Intermallamerica.com Plans International Marketplace

Houston-based Intermallamerica.com said it is
creating an online International Marketplace to be integrated with its
current online mall, The Great InterMall of the Americas.

The International Marketplace will be devoted exclusively to international
merchants exporting products to the United States and will provide U.S.
consumers
the opportunity to purchase European products directly from European
companies.

The company said its executives have met with representatives of 18 European
companies, representing business interests in the United Kingdom, Denmark,
Austria,
Italy, the Netherlands, France, Spain and Finland.

“A sufficient number of understandings and agreements were reached between
Intermallamerica.com and our European friends to begin development and
implementation of the International Marketplace,” said Cheryl D. Austin,
president of
Intermallamerica.com. “Further, we are in preliminary negotiations to
joint-venture in the creation of wholly national Internet malls in several
European countries,” she added.

The Texas Department of Economic Development partnered with the Association of
European Chambers of Commerce & Industry (Eurochambers) to organize the
business-to-business meetings in Dallas.

The Intermallamerica.com site currently consists of more than 130 U.S.-based
merchants. The grand opening of the International Marketplace is planned for
the third quarter of this year.

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