iParty Corp. Files Amendment No. 3 to its Registration Form 10-SB

Business Wire, Dec 13, 1999

NEW YORK--(BUSINESS WIRE)--Dec. 10, 1999--

iParty Corp. (OTCBB:IPTYE), a premier destination for party goods, party planning and Millennium parties through its iParty.com division, announced today that it has filed Amendment No. 3 to its Registration Statement on Form 10-SB with the U.S. Securities and Exchange Commission ("SEC"). The Company believes that the Form 10-SB will clear SEC comments on or before January 12, 2000 and the Company further believes it will be in compliance with the eligibility rule requirements for continued quotations on the OTC Bulletin Board by such date. Additionally, the Company's ticker symbol has been temporarily changed to IPTYE.

iParty Corp., through its iParty.com division, is a premier online destination for party givers that makes throwing a successful event both stress free and fun. From party goods and costumes to an online party magazine and party safety tips, iParty.com offers consumers a sophisticated yet fun and easy-to- navigate resource with the definitive assortment of products to customize any party. With a seasoned management team that boasts combined experience of over 20 years in the retail party industry, iParty.com offers reliable, time-tested knowledge of trends to insure that "must have" items are available.

Certain information included in this news release (as well as information included in oral statements or other written statements made or to be made by iParty.com) contains statements that are forward-looking, such as statements relating to anticipated future revenues of the company and the success of current product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of iParty Corp.