September 17, 1999 07:16
Diamond Entertainment Announces the Addition of
Three New High Tech Products
CERRITOS, Calif.--(BUSINESS WIRE)--Sept. 17, 1999--Diamond Entertainment Corporation, dba e-DMEC, Inc. (OTC BB:DMEC) today announced the addition of three new products consisting of a Digital Recorder, Digital Camera, and a TV Tuner for Computer Monitors.
These new products are designed to expand the capabilities of PC's and will be made available on the Company's website in the near future along with the Executive Note Book and Palm Size PC's previously announced by e-DMEC.
Shortly, e-DMEC will be placing procurement orders for inventory on these newest electronic products. Royal West will be adding these products to their list of products in negotiations and presentations to the "Club Chain" stores.
The Company announced that the Executive Note Book PC would to be available for sale on its website on September 15, 1999, and had placed its initial procurement order according to that announcement. Due to hard disk drive shortages in Taiwan, the first shipment to be received by the Company has been delayed for approximately fifteen days. However, e-DMEC is accepting orders on a first ordered first filled basis.
Also, the first Jade website loantobiz.com should be up on the Internet in the near future. The acquisition of Jade Capital is still in the due diligence stage, with
the completion of this website as one of the performance requirements of the acquisition.
The Joe Montana's health video titled, "Strong Mind Fit Body", is presently in negotiations to produce the infomercial.
"The addition of these three high tech products, to be featured on our website in the near future, is part of our continuing commitment to broaden the range of products
and services available to our website customers and alliances," stated James Lu, President and CEO of e-DMEC. "We are aggressively moving forward with the Company's turnaround by adding new products in the strategy of becoming a fully functioning e-commerce company."
Diamond is currently featuring its video line of products, including some of its other fine products and services on its e-commerce site .
Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, continued
acceptance of the company's products and services, increased levels of competition,
new products and technological changes, the company's dependence upon
financing, third-party suppliers and intellectual property rights, and other risks
detailed from time to time in the company's federal filings, annual report, offering
memorandum, or prospectus.
CONTACT: Marketex, Atlanta
Gary Swancey, 770/389-5645 (Investor Relations)
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