VANCOUVER, British Columbia, Aug. 29, 2005 (PRIMEZONE) -- Maisonette International Enterprises Ltd. ("The Company") (Pink Sheets:MAEN) http://www.maisonetteworld.com, is pleased to announce that its subsidiary's online retail site www.totalhomestore.com has successfully launched its Canadian online retail site www.totalhomestore.ca.
Total Home solutions, Inc., the U.S. subsidiary of the company has successfully launched operations in Canada in cooperation with Canada Post BorderFree. Canadian online shoppers can now enjoy the purchase of the more than 1,000 different European house-wares on www.totalhomestore.ca without the burden of customs processing fees imposed by US online retail sites selling their goods in the USA.
Borderfree service allows Canadians to shop at US sites, whether or not those sites ship to Canada. The service allows speed, convenience, and security in cross-border shopping and shipping. Borderfree handles orders from Canadian addresses, converts U.S. prices into Canadian currency, communicates with customs, processes shipping and logistics, and more. Canadian customers enjoy a smooth shopping experience, with all costs included and clearly expressed: customs, duties, exchange rate, shipping, and taxes. Also, the estimated delivery time of the item appears.
www.totalhomestore.com or www.totalhomestore.ca is one of only 15 US online retail sites in the Home and Garden category of Borderfree. The link below provides a look at the participating companies:
http://borderfree.com/consumers/shop/browse.jsp?cat=11 and Total Home Store's Special Offer for Canadian shoppers: http://borderfree.com/consumers/offercentre/index.jsp
Alain Ghiai, Chairman of the company added: "BorderFree has been a joy to work with. They truly understand the complexities of cross border business and shipping. The company is looking forward to offer its European house-wares at affordable prices to our Canadian customers as Canada's online commerce is growing at a very rapid pace. By being one of the first Home and Garden and House-Wares online retailer in Canada, we hope to generate rapid recognition as our operations are also located in Vancouver Canada. The synergies of this expansion will be felt very soon as this eliminated the need for extra warehousing across the border, therefore allowing us to pass on those savings to our consumers."
As previously stated in earlier news releases, the Company has been on track with fulfilling its plan to expand in Canada and Europe. The Company's subsidiary in the United Kingdom, Maisonette Online plc. is on track to start operations sometime in October of this year. The Company expects a profit for its fiscal year 2006 and beyond from its operations and its unrealized gains on its various holdings.
About Maisonette International Enterprises Ltd.
Maisonette International Enterprises Ltd. is a publicly held holding company incorporated in Nevada, USA. Its assets include several subsidiaries operating in the USA, Canada and the United Kingdom with interests in e-Business, online retailing and lifestyle content, and building materials for the general public and professionals.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information.