PR Newswire

December 1, 1999, Wednesday

FINANCIAL NEWS

Webgalaxy, Inc. Launches ULOL.com Website;

Signs Six LOI's with Leading Unions to Market ULOL.com to Union Members

SILVER SPRING, Md.

 

WebGalaxy, Inc. (OTC Bulletin Board: WEBY) announced today the launch of its United Labor OnLine web site at http://www.ulol.com and a free trial whereby affinity group members will be able to register, access and browse the site until mid- January.

During this period, Union members will have the opportunity to make suggestions regarding format and content. The company plans on using a variety of contests and give-aways during this period to encourage individual participation and input. The company also announced that it has signed six Letters of Intent with the following leading unions: HERE, BCTGM, UFCW, LIUNA, IBT and BAC, with a combined membership of over five million, to market ULOL.com to their members.

ULOL.com offers the only fully integrated solution to the challenge of Labor's unique requirements to organize and communicate the Labor message in a quick and cost effective manner. ULOL.com intends to be the premier online community for Unions in the United States.

The site will offer subscribers Internet access with nationwide dial-in numbers, electronic mail, Union and Labor news, sports, entertainment and business news. Additionally, the site will offer e-commerce programs through Value America and other vendors, a unique 24/7 technical support system and a program to provide low cost computers to every Union member through a nationally recognized company.

Robert Harbrant, chief executive officer of WebGalaxy, Inc., stated, "WebGalaxy is the only unionized online service provider positioned to provide these services to the affinity marketplace. We strongly believe that the Internet is altering the way people communicate.

We believe ULOL.com will be successful in serving as a forum in which Union members will be able to access information specific to their needs and allow them to communicate with other members across the nation." Harbrant further stated that, "We also plan to promote our site through an advertising program in major cities across the US."

Headquartered in Silver Spring, Md., WebGalaxy provides top quality Internet products and services to the affinity marketplace. ULOL.com was founded with the vision of creating a new medium for the affinity marketplace that is as easy to use and accessible as the telephone and television.

WebGalaxy projects that its initial subscriber base will reach 200,000 users by the fourth quarter of 2000.

WebGalaxy's revenues are generated principally through membership and usage fees, as well as from electronic commerce and advertising revenue.

About the Unions

-- Hotel Employees and Restaurant Employees International Union ("HERE")

The Hotel Employees and Restaurant Employees International Union has some 300,000 members across the US and Canada. The members primarily work in the hospitality trades industry, and HERE also represents some clerical and university employees.

There are 118 Local Unions in 14 Districts, ranging in size from a few hundred members to more than 40,000 members in Las Vegas.

-- Bakery, Confectionery, Tobacco Workers and Grain Millers

International Union ("BCTGM")

The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union is comprised of some 125,000 members in North America and is headquartered in Kensington, Md.

BCTGM is the major Union in the bread, candy, cereal, grain milling, pasta, and other food sectors. It represents workers in some of the largest corporations in their respective industries.

BCTGM has approximately 300 Local Unions and one of the biggest Taft-Hartley pension funds in the country.

-- United Food and Commercial Workers International Union ("UFCW")

The United Food and Commercial Workers International Union, one of North America's largest Unions, is comprised of 1.4 million members -- people working together to improve their lives and their future.

UFCW members are employed in many different industries, but concentrated in retail food, meatpacking, poultry and other food processing industries.

Thousands of other UFCW members work in the health care and insurance industries, department stores, garment manufacturing, distillery and winery, chemical and textile trades.

-- Laborers' International Union of North America ("LIUNA")

Founded in 1903, the Laborers' International Union of North America is comprised of more than 750,000 working women and men throughout the US and Canada.

LIUNA is one of the largest Unions affiliated with the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO).

LIUNA's membership is diverse and growing, representing workers in more than 50 different industries, and is continually expanding into new areas.

LIUNA has some 650 Local Unions and maintains ten regional offices in the US and Canada. There are more than 60 district councils that conduct bargaining on behalf of their affiliated Local Unions.

-- International Brotherhood of Teamsters ("IBT")

The International Brotherhood of Teamsters represents more than 1.4 million working men and women throughout the US, Canada and Puerto Rico, in a variety of occupations, and is widely recognized as one of America's strongest Unions.

Recently elected General President James P. Hoffa is clearly committed to leading the IBT into the next millennium as the technological and communications leader of the Labor Movement.

-- International Union of Bricklayers and Allied Craftworkers ("BAC")

The International Union of Bricklayers and Allied Craftworkers represents more than 90,000 members. With the objectives of strengthening and expanding BAC's share of the construction market through a strong organizing program and solidifying BAC's position as the primary source for skilled workers, BAC represents members on all fronts-on the job and in the political and regulatory process.

 

CONTACT: Tom McNutt, Director of WebGalaxy, Inc., 301-563-6910, or General Inquiries, Norha Lee, 212-661-8030, ext. 3087, or Media Inquiries, Jason Rando, 212-661-8030, ext. 3036, both of The Financial Relations Board- BSMG Worldwide

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Copyright 1999 PR Newswire Association, Inc.


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