Worldbid's Growth Potential Recognized by Research Report Thursday December 2, 9:30 am ET
VICTORIA, BC--(MARKET WIRE)--Dec 2, 2004 -- Worldbid Corporation (OTC BB:WBID.OB - News) has received a favorable research report by SmallCapOpportunities.com, who issued a "Speculative Buy" coverage for the Company. Logan Anderson, CEO of Worldbid, said, "This report clearly demonstrates that the company has the expertise and growth potential to offer a good value to investors."
The target price of the research report was set at 35 cents.
Worldbid Corporation runs a network of international trade marketplaces which are dedicated to assisting business expand beyond their immediate geographic market. By providing clients access to new public and private sector bidding opportunities and by aligning with partners worldwide, Worldbid gives their members a powerful international reach that they might not have had access to otherwise.
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.
A fee not exceeding $10,000 was paid in connection with the preparation of the report and its posting at SmallCapOpportunities.com. The author of the report has no share or share option position in the subject company, but received consideration from SmallCapOpportunities.com's owner-operator, StoxNetwork Corporation, for his preparation of the report.
Investors should carefully read all disclosures and disclaimers before trading in the securities of any subject company.
Contact: Contact: Worldbid Corporation Logan Anderson Phone (360) 201-0400 http://www.worldbid.com
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Press Release Source: Worldbid Corporation
Worldbid Corporation to Offer Sprint Telephony and Data Products Tuesday January 25, 6:00 am ET
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 (http://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 http://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 http://www.worldbid.com
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