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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Don Richards who wrote (1676)6/25/1999 3:58:00 PM
From: 2MAR$  Read Replies (1) of 150070
 
GAAY Update
Moves Up the Scheduled AuctionsTelevision
Premiere to August 14, 1999

Triangle Broadcasting Co. Inc. (OTCBB:GAAY) Executive Vice President
Dick Weiner announced today that the newly acquired Palm Springs
Television Studios will open officially for business on July 1, 1999.

At the same time Weiner noted that the previously announced October 2,
1999 premiere date for the Palm Springs Television Studios production
of AuctionsTelevision will be moved up to August 14, 1999. Television
markets are now being selected for the first broadcast of this new,
exciting, three-hour show. David Castro, Auction Producer, is
aggressively looking for inventories of merchandise throughout the
world and is reserving items for sale and can be reached by email at
AuctionsTelevision.com.

It was further announced that there will be a ceremonial Open House at
Palm Springs Television Studios on July 23, 1999 and the public is
invited to attend at 1000 E. Tahquitz Canyon Way, Palm Springs, Calif.
The new facility was formerly the home of the Morton Downey Television
Show which originated from a full service restaurant adjacent to the
studio where the audience could watch while the program was taped.

Triangle has decided to convert the restaurant space into a coffee shop
where gourmet coffee and pastries will be served. Triangle is now in
negotiations with the three major gourmet coffee shop chains. Patrons
will be able to watch both radio and television broadcasting from the
coffee shop when it is open for business. For Internet users, the
coffee shop will also have computers with Internet capabilities for use
by its customers.

For further background information on Palm Springs Studios and
BingoTelevision.com please refer to our press releases dated May 11,
1999 and May 25, 1999, respectively, or contact our press
representative: Roger Asquith: Tel: 760/322-1217 or Fax 760/322-9707.



Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Triangle Broadcasting Co. Inc.
Roger Asquith, 760/322-1217

WEB PAGE: businesswire.com

GEOGRAPHY: CALIFORNIA

INDUSTRY CODE: ENTERTAINMENT
INTERACTIVE/MULTIMEDIA/INTERNET
COMED

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

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