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Microcap & Penny Stocks : Global Media Corp.

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To: Jacalyn Deaner who wrote (24)8/5/1999 10:06:00 AM
From: Jacalyn Deaner  Read Replies (1) of 30
 
Starcast Systems Inc. --- Exclusive Agreement with the Global Media Broadcast Network
Date:
Thu, 5 Aug 1999 07:05:06 -0700
From:
Ken Shortt <kshortt@gmcorp.net>
Organization:
Global Media
To:
Jacalyn Deaner <mde951@airmail.net>

GLOBAL MEDIA BROADCAST NETWORK SIGNS STARCAST SYSTEMS INC.

VANCOUVER, Aug. 5 /CNW-PRN/ - Global Media (OTC BB:GLMC)
(http://www.globalmedia.com) announced today that it has signed an
exclusive agreement with Starcast Systems Inc. which joins them to the
Global Media Broadcast Network.

Starcast Systems Inc. is the owner of three radio stations: WQZK-FM;
WKLP-AM (Cumberland Maryland market); and WBHN-AM (Bryson City, North
Carolina).

''Getting involved with Global Media was a natural step for WQZK-FM.
The Global package represents a fantastic opportunity for broadcasters
to take part in the evolution of radio which will transform them from
local and regional stations serving thousands, to worldwide stations
serving millions. With the Global Media e-commerce solution, we can now
generate revenue not only from a limited local and regional advertiser
base, but limitless on-line retail sales opportunity,'' said Jack
Mullen, President and General Manager of operations of Starcast
Systems, Inc.

''Retail sales are a new and exciting source of revenue for the 21st
century radio station. We, at the Starcast Stations, are excited and
ready to be part of this explosion of opportunity. We are ready to get
'rockin' with Global Media.''

''Our Flagship Station, WQZK-FM, accesses over 260,000 people in parts
of four states. Our Format is a modern, twenty-first century
presentation of classic rock and today's new adult alternative rock
music. WQZK-FM (Q94) has been playing rock and roll, in some form or
other, since 1981, and has always been the market leader in technology
and programming.''

Global Media is the only e-commerce business to aggregate audio and
video streaming while enhancing its site frames with not only daily
updated static editorial content, but live experiences of music, video
and flash animation that will promote sales of thousands of available
products.

The Global Media Player and Network Associate Program offer numerous
non-traditional revenue streams. Through demographically targeted
advertising opportunities and the sale of entertainment products, the
Internet Broadcast Solution is no longer an expense to Radio and TV
properties. Instead, it becomes a viable revenue generating system.

The Global Media Player gives Radio and other Media properties the
advantage of maintaining and building their brand names on the
Internet, while providing the most compelling user experience possible.
With its intuitive interface design and extensive use of dynamic
content and animation, which promotes interactive experience, the
Global Media Player is a unique media appliance.

The Global Media Player is the portal through which all of the Global
Media Broadcast Network aggregated audio and video broadcasts can be
accessed. Searchable by genre, it will provide extensive information
about the broadcaster, as well as a link to the private-label
e-commerce site.

To access the Preview of the Global Media Alpha Player, Contact:

Ken Shortt, Investor Relations, (888) 744-3044;
Monte Walls Burris, VP Corporate Affairs/Media Relations, (888)
322-2282;
or
Ian Wenig, Sales Manager, (888) 322-2282.

Global Media is a fully reporting issuer to the SEC and is listed in
Standard and Poor's Corporation Records. The Company trades on the NASD
OTC Bulletin Board, under the symbol: GLMC. The Company also trades on
the Berlin Stock Exchange, under the symbol: GLE.
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 and deploying the company's abilities to market the services
and future customer acceptance and demand for the services.

PARTNERS: RealNetworks (RNWK); Liquid Audio (LQID); MCI Worldcom
(WCOM); and Muze.
SOURCE: Global Media Corp.

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