Business Editors SEATTLE--(BUSINESS WIRE)--Dec. 8, 2000--EZ Inc. (OTCBB:BHIT) (Frankfurt:BHC), an Internet transactional marketing and e-commerce company, today announced the resignation of President & CEO Timothy Black. Black, the founder of EZ Inc., plans to consult with the company during the transition and will be actively involved in seeking additional financing and potential strategic partners for the company. Formerly Bidhit.com, EZ Inc. is the holding company for EZbid, EZbuy, EZ Auction Services and other "EZ" trademarks. The Company is an online transactional marketing, sales, and management organization effectively combining auction sales, electronic retailing, direct marketing, and transactional management with a strong customer service focus throughout its complementary business units. An active online Internet auction company since 1997, the Company through its EZbid division provides registered users with the opportunity to bid on quality brand name products such as computers, peripherals, camera equipment, sporting goods, household goods, home electronics and sports memorabilia. Its Business to Business Bulk Clearance Auctions permit quantity buyers to purchase quality merchandise at discounted prices. EZ Inc.'s turnkey Auction Management Services enables OEM and third party vendors to compress liquidation cycles of excess, closeout, and end-of-cycle inventory via their own private label auction site. EZ Auction Services offers a three-tier package structure with a broad array of platform choices and a la carte selections. Customizable auction pages, vendor control of auctions, comprehensive support and wide-ranging value added services make EZ Auction Services an attractive, flexible, affordable time-to-market alternative.
EZ Inc. CEO Resigns