Fort Lauderdale, Fla. - September 27, 2005 - The media division of theglobe.com (OTCBB:TGLO), which publishes Computer Games Magazine and Now Playing Magazine, today announced the launch of its new auction-based Web site GameSwapZone.com.
The site is one of the first of its kind offering gaming enthusiasts anywhere in the world an opportunity to buy and sell games for Xbox, PSP, Game Cube, N-Gage, and Game Boy among many others in an online auction format.
"GameSwapZone.com connects gamers from all over the world to buy and sell the games they love," said Jayson Dubin, vice president and publisher of Computer Games Magazine and Now Playing Magazine. "This site was designed by gamers for gamers, enabling enthusiasts to interact globally and find even the most obscure titles".
The Web site offers free listing of products for a basic submission. There are nominal fees associated with larger products and more complex postings. Currently the site hosts 4,500 listings and continues to grow at a steady pace. Mr. Dubin also stated "We at theglobe.com are very excited about this new site, and we believe that we are uniquely positioned to penetrate the auction market, via our brand. Our core readership at Computer Games Magazine and Now Playing Magazine, and their website counterparts, assures an instant flow of traffic to GameSwapZone.com, which can only mean more titles and better deals will be available for our patrons".
GameSwapZone.com provides the latest features in online auctioning as well as new technology to provide gamers all the tools they need to buy and sell their favorite games. Some of the site features include:
- Stores where users can set up there own virtual storefront with personalized logo
- Buy Now option allowing sellers to set a buying price
- Fresh page layouts with new, cutting-edge design
- Summary boxes for game reviews
- Wanted Ads allowing people to post a request looking a specific item
- Rating system enabling users to give feedback about other buyers and sellers to cut down on fraud
- Bulk uploading to provide users the ability to upload multiple items at one time
To continue to build a global gaming community online, GameSwapZone.com will be available in German, Japanese, Korean and French versions within the next six months.
For more information, please visit www.GameSwapZone.com.
Theglobe.com (OTCBB:TGLO) is a publicly traded Internet communications company with four wholly-owned subsidiaries: Voiceglo, SendTec, Strategy Plus (Computer Games Magazine and Now Playing Magazine) and Chips & Bits. Voiceglo (www.voiceglo.com) is a global, full-service Voice over Internet Protocol (VoIP) company that provides communication services to millions of customers worldwide via the Internet. SendTec is a leading provider of online and off-line results-based direct marketing services. Computer Games Magazine is a consumer print publication for online games.
Now Playing Magazine is a premier publication for pop culture and entertainment. Computer Games Online (http://www.cgonline.com/), the online counterpart to Computer Games Magazine, is a source of free computer games news and information for the sophisticated gamer. Chips & Bits, Inc. (www.chipsbits.com) is a computer games distribution business.
Safe Harbor -- this press release includes forward-looking statements related to theglobe.com, inc., that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to integration of newly acquired businesses and assets, product delivery, product launch dates (particularly as they pertain to our Voiceglo services), the Internet, development and protection of technology, the management of growth, market acceptance of our Voiceglo VoIP products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation (particularly as it pertains to the Internet and the provision of telephony services using the Internet) and other risks. These forward-looking statements are made in reliance on the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com's future results and business plans, please see the Company's filings with the Securities and Exchange Commission, including in particular our Annual Report on Form 10-KSB for the year ended December 31, 2004 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2005. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations.
For more information contact:
Jayson Dubin, Game Swap Zone
Eric Glass, Edelman