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Microcap & Penny Stocks : Cool Entertainment (CULE)

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To: john who wrote (462)3/10/2000 10:02:00 AM
From: CIMA  Read Replies (1) of 488
 
Friday March 10, 9:15 am Eastern Time
Company Press Release
SOURCE: Cool Entertainment Inc.

Cool Entertainment Inc. Retains Advertising Partner

BELLEVUE, Wash., March 10 /PRNewswire/ -- Cool Entertainment Inc., (OTC Bulletin Board: CULE - news), announced today that it has signed an exclusive agreement with Wise Ads New Media, Inc. to provide the Company with assistance and expertise in advertising, placement of banner ads, and sponsorships on its site.

Clement Lau, President Cool Entertainment Inc. stated, ``Wise Ads New Media has affiliations with several of the Internet's largest e-tailers and shopping sites. Its recognized expertise in selling eCommerce advertising space, allows WiseAds to provide a total solution for e-commerce websites, like Cool Entertainment, as well as for advertisers. This is an excellent alliance for Cool Entertainment as it should drive sales and deliver advertisers to our site.'

Jason Cohen, CEO of WiseAds said, ``Cool Entertainment is a fantastic addition both to our entertainment category and the network as a whole. We're thrilled that Cool Entertainment has chosen WiseAds for this opportunity.'

ABOUT WISE ADS INC.

WiseAds New Media, a Silicon Alley company established by Jason Cohen and Evan Stein, is the Internet's first and only eCommerce advertising network. Founded on the premise that eCommerce-advertising space represents the best place to advertise on the Web, the company redefines the term ``target marketing' for online advertisers. Through a series of strategic partner-site relationships, WiseAds' captive audience of online buyers is unparalleled in terms of quality and reach. WiseAds' strong relationships with and commitment to its partner-sites enables them to offer advertising opportunities that do not exist elsewhere. Finally, WiseAds works with each advertiser to identify goals, and to match those goals with the ideal demographic and category.

ABOUT COOL ENTERTAINMENT INC.

Cool Entertainment is a comprehensive, entertainment retail website, which will be offering a wide range of products including CDs, DVDs, videos, and video games. The website will also offer value-added services including online games, free e-mail accounts, and other entertainment. Cool Management is currently exploring additional distribution opportunities in Europe, Asia, Australia and Latin America. For further information, please visit: coolentertainment.com.

Statements about the Company's future expectations, including future revenues, earnings and transactions, as well as all other statements in the press release other than historical facts are ``forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results and other corporate developments could differ materially from that which has been anticipated in such statements.

SOURCE: Cool Entertainment Inc.
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