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News and Information Article
$2 Million in Revenue Achieved on Record Sales of More Than Two Thousand of
the Highly Collectible American Buffalos
LOS ANGELES, Sept. 12 /-FirstCall/ -- USN Corporation (OTC
Bulletin Board: USNR) ("USN"), owner of the "Ultimate Shopping Network,"
announced today its best monthly coin sales ever, fueled by high demand for
the networks stock of the U.S. Mints 24 Karat American Buffalo Gold
coins. Offering some of the industrys lowest prices on a broad range of
coin grades, from the first strike, mint-state (MS) 70 American Buffalos
available at $999 to the ultra-rare proof issue, first strike,
PCGS-PR70DCAM selling for $4,995, USN has become the retailer of choice for
coin collectors and investors across the nation.
Based upon James Earle Frasers design of the Buffalo Nickel issued
between 1913 and 1938, the American Buffalos are the first 24K coins ever
produced by the U.S. Mint and have been made in an extremely limited run of
300,000 total coins. The networks largest seller has been the first
strike, MS-70 American Buffalo, which at $999 is being offered at a
discount to the $1,099 to $1,199 it is available for from most other
outlets.
"We believe these impressive results are indicative of the strength of
the USN brand among U.S. households," said Mark J. Miller, CEO of USN. "Our
model of offering luxury products at unbeatable values has garnered rave
reviews from our shoppers and allowed us to build what is the first and
only luxury TV shopping network."
In addition to coins, USN sells a range of other high-end goods
including fine diamonds and jewelry and designer accessories from fashion
houses such as Prada and Fendi. Reaching new markets in the TV shopping
industry, USN has an average price point of $400 versus the industry norm
of $75 to $100.
USN reaches over 30 million aggregated U.S. households on DIRECTV
Channel 345, Dish Network channel 223, and various cable and broadcast
outlets. The Ultimate Shopping Networks 24/7 programming offers
televisions most luxurious shopping experience and the network is a
rapidly growing player in the multi-billion dollar television commerce
industry.
ABOUT USN CORP.
USNs (OTC Bulletin Board: USNR) wholly owned Ultimate Shopping Network
is quickly becoming the luxury brand in television shopping. USN has
positioned itself as television shoppings version of high-end retailing
with a dedication to service, quality, integrity and luxury. Today, the
Ultimate Shopping Network is broadcast to more than 30 million aggregated
U.S. households on DIRECTV Channel 345, Dish Network 223, and various cable
and broadcast outlets. The company also has an Internet shopping site,
http://www.shopusn.com/, which offers customers many of the same upscale
products seen by viewers on the network at very competitive price points.
The statements included in this press release concerning anticipated or
expected future revenue or growth or expressions of future goals or
objectives, including statements regarding whether current plans to grow
and strengthen the companys existing network will be implemented or
accomplished, constitute forward-looking statements made pursuant to the
safe harbor provisions of Section 21E of the Securities Exchange Act of
1934, as amended, and Section 27A of the Securities Act of 1933, as
amended. All forward-looking statements in this release are based upon
market information available to USN Corporation on the date of this
release. These statements involve risks and uncertainties that could cause
actual results to differ materially from the forward-looking statements.
Factors that could cause actual results to differ materially from those set
forth in the forward-looking statements include the availability of funding
for current and future operations, as well as others discussed in USN
Corporations filings with the Securities and Exchange Commission. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. USN
Corporation undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
To be added to the Ultimate Shopping Network News Distribution List
please visit: http://www.usncorp.com/investor-mailalert.aspx?b=1417&1=1
Contact:
Investors:
Chris Rosgen - Capital Market Relations
949.481.9739
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