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Stock Alert!!! ADV
(OTC BB: HITD) Recent Price: $0.56 with a 52 week high of $10.75
Houston InterWeb specializes in software development, intellectual property, web site development, hosting and data warehousing. Its business model is that of an e-integrator such as Sapient's (Nasdaq: SAPE - news) in that InterWeb leverages its technology and takes an interest in the Internet-related ventures it helps build.
Houston InterWeb Design, Inc.
It's Role in the E-Marketplace
Houston InterWeb Design is a fully reporting company trading on the Over the Counter Bulletin Board under the ticker symbol (OTCBB: HITD - news). Houston InterWeb focuses primarily on assisting start-up Internet companies that need management knowledge and technological expertise. The Company's holdings include 100% ownership of Political Team, 20% interest in OTC News Network Inc., 20% interest in AMP3.com, 100% interest in Cyberpitch.com, Inc., 33% interest in Beijing Artists Online L.L.C., and 30% interest in Brazil InterWeb Design. The Company also has several licensing agreements with companies in Brazil, Mexico, Panama, Columbia and China.
In addition, the Company develops customized software programs, on various platforms, that are Internet compatible, such as accounting/finance interfaces, online databases and Oracle/Lotus Internet database interfaces. The Company assists its customers in improving their Internet presence for products or services offered. The Company uses proprietary technology for the creation of Websites, which increases the chances that the Company's customers' Websites are seen by an Internet user irrespective of the search engine used. The Company also offers instant Web presence through SiteBlazer.com, by offering its customers a tool to build customized, updateable Websites.
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This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, particularly as related to the business plans of Houston InterWeb Design, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the company's expectations and estimates.
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