I wanted to add some very positive comments about ZOZO. I am and have been very excited about the future prospects of this company. It would be wise to get in now because when the train begins to roll down the tracks, it will not be stopped.
I was told that the stock will hit the small-cap nasdaq in September and with all the companies it has acquired, they will grow with leaps and bounds. They just announced this morning that one of their companies, Quantum Arts is working with McGraw Hill in a development project. Check this out!!!!! More news to come.
Quantum Arts, in First Deal as Zeros & Ones Brand, Awarded
Development Project by McGraw-Hill
Business/Entertainment Editors & High-Tech Writers
LOS ANGELES--(BUSINESS WIRE)--July 26, 1999--
Zeros & Ones, Inc. Consolidates Quantum Arts and Other
Acquisitions
Into World's First Convergent Media Powerhouse
New Zeros & Ones-Branded Umbrella Also Includes Studio
SubZero,
Polygonal Research, EKO, KidVision and Wood Ranch
Technology
Establishing itself as the world's first definitive global source for the creation of interactive content, development of broadband
applications and delivery of a comprehensive range of interactive
media consulting services, Zeros & Ones, Inc. (OTC BB:ZOZO)
today announced the consolidation of its acquisitions into Zeros &
Ones-branded business units. The result is a unified advanced
media consortium offering products and services geared to the
convergence of the Web, interactive and digital TV, electronic
games and emerging entertainment platforms.
Concurrent with the corporate consolidation, Zeros & Ones
announced an agreement for its content development division,
Quantum Arts, to create a series of large-scale interactive
educational projects for McGraw-Hill (NYSE:MHP) -- the latest in a
long line of high-profile Zeros & Ones relationships, which include
Microsoft, Netscape, Headspace, Sun Microsystems and Open
Market. Today's announcements were made by Zeros & Ones'
new executive management team of CEO/Chairman Robert Holtz,
who originally founded the company in 1994, and President Steve
Schklair, founder of Quantum Arts, which was acquired by Zeros &
Ones in May. Mr. Holtz, an Internet pioneer, had a successful
career as a computer programmer, technology developer,
consultant to Fortune 500 companies, and post-production
executive before founding Zeros & Ones. Mr. Schklair, considered
a forefather of the multimedia industry, has developed such
breakthrough CD-ROM titles as "Barbie: Fashion Designer" for
Digital Domain and Mattel and "Columbus: Encounter, Discovery
and Beyond" for IBM.
Under the agreement announced today with McGraw-Hill, Zeros &
Ones' Quantum Arts will develop distance learning products for
distribution over high-bandwidth networks. The products,
scheduled for release starting in 2000, will also be released in a
hybrid CD-ROM format for users who are still limited to dial-up
Internet connectivity
"The addition of McGraw-Hill to the Zeros & Ones client roster
reinforces our thinking behind the acquisitions of Quantum Arts,
Polygonal Research Corp., EKO Corp., KidVision and Wood
Ranch Technology Group," said Mr. Holtz. "The acquisitions were
specifically designed to unite a diverse range of capabilities and
enterprises that serve all converging media, and an expanding
range of clients and partners."
Added Mr. Schklair: "We truly value this new relationship with
McGraw-Hill on these groundbreaking projects, which give Zeros &
Ones the opportunity to put into practice our theories about the use
of technology as it relates to education. By combining the rich
libraries of content owned by McGraw-Hill with the design and
technology excellence of Quantum Arts, Zeros & Ones continues to
expand the boundaries of educational computing applications."
The newly branded Zeros & Ones business units are:
-- Zeros & Ones' Quantum Arts, a leading content developer for
CD-ROM, DVD and broadband, which was acquired by Zeros &
Ones in
May 1999.
-- Zeros & Ones' Studio SubZero, the creator of award-winning
Web
sites, digital music and original animation, that was established
by Zeros & Ones in 1996.
-- Zeros & Ones' Polygonal Research Corporation, developer of
special motion image compression technology.
-- Zeros & Ones' EKO Corporation, developer of a
business-to-business Web portal for the entertainment industry.
-- Zeros & Ones' KidVision, which is developing an online store of
kid-friendly products.
-- Zeros & Ones' Wood Ranch Technology Group, which is
developing an
advanced media production center.
Zeros & Ones, Inc. (www.zerosones.com), founded in 1994 and
based in Los Angeles, is focused on content development and
technical consulting services and applications for the Internet,
digital television and electronic commerce businesses. Zeros &
Ones generates revenues by developing industry-shaping Web
environments, providing direct-to-consumer retailing solutions, and
developing technologies for integration into software and hardware
products.
This news release contains forward-looking statements, including
but not limited to, those that refer to the company's plans for future exchange listings, or future development plans or operating results that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties.
Actual results could differ materially from those anticipated due to
risk factors that include, but are not limited to, lack of timely
development of products and services by the company; lack of
market acceptance of products, services and technologies;
inadequate capital; adverse government regulations; competition;
lack of operating experience; inability to earn revenue or profits;
dependence on certain individuals; inability to obtain or protect
intellectual property rights; risks associated with customer
concentration; inability to obtain NASDAQ Small Cap Market or
any other listing for the company's securities; lower sales and
higher operating cost than expected; technological obsolescence
of the company's products; limited operating history and risks
inherent in the entertainment, telecommunications and Internet
markets and business.
Zeros & Ones, Inc. trades on the OTC Electronic Bulletin Board
under the symbol "ZOZO."
--30--WAM/la* MK/la
CONTACT: Bender/Helper Impact, New York
Les Luchter, 212/689-6360 (media)
Les_Luchter@bhimpact.com
or
Investor Communications Company
Mark Elenowitz, 301/947-8010 (investors)
webmail@iccinfo.com |
