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Worldbid Corporation to Offer Sprint Telephony and Data Products
FOR IMMEDIATE RELEASE
Victoria, British Columbia, January 25, - Worldbid Corporation (NASD OTCBB: WBID).
VICTORIA, British Columbia--(BUSINESS WIRE)--Jan. 25, 2005--Worldbid Corporation (OTCBB:WBID - News) announced early this morning that they have signed an agreement and the Federation of International Trade Associations (www.fita.org) allowing Worldbid to offer various Sprint (NYSE:FON - News) telecommunications services to its member base of over 300,000 registered members.
Under the terms of the agreement, Worldbid members will receive discounts from regular Sprint rates on telephony and data services such as dial-up and dedicated internet connections, plus added incentives such as prepaid calling cards and FITA travel miles. These services will be provided directly by Sprint, through an existing reseller arrangement with FITA. Revenue that is generated through this partnership will be shared between Worldbid and FITA.
Paul Wagorn, Chief Operating Officer for Worldbid Corporation, commented, "Worldbid is continuing to expand product breadth in a very meaningful way by offering deeply discounted telephony and internet services to our members while providing the company with an additional source of revenue. Needless to say, we are extremely pleased with this agreement."
About Worldbid Corporation
Worldbid Corporation is an electronic commerce company that owns and operates a network of on-line B2B international trade Internet marketplaces. 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 (NASD OTCBB: WBID) is a premiere 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.
Forward Looking Statements
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: Worldbid Corporation, Victoria
Logan Anderson, 360-201-0400