ORLANDO, Fla., Aug. 7, 2006 (PRIMEZONE) -- Web2 Corp. (OTCBB:WBTO) today announced the grand opening of the International Chamber of E-Commerce, a resource dedicated to assisting small businesses with their profitable use of the Internet. The Chamber, at www.chamberecommerce.com, is an online extension of what physical chambers of commerce are supposed to provide to their members. It provides tools, advice, resources and services that assist small operators with embracing the Internet as a business asset.
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."
The Chamber targets a gap in E-Commerce offerings by integrating an easy-to-use website builder, shopping cart, payment processing and Internet marketing into one simple working bundle. "The array of terms that face any small operator in launching a web version of their business is a huge barrier to entry," says Mobley. "PHP, SQL, SSL, HTML, AJAX, SWF, Index, Windows, Linux, ASP, MySQL...and much more must be waded through for a do-it-yourself webmaster to create a site. Most give up in short order. We eliminate that today." Mobley proudly points to the professionally designed site templates and promotional tools that the Chamber delivers. In his view, the Chamber offers the next evolutionary step for small businesses that are relegated to eBay. "We hear from auction users who are thoroughly disillusioned with the increasing encroachment of big businesses in that space, with increasing fees, and with a perceived lack of loyalty to the small businesses that have been the foundation of auction success. These people are tired of renting and want to move to ownership of their own site." Mobley intends to be one of the best options for them to do so.
Traditional E-commerce solutions have been a la carte in nature. A firm might offer a website builder, but it is up to the business owner to find and integrate a shopping cart script and then secure a merchant account to be able to accept credit cards. All of these pieces have to be assembled into a working whole. Web2 Corp. recognized the difficulty of that effort and the frustration of users. This was the genesis of the Chamber of E-Commerce. "We looked around and saw that traditional Chambers of Commerce in general were not addressing the needs of Internet businesses. That is what prompted our adoption of the Chamber brand," says Mobley. "We are all about making it easier and less expensive for enterprising people to realize their dreams."
The Chamber offers website packages that begin as low as $0.99 per month for a basic site, $9.95 per month for professional marketing sites, and $19.95 per month for web store packages that include everything needed for conducting transactions online. Says Mobley, "We have priced our products to be competitive, particularly our web store product which is significantly less expensive than the leading competitors who offer the old incomplete a la carte models of service." Asked how he can do that and remain profitable, Mobley replied, "By making the products easier through better use of technology and by eliminating integration points of the various pieces, we are able to reach new user-markets at a much lower cost of customer acquisition and our customer service costs are lower. We expect our price-to-value relationship to drive significant volume."
About Web2 Corp.
Web2 Corporation is an Internet technology company focused on improving the ways people and businesses utilize the power of the Internet. We specialize in rapid adaptation of technologies to address new markets of users by reducing the level of technical skills required, simplifying useful products, and lowering prices. We are a development-stage company with a slate of projects that are expected to launch in the near-term.
Our 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's Chamber of E-Commerce packages provide all the necessary components for launch of a successful online business in just a few hours. The Chamber integrates a helpful, non-threatening bundle that can be easily used 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.
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.110mediagroup.com.