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WorldTeq Reports Significant Progress on its Spanish Internet Portal

WorldTeq Reports Significant Progress on its Spanish Internet Portal

MundoTeq.com to Target Hispanic Audience

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ROCKVILLE, Md.--(BUSINESS WIRE)--July 7, 2004--WorldTeq Group International Inc. (OTC BB:WTEQ) a full-service solutions provider of Affinity Services including Long Distance, Financial Services, Internet Connectivity, and Hosting Services announces an update of progress on MundoTeq, the company's proprietary Internet portal that will target the Spanish speaking Internet population in the United States.

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"I am very pleased at the progress our programmers have achieved thus far in the development of MundoTeq. We will launch this product during late summer and concurrently will begin the marketing campaign to attract visitors to the site. We have finished up with our Spanish Chat and have just completed our very own proprietary Spanish dating service. The next phases of programming will include classified ads as well as other free services. In addition, we are finishing up the translations for our pay services such as The BanqueCard, Long Distance, Internet Access, Calling Cards, and more. I am extremely excited about the progress we have made and our users can look forward to a more extensive list of services and products than we initially envisioned thanks to new partnerships," stated Jeff Lieberman, CEO of WorldTeq.

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Lieberman continued, "Some of the most exciting things I have personally been working on are our relationships with additional vendors that will provide affinity services to the site. We will be partnering with shopNBC.com for a Hispanic online shopping mall on our site. WorldTeq will be compensated for any and all products that are sold on shopNBC.com through MundoTeq. We have also begun the process of creating the marketing campaign and are currently negotiating for television spots with National Spanish Networks such as Telemundo and Univision. This will be in addition to Radio and Print advertising and a special grass roots campaign that will be conducted in areas where we have offices, Washington DC and Orlando, FL. We believe that marketing is the key to success for this product and are finalizing the entire market strategy, duplicating certain processes that typically work for this market segment. By giving our users an entire online experience, including the ability to purchase thousands of products, exclusively in Spanish, we will attract loyal and repeat users. The product, with its state of the art technology, recognizable partners and unique capabilities will be launched during the current quarter. An exact date will be given as the launch approaches."

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Lieberman continued, "While earnings and revenues from this project will be significant, it is hard to forecast at this point. Nearly 5% of all internet users, 9 million, indicate that they prefer Spanish speaking websites and are more likely to make purchases on them. The total online purchasing of this internet population is currently $50 billion, with internet advertising expenditures for companies targeting this population approaching $2 billion, up 2000% in the last four years. The current product offerings, including the financial services and telecom products are also accelerating in sales. It is anticipated that revenue from these ventures will grow at 100% per quarter during the last two quarters, with yearly revenue expected to be $1.2-$1.5 million with earnings of .01-.02 cents. This will include about $100,000 in marketing costs associated with the launch of the portal. Revenue for 2005, as well as earnings will directly benefit from a full year of the portal being operational and should continue the trend of 100%+ yearly growth. internet marketing plan
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MundoTeq will officially launch in the next sixty days. Pre-launch information is available at www.mundoteq.com. article internet marketing
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About WorldTeq Group International internet marketing network
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WorldTeq Group International offers a wide range of telecommunications, merchandising and financial services with related products via independent agents, associations, sales organizations and affiliate marketing. internet marketing research
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For more information visit the company's Web Site at http://www.worldteqgroup.com. free internet marketing
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The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. internet marketing tip
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Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by WorldTeq) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. idea internet marketing
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Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of WorldTeq Group International. atlanta internet marketing
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Contacts age in internet marketing
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WorldTeq Group International Inc. business business internet
Jeff Lieberman, 888-263-7776
Fax: 413-513-1260

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