SOURCE: Nettel Holdings

November 09, 2007 09:51 ET

Tougi Completes Revamping of the New Online Retail and Drop Shipping Trading Platform

Online Opening Is Scheduled for November 12, 2007

VANCOUVER, WA--(Marketwire - November 9, 2007) - Nettel Holdings, Inc. (OTCBB: NTTL) division, Tougi, completes the revamping of the new online retail and drop shipping trading platform.

The new system will accommodate the regular retail consumer, while the wholesale and drop shipping program will be assisting stores and online retailers add to their product line without the need to stock or ship the products.

For drop shipping, resellers/retail stores can simply place orders online, and then our system will immediately fill the orders and ship the products directly to the reseller's customer. The products are shipped in the reseller's name, and the customer will never know how much the reseller paid for the product, or where it was purchased.

Our manufacturing base has been growing rapidly to include over 17,000 sellers. In addition, over 200,000 items will be available to ship out locally in the U.S., to save on shipping time and cost.

In addition, we have also created a unique program for companies located in the U.S. or Canada, with offices and branches located over seas. With our relationships established with manufactures all over the world, U.S.-based companies who want to buy products for their overseas offices will now be able to place the order on Tougi, pay for it, and have the products delivered locally to their office stock or factory overseas.

Here are some of the advantages of using this new program:

--  Save on shipping cost and time
--  Don't have to invest in costly inventory
--  Know exactly the cost of the merchandise in advance
--  All payment will be in U.S. dollars
--  Receive direct manufacturer prices
--  No shipping hassles
--  No minimum purchase requirements
--  Real time online ordering
    

We have been working with several mail order and online resellers testing the new system. Many of these large resellers already have thousands of customers in their database. Having products drop shipped by Tougi, will allow these resellers to concentrate on sales and advertising functions, rather than stocking inventory. The relationship with these resellers will help in expanding the reach of our unique business model.

Tougi handles all financial settlements, billing and administration, allowing manufacturers to save on time, staff and administration costs. Manufacturers can now work with many buyers without having to develop and maintain various bilateral relationships. Instead manufacturers require only a single relationship with Tougi. Buyers will now have access to the best rates on products without having to negotiate a contract separately with each manufacturer.

Tougi is an important addition to Nettel's services portfolio, providing our customers with another competitive advantage in the rapidly changing environment. Tougi is a great new initiative that will help manufacturers develop and penetrate their target market faster than traditional methods.

For additional information on Tougi, please visit our website at http://www.tougi.com.

Contact Information

  • Contact:
    Investor Relations
    503-336-5098