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Press Releases
Worldbid.com Opening Doors for Romanian Importers and Exporters VICTORIA, B.C., CANADA -- (INTERNET WIRE) -- 01/30/2001 -- NASD OTCBB, "WBID" -- FOR IMMEDIATE RELEASE Worldbid.com (NASD OTCBB: WBID) has positioned itself at the forefront of Romanian on-line business-to-business growth. In partnership with Ascendo S.A., www.worldbidromania.com will allow Romanian companies to feature their products and services to Worldbid’s 40,000 members worldwide. In addition, they will have access to Worldbid’s 350,000 trade leads. Ascendo S.A. is a Romanian business and management consulting company with projects in a vast array of industries. Having executed extensive research reports in over 150 vertical markets, they are well positioned to bring Romanian firms into the international trading community. Ascendo’s head office is located in Bucharest and they have representatives in 12 counties across the country. According to www.ebusinessforum.com, there are currently only six Romanian B2B commerce sites, none of which offer trade leads. WorldbidRomania.com will be the only multi-industry business portal in this country. About Worldbid.com Worldbid.com (NASD OTCBB: WBID) is a worldwide, multi-industry B2B marketplace that brings together buyers and sellers for interactive trade. By providing qualified trade leads in over 1,100 industry categories, Worldbid.com's multilingual network provides small and medium-sized companies the same access to global markets as that available to larger, international companies. Over 40,000 companies worldwide are registered, and that number is growing by 90 every day. The site currently provides access to over $1 trillion in buy and sell leads in 1,200 industry trade categories and sub-categories - from textiles to construction materials, from consumer goods to industrial chemicals. Approximately 1,000 unique trade leads are posted to the site each day. Worldbid.com now has 26 regional sites, 12 of which have managing partners, in its interactive trade network. This network forms a multinational, multi-industry, multilingual marketplace that facilitates business trade across borders and around the world. In order to maximize access, the interface of each site is built in the local language, including Japanese, Korean, Chinese, Thai, Spanish, French, Dutch, German, Italian, Portuguese and Turkish. Since its launch in early 1999, Worldbid.com has become one of the world's top resources for comprehensive international trade. Services include a worldwide business directory, company showrooms, on-line auctions, document posting, shipping, international payments, categorized trade news, and on-line email access. Low overhead, a strong business plan, and proprietary software (patents pending) ensure that Worldbid.com will be one of the more enduring companies in the high-tech B2B market. Worldbid.com's disclaimer: This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties (see the Company's reports filed with the SEC). The Company assumes no obligation to update the information contained in this news release. Contact: Gabrielle Eagles Director of International Partnerships Worldbid.com Tel. 1 (250) 475-2248, ext. 235
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