SANTA MONICA, CALIF., June 6, 2000 (PRIMEZONE) -- Sonicport.com, Inc. (AMEX:SPO), today announced that it has executed an 800WEB affiliate agreement with AMN Television Marketing, a licensed agency of REVShare Corporation. The company will sell 800WEBMALL.COM "AS SEEN ON TV" products, via a co-branded site, to enhance its flagship product, SeeYouOnline.com, a multi-purpose Internet hub that offers simple, convenient access to a variety of useful Web-based products and services - from grocery and prescription deliveries to Internet personals and dating resources.
The agreement gives Sonicport.com access to the 800WEB platform, a proprietary service that allows Direct Response TV commercials to be embedded with interactive television capabilities. These interactive television capabilities replace the "800" number typically found on a DRTV spot with a web address, which is linked to the 800Web platform. This revenue sharing contract will allow Sonicport.com to link its customers to the platform through Sonicport.com's own private labeled version of the 800WEB platform.
David Baeza, CEO of Sonicport.com, stated, "Partnering with AMN Television Marketing is a natural progression for the continuing evolution of SeeYouOnline.com. Our new affiliate relationship with AMN should provide us with an ongoing stream of revenues and additional customers, as well as new products for our browsers. This will become much more than a standard affiliate relationship, because of our seamless integration into the 800WebMALL.com platform. When a visitor clicks onto the link, it appears as though they are simply entering another area hosted by SeeYouOnline. This key co-branding strategy will allow the browser to purchase any products from 800WebMALL.com without leaving the structure of the SeeYouOnline.com portal.
"We are pleased to add AMN Television Marketing to our list of co-branding affiliates. The 800WebMALL.com site has attracted highly desirable products such as the Bow Flex exercise machine, Reader's Digest subscriptions, Nautilus Sleep Systems and the "A Time for Love" music collection. During the first six months of 800WebMALL.com's existence, 250 stations joined, creating more than $2 million worth of customer acquisitions. Sonicport.com anticipates a large influx of revenue from this affiliation with 800WebMALL.com and our co-branded site," concluded Baeza.
About AMN Television Marketing, Inc.
AMN Television Marketing, AMNTV.COM, is a Direct Response Advertising Agency specializing in Per Inquiry placement through Television and the Internet. Since advertisers only pay a fee when product is sold, Per Inquiry is a risk free way to sell products. AMN's 800WEB Affiliate Program is a business to business e-commerce solution which provides a private labeled version of the 800WEBMALL.COM site to Internet companies allowing them to earn commissions, averaging 30-40% of retail, selling AS SEEN ON TV merchandise.
About Sonicport.com Inc.
Sonicport.com is an Internet marketing company that has created a comprehensive approach to acquisition and retention of customers for dot-com companies using TV commercials, video streaming email, direct mail and outbound calling. Using the nationwide launch of SeeYouOnLine as a template for its capabilities for other clients, Sonicport is currently pioneering new tools and tactics for real-time auditing of advertising campaign results.
Included in this release are ``forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors.