Ashford.com Buys TimeZone.com

October 28, 1999

Ashford.com Buys TimeZone.com

Ashford.com, the Houston, TX-based Internet retailer of watches, jewelry and accessories, purchased TimeZone.com, an Internet watch forum, trading and sales listing site. Terms of the deal were not disclosed.

The Timezone forum, in which collectors and dealers meet to talk timepieces, will remain pretty much the same, said Timezone's former owner, Richard Paige, on the site. All Timezone.com community features will be fully integrated into Ashford.com, allowing Ashford.com customers to do research on watches and watch brands and ask for opinions while they shop on the site. TimeZone.com will help Ashford.com customers learn more about watch technology, features, design and care. A lively discussion of the purchase can be read at www.timezone.com.

Last week, the publicly traded Ashford.com signed on as the exclusive on-line outlet of the International Jewelry Design Guild. Ashford.com will represent 25 designers who belong to IJDG, including Jane Bohan, Whitney Boin Studio, Chris Correia, Michael Good, Susan Helmich, Scott Keating and Diana Vincent.

- by Michael Thompson