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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: CoffeePot who wrote (16654)6/16/1999 2:16:00 PM
From: Blitz  Read Replies (2) of 25711
 
JNNE News with DoubleClick...

Wednesday June 16, 1:53 pm Eastern Time
Company Press Release
Jones Naughton Signs Advertising Agreement With DoubleClick Inc.
LinkShare Affiliate Marketing Program Yields Top Notch Ad Links for GoOn-line's E-commerce Site
LOS ANGELES--(BUSINESS WIRE)--June 16,1999--Joe Naughton, Chairman of Jones Naughton Entertainment, announced today that GoOn-line.com, a subsidiary of Jones Naughton Entertainment Inc. (OTCBB:JNNE - news), has signed an advertising agreement with DoubleClick Inc. (NASDAQ:DCLK - news).

Under the terms of the agreement DoubleClick will place GoOn-line's ads on-sites managed by DoubleClick's network. DoubleClick currently has over 1,500 sites in its network. GoOn-line.com will be testing a combination of select, open network and targeted select site Internet advertising approaches. The advertising agreement will create over 4 million impressions to support the unveiling of GoOn-line.Com's e-commerce business.

''Our ad campaign will be distributed across DoubleClick's Network on the world's most prominent Internet properties and should drive a huge number of consumers to our GoOn-line.Com e-commerce site. Combining the DoubleClick initiative with previously announced marketing alliance with Website Results and the LinkShare affiliation should generate more then 10 million banner ad impressions to support the launch of GoOn-line.Com,'' stated Scott Claverie, president of GoOn-line.Com.

About DoubleClick Inc.

DoubleClick Inc. (www.doubleclick.net) is a leading provider of comprehensive global Internet solutions for marketers and Web publishers. Combining technology and media expertise, DoubleClick centralizes planning, execution, control, tracking, and reporting for online media companies. DoubleClick Inc. has headquarters in New York City, international headquarters in Dublin and maintains offices throughout the world.

In additional developments, Claverie also announced that as part of the previously announced affiliate program through LinkShare, Inc. the following national companies have agreed to link their E-commerce divisions in revenue sharing agreements with GoOn-line.com web business. 1-800-Flowers, 1bookstreet.com, Cyberian Outpost, Dell, Discover Nature, Healthshop.com, International Golf Outlet, JCPenney, K-Tel, Pet Quarters, and The Sharper Image have been added to the growing list of prestigious firms which are involved with the GoOn-line.com e-commerce business.

About LinkShare Corp.

LinkShare Corp. (www.linkshare.com) is the leader in harnessing the power of the Web for e-commerce. As the premier provider of partnership-based marketing programs, LinkShare facilitates e-commerce for leading online companies by providing them with the tools and technology to cross-refer their customers, strengthening their own customer relationships and generating revenue in the process.

LinkShare's partnership based selling models are an essential part of the marketing mix and necessary complement to traditional marketing vehicles such as advertising. In addition to providing technology, LinkShare serves as an independent third party, tracking and verifying customer referrals and transactions, and managing the related revenue structures. The company currently services more then 150 retailers and manages a network of tens of thousands of affiliate sites. LinkShare is privately owned and headquartered in New York City, with offices in San Francisco and Denver.

Jones Naughton additionally announced the hiring of Victor R. Covarrubias, as Financial Controller for Jones Naughton Entertainment, Inc. Covarrubias is a former auditor for the Internal Revenue Service (IRS) and previously owned his own tax and financial advisory firm. Covarrubias is a graduate of California State University at Fullerton with a degree in Accounting. Covarrubias' major initial responsibility will be to oversee the necessary implementation of the accounting functions to facilitate JNNE's Form 10SB filing. Covarrubias in his new position will report directly to Joe Naughton.

About Jones Naughton Entertainment Inc.

Jones Naughton Entertainment Inc. is an information technology concern focused on combining traditional marketing methods with the latest advancements in Internet technology. Through its COMMUNITY MARQUEE Division, Jones Naughton provides interactive Internet, advertising and marketing services to a growing number of clients across the country. Jones Naughton has also begun installing Internet kiosks in various hotels and is aggressively pursuing kiosk agreements with a number of national hotel chains.

Jones Naughton recently acquired GoOn-line.com, a Chico, Calif.-based Internet company specializing in the production of streaming video infomercials over the Internet. GoOn-line.com offers Internet products and services to consumers via E-commerce solutions available on the World Wide Web. GoOn-line.com is in the late stages of developing a virtual shopping mall Web site that will feature products that have traditionally only been available from infomercial companies advertising on broadcast television.

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.

--------------------------------------------------------------------------------
Contact:

Jones Naughton Entertainment, Inc.
Joseph Naughton, 714/736-0988
Chairman
JOEJNEI@AOL.com
www.jnne.com
or
PMR and Associates
Patrick M. Rost, 760/942-0015
Investor Relations
PMRandCO@AOL.com
or
Jones Naughton Entertainment, Inc.
Victor R. Covarrubias, Controller
VICJNEI@AOL.com
or
LinkShare
Julie Lucas, 720/528-3123
Vice President of Communication
julie@linkcorp.net
www.linkshare.com
or
DoubleClick Inc.
Sandy Wetzel, 310/385-7780 ext-327
Regional Sales Manager
swetzel@doubleclick.net
www.doubleclick.net
or
GoOn-line
Scott Claverie, 530/891-4100
www.GoOn-line.com
or
COMMUNITY MARQUEE Division
James Cannon, 770/394-6056
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