Fletcher and Faraday Reports on International Brands New Partnership With Mega-Star from Eastern Europe

New York (PROTEXT) - The following is being issued by Fletcherand Faraday, a member of the National Association of SecuritiesDealers, CRD number 29769: Fletcher and Faraday (Broker Dealer -Member NASD) Announces Additional Information. -- InternationalBrands (OTC Bulletin Board: INBR) www.WorldBestBuy.com is owned by parent company InternationalBrands, Inc. (OTC Bulletin Board: INBR) announced Friday at themarket close, that it has signed a partnership agreement withPhilip Kirkorov, to create instant brand recognition forwww.WorldBestBuy.com. Philip Kirkorov is an international starwith record sales in excess of ten million copies last yearalone. Mr. Kirkorov is a recipient of the "World's Best-sellingRussian Artist of the year" in THE WORLD MUSIC AWARDS ceremony inMonte Carlo. In the unique partnering with Kirkorov, a householdname in the Russia and the region, WorldBestBuy's executives planto maximize the brand vision of www.WorldBestBuy.com throughoutall of the countries of the former Soviet Republics and itsformer satellites countries in Europe and Asia. www.WorldBestBuy.com is poised to follow in the footsteps ofmany great market leaders. The company has organized its productsand services in a manner to demonstrate diversity and strength inthe company's base of operations. The concept of multi-productonline store is quickly becoming a necessity in the competitiveworld of e-commerce. In addition to providing the visitors witharray of products, the web-site also provides a service tocustomers in allowing them to post items that customers want tosell individually in either the Garage-Sale and/or World-Bazaarsections of the site for free. An optional escrow mechanismdeveloped to minimize abuse of trust is provided by INBR at areasonable cost. The company offers a half a pound of freshly roasted gourmetArabica coffee with any purchase. In just two weeks after theofficial launch, www.WorldBestBuy.com have received more than500,000 hits. Steven (Vladislav) Zubkis, International Brands president andCEO, stated, "Philip Kirkorov, is the most popular and recognizedcelebrity pop star through out all the territories of the formerUSSR and Bulgaria." Mr. Zubkis also stated, "Philip has justcompleted a successful tour in US performing in such great hallsas Taj Mahal and MGM Grand. While touring he received a number ofproposals from various producers and record companies due to thefact that he is of Russian and Bulgarian decent. Phillip isfluent in both languages as well as possessing greatcommunication skills in English and Spanish. Philip is soon to bereleasing a CD and Video in both English and Spanish forinternational distribution. I am convinced that he will become ahousehold name in the US and Latin America; because of this hewill have more opportunities to promote and markethttp://www.WorldBestBuy.com in other countries. I am proud towork along side such a talented and hardworking person." Philip Kirkorov said, "This kind of development is the firstin the history of Russian and American show business. Most likelyit will set the cornerstone in human relations between Russianspeaking people and people in the U.S. as I get more and morepopular http://www.WorldBestBuy.com and its Stockholders will getmore and more benefits. Due to the fact that Philip Kirkorov isthe most popular name in Russia it is the best proof thathttp://www.WorldBestBuy.com will also become the favoriteshopping destination for all Russian speaking people of EasternEurope and Asia." Mr. John Sterling of http://www.Jazznetwork.com andhttp://www.Risun.com, which are partially owned and operated byInternational Brands, Inc., stated "I have been in show businesssince the 60s and throughout my career as a producer I've seenmany talented people, especially as a producer for a Jazz networkTV series which aired for six years on PBS. This historicoccasion brings together the elements and potential making of twointernational stars Philip Kirkorov andhttp://www.WorldBestBuy.com where each entity will propel theother to new heights of success. I feel this success couldcompare to that of Ricky Martin and Amazon.com respectively." Mr. Zubkis stated that www.WorldBestBuy.com will aggressivelytarget the vast former USSR markets with the goal of becoming thefirst complete major presence Internet mall in the region. Nocomplete E-commerce site has penetrated this vast market. Thiswill provide an excellent opportunity for growth and expansion ofwww.WorldBestBuy.com, an emerging Internet retailer of discountconsumer goods. Last year's financial crisis in the former USSRcaused a slowdown of imports, creating a severe shortage ofimported foreign goods. Many consumer products are not readilyavailable, although buying power still exists in the region. As afurther result of last year's crisis, prices are as much as 200-300% higher in the former Soviet Republics than similar productsoffered on the www.WorldBestBuy.com Internet site. This pricedisparity offers an ever-greater competitive advantage forwww.WorldBestBuy.com. Approximately 3% of the population hascredit cards in the former USSR, which translates into about 9million people who have Internet purchasing power. Mr. Zubkisalso stated that there is virtually no Internet competition inthe former Soviet Republic's rapidly expanding marketplace. In addition, according to Mr. Zubkis, WorldBestBuy.com isproviding a diversified selection of products to individualsthrough Internet sales in the former USSR. Since theWorldBestBuy.com Internet site is a modular system, it will betranslated into other languages. Company officials emphasize thatthe mechanism of selling and shipping to Russia and thesurrounding region through the Internet has been tested and worksvery well. The WorldBestBuy.com company strategic web site modelcan be easily duplicated in the former USSR. Howeverwww.WorldBestBuy.com plans to start selling its products inRussian speaking countries starting December 1, 1999 after Mr.Kirkorov will hold a Press-Conference and will make an officialannouncement. INBR have staffed its customer service with Russianspeaking operators to process orders via phone or via fax. The philosophy of WorldBestBuy.com is to reward customers forloyalty by offering incentives and free premiums, such as freeInternet services, e-mail, and software, which are extremely hardto find in the former USSR. The company plans to establish aniche in the marketplace by fulfilling the need for products andservices that are scarce and in demand. INBR has a 52-week range of 1 1/2 - 19. Currently tradingaround $3. Fletcher & Faraday plans to continue following thedevelopments of INBR and alert experienced investors of thisopportunity. Our stocks to watch: Microsoft (Nasdaq: MSFT), Sun Microsystems (Nasdaq: SUNW),America Online (Nasdaq: AOL), International Business Machines(NYSE: IBM) and Amazon.com (Nasdaq: AMZN). Fletcher and Faraday is a Broker Dealer and member of the NASDand SIPC. Fletcher & Faraday herein prepared material uponinformation supplied by the company or other sources believed tobe reliable. The information contained herein should not beconsidered to be all-inclusive. INBR have approved the statementsmade in this report. This discussion contains forward-lookingstatements that involve risks and uncertainties. A company'sactual results could differ materially from those described inany forward-looking statements or announcements discussed within.This material is for information purpose only and should not beconstrued as an offer or solicitation of an offer to buy or sellthe securities. Please consult your broker before purchasing orselling any securities mentioned in this report. Fletcher &Faraday has been compensated for its investment banking servicesprovided by the agreement with International Brands Inc. (25,000INBR Investment Common Shares). Fletcher & Faraday its clients,officers, directors, employees may buy, sell or have a positionin the securities described in this report and may profit in theevent the shares rise in value. ots Original Text Service:Fletcher and Faraday Internet: http://www.newsaktuell.deContact: Kirk Graham of Fletcher and Faraday Inc., (USA) 877-490-9768, or fax, (USA) 516-505-9246 Web site:http://www.WorldBestBuy.com Web site: http://www.Jazznetwork.comWeb site: http://www.Risun.com

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