Exhibit 99.1
News Release
August 31, 2000 Symbols: WIZ - CDNX
WIZZF - OTC BB
WSI INTERACTIVE RETAINS INVESTOR RELATIONS FIRM CEOCAST.COM
WSi Interactive announced today the selection of CEOcast, Inc. as its new U.S.
investor relations firm.
CEOcast's investor relations services will include daily contact with retail and
institutional investors and the brokerage community, presentation to the Wall
Street Community and management of Internet communications. CEOcast will be
compensated $5,000 US per month for their services.
Mr. Sanidas stated, "We have selected CEOcast because we believe they are an
ideal partner to assist us in raising our profile within the investment
community."
Mr. Sanidas is currently featured in a recent interview at CEOcast.com. "We have
been quite impressed by WSi's incubation team," said Ken Sgro, CEOcast
President. "We believe their business model is extremely powerful and that they
are positioned for the future of the Internet."
ABOUT CEOCAST
CEOcast (WWW.CEOCAST.COM) produces original and syndicated streaming broadcast
interviews of chief executive officers at public and private news-making
companies and distributes its programming to millions of online investors at
over 700 financial web sites as well as to more than 20,000 portfolio managers,
buy-side analysts and traders at more than 3,300 North American institutions.
Content is also disseminated to over 7,000 investment research professionals
representing over 425 institutions.
THE BUSINESS OF WSI
WSi Interactive Corporation is an innovative business development and marketing
firm whose objective is to capitalize on content and infrastructure
opportunities on the Internet. WSi builds, manages and markets online businesses
in the financial, e-tail and e-commerce, entertainment, and e-advertising
sectors.
WSi focuses on early-stage companies where it can add significant value to the
investment through a network of relationships and strategic alliances, using its
experience to help Internet companies to build traffic, develop brands, and
capitalize on a variety of revenue streams.
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To receive information on WSi by e-mail or fax, please forward your Internet
address/fax # to [email protected]/fax: 1-877-499-5806.
Investor Relations Toll Free: 1-888-388-4636
Website: WWW.WS-I.COM
ON BEHALF OF THE COMPANY
"Theo Sanidas"
Theo Sanidas, President
This news release may contain forward-looking statements that involve risks and
uncertainties, including the impact of competitive products and pricing and
general economic conditions as they affect the Company's clients. Actual results
and developments may therefore differ materially from those described in this
release. No regulatory authority has reviewed nor accepted any responsibility
for the adequacy or accuracy of the contents of this release.
