LONG BEACH, Calif., March 20, 2000 (PRIMEZONE) -- Bentley Communications Corp. (OTCBB:BTLY) announced today that it has signed additional exclusive product distribution agreements for specific products with three different Chinese manufacturers. These products will be available from BuyNetOnline.com, Inc. (http://buynetonline.com), a wholly owned subsidiary of Bentley Communications Corp. specializing in Business-to-Business E-Commerce. The site is scheduled to be open for business the end of March. The products will be offered via its "Bentley Direct" section, which is comprised of select products that are unique, significantly less expensive or technologically superior to products current on the market. Bentley is presented interviewing national organizations in order to have available local facilities across the United States for warranty and other customer service.
The first product is a line of TFT Flat-Panel Monitors for television or computer use. FTF monitors do not use the same desktop space as conventional monitors. They are considerably more environmentally friendly. The same technology is used for Notebook Computer screens. Bentley's TFT monitors will be significantly less expensive than those on the market today.
The second product is a combination DVD Player/Television set. The DVD/TV will be available to US retailers 60 days from order date. The sets combine a high-quality television set with digital replay technology. The DVD/TV product that Bentley will offer has a price point that is lower than those of brand-name manufacturers and resellers who plan release later this year.
The third product is a state-of-the-art MP3 player with a competitive price point. MP3 players are experiencing an extended wave of popularity. The Bentley Direct MP3 players feature both new technology and higher capability because of its rugged design.
Bentley Communications Corp. will operate a "Virtual Warehouse" in its processing of orders for Bentley Direct products. This involves maintaining a careful balance of product scheduling, shipping, order fulfillment and inventory monitoring so that carrying costs are minimized.
"The sourcing of the first five Bentley Direct products, including these three and the two mentioned in our last Press Release is just a beginning indication of the effectiveness of our Hong Kong-based Asia team. Our primary consultant, Ms. Margaret Yee, through her considerable resources and contacts has been, and will continue to be instrumental in the continued competitiveness of our product offerings and our ongoing rapid growth. Every day, more and more people recognize that BTLY stock represents a company that is innovative, aggressive and a winner by all standards as we continue to increase shareholder wealth," said Gordon Lee, President of Bentley Communications Corp.
The company's website, buynetonline.com (http://buynetonline.com), is a "Hybrid Gateway". China and the rest of Asia will be used to develop the initial online business model. Using buynetonline.com as its flagship site, there will be a subset of company catalog, product and commodity listings by continent and country, targeting the industrial and wholesale buyer. To this end, BTLY has secured the rights to the URL web names buynetasia.com, buynetsa.com, buynetafrioa.com, buyneteurope.com, and buynetbejing.com. Once the Asia business model is fully functional, it will be applied to the continents of South America, Africa and Europe, respectively.
Revenues will soon be generated by trade and trading activities facilitated by BTLY. Through BuyNetOnline.com (http://buynetonline.com), countries and companies will be drawn to a worldwide arena to participate in a unique, virtual, 24-hour a day World Trade Center/Trade Show for easy sourcing of products and raw materials.
Bentley Communications Corp. headquarters is located at 100 Oceangate, Suite 750, Long Beach California 90802 and its phone number is (582) 435-5355. The Hong Kong Corporate Office of Bentleycomm Asia Ltd., a wholly owned subsidiary of BTLY, is located in the prestigious Central Plaza. Further information will be released later this month.