Fletcher and Faraday Announces Investment Opinion

West Hempstad, New York, UNITED STATES


NEW YORK, Feb. 9, 2000 (PRIMEZONE) -- The following is being issued by Fletcher and Faraday, a member of the National Association of Securities Dealers, CRD number 29769: Fletcher and Faraday (Broker Dealer -- Member NASD).

www.WorldBestBuy.com, owned and operated by International Brands Inc., (OTCBB:INBR). We are continuing coverage with a BUY rating. WorldBestBuy.com announced a new service for its customers through WarrantyNow (http://www.warrantynow.com ). The Company says WarrantyNow, the premier online provider of product protection plans and related services for Internet e-tailers, will offer WorldBestBuy.com customers optional extended warranty plans serviced through a network of 52,000 authorized service centers in the United States, Puerto Rico, and Canada. The plans will be available for hundreds of WorldBestBuy products in dozens of categories. Initially the option will be accessed via a link from WorldBestBuy.com's checkout pages to WarrantyNow.com. WarrantyNow offers buyers a number of services to maximize a product's performance while giving users greater peace-of-mind. Included in the company's offerings are a toll-free service hotline, pre-expiration notification, and a service center locator via its Web site. With more and more people every day being introduced to the World Wide Web, we believe by executing its aggressive marketing strategy, WorldBestBuy.com is positioning itself for top line growth.

JDS Uniphase (Nasdaq:JDSU). We are initiating coverage with a BUY rating. JDS Uniphase Corporation provides advanced fiberoptic components and modules. The Company's products are sold to telecommunications and cable television system providers worldwide. The market for optical components like those made by Lucent and JDS Uniphase is forecast to swell to $21.3 billion in 2003 from $5.1 billion last year.

Veritas Software (Nasdaq:VRTS). We are continuing coverage with a BUY rating. Veritas Software Corporation designs, develops, and markets enterprise storage management and high availability products that manage both on-line and off-line data for business-critical computing systems. As E-Business continues to boom, so does the deployment of Storage Area Networks (SANs). In today's digital economy, SANs are providing the levels of performance and availability necessary to facilitate the realignment of business operations around electronic information.

Cobalt Networks (Nasdaq:COBT). We are continuing coverage with a BUY rating. Cobalt Networks, Inc., is a leading developer of server appliances that enable organizations to establish an online presence easily, cost effectively, and reliably.

Fletcher and Faraday is a Broker Dealer and member of the NASD and SIPC. Fletcher & Faraday herein prepared material upon information supplied by the company or other sources believed to be reliable. The information contained herein should not be considered to be all-inclusive. INBR have approved the statements made in this report. This discussion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed within. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell the securities. Please consult your broker before purchasing or selling any securities mentioned in this report. Fletcher & Faraday has been compensated for its investment banking services provided by the agreement with International Brands Inc. (25,000 INBR Investment Common Shares). Fletcher & Faraday, its clients, officers, directors, employees may buy, sell or have a position in the securities described in this report and may profit in the event the shares rise in value.



        

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