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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.18-0.3%Dec 5 9:30 AM EST

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To: killybegs who wrote (9682)6/30/1999 8:58:00 AM
From: Paul Lee   of 17679
 
TV onthe WEB and Argent Financial Services Announce Launch of the Financial Services Channel on the TV onthe WEB Network

LIVE Press Conference Webcast to Discuss Details

On Thursday, July 1 at 10:30 A.M. EDT at tvontheweb.com

WASHINGTON, June 30 /PRNewswire/ -- TV onthe WEB, the first interactive, community-based television network on the Web, and a strategic partner of Ampex Corporation (Amex: AXC), announces the launch of the Financial Services Channel, to be underwritten by Argent Financial Services.

The Financial Services Channel on the TV onthe WEB Network at www.tvontheweb.com is dedicated to the issues and concerns of the American families who face the everyday challenge of getting and staying out of debt, saving and accumulating wealth, and then preserving it. Through LIVE Webcast and on-demand video content, the channel will educate and train licensed insurance agents, financial planners and advisors who are affiliated with Argent and equip them to help Americans attain there financial goals.

Samuel B Watson, Argent Financial Services, Inc. President and C.E.O, stated, "TV onthe WEB follows our Internet strategy by offering us the ability to communicate with our national sales force on a daily basis, while at the same time providing the consumer up to date financial strategies. The on- demand services will increase our ability to train our sales people exponentially with the roll out of the revolutionary Argent Quest for Success (AQS) system."

A LIVE video press conference Webcast on Thursday, July 1 at 10:30am ET at www.tvontheweb.com will address the details of the channel.

"We are pleased to be working with a firm like Argent to use the power of narrowcasting to build a channel community of financial planners that represent American families," stated Dave Gardy, Chairman and Co-CEO of TV onthe WEB.

About TV onthe WEB

TV onthe WEB is a pioneer in new applications in on-demand archiving and live Webcasting that have evolved into the TV onthe WEB Network of Channels at www.tvontheweb.com. The network specializes in narrowcasting to specific business-to-business and special interest groups through revenue-generating TV channels underwritten by organizations well known in those niche communities. This unique approach has successfully generated revenue streams from live event, advertising, e-commerce, pay-per-view, and subscription sources, in addition to the income generated from the firm's Webcasting services.
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