110 Media Group (ONTN) Is Now Web2 Corp. (WBTO)
July 31 2006 - 7:00AM
PR Newswire (US)
New Name and Symbol Signals Web2's Mission to Be a Leader Among the
Next Generation Web 2.0 Companies ORLANDO, Fla., July 31
/PRNewswire-FirstCall/ -- 110 Media Group, Inc. (OTC:ONTN)
(BULLETIN BOARD: ONTN) announced today that it has completed its
name change to Web2 Corp. and now trades on the Nasdaq OTC:BB
Electronic Quotation Service under the stock symbol "WBTO." Under
the new identity, Web2 has re-oriented its mission and plans to
begin release of an array of new Internet products, beginning with
the launch of the Chamber of E-Commerce for the business community.
The Chamber of E-Commerce provides a resource center for small
businesses that has not previously existed. It offers a variety of
reference materials, promotional directories, a community place for
virtual business owners to gather, and a selection of services and
products to encourage and simplify e-business. "Our goal is to arm
the vast numbers of non-technical business owners with e-commerce
products that let them stay focused on their business, not on
learning arcane details of the Web," says William Mobley, Chairman
of Web2 Corp. "We are the non-techie do-it-yourself solution that
is perfect for eBay sellers who want their own website, or small
business operators who have avoided the Internet. We target
non-consumers by making the process easy, fun, fast and very
affordable." Aiming to harness the power of new technologies to
simplify productive use of the Internet, Web2 has numerous products
in the queue for launch, including a new form of search engine, an
adaptation of social network technologies for business use, and an
array of e-commerce solutions that integrate the most- used
features of established competitive products into one easy-to-use
suite under the Chamber of E-Commerce. Web2 thrives on identifying
areas of user frustration. It then sets about creating products
that simplify the process and eliminate the sources of friction. In
doing so, the company levers the latest technology and combines it
with a dose of common sense in designing an intuitive product that
integrates the 20% of features that 80% of users desire. The goal
is to leapfrog incumbent competitors and profit through the sale of
products that people want and will use daily. Product rollout is
expected to begin on August 1st with the release of the company's
e-commerce offers. Additional rollouts are expected in August and
September in time for small businesses to utilize them in the
fourth quarter. ABOUT WEB2 CORP. Web2 Corp. (OTC:WBTO) (BULLETIN
BOARD: WBTO) products and services address a significant market gap
by providing non-technical business operators of small to
medium-sized businesses with all the necessary services needed to
migrate their cottage industries to the Internet or to start a new
Internet business. Web2 Corp's Chamber of E-Commerce packages
provide all the necessary components for a successful online
business in just one hour. The Company's integrated friendly,
helpful, non-threatening bundle can be easily accessed and managed
by low-tech business operators. The company profitably provides all
elements basic to any business endeavor in a cost-effective package
offered for $19.95 per month with no start-up fees. Clients simply
need to add their information and products or services to be in
business in as little as an hour without knowing a thing about
HTML, Flash, Secure Socket Layers, FTP, or any other technical
aspect of creating and running a website. The company's numerous
products are vertically integrated and primed to become the easiest
and most innovative Internet utilities since Yahoo! or Google,
coupled with the viral rapid marketing growth of such
first-to-market leaders as MySpace, MSN Hotmail, ICQ, Blue Mountain
Arts and Napster. Certain statements in this news release may
contain forward-looking information within the meaning of Rule 175
under the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934 and are subject to the safe harbor created by
those rules. All statements, other than statements of fact included
in this release, including without limitation statements regarding
potential future plans and objectives of the Corporation, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Gross
turnover could be substantially less in the future due to changes
in the law, general economic conditions, or unexpected failure of
equipment servicing the accounts. In addition, technical
complications which may arise could prevent the prompt
implementation of the plans outlined above. Additional Safe Harbor
Act Disclaimer Notice is available on the web site at
http://www.web2corp.com/ . DATASOURCE: Web2 Corp. CONTACT: Don
Philpott or Paul Serluco, both of Mediawise Communications,
+1-407-862-5477, or fax, +1-407-862-5734, or , for Web2 Corp. Web
site: http://www.web2corp.com/
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