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Worldbid Corporation Signs Joint Venture With Infocom Network Ltd
FOR IMMEDIATE RELEASE
Victoria, British Columbia, July 17, 2003 - Worldbid Corporation (NASD OTCBB: WBID).
Worldbid Corporation (OTC BB: WBID) announced today that it has entered into a partnership with Infocom Network Limited to provide the platform for a new international buy/sell trade lead service to be offered through its website: www.trade-india.com.
The Trade-India Buy/Sell Exchange is located at: trade-india.worldbid.com. This site provides users with access to over 500 new tender opportunities and import/export leads each day and currently has over 260,000 registered members. This new trade site will include an amalgamation of Worldbid’s and Trade-India’s trade leads and will be marketed to Trade-India’s site visitors and all of its current members.
Dave Kennett, VP Business Development for Worldbid, stated, "We are excited about combining our resources to enhance Worldbid’s offering to its members. The Trade-India.com website contains very impressive content and a significant membership base. Our new partnership will provide Worldbid with an even stronger foot-hold in India and the Far East."
About Worldbid Corporation
Worldbid Corporation is an electronic commerce company that owns and operates an on-line business-to-business world trade Internet web site. The principal web site is located on the Internet at www.worldbid.com. The Company's web site enables them to facilitate business transactions on the Internet by providing an organized and systematic tool for businesses to post notices of goods offered for sale and notices for the request for tender of goods. Launched in early 1999, Worldbid Corporation (OTC BB: WBID) is a premier global network of more than 100 regional and vertical B2B marketplaces providing international exposure and trade lead information to small and medium sized businesses involved in international import and export.
About Infocom Network Limited
Infocom Network Limited, a pioneer in the field of trade promotion & information dissemination since 1990, is promoted by Mr. Bikky Khosla, an entrepreneur par excellence. Headquartered at New Delhi, Infocom has seen tremendous success in the last twelve years. Currently the company operates through its twelve branches spread across the country in Ahmedabad, Bangalore, Calcutta, Chennai, Coimbatore, Cochin, Delhi, Hyderabad, Ludhiana, Pune, Mumbai & Jaipur. Adherence to the highest professional standards, a quality that permeates every level, is clearly reflected in the company's growing clientele the world over. Since its inception, Infocom has, to its credit three-world class EXIM directories-Exporters Yellow Pages, Indian Importers Directory & International Pages. Each of these directories is specifically targeted at bridging the vital information gaps amongst the business community globally.
Each of these directories is well researched, providing authentic and accurate information documented in a user-friendly format to cater to the specific needs of the global Exim community. The primary aim of the directories is to bridge vital gaps of information between international exporters and importers. While the Indian Importers Directory and International Pages are available in a CD-Rom and on www.trade-india.com, the company website, the Exporters Yellow Pages is also available in Print.
Worldbid Corporation'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.
For additional information, please contact:
Dave Kennett, VP, Business Development
Phone: (250) 477-3655
Fax: (250) 475-2281