Business Services Industry
GO-RACHELS.COM Announces Arrangement with MBNA America to Offer Rachel's Chips TO MBNA Indy Racing League Credit Card Holders
Business Wire, April 14, 1999
BLOOMINGTON, Minn.--(BUSINESS WIRE)--April 14, 1999--
GO-RACHELS.COM (OTC BB: RACH), manufacturer of Rachel's Gourmet Potato Chips and distributor of Y2K and Millennium Chocolate Coins, today announced an arrangement with MBNA America (NYSE: KRB) to offer Rachel's Gourmet Potato Chips to all the MBNA INDY RACING LEAGUE credit card holders.
MBNA America, with $59.6 billion in managed loans and more than $15 billion in deposits, is the largest independent credit card lender in the world. MBNA also provides consumer financing options and insurance products and offers a variety of superior deposit accounts. MBNA has more than 19,000 people working to provide top-quality Customer service in the United States, the United Kingdom, Ireland, and Canada.
James M. Garlie, Chairman, Pres, & CEO of GO-RACHELS.COM, stated, "As you need a credit card to purchase products through the net, I can't think of a better way to build our e-commerce business. While other internet companies are spending million's of dollars on advertising, MBNA is affording GO-RACHELS.COM this opportunity for the mere cost of an insert in a monthly statement. All MBNA is asking for is that their customers purchase Rachel's Gourmet Potato Chips with their MBNA credit card. This could also lead to other companies wanting to advertise on our web site and is one of several opportunities that has come from sponsoring the PEP BOYS INDY RACING LEAGUE'S 1998 Indy 500 Winner, and two time Disney 200 Winner, Eddie Cheever. Jr. The snack food industry is a 60 billion dollar industry and GO-RACHELS.COM is well positioned for accelerated growth! This truly is a Win, Win situation for everyone involved!"
GO-RACHELS.COM (OTC BB: RACH), is a full service e-commerce company that manufactures, distributes, and markets eight flavors of Rachel's Gourmet Potato Chips and name brand confectionery products that include Sour Simons, Gummy Guys, and Loonies, Toonies, Y2K and Millennium Chocolate Coins throughout North America and the WorldWideWeb: http://www.go-rachels.com
GO-RACHELS.COM'S products are marketed by some of the largest retailers and distributors in North America, including: Wal-Mart, Target, Dominick's, Costco, Loblaw, SYSCO, and U.S. Food Service. GO-RACHELS.COM'S products are also marketed over the World Wide Web using Yahoo (NASDAQ: YHOO) as it's e-commerce Web Site Host.
Stock symbols of other publicly traded companies that have been associated with either Eddie Cheever, Jr. or the PEP BOYS(NYSE: PBY) INDY RACING LEAGUE include: (NYSE: GM), (NYSE: DPH), (NSC: NSANY), (NYSE: NT) or (TSE: NTL), (NYSE: SNE), (NYSE: CLX), (NYSE: PZL), (NYSE: GT), (NASDAQ: ERICZ), (NYSE: KO), (NYSE: PPG), (NYSE: SVM), (BB: TCBG), (NYSE: PCS), (NYSE: CNC), (NASDAQ: WCOM), (NASDAQ: MOLY), (NASDAQ: ACCOOB), (NYSE: T), (NYSE: SK), (NYSE: PKN), (NYSE: KRB), (NASDAQ: LECO), and (NASDAQ: FTHR). Races are broadcast on ABC (NYSE: DIS) or FOX (NYSE: FOX).
GO-RACHELS.COM is committed to informing shareholders of its progress. An example is a new service implemented with Wall Street Interviews. By going to their World Wide Web Site: www.walstreetinterview.com you may listen to RealAudio interviews of CEO's and access information. Stock symbols of participants using this service are: (OTC BB: ABYT), (NASDAQ: AMRI), (OTC BB: AURL), (OTC BB: BIZN), (NASDAQ: CBST), (NASDAQ: CCOM), (NYSE: CRN), (OTC BB: DGIX), (OTC BB: FNTT), (NASDAQ: FTHR), (NASDAQ: GLXW), (OTC BB: GNII), (OTC BB: GNLK), (NASDAQ: HMGC), (OTC BB: LAJD), (MONTREAL: MCOB.M), (OTC BB: MOSS), (OTC BB: MRPS), (AMEX: MTI), (NASDAQ: MVAC), (NASDAQ: NABI), (VSE: NNS), (NQB: NOVX), (NASDAQ: NTPL), (OTC BB: PAMT), (NASDAQ: PATH), (OTC BB: PINC), (NASDAQ: RENX), (NASDAQ: SCLN), (NASDAQ: TNCX), (TSE: UNS), (AMEX: TPS (AMEX: RBO), (NASDAQ: SFTW), (OTC BB: SMMM), (OTC BB: SRUN), (NASDAQ:TRGA), (OTC BB: TRIP), (NASDAQ: ULTD), (AMEX: WHT), and (OTC BB: XCLU).
GO-RACHELS.COM is also committed to keeping suppliers and vendors informed of its progress. The publicly traded companies that provide products or services for GO-RACHELS.COM include: ACT Teleconferencing (NASDAQ: ACTT), Northwest Airlines (NASDAQ: NWAC), Consolidated Freightways (NASDAQ: CFWY), FORD Motor Credit (NYSE: F), GE Capitol (NYSE: GE), IBM (NYSE: IBM), Compaq (NYSE: CPQ), Hewlett Packard (NYSE: HWP), Micro Soft (NASDAQ: MSFT), Netscape (NASDAQ: NSCP), US West (NYSE: USW), Northern States Power (NYSE: NSP), City Bank (NYSE: C), Quest (NASDAQ: QWST), BP Amoco (NYSE: BPA).
Statements made in this news release that are not historical facts may be forward-looking statements. Actual results may differ materially from those projecting any forward-looking statement. Important factors that could cause actual results to differ materially from those anticipated by any forward-looking information include, but are not limited to, future economic conditions, capital availability, competitive services and pricing, new competitor entry, the delivery of products and services and other factors.
For More Information, Free Report, To Order Product and Corporate Profile: http://www.go-rachels.com James M. Garlie, Chairman, President & CEO 1-800-730-3700
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