Warranty Superstore.com Announces Launch of New Enabling Technology
EULESS, Texas--March 7, 2001--Corniche Group, Inc. (OTCBB:CNGI) a leading provider of extended warranty products through its Warranty Superstore.com business, www.warrantysuperstore.com, announced today that it has launched its new proprietary technology, providing a complete online solution for corporations wishing to offer extended warranty products on a private label basis.
For the first time major corporations and affinity groups will be able to offer a full suite of extended warranty products covering auto, home, appliances, computers, etc., seamlessly from their own Web site, with Warranty Superstore.com providing the back end processing and fulfillment. The Company has retained an Advanced Hosting Services Provider to host this new technology externally, providing bandwidth and scalability to meet the company`s requirement for substantial growth.
"The new technology is a significant rebuild and enhancement of the Company`s proprietary software. This new technology will enable the company to aggressively market its products through a number of business to business channels," said Bob Benoit, CEO. "We have now created four distinct distribution channels for the Company`s products: direct access through www.warrantysuperstore.com, co-branded distribution with affinity partners, private label marketing on partners` Web sites utilizing our new technology and providing product manufacturers with their own built-in extended warranty programs supplied and administered by us," he continued.
Corniche Group, Inc. is a leading online provider of extended warranty products covering auto, home, appliances, home office, home electronics, computers and garden equipment. These products are promoted through online affinity programs with major consumer oriented corporations, private label and directly to the consumer via the Company`s Web site www.warrantysuperstore.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: To the extent that this news release makes statements about the future, such statements are forward looking and subject to a number of risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results and other risks, detailed from time to time in the Company`s filings with the Securities and Exchange Commission. These risks could cause the Company`s actual results from the current fiscal year and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company.
CONTACT: Corniche Group, Euless
Bob Benoit, 817/283-4250
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