Exhibit 99.1
FOR IMMEDIATE RELEASE: September 18, 2000
CONTACTS: SEAN DALY, CORPORATE SECRETARY, ZEBRAMART.COM, INC.
Tel. (212) 888-1379
zebramart.com, inc. Completes Acquisition of Stake in
Cottage Ventures, LLC; Divests Online Shoe Operations
NEW YORK, Sept. 18 /PRNewswire/ -- zebramart.com, inc. (OTC Bulletin Board: ZBMT
- news), which is in the process of changing its name to Cottage Investments,
Inc. (the "Company"), today announced that it has closed on its previously
announced acquisition of a thirty percent (30%) stake in Cottage Ventures, LLC,
a Delaware limited liability company and a communications infrastructure venture
capital firm with a focus on fiber optics component and new communications
technologies.
Daniel J. Mackell, Chairman, Chief Executive Officer and President of the
Company, stated: "The Company looks forward to making investments through its
significant investment in Cottage Ventures, LLC. The investments will be in
communications infrastructure with a focus on fiber optics component and new
communications technologies. The Company invests in companies that exhibit
managerial vision and execution, innovative technology, and operate in markets
that present promising investment opportunities. Investments include capital for
expansion, assistance with recruiting, advice and guidance on partnership
opportunities and in certain circumstances, management services to portfolio
companies. The Company possesses industry knowledge in target industries and
contacts and sources of additional financing."
The Company also announced the sale of the operations of its wholly-owned
subsidiary, MyFavoriteShoe.com, the Company's online shoe operations, to
Shoedini.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Certain statements contained in this press release are or may be deemed to
be "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995, including discussion and analysis, results of
operation, and business plans or strategies that are not statements of
historical fact. Such forward-looking statements involve known and unknown
risks, uncertainties and other important factors regarding the company's
business, operations and competitive environment that may cause the actual
results of the company to be materially different from historical results or
from any future results expressed or implied by such forward-looking statements.
Forward-looking statements also include projections of financial performance,
statements regarding management's plans and objectives and statements concerning
any assumptions relating to the foregoing, or statements regarding potential
benefits related to use of the company's products. These forward-looking
statements reflect management's opinions only as of the date hereof and the
company assumes no obligation to update any such forward- looking statements.
