-Mart' are retailers that don't want to spend $50 million or more to build out full online capability and soak up years of operating losses. These companies are looking for a turnkey outsourced solution," said Milne.
Milne went on to say, "I still think there will be more of an oligopoly of very big players, but keep in mind that those companies generally enable many small companies to sell online."
In today's news story, Milne was quoted as liking NASDAQ listed GSI Commerce, which has garnered top-named retailers for its outsourcing e-retail services, yet AXcess News reports that GSI is still bleeding red ink.
In micro caps, AXcess News reported on Communicate com, Inc. (OTC BB:CMNN.OB - News). Communicate com, Inc. had been leasing its premium one-word domains and mid year began converting to its own offerings of online retail websites, such as the recently announced Perfume.com and a travel related joint venture after acquiring Greatbritian.com.
GSI lost $0.30 per share in fiscal year 2003 while Communicate earned $0.01.
Did the Report reveal other insights? Where analysts bullish on more companies? To find out, go to http://www.axcessnews.com.
About AXcess News:
Dubbed the "Yahoo! of small cap business news" by Gordon Borrell, one of America's leading media and research gurus, AXcess News is fast becoming a known commodity for both the serious investor and people in general looking for informed articles and insightful columns. http://www.axcessnews.com
Contact: Media Contact: Eric Stevenson Of AXcess News +1-775-882-1720 editor@theaxcess.net
disclosure: i have a small position (5k @ .42) but may add @ the open
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