Wednesday June 9, 8:06 pm Eastern Time
Company Press Release
ClassicVision Entertainment
Announces Acquisition of
Tradercents.com
SAN DIEGO--(BUSINESS WIRE)--June 9, 1999--ClassicVision Entertainment Inc.
(OTCBB:CLVE - news) President, Stephen Nemergut, announced today that ClassicVision has
acquired Tradercents.com.
Tradercents.com is a unique Financial Web site that is evolving into one of the premier investment
sites on the net.
Tradercents.com offers investors various forums to voice their opinions on stocks, bonds and
commodities. Tradercents.com is a free service to investors and online enthusiasts alike that gives
market data, unlimited company forums, live chat on all companies within the site, free
Tradercents.com e-mail, computer, health and travel links, and e-mail blasts. The site generates net
income in the low six figures and has many advertisers waiting for front-page space on the site.
With online transactions showing substantial growth, a hosting agreement has been completed with
NextCard.com.
Tradercents.com will be managed by RocketInc.com, a company in which ClassicVision holds a
49% stake. ClassicVision feels that RocketInc.com has the direction and capabilities to manage
and run this site efficiently and successfully. ''We feel that the Tradercents.com acquisition has huge
potential, not only from a profitability standpoint but to give enormous exposure to our company, as
well,'' stated Nemergut. ''We are building this company one step at a time and proving to our
shareholders that we can execute, complete and follow through on acquisitions and joint ventures
that will bring credibility, profits and exposure to CLVE in both the short and long term.''
ClassicVision and Rocket Inc. will develop and expand Tradercents.com in a number of different
ways, planning to triple the 3-million-plus hits per month that the site already receives. This should
double or triple profit margins through such medians as advertising, online affiliates and revenue
sharing agreements.
ClassicVision continues to aggressively pursue business and to increase value for the company and
its shareholders, thereby positioning itself to be an active and profitable leader in this dramatically
evolving Internet industry.
ClassicVision Entertainment Inc. is quoted on the OTC Bulletin Board as ''CLVE.''
CAUTIONARY STATEMENT: This news release may include certain ''forward-looking
statements'' within the meaning of Section 21E of the United States Securities Exchange Act, as
amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, included in this release are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such
statements. All forward-looking statements in this release are expressly qualified by this notice.
Contact:
ClassicVision Entertainment Inc.
Stephen Nemergut, 619/259-1159
or
Rocket Inc.
Stephen Cohen, 416/597-3371
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