Tuesday May 8, 9:50 am Eastern Time
Press Release
Strategic Profits Inc. and The Global Development Group form Alliance to
Deliver PayPaq Suite of e-Payment and e-Philanthropy Services
VANCOUVER, British Columbia--(BUSINESS WIRE)--May 8, 2001-- Strategic
Internet Investments Incorporated, (the ``Company''), today announced that
Strategic Profits Inc. (SPI), (``traded publicly through the Company (SPI's
parent), under the symbol (OTCBB:OSWE
- news)), and the Global
Development Group (GDG) have formed a strategic alliance to deliver the
PayPaq(TM) suite of e-payment and e-philanthropy service to the Canadian and
International Development Organizations (NGO) community.
The alliance provides organizations of any size access to Paypaq(TM), a
best-of-breed payment, security, hosting, consulting, integration, education and
implementation service. It is now currently available on a regional and national
basis throughout Canada.
``This alliance demonstrates e-services in action anywhere by bringing the
Facilitated Knowledge Management model to life,'' said Gerard Van Der Burg, Vice
President for Information Technology of the Global Development Group. ``Together
we are providing the international Development Community an appropriate
technology offering that's easy to use and setup no matter where a development
project is located. Most importantly, the international development community
will have the confidence of knowing that it's all built on a secure, reliable
and always-on Internet infrastructure.''
``GDG provides Strategic Profits Inc. the expertise and synergistic knowledge
management tools that are required to further implement our global business
strategy, while we help NGO's worldwide tap into new fundraising channels
provided by the Internet opportunity.,'' says Catherine Clarke Luckhurst,
President, CEO of Strategic Profits Inc., and founder of www.helpforcharities.com.
Global Development Group
GDG's Mission and Purpose is to nurture development and commercial
initiatives that create opportunities and value for its clients and stakeholders
and enable them to reap the benefits of globalization. GDG is a not-for-profit
holding corporation, incorporated federally under part II of the Canada
Corporations Act. GDG was spawned by CARE Canada in June 1995 and is under the
governance of its own board, has a constitution and by-laws. GDG currently has
two operational divisions; i.e. i2K(1) and iHR(2).
GDG's i2K division specializes in Knowledge Management as it makes the
difference between success and failure in the information age. i2K specializes
in developing information technology tools and solutions for organizations that
need to integrate and apply Knowledge Management as a strategic tool to improve
the performance, relevance and accountability of their organization.
i2K has developed several software packages and adapted others for use at
various levels of an organization. i2K has helped integrate these packages to
improve Monitoring, Evaluation and Reporting. i2K has developed a capacity to
assist organizations set up their own customized Intranet Web Sites, customized
portals, to improve information flow and capitalize on technology to increase
the organization's capacity to create or add value. For more information visit
our web site at http://www.globaldevelopmentgroup.org
About Strategic Profits, Inc.
SPI provides full Internet service offerings including online education, web
hosting and design, Internet marketing, secure shopping cart and payment order
systems, as well as secure payment transactions through Moneris and GPS.
Strategic Profits, Inc., HP Canada Ltd. and TELUS formed an alliance, announced
publicly Feb. 1, 2001, to launch their co-branded secure Internet-based credit
card payment service...PayPaq(TM)!
For further information about Strategic Profits Inc. or Strategic Internet
Investments Incorporated. Contact:
Grant Miller Coast Market Research, Inc. (707) 575-4027 or email: grant@siiincorporated.com
Ralph Shearing Strategic Internet Investments Inc. (604) 684-8662 or email: ralph@siiincorporated.com
www.siiincorporated.com
Catherine Clarke Luckhurst Strategic Profits, Inc. (604) 684 5671 or email: cc@strategicprofitsinc.com
www.strategicprofitsinc.com
For more information about Global Development Group Contact:
Gerard Van Der Berg Managing Director Global Development Group Phone: (613)
228-5695 Fax: (613) 226-5777 Gerard@kcenter.com
Statements regarding financial matters in this press release other than
historical facts are ``forward-looking statements'' within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The company intends that such statements about
the Company's future expectations, including future revenues and earnings, and
all other forward-looking statements are subject to the safe harbors created
thereby. Since these statements (future operational results and sales) involve
risks and uncertainties and are subject to change at any time, the Company's
actual results may differ materially from expected results.
(1) i2K is an acronym for information to Knowledge; (2) iHR is an acronym for
international Human Resources;
Contact:
