Wire JANUARY 2000 ISSUE OF PROFIT MAGAZINE FEATURES HARD-HITTING EXPOSE OF TEEN-REHAB CENTERS; A PROFILE ON INTERNET ANIMATION/FX SOFTWARE GIANT MACROMEDIA BUSINESS EDITORS PALM SPRINGS, CALIF.--(BUSINESS
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PALM SPRINGS, Calif.--(BUSINESS WIRE)--Dec. 1, 1999--
And a Look At California's Gold Country Golf Courses
A hard-hitting expose of so-called teen rehabilitation centers
rates the cover of Profit Magazine's first issue for the new
millennium, on sale nationally the week of December 20.
The January 2000 issue will be available in bookstores,
newsstands, and airports nationwide and in Canada. The magazine has
enhanced its reputation for publishing exclusive, groundbreaking
articles on subjects of interest to its upscale readership of
individual investors and business executives. Also featured are a
penetrating interview with Rob Burgess, chairman of skyrocketing
Macromedia; a shocking revelation of what's really going on with
Social Security; a prominent attorney's summary of the legal pitfalls
of starting an online business; and a report on a new service that
lets you buy blue-chip stocks with no broker fees whatsoever.
Profit Magazine was founded in 1995 as the brainchild of Jayne
Newell-Lanza, chairperson of O. Media Inc. (OTCBB:OMDA.O), the
communications conglomerate that purchased the publication earlier
this year. The magazine is known for its original content, addressing
the topics its audience cares about, ranging from portfolio management
strategies and industry trends to travel tips, innovations in health
and fitness, reviews of fine restaurants, and the latest fashion
trends around the world. Second, it provides content and insight not
available anywhere else, furnished by top journalists and analysts
digging for the important stories and news no one else has covered.
The magazine has seen consistent growth since its inception and has
gained notoriety for its unique format.
For the teen-rehab cover story, a persistent Profit Magazine
reporter succeeded in interviewing parents who have filed massive
lawsuits against the operators of some of these facilities. The
alleged abuses have ranged from beatings to psychological damage
resulting in the later commitment of teens to mental institutions. The
reporter also managed to infiltrate an internment camp in Mexico where
she observed firsthand the mistreatment of U.S. teens held there by
one of these rehab organizations. She discovered that parents are
paying up to $50,000 a year to have their children "helped" in
facilities she compares with Nazi concentration camps.
The Profit Magazine article on Macromedia (NASDAQ:MACR.O) traces
the company's growth into Internet dominance by developing innovative
software that makes it easy for Web site operators to create striking
special effects and animation. Since Burgess joined the corporation
four years ago, the price of its stock has increased tenfold and it
has little competition in the markets for which it has chosen to
produce products.
The magazine's January travel section features an eclectic mix of
destinations, including a look at the city of Darwin in northern
Australia, a roundup of interesting golf courses in the historic
gold-mining region of California, and a comprehensive description of
central Oregon's famous Sunriver Resort area and the neighboring ski
paradise, Mt. Bachelor.
In addition to publishing Profit Magazine, O. Media owns a
multitude of innovative Web sites, many of them part of the
conglomerate's ShesGotItTogether.com Women's Online Network.
Individual sites target such diverse subjects as investing for women,
help for new mothers and even a cyber soap opera and a cyber sitcom.
Note: Any statements released by O. Media that are
forward-looking are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Editors and
investors are cautioned that forward-looking statements involve risks
and uncertainties that may affect the company's business prospects and
performance. These include, but are not limited to, economic,
competitive, governmental, technological, and other factors discussed
in timelines.
--30--JS/np* EZ/np
CONTACT: O. Media Inc., Palm Springs
Telephone: 800/959-9122
Facsimile: 760/318-0807
E-mail: investor@go2omedia.com
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