<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 4, 2000
WSi INTERACTIVE CORPORATION
(Exact name of registrant as specified in its charter)
BRITISH COLUMBIA, CANADA O-25860
---------------------------- ------------------------ ------------------
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
Suite 200 - 1200 West Pender Street, Vancouver, BC V6E 2S9
- -------------------------------------------------------------------------------
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code 604-681-8589
-----------------
N/A
---------------------------
(Former name or former address, if changed since last report)
Exhibit Index is on page 3
Page 1 of 35
<PAGE> 2
ITEM 5. OTHER EVENTS.
Pursuant to Form 8-K, General Instructions F, registrant hereby incorporates by
reference the press release attached hereto as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
Exhibit No. Description
----------- -----------
Exhibit 99.1 WSi INTERACTIVE CORPORATION. Press Release
dated January 4, 2000.
Exhibit 99.2 WSi INTERACTIVE CORPORATION. Press Release
dated January 7, 2000.
Exhibit 99.3 WSi INTERACTIVE CORPORATION. Press Release
dated January 13, 2000.
Exhibit 99.4 WSi INTERACTIVE CORPORATION. Press Release
dated January 14, 2000.
Exhibit 99.5 WSi INTERACTIVE CORPORATION. Press Release
dated January 20, 2000.
Exhibit 99.6 WSi INTERACTIVE CORPORATION. Press Release
dated January 25, 2000.
Exhibit 99.7 WSi INTERACTIVE CORPORATION. Press Release
dated February 2, 2000.
Exhibit 99.8 WSi INTERACTIVE CORPORATION. Press Release
dated February 3, 2000.
Exhibit 99.9 WSi INTERACTIVE CORPORATION. Press Release
dated February 10, 2000.
Exhibit 99.10 WSi INTERACTIVE CORPORATION. Press Release
dated February 15, 2000.
Exhibit 99.11 WSi INTERACTIVE CORPORATION. Press Release
dated February 16, 2000.
Exhibit 99.12 WSi INTERACTIVE CORPORATION. Press Release
dated February 18, 2000.
Exhibit 99.13 WSi INTERACTIVE CORPORATION. Press Release
dated March 1, 2000.
Exhibit 99.14 WSi INTERACTIVE CORPORATION. Press Release
dated March 3, 2000.
Exhibit 99.15 WSi INTERACTIVE CORPORATION. Press Release
dated March 6, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated: January 4, 2000.
WSi INTERACTIVE CORPORATION
By: /s/ JAMES L. HARRIS
__________________________________
Name: James L. Harris
Title: Secretary
Page 2 of 35
<PAGE> 3
EXHIBIT INDEX
Sequential
Number Exhibit Page Number
Exhibit 99.1 WSi INTERACTIVE CORPORATION 4
Press Release dated January 4, 2000
Exhibit 99.2 WSi INTERACTIVE CORPORATION. 6
Press Release dated January 7, 2000.
Exhibit 99.3 WSi INTERACTIVE CORPORATION. 8
Press Release dated January 13, 2000.
Exhibit 99.4 WSi INTERACTIVE CORPORATION. 10
Press Release dated January 14, 2000.
Exhibit 99.5 WSi INTERACTIVE CORPORATION. 12
Press Release dated January 20, 2000.
Exhibit 99.6 WSi INTERACTIVE CORPORATION. 14
Press Release dated January 25, 2000.
Exhibit 99.7 WSi INTERACTIVE CORPORATION. 16
Press Release dated February 2, 2000.
Exhibit 99.8 WSi INTERACTIVE CORPORATION. 18
Press Release dated February 3, 2000.
Exhibit 99.9 WSi INTERACTIVE CORPORATION. 20
Press Release dated February 10, 2000.
Exhibit 99.10 WSi INTERACTIVE CORPORATION. 22
Press Release dated February 15, 2000.
Exhibit 99.11 WSi INTERACTIVE CORPORATION. 24
Press Release dated February 16, 2000.
Exhibit 99.12 WSi INTERACTIVE CORPORATION. 26
Press Release dated February 18, 2000.
Exhibit 99.13 WSi INTERACTIVE CORPORATION. 28
Press Release dated March 1, 2000.
Exhibit 99.14 WSi INTERACTIVE CORPORATION. 30
Press Release dated March 3, 2000.
Exhibit 99.15 WSi INTERACTIVE CORPORATION. 33
Press Release dated March 6, 2000.
Page 3 of 35
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
January 4th, 2000
WSI INTERACTIVE ANNOUNCES THE LAUNCH OF TARGETPACKS.COM AND ITS PROPRIETARY
OPT-IN AND E-DIRECT MARKETING TECHNOLOGIES
WSi Interactive Corporation announces the launch of TargetPacks.com and its
proprietary opt-in and e-direct marketing technologies. Theo Sanidas, President
of WSi, comments " TargetPacks.com has taken advantage of the expertise garnered
from our ten years of traditional direct marketing and database experience. This
has been applied to the development of our unique abilities to collect and
segment millions of opt-in names, and to run highly targeted e-marketing
campaigns. We aim to be at the forefront of this Internet marketing sector and
our goal is to achieve a leadership role."
TargetPacks.com is an important strategic element of WSi Interactive as it will
allow the company to maximize the value of the proprietary opt-in lists being
created from other WSi businesses. TargetPacks.com also provides professional,
opt-in list development and management services and related revenue
opportunities to other .com companies.
TargetPacks.com has sophisticated programs that allow clients to definitively
target prospects, personalize and deliver the message, track and analyze the
results, and generate timely and pertinent responses. With access to literally
millions of opt-in email addresses, TargetPacks.com provides effective business
to business and business to consumer targeted campaigns that are information
rich and full of value for its online clients.
Executed correctly, e-marketing campaigns are extremely effective in providing
exceptional response rates unrivaled by traditional marketing methods. As more
and more people come into the world of the internet and discover the ease and
convenience of communicating on line, the businesses that are effectively
utilizing this method of message delivery will have a clear advantage.
Comparables of TargetPacks.com include Yes Mail (YESM), which on December 15th,
1999 entered into a definitive merger agreement with CMGI. Other comparables
include Digital Impact (DIGI), Netcreations (NTCR), Lifeminders (LFMN), and
Exactis.com (XACT).
WSi is also pleased to advise that it has filed with the SEC its Form 20F (equal
to a Form 10K) for its latest fiscal period ended June 30, 1999. So far as WSi
is aware, it is fully up to date with all of its filings with the SEC. WSi will
have its Form 20F and other filings available on EDGAR in the United States in
the near future.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing and e-commerce, entertainment and e-advertising
sectors.
<PAGE> 2
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
January 7th, 2000
WSI INTERACTIVE SIGNS SOFTWARE AGREEMENT THAT GIVES UNIQUE MULTIMEDIA E-MAIL
CAPABILITIES TO TARGETPACKS.COM.
WSI INTERACTIVE CORP. is pleased to announce the signing of a licensing
agreement with Photochannel Networks Inc. for their award winning software
"Slides & Sound Plus", which was developed at a cost of over $6,000,000 cdn. The
agreement between the two companies allows WSi to modify the source code of the
software to significantly enhance multimedia e-mail capabilities. The enhanced
software will become the joint property of WSi and Photochannel.
The software will allow WSi's division, TargetPacks.com, to provide multimedia
e-mail advertising services. This multimedia capability means that the on-line
recipient of the message doesn't have to "download" any plug-ins in order to
view the visual and sound elements of the message. This ability greatly enhances
readability and response to on-line campaigns and gives TargetPacks.com a
significant competitive advantage.
TargetPacks.com conducts business-to-business and business to consumer, opt-in
e-mail marketing programs and other on-line campaigns for a wide variety of
client groups. With access to literally millions of opt-in e-mail lists,
Targetpacks.com is able to identify and segment finely targeted consumer and
business audiences in order to maximize the return on investment for its
clients' marketing investment.
Targetpacks.com. takes full advantage of WSi's decade of direct marketing
experience and sophisticated data base technologies in order to carefully manage
and build revenue from opt-in lists of other WSi proprietary sites, as well as
those of other dot com companies.
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on marketing opportunities on
the Internet. WSI builds, manages and markets on-line businesses in the
financial, e-tailing, e-commerce, entertainment and e-advertising sectors.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
<PAGE> 2
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
January 13th, 2000
WSI INTERACTIVE LAUNCHES OPT-IN E-MAIL AFFILIATE PROGRAM FOR TARGETPACKS.COM
DIVISION.
WSI INTERACTIVE CORP. is pleased to announce the launch of TargetPacks.com's
opt-in, e-mail affiliate program. Internet companies with their own opt-in list
or subscriber base can now have them professionally managed to generate
significant and sustainable revenue through TargetPacks.com.
TargetPacks.com offers complete solutions for companies wanting to conduct
on-line marketing campaigns for business to business or business to consumer.
TargetPacks.com's calls upon WSi's ten years of direct marketing experience to
create compelling, results driven campaigns that are delivered to highly
targeted audience via opt-in e-mail.
TargetPacks.com has sophisticated programs that allow clients to definitively
target prospects, personalize and deliver the message, track and analyze the
results, and generate timely and pertinent responses. With access to literally
millions of opt-in email addresses, TargetPacks.com provides effective, targeted
campaigns that are information rich and full of value for its online clients.
As the result of WSi's recent software agreement with Photochannel Networks,
TargetPacks.com can provide multimedia e-mail advertising services. This ability
greatly enhances readability and response to on-line campaigns and gives
TargetPacks.com a significant competitive advantage.
Executed correctly, e-marketing campaigns are extremely effective in providing
exceptional response rates unrivaled by traditional marketing methods. As more
and more people come into the world of the internet and discover the ease and
convenience of communicating on line, the businesses that are effectively
utilizing this method of message delivery will have a clear advantage. The
number of solicited commercial e-mail delivered in the United States is expected
to grow to more than 250 Billion by the year 2002, according to Forrester
Research.
TargetPacks.com is in a similar business to Yes Mail (NASDAQ:YESM), Digital
Impact (NASDAQ:DIGI), Netcreations (NASDAQ:NTCR), Lifeminders (NASDAQ:LFMN), and
Exactis.com (NASDAQ:XACT).
TargetPacks.com conducts business-to-business and business to consumer, opt-in
e-mail marketing programs and other on-line campaigns for a wide variety of
client groups. With access to literally millions of opt-in e-mail lists,
TargetPacks.com is able to identify and segment finely targeted consumer and
business audiences in order to maximize the return on investment for its
clients' marketing investment.
TargetPacks.com. takes full advantage of WSi's decade of direct marketing
experience and sophisticated data base technologies in order to carefully manage
and build revenue from opt-in lists of other WSi proprietary sites, as well as
those of other dot com companies.
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on marketing opportunities on
the Internet. WSI builds, manages and markets on-line businesses in the
financial, e-tailing, e-commerce, entertainment and e-advertising sectors.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to: [email protected] / fax: 604 687 4990.
<PAGE> 2
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
January 14th, 2000
WSI INTERACTIVE APPOINTS CHIEF FINANCIAL OFFICER.
Wsi Interactive today named John York as Chief Financial Officer. John is a
Chartered Accountant who for a number of years worked with multi faceted public
companies in senior financial positions. Prior to his involvement with public
companies John held a management position with Price Waterhouse Coopers.
John brings to WSi significant experience of financial management and the
administration of public corporations with domestic and international interests.
At WSi John will be responsible for overseeing all financial aspects of WSi and
the controlled growth of it's Internet businesses.
John's real value for WSi lies in his ability to assess the many Internet
business opportunities that are presented to WSi. In keeping with WSi's mandate
of launching new Internet businesses, John will conduct due diligence studies
both from an ROI perspective and strategic compatibility with the overall
direction of the company.
John's appointment is a natural complement to WSi's strong marketing and
technology management team, providing a good balance between entrepreneurial
drive and the sound management of R&D budgets and a rapidly growing asset base.
WSi President, Theo Sanidas says "John's appointment demonstrates WSi's
commitment to strong management and well orchestrated business growth that
maximizes investment and shareholder returns".
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing and e-commerce, entertainment and e-advertising
sectors.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
<PAGE> 2
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
January 20th, 2000
WSI INTERACTIVE ADDS TO ITS GROWING FINANCIAL VERTICAL
As part of its strategy to develop a network of complementary financial sites,
WSI INTERACTIVE CORP. is pleased to announce the launch of INVESTMENTWORLD
NEWS.COM. The site is targeted towards small cap companies and related
investors, providing significant content and insight into featured companies.
WSi is building traffic to the site through the publication of a quarterly, four
color, magazine that is distributed through business publications in the US and
Canada. The first will be published in the current quarter.
The magazine and site combination will create significant traffic and revenue as
well as offer well-targeted awareness opportunities for featured companies.
Kevin Barker, author of WSi's STOCKSECRETS.COM daily newsletter content, will be
the editor of the INVESTMENTWORLDNEWS.COM. Magazine and WSi plans follow
INVESTMENTWORLDNEWS with a similar site and magazine combination that will build
on the strength of Barker's daily IT INVESTOR which is currently distributed to
some 50,000 subscribers. It too will be published quarterly and targeted
specifically towards high tech and Internet based sectors.
WSi President, Theo Sanidas, says that "INVESTMENTWORLDNEWS.COM is a further
demonstration of WSi's commitment to its strategy of developing complementary
Internet based businesses that provide useful and timely information to an
affluent niche market". "And we are taking advantage of our direct marketing
roots to identify and rapidly develop profitable revenue streams from these
businesses".
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on marketing opportunities on
the Internet. WSI builds, manages and markets on-line businesses in the
financial, e-tailing, e-commerce, entertainment and e-advertising sectors.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
<PAGE> 2
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
January 25th, 2000
RESPONDS TO CANADIAN VENTURE EXCHANGE
WSi Interactive Corp., at the request of the Canadian Venture Exchange (CDNX),
wishes to announce that there have been no material changes or events affecting
the Company that would explain the recent activity in the market for its common
shares.
The Company is currently in negotiations on a number of transactions, and will
announce details of such if and when any such negotiations are successfully
concluded.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing and e-commerce, entertainment and e-advertising
sectors.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
Website: www.ws-i.com
ON BEHALF OF THE COMPANY
<PAGE> 2
"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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
February 2nd 2000
WSI INTERACTIVE EXCEEDS SECOND QUARTER REVENUE TARGET BY 89% AND HAS REALIZED A
YTD PROFIT OF $796,000.
WSi Interactive Corporation is pleased to announce that it has exceeded its
second quarter revenue target for the three months ended Dec. 31, 1999.
REVENUE OF $2,086,111 BEAT THE COMPANY'S PLANNED TARGET OF $1.1 MILLION FOR THE
QUARTER AND HAS REALIZED A YEAR TO DATE PROFIT OF $796,000.
YEAR TO DATE REVENUE OF $2.9 MILLION COMPARES VERY FAVORABLY TO THE YTD PLAN OF
$2.15 MILLION.
During the second quarter, WSi continued to focus its investment on the
development of proprietary Internet businesses. Several key staff positions were
filled in the technology area and significant investment has been made in
software and hardware. Assets grew from $2.3 million to a value of $3.9 million.
Enhancements were made to several of WSi's proprietary Internet businesses and
significant improvements were made to content.
A priority during the period was the development of Targetpacks.com. WSi
considers Targetpacks to be of significant strategic importance to its overall
plan as it serves to manage and market all of the opt-in e-mail databases of
WSi's proprietary businesses and realize this important revenue source.
Targetpacks also manages the databases of other dot-com companies.
Increasing revenue from Stocksecrets.com, Yourwinestore.com, Healthcreator,com,
Targetpacks.com and steady revenue from WSi's direct marketing and web services
divisions, means that WSi is trending well toward its current fiscal year goal
of $6 million in revenue
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing and e-commerce, entertainment and e-advertising
sectors.
<PAGE> 2
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
February 3rd, 2000
WSI INTERACTIVE ANNOUNCES THE LAUNCH OF INVESTMENTWORLDNEWS.COM
As part of its strategy to develop a network of complementary financial sites,
WSI INTERACTIVE CORP. is pleased to announce the launch of
INVESTMENTWORLDNEWS.COM. The site is targeted towards small cap companies and
related investors, providing significant content and insight into featured
companies. WSi is building traffic to the site through the publication of a
quarterly, four color, magazine that is distributed through business
publications in the US and Canada. The first will be published in the current
quarter.
The magazine and site combination will create significant traffic and revenue as
well as offer well-targeted awareness opportunities for featured companies.
Kevin Barker, author of WSi's STOCKSECRETS.COM daily newsletter content, will be
the editor of the INVESTMENTWORLDNEWS.COM magazine and WSi plans follow
INVESTMENTWORLDNEWS with a similar site and magazine combination that will build
on the strength of Barker's daily IT INVESTOR which is currently distributed to
some 50,000 subscribers. It too will be published quarterly and targeted
specifically towards high tech and Internet based sectors.
WSi President, Theo Sanidas, says that "INVESTMENTWORLDNEWS.COM is a further
demonstration of WSi's commitment to its strategy of developing complementary
Internet based businesses that provide useful and timely information to an
affluent niche market". "And we are taking advantage of our direct marketing
roots to identify and rapidly develop profitable revenue streams from these
businesses".
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on marketing opportunities on
the Internet. WSI builds, manages and markets on-line businesses in the
financial, e-tailing, e-commerce, entertainment and e-advertising sectors.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
<PAGE> 2
WSi INTERACTIVE CORPORATION
Toll free: 1-888-388-4636
Telephone: 1-604-681-8589
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ OTC-WIZZF
NEWS RELEASE
February 10, 2000
WSI INTERACTIVE'S DIRECT MARKETING DIVISION WINS $2 MILLION MARKETING CONTRACT
WSI INTERACTIVE CORPORATION is pleased to announce that it has won a $2 million
marketing contract with Gameswest, a not-for-profit gaming management group.
The contract will generate $2 million in revenue for WSi during the current
fiscal year and involves web development work, direct marketing and multi media
advertising for the project.
WSi President Theo Sanidas says that " the decision of Gameswest to work with
WSi is a strong endorsement of WSi's solid marketing and technology
infrastructure and the ability of WSi to generate revenue both from its Internet
businesses as well as from traditional services. It is this same infrastructure
and ten years of direct marketing experience that enables WSi to build
successful Internet based businesses."
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing and e-commerce, entertainment and e-advertising
sectors.
WSi sites include Stocksecrets.com, Yourwinestore.com, Healthcreator.com,
Investmentworldnews.com and several others.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to
[email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
<PAGE> 2
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
Toll free: 1-888-388-4636
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX - WIZ OTC - WIZZF
NEWS RELEASE
FOR IMMEDIATE RELEASE
February 15, 2000
WSI INTERACTIVE APPOINTS HOSPITALITY GURU TO HEAD ITS INTERNET INDUSTRY VERTICAL
WSi Interactive today named Tim Ellison, CCC, DMATP as Director of WSi's new
hospitality vertical. The hospitality vertical encompasses three individual
proprietary sites that bring together the wine, food and restaurant industries.
The vertical serves a $900 billion industry in North America, one that employs
over 20 million people. In addition to providing significant content and
resource material, the vertical will incorporate employment and procurement
services for the industry.
Tim brings to WSi a wealth of information and a high profile within the
hospitality industry which has been achieved through over 25 years experience in
the hospitality industry both in the US and Canada.
A Certified Chef-de Cuisine from the Canadian Culinary Institute and a National
Board Member for the Association of Tourism Professionals, Tim's expertise in
the industry is both well known and highly regarded. He is a recent board member
of the Industry Training and Apprenticeship Commission's Food and Beverage
Server Advisory Board as well as being a chairperson of the technical committee
for the Restaurant Service Competition for Skills Canada.
Prior to joining WSi Tim consulted with the Pacific Rim Institute of Tourism,
and is currently President of the Food and Beverage Association of B.C.
In keeping with WSi's mandate of launching new Internet businesses, Tim will be
responsible for the new hospitality vertical, encompassing all the content and
site management duties of the three proprietary sites, as well as overseeing all
aspects of the marketing and revenue-generation.
His expertise in the hospitality industry will prove Tim to be an invaluable
asset to the WSi management team, and strikes a perfect complement to the sound
marketing and technology infrastructure of the company.
The Business of WSi
WSi Interactive Corporation is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSi builds, manages and markets online businesses
in the financial, e-tailing and e-commerce, entertainment and e-advertising
sectors.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax no. to [email protected] / fax: 604 687 4990.
<PAGE> 2
To receive information on YourWineStore.com by e-mail or fax, please forward
your Internet address/fax # to [email protected] / fax: 604-915-9078.
To fax your request please complete the following:
NAME: ___________________________________________________
COMPANY: ___________________________________________________
e-mail address: ___________________________________________________
PHONE: ___________________________________________________
FAX: ___________________________________________________
Send by: E-mail or fax:yes / no Or E-mail only: yes / no
WSi Interactive Corporation
Toll Free: 1-888-388-4636
Telephone: 1-604-681-7225
Fax: 1-604-915-9078
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 of the contents of this release.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX- WIZ
OTC-WIZZF
NEWS RELEASE
February 16, 2000
WSI INTERACTIVE'S PRESIDENT THEO SANIDAS TO BE INTERVIEWED BY VIAVID
BROADCASTING CORPORATION
WSI INTERACTIVE CORPORATION today announced that President and CEO, Mr. Theo
Sanidas, has been featured on ViaVid Broadcasting Corporation (OTC Bulletin
Board:VVDB)-- a global Internet video broadcasting that offers a network of
video services utilizing streaming video technology. Conducting the interview
for ViaVid was news anchors Ms. Samantha Sewall and Bill Ridley. This interview
can be viewed at www.viavid.com or www.itinvestor.com on Thursday, February 17th
at 10:00 am PST. The interview will be available in the ViaVid archives
following the initial broadcast at http://www.viavid.com/archive.asp. During the
course of the interview, Mr. Sanidas provides an overview of WSi Interactive and
its various divisions. He also comments on the Company's second-quarter
financial results, as well as WSi's future prospects, and its strategy for
expansion. ViaVid broadcasts audio and video signals with Microsofts Media
player (Nasdaq:MSFT). In order to watch this streaming video footage, viewers
will require the Flash Plugin or Windows Media Player. This software is
available free from the ViaVid website. After down loading the media player you
must restart your computer.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing and e-commerce, entertainment and e-advertising
sectors.
WSi properties include: Medianetsolutions.com, Targetpacks.com,
Westernshores.com, Stocksecrets.com, Yourwinestore.com, Healthcreator.com,
Investmentworldnews.com and several others.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax (toll free): 1-877-499-5806.
To fax your request please complete the following
NAME: ______________________________________________
<PAGE> 2
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
Telephone (toll free): 1-888-388-4636
Fax (toll free): 1-877-499-5806
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX - WIZ
OTC - WIZZF
NEWS RELEASE
February 18, 2000
INTERNET INCUBATOR WSI EXPANDS CURRENT FACILITIES AND PLANS STATE OF THE ART
CALL CENTER.
To keeping up with its explosive growth, WSi is doubling the size of its
Internet production facilities and is building a state of the art environment
for its creative, production, and development teams.
The expansion will also include the creation WSi's "Call Center Central" a
facility to handle with speed and accuracy in bound and out bound calls.
"The call center is strategically important to WSi's expansion plan" says WSi's
VP&GM, Bryan Kanarens, "as it will eventually allow users of our Internet
businesses to connect directly from the web site to a customer service person
through voice over the net applications. WSi has made significant investment in
convergence technologies for the Internet and the call center will further allow
us to realize the potential of our investment".
The centerpiece of the expansion is an open plan space for the web development,
design, and programming teams. The physical structure of the creative and
production group will enhance communications, allow for on-the-fly creativity
and improve their ability to realize synergies between skill sets during the
process of building of the Internet businesses.
"We are creating an environment and culture that fosters creativity and business
focus in the dynamic, fast paced Internet world we work in. And with our rock
solid marketing and technology infrastructure, we intend to remain at the
forefront of our industry" Says Theo Sanidas, President of WSi Interactive.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing 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, and our
experience in helping Internet companies build traffic, develop brands, and
capitalize on a variety of revenue streams.
In this regard, WSi is modeling itself on CMGI (Nasdaq:CMGI). Like CMGI, WSi
started as a direct marketing agency in 1990 and has grown to become a
specialist in e-advertising and e-commerce. WSi plans to establish itself as a
recognized leader in the Internet economy, by creating a one-stop shop for
e-commerce and e-advertising, plus financial information and entertainment.
<PAGE> 2
WSi properties include: Medianetsolutions.com, Targetpacks.com,
Westernshores.com, Stocksecrets.com, Yourwinestore.com, Healthcreator.com,
Investmentworldnews.com and several others.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no
Toll free: 1-888-388-4636
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX - WIZ OTC - WIZZF
NEWS RELEASE
March 1, 2000
WSI FINALIZES NEGOTIATIONS FOR EXCLUSIVE LICENSE
FOR FIBER BROADBAND AND WIRELESS NETWORK
WSi Interactive Corporation today is pleased to announce it has finalized
negotiations and entered into letters of intent for the exclusive rights for
Broadband Telecommunications System for Washington State, USA and the province
of British Columbia, Canada. WSi will be purchasing these exclusive rights from
Global Communications Inc.
The network provides true, 100% totally bi-directional broadband transmission
which is unparalleled by any existing network. It provides users with speed of
transmission without the fear of degradation as more users send or receive
transmissions. This consistent level of transmission speed is unequalled
compared to current technology, and is accomplished because it is a point to
point multipoint wireless dissemination. Therefore, degradation is not possible.
Global Communications transmission speed is up to 30.5Mbps directly to each and
every user of its network. This is three times faster than the yet to be
delivered high-speed cable systems. Global guarantees a minimum of a
bi-directional T-1 speed at all times to a household or business using Global's
communication system. It ensures that each user has the ability to make or
receive a minimum of 3 simultaneous video (TV quality) phone calls, and an array
of standard voice and data transmissions all at the same time. In addition, High
Definition Television, movies, and stereo/hi-fidelity radio is all-available
over Global communication system due to its guaranteed and constant line speed.
Lance Morginn, Vice President of WSi's New Media says" this network is of key
strategic importance to WSi as it moves forward with its convergence initiatives
of TV, high speed bi-directional internet access, and concentrating on gaining a
responsible market share in the broadband communications business in Canada and
the Northwest United States".
The transactions remain subject to various conditions in favour of WSi,
including due diligence reviews and the entering into of formal license
agreements. WSi will provide further details in due course.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing 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, and our
experience in helping Internet companies build traffic, develop brands, and
capitalize on a variety of revenue streams.
In this regard, WSi is modeling itself on CMGI (Nasdaq:CMGI). Like CMGI, WSi
started as a
<PAGE> 2
direct marketing agency in 1990 and has grown to become a specialist in
e-advertising and e-commerce. WSi plans to establish itself as a recognized
leader in the Internet economy, by creating a one-stop shop for e-commerce and
e-advertising, plus financial information and entertainment.
WSi properties include: Medianetsolutions.com, Targetpacks.com,
Westernshores.com, Stocksecrets.com, Yourwinestore.com, Healthcreator.com,
Investmentworldnews.com and several others.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes/no. Or: e-mail only: yes/no
Toll free: 1-888-388-4636
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX - WIZ OTC - WIZZF
NEWS RELEASE
March 3, 2000
WSI INTERACTIVE CORP. TO FORM STRATEGIC ALLIANCE WITH WATCHOUT!, INC.
TO EXPAND BROADBAND COMMUNICATIONS NETWORKS
MARCH 3, 2000- WSI INTERACTIVE CORP. (CDNX: WIZ; OTCBB: WIZZF) announced today
that it has entered into a strategic alliance with WATCHOUT! INC. (OTCBB: WTCH)
to expand their Broadband Communications Systems. Both companies have secured
exclusive rights for these systems from Global Communications Inc. The expansion
will allow the two companies to cover all of Ontario and British Columbia as
well as Washington state and the Washington D.C. Greater Metropolitan area. The
population in these areas totals approximately 22 million. The 15.5 million
people who populate the Canadian portion of the network represent 51% of the
total population of Canada. By having an exclusive right to the dark fibers in
these regions, Wsi and WatchOut! will be major players in the Broadband
Communications revolution in Canada.
Global Communications transmission speed is up to 30.5Mbps directly to
each and every user of its network. This is three times faster than the yet to
be delivered high-speed cable systems. Global guarantees a minimum of a
bi-directional T-1 speed at all times to a household or business using Global's
communication system. It ensures that each user has the ability to make or
receive a minimum of 3 simultaneous video (TV quality) phone calls, and an array
of standard voice and data transmissions all at the same time. In addition, High
Definition Television, movies, and stereo/hi-fidelity radio are all available
over the Global communications system due to its guaranteed and constant line
speed.
The Broadband Communications network is actually a very simple system.
For the United States, the switch station, or Retail Phone Store, is the point
of contact. These Stores are located in high-volume malls or their own free
standing buildings. Each home or office will have a Bi-directional antenna,
which is placed on the outside of the building, and video phone computer, which
is the actual user device. The video phone computer is exactly that, a video
monitor which is connected to a phone and computer all in one. The signal is
sent from the phone to the bi-directional antenna to the switch at the phone
store. Pulse Radio or Pulse Microwave frequencies are transferred over the
exclusive fibers. This allows Global to provide the first REAL-TIME VIDEO
CONFERENCING to its licensees and their customers.
It should be noted that the transaction is at a very preliminary stage,
as was disclosed in the news release. The Company has secured certain rights
with the letters of intent (which is why we issued the news release), but it is
a long way from completing the transactions. A due diligence investigation of
the consumer need for this equipment must be done in each jurisdiction
<PAGE> 2
and definitive licence agreements must be negotiated. The cost of implementing
the technology is significant and Management of WSi will have to consider many
factors before a definitive commitment is made to proceed with this project.
Once a decision is made to commit or not commit to the technology, the Company
will issue a news release with all the pertinent information.
WSi's transactions with Global Communications remain subject to various
conditions in favour of WSi, including due diligence reviews and the entering
into of formal license agreements. The cost of implementing the technology is
significant and Management of WSi will have to consider many factors before a
definitive commitment is made to proceed with this project. WSi will provide
further details in due course.
Other News
The Company has been named in an action pursuant to which the plaintiffs are
claiming they are entitled to receive 750,000 special warrants pursuant to the
Company's 5,250,000 special warrant private placement concluded last year. The
Company considers this claim to be completely without merit, and the Company
shall defend the action vigorously.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing 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, and our
experience in helping Internet companies build traffic, develop brands, and
capitalize on a variety of revenue streams.
In this regard, WSi is modeling itself on CMGI (Nasdaq:CMGI). Like CMGI, WSi
started as a direct marketing agency in 1990 and has grown to become a
specialist in e-advertising and e-commerce. WSi plans to establish itself as a
recognized leader in the Internet economy, by creating a one-stop shop for
e-commerce and e-advertising, plus financial information and entertainment.
WSi properties include: Medianetsolutions.com, Targetpacks.com,
Westernshores.com, Stocksecrets.com, Yourwinestore.com, Healthcreator.com,
Investmentworldnews.com and several others.
To receive information on WSi by e-mail or fax, please forward your Internet
address/fax # to [email protected]/fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
<PAGE> 3
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes/no. Or: e-mail only: yes/no
Toll free: 1-888-388-4636
Fax: 1-604-687-4990
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.
<PAGE> 1
WSi INTERACTIVE CORPORATION Symbols: CDNX - WIZ OTC - WIZZF
NEWS RELEASE
March 6, 2000
WSI INTERACTIVE CORP. TO CREATE WIRELESS, BROADBAND COMMUNICATIONS NETWORK
MARCH 6, 2000- WSI INTERACTIVE CORP. (CDNX: WIZ; OTCBB: WIZZF)
Further to previous news releases, WSi is planning to be a key player in a
wireless, broadband, communications network which when completed will cover
Canada and the United States. WSi has entered into a strategic alliance with
Watchout! Inc. to expand their planned broadband system and is seeking other
alliances in the wireless, broadband field.
WSi has secured rights for broadband systems from Global Communications Inc. WSi
has the exclusive rights to British Columbia and Washington State. The
population in these areas totals approximately 10 million.
By having exclusive rights to the "dark fiber" broadband, network in these
regions, WSi will become a major player in the Broadband Communications
revolution.
A broadband network offers many advantages for WSi over the traditional web; the
most important being that WSi will be able to do true multicasting at very high
speeds. It means that instead of sending a single stream to every viewer,
viewers are able to tap into a stream that is passing through their ISP.
Other companies providing wireless services include Metricom (Nasdaq:MCOM) and
Global Crossing (Nasdaq:GLBX).
Global Communications transmission speed is up to 30.5Mbps directly to every
user of its network. This is three times faster than the yet to be delivered
high-speed cable systems. Global guarantees a speed equivalent to a
bi-directional T-1 at all times to a household or business using Global's
communication network. It ensures that each user has the ability to make or
receive a minimum of 3 simultaneous video (TV quality) phone calls, plus an
array of standard voice and data transmissions all at the same time. In
addition, High Definition Television, movies, and stereo/hi-fidelity radio are
also available over the Global communications network due to its guaranteed line
speed.
It should be noted that the transaction is at a very preliminary stage, as was
disclosed in the previous news releases. WSi has secured certain rights, but it
is a long way from completing the transactions. A due diligence investigation of
the consumer need for this equipment must be done in each jurisdiction and
definitive licence agreements must be negotiated. The cost of implementing the
technology is significant and Management of WSi will have to consider many
factors before a definitive commitment is made to
<PAGE> 2
proceed with this project. Once a decision is made to commit or not commit to
the technology, WSi will issue a news release with all the pertinent
information.
THE BUSINESS OF WSI
WSI INTERACTIVE CORPORATION is an innovative Internet business development and
marketing firm, whose objective is to capitalize on direct marketing
opportunities on the Internet. WSI builds, manages and markets online businesses
in the financial, e-tailing 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, and our
experience in helping Internet companies build traffic, develop brands, and
capitalize on a variety of revenue streams.
In this regard, WSi is modeling itself on CMGI (Nasdaq:CMGI). Like CMGI, WSi
started as a direct marketing agency in 1990 and has grown to become a
specialist in e-advertising and e-commerce. WSi plans to establish itself as a
recognized leader in the Internet economy, by creating a one-stop shop for
e-commerce and e-advertising, plus financial information and entertainment.
WSi properties include: Medianetsolutions.com, comparable to Razorfish
(Nasdaq:RAZF), Targetpacks.com, comparable to Yesmail (Nasdaq: YESM).
Westernshores.com, Stocksecrets.com, comparable to Freereal time (Nasdaq BB,
FRTI) Yourwinestore.com, Healthcreator.com, a developing health & wellness
portal similar to WebMD (Nasdaq: HLTH), Investmentworldnews.com and several
others.
To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 604 687 4990.
To fax your request please complete the following
NAME: ______________________________________________
COMPANY: ______________________________________________
e-mail address: ______________________________________________
PHONE#: ______________________________________________
FAX#: ______________________________________________
Send by: E-mail or fax: yes/no. Or: e-mail only: yes/no
<PAGE> 3
Toll free: 1-888-388-4636
Fax: 1-604-687-4990
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.
