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Imagica Entertainment Inc. Announces New State-of-the-Art Production Facility
OCALA, Fla.--(BUSINESS WIRE)--April 16, 1999--Imagica Entertainment Inc. (OTC BB:IMEA), a developer and marketer of custom-made advertising media such as signs, banners, flags and point-of-purchase displays, announced today the start of construction of the company's new production facility.
The new facility will be 55,000 square feet, more than doubling the size of the old facility. This new facility will be a state-of-the-art production facility. The estimated time for completion is 90 days.
''Estimates put the custom made advertising business at over $19 billion in annual sales. With our new state-of-the-art facility and equipment, Imagica is now positioned to capture a larger share of the market,'' stated Braxton Jones, president/CEO.
The new facility coupled with our ever-growing presence on the Internet will give the company some strong new growth opportunities. The company has been working quickly to put up the new interactive web site, which will be located at imagicainternational.com. When the site is complete we will be able to offer the design and purchase of custom-made media over the Internet. The finished product will be delivered by courier to the client's location after payment is made by credit card at the web site.
With companies like Amazon.com Inc. (Nasdaq:AMZN), YAHOO INC. (Nasdaq:YHOO), America Online Inc. (NYSE:AOL) setting the path for successful retail sales over the Internet, our new web site will be able to capture a whole new segment of the custom media market place.
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Contact:
Imagica Entertainment Inc., Ocala
Braxton Jones, 800/537-7469
imagicainternational.com
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