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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: Jeffrey L. Henken who wrote (2093)7/21/1999 9:29:00 PM
From: LANCE B  Read Replies (1) of 3514
 
CLVE- PICK FOR THURSDAY...

assicVision Entertainment Announces Consummation of Acquisition of Advanced Video Fluoroscopy & Nuclear Imaging Inc.


SAN DIEGO--(BUSINESS WIRE)--July 21, 1999--ClassicVision Entertainment Inc. (OTCBB:CLVE) President Stephen Nemergut, announced today that the company has signed an agreement to acquire 100% of Advanced Video Fluoroscopy & Nuclear Imaging Inc. (AVF), a mobile medical video firm.

AVF provides mobile video fluoroscopy examination, with licensed physician in attendance, throughout New York City.

Nemergut stated that this acquisition is a major step forward in providing ClassicVision with substantial new revenues and profits. He went on to say that the company would announce specific details of the transaction in the immediate future.

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

Thor Gauti, 888/575-8825

KEYWORD: CALIFORNIA

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