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GCCI Expansion to Help Businesses Generate Additional Streams of Revenue

Business Wire - Monday September 29, 2003

ST. CLOUD, Minn.--(BUSINESS WIRE)--Sept. 29, 2003--Minnesota-based Global Commerce & Communication, Inc. (GCCI) announced today the worldwide expansion plans to help businesses maximize their return on research and development investment. Leveraging the global reach of GCCI's expanding intellectual property network, NewIdeaTrade.com (http://www.newideatrade.com), a division of GCCI, will allow companies and individuals from around the world the ability to buy and sell ideas, inventions and patents as well as trademarks, copyrights and other intellectual property to the global market.

Smaller companies that are not able to devote substantial amounts of resources to research and development will now be able to locate and license inventions listed on NewIdeaTrade.com. Even larger businesses will save the time and expense of developing new products and technologies on their own, by buying or licensing inventions listed on this trading community.

"Small businesses and inventors often find it difficult to reach the global market because the traditional transfer of intellectual property is complicated, costly, fragmented, and slow," said GCCI spokesperson Neil Armand. "By providing a global forum for businesses, innovators and investors to find each other, NewIdeaTrade.com breaks down traditional geographic, industrial, and marketing barriers, and simplifies and speeds up the process," continued Armand.

GCCI plans to set up regional offices in all five continents and launch localized versions of its online forum in major languages of the world.

Additional information about this forum is available at http://www.newideatrade.com.

About NewIdeaTrade.com: NewIdeaTrade.com is a division of Minnesota-based Global Commerce & Communication, Inc. (http://www.gcchq.com), an IT company that provides Web development, Internet marketing, e-commerce, and customized software development services.


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