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Microcap & Penny Stocks : lzmcf-lasermedia

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To: francis terry who wrote (156)4/14/1999 2:02:00 PM
From: GARY P GROBBEL  Read Replies (2) of 274
 
Helluva coup for our growing Internet company...this is super...stock around .60:

Actfit.com To Host Ms. Rio Competition May 1st

TORONTO, ONTARIO--Actfit.com, the interactive health and fitness website, will host the
first annual Ms. Rio Competition at the Rio Suite Hotel & Casino in Las Vegas on Saturday,
May 1, 1999, and will broadcast it online on Wednesday, May 12.

Richard Hue, CEO of LaserMedia Inc., announced today that LaserMedia and the Rio Suite Hotel & Casino, a division of
Harrah's Entertainment Inc. [NYSE:HET - news], one of the world's largest gaming companies, have agreed to co-operate in
the production of this exciting event.

The Ms. Rio Competition will bring together 100 of America's most accomplished female fitness champions in a 3-day event
with a top prize of $10,000. A select group of the Rio Suite's clientele, as well as sports and entertainment celebrities, will
judge the competition, which has attracted major sponsors such as Banana Boat and others yet to be announced.

In addition, actfit.com spokesperson Ms. Fitness America, Sherry Goggin, will be Master of Ceremonies at the competition.
Ms. Goggin is an accomplished fitness writer, personal trainer and television personality, and is America's best-known female
fitness champion.

''We're pleased to have the internet's premier interactive health and fitness site on board with us in this project,'' said Mr. Mark
Gore, Vice President of Corporate Player Development for the Rio Suite Hotel & Casino. ''Their technological expertise and
knowledge of the fitness community will help us bring Ms. Rio to an audience we would not have been able to reach.''

''We will be bringing major sponsorships both to the competition itself and to our broadcast of the event,'' commented Richard
Hue. ''We see this as an opportunity to generate significant revenues. Our continuing commitment to online events will open up
tremendous opportunities for advertisers, and will help us continue our phenomenal record of growth.''

The actfit.com network, which made its internet debut only last January, recorded over 1.1 million page impressions for the
month of March, a remarkable accomplishment in this short period of time.

The Ms. Rio broadcast will be the second in actfit.com's series of online events. The first, a live workout session with Ms.
Fitness America Sherry Goggin and nutritional expert Frank Giardina, will be broadcast Tuesday, April 20, 1999 at 8PM
Eastern Time.

Actfit.com is the Internet's only fully-interactive health and fitness website. Log on to actfit.com for all your
interactive health and fitness needs!

Forward-looking statements and comments in this press release are made pursuant to the safe-harbor provisions of Section
21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to
increase the level of sales, complete future web sites or complete future acquisitions are necessarily subject to risks and
uncertainties, some of which are significant in scope and nature, including, but not limited to, the risks related to the demand for
the company's products and/or services, competition, and availability of capital. The information herein has not been approved
or disapproved by regulatory authorities.

Contact:

LASERMEDIA COMMUNICATIONS CORP.
Jack Wall/Vince Balatbat
Investor Relations, RT Equity Inc.
(416) 967-4779/(888) 821-2800
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