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PinkMonkey.com Inc., The Internet Publisher of Educational Study Aids, Acquires 750,000 Shares of Houston InterWeb Design Inc

Business Wire, Sept 9, 1998

LIBERTY, Texas--(BUSINESS WIRE)--Sept. 9, 1998--PinkMonkey.com Inc. (OTC BB:PMKY) ("PinkMonkey.com") announced yesterday that it acquired 750,000 shares of Houston InterWeb Design Inc. ("Houston InterWeb") common stock ("Common Stock"). Houston InterWeb, a Texas corporation, is engaged in designing, creating and marketing cost-effective Internet products and custom software. Houston InterWeb agreed to file a registration statement registering the shares of Common Stock with the Securities and Exchange Commission by October 15, 1998. Houston InterWeb designs and maintains the PinkMonkey.com web site.

The Board of Directors intends to distribute the Common Stock to PinkMonkey.com shareholders. No record date has been established. PinkMonkey.com will file a press release to announce the record date for determining PinkMonkey.com shareholders entitled to receive the Houston InterWeb Common Stock.

PinkMonkey.com is engaged in publishing educational study aids that are distributed over the Internet directly to the consumer. PinkMonkey.com operates a commercial website offering a complete line of literature notes, study guides, test preparation guides, course software and test preparation software. Products are available 24 hours a day at 1/3 the price of competitors.

This news release contains "forward-looking" statements within the meaning of Section 27a of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although PinkMonkey.com believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.

P.S. Can anyone not tell that this press release was written by a lawyer? "the Head Monkey"

    CONTACT: PinkMonkey.com, Liberty
              Pat Greene, 409/336-6700
              pat.green@imsday.com

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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