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Microcap & Penny Stocks : Global Media Corp.

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To: Monte who wrote ()7/22/1999 10:34:00 AM
From: Jacalyn Deaner  Read Replies (1) of 30
 
lobal Media Expands its North American Media Presence in the Opening
of Four New Strategic Business City
Locations

NANAIMO, BC, July 22 /CNW-PRN/ - Global Media Corp. (OTC BB:GLMC)
(http://www.globalmedia.com) announces today, the establishment of
business operations in Vancouver, Seattle, Los Angeles and New York
City.

Vancouver will house the company's new corporate head office and
production facility, while mergers and acquisitions will be centered in
Seattle. Global Media VP for Corporate Affairs, Monte Walls Burris,
moves to New York to establish a media sales office and to further
establish a full-time Wall Street presence.
Barr Potter, a Global Media company Director, will be sourcing
entertainment content in Los Angeles. Potter headed Largo
Entertainment, a diversified film finance and international
sales/marketing company, participating in the finance and foreign sales
of more than two dozen motion pictures. Prior to heading up Largo,
Potter worked with Time Life Home video and Thorn Emi Screen
Entertainment.

''All this activity is the result of the significant growth our company
is enjoying as word of our unique combination of Internet broadcasting
and e-commerce spreads,'' said Global Media CEO, Rob Fuller, from the
company's current head office in Nanaimo, British Columbia. The Nanaimo
location is being converted to Global's call and customer service
center.

''Instead of handing over customers to large e-commerce sites, Global
Media Broadcasting Network Associates, primarily broadcasters and
entertainment retailers, meet their audience's entertainment product
needs from their own websites, while Global's transactional-database of
a million-plus music, book, video and magazine titles fills orders in
the background. Global Media's fully-functional e-commerce support runs
from supplying multimedia entertainment content through to secure
online order processing, delivery and customer service,'' said Walls
Burris.
Global has signed a long-term lease and will be the sole tenant at 400
Robson Street, in the heart of Vancouver's upscale shopping,
entertainment and business district.

''This new 13,000 sq. ft. facility gives us the room we need to expand
beyond the 60 employees we now have, as we respond to increased
customer demand,'' said Fuller.

The company's merger and acquisitions department, in Seattle, places
Global Media closer to two of its strategic partners, RealNetworks and
Exodus Communications Inc.

''Seattle is also home to many leading Internet innovators and Global
will be joining those companies in reshaping the Internet into a
profitable entertainment medium,'' said Walls Burris.

On behalf of the Board of Directors,
Michael Metcalfe
This press release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1938 and section 21E of
the Exchange Act of 1934 and is subject to safe harbor created by these
sections. Actual results may differ materially due to a number of
risks, including: the technological and operational challenges of
developing deploying the company's abilities to market the services and
future consumer acceptance and demand for those services.

Potential Network Associates are invited to contact Ian Wenig, Network
Associate Sales Manager, at 1-888-322-2282 or by email
associate(at)gmcorp.net.

Corporate Relations inquiries, please to contact Ken Shortt at
1-888-744-3044 or at kshortt(at)gmcorp.net.
Corporate Information is available at: www.gmcorp.net ( Video and
audited financial statements included )
E-commerce site: www.globalmedia.com

SOURCE: Global Media Corp.
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