'aveterra.com' launches UFO virtual zone with leading experts
- Source: Press release from "avaterra.com",
AVATERRA.COM LAUNCHES SCI-FI VIRTUAL ZONE
First Element Launches Today in Cooperation with TriWay Promotions
SANTA CLARA, Calif., July 22, 1999 -- The success of television shows like
the X-Files points to our insatiable appetite for information about UFOs.
Capitalizing on this interest, Avaterra.com, Inc. (AVAR-OTC/BB), a provider
of avatar-based technologies and services for the next generation of
Internet communities, launched today its latest VirtualZone called VZscifi
-- an online community of UFO experts and enthusiasts at
www.avaterra.com/VZscifi. The Zone will kick off with a virtual area called
UFOchat, produced in cooperation with TriWay Promotions of Los Angeles,
which opens today at 6:00 p.m. PST.
VZscifi will feature a range of Sci-Fi, UFO and fantasy content, with
UFOchat focused on top UFO researchers, renowned authors, military
personnel and lecturers coming together to conduct online lectures,
workshops, seminars and interactive sharing of research and knowledge in
real time. All of these activities are happening within Avaterra.com's
graphically rich VirtualZones, where visitors are represented on-screen as
avatars -- or customized graphical representations of themselves -- and can
see, talk and interact with other visitors.
"This launch marks another milestone in our strategy to build commercially
sponsored, targeted Internet communities based on our VirtualZone concept,"
said David Andrews, president and CEO of Avaterra.com. "UFOs and the
paranormal are popular topics on the Internet, so we expect to generate
tremendous traffic to our new VZscifi zone."
Marcia Pellitteri, CEO of TriWay Promotions, is credited with booking the
leading UFO experts who will be conducting daily chats and events.
Participants include Jim Hickman of SkyWatch International, Derrel Sims,
CM.Ht., R.H.A., former intelligence staff for the C.I.A., popular author
Dr. Roger Leir, retired Air Force Major George Filer, John Carpenter, Joyce
Murphy and many others.
"We're providing a place where people from all over the world can access
the latest research information about UFOs," explained Pellitteri. "And by
hosting this community inside Avaterra.com's avatar-inhabited environment
on the Internet, we're able to have people interact in real time with
knowledgeable speakers and participate in interactive workshops with
leading researchers and celebrities in the UFO field."
About Avaterra.com, Inc.
Avaterra.com was formed in May 1999, when it acquired core technologies
from Fujitsu's WorldsAway Products and Services Group, in order to develop
its VirtualZone business model. The company builds VirtualZone communities
on the Internet where consumers interact, play, shop, educate and socialize
within a graphical environment where they and other visitors are
represented as avatars (customized graphical representations of
themselves). VirtualZones are built around specific topics to attracted
targeted audiences, and they are commercially sponsored by brand
advertisers. Avaterra.com's two showcase VirtualZones have been online for
more than three years and include members from around the world, meeting 24
hours a day.
Avaterra.com provides superior community-building technology with features
like customizable graphics, high subscriber involvement, a working economy
based on tokens, several patent-pending tools for social order and
management, and one of the highest "stickiness" factors on the web (with an
average session length of 3.5 hours). The company derives revenue from its
unique advertising venues, fee-based membership, custom virtual community
development and software co-licensing.
Avaterra.com is publicly traded on the OTC Bulletin Board under ticker
symbol AVAR. For more investor information, please call 1-888-845-5853 or
e-mail ir@..., or visit the company web site at
In keeping with U.S. law, Avaterra.com, Inc. notes that this press release
includes forward-looking statements. Actual results may vary significantly
due to various risks and uncertainties. Those include, but are not limited
to, the risk that new technologies are inherently subject to development,
timing and consumer acceptance risks.
All trademarks, trade names, registered trademarks, or registered trade
names are property of their respective holders.
Mark X. Addison
408-845-9050, x316 Investor Relations
Copyright 1999 Avaterra.com, Inc.