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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE )

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To: JP Jouver who wrote (938)3/15/2000 10:41:00 AM
From: Rory McLeod   of 1063
 
Damn, can't believe I'm first with this:

Company Press Release
Go Online Kiosk Division Expands to Shopping Mall Market and Major Market Hotel Initiative
BUENA PARK, Calif.--(BUSINESS WIRE)--March 15, 2000--Joe Naughton, Chairman of Go Online Networks Corp. (OTCBB:GONT - news) today announced the company has completed the purchase of two major Internet kiosk sites from JRB Information Services of Lithonia, Ga.

The first site, which will now offer the Go Online Internet Kiosk service, is the Marriott Marquis Hotel located in the heart of downtown Atlanta. JRB currently services this 1,675 room hotel of distinction with two Internet access units. On Feb. 1, 2000 Go Online management announced the initial testing of the major hotel market when they signed an agreement to service the Hyatt Regency, also in downtown Atlanta. Service to the Hyatt Regency is scheduled to commence on May 1 of this year.

The second site acquired in the agreement scheduled to now offer the Go Online Internet service is for patrons of the South Lake Mall located in Morrow, Ga. South Lake Mall is a regional 1,200,000 square foot mall featuring over 120 retail stores anchored by JC Penney's, Sears and Rich's Department Stores. The mall attracts more than 12,000,000 visitors annually.

Jim Cannon, director of operations for Go Online Kiosk Division stated, ``Our company's focus remains centered on our core immediate hotel market, but we will continue to expand our Internet kiosk service to other growth markets we feel we have the expertise to service.'

Naughton stated, ``These acquisitions are the natural outgrowth of our previously announced marketing alliance with JRB. We will work together with the mall operator to develop new prototype units for this endeavor. We expect those prototypes to replace the current units in September of this year.'

About Go Online Networks Corp.

Go Online Networks Corp. (OTCBB:GONT - news) is a Buena Park Internet technology and marketing concern consisting of core Internet divisions, Go Online Kiosk Division, ShopGoOnline.com, GoOn-line.com Business to Business Division and Auctionomics.com.

Go Online Kiosk Division

The Go Online Kiosk Division owns and operates audiovisual Internet Kiosk systems custom-designed to provide consumers access to the Internet from public locations throughout the United States. The current focus is on obtaining multi-year exclusive site agreements from national hotel franchises. Consumers can access the Internet by paying with cash or credit card and can surf the World Wide Web or send and receive e-mails. Additional revenues can be obtained by selling screen saver, banner ads and pop-up advertisements.

ShopGoOnline.com Division

ShopGoOnline.com is an e-commerce business offering a wide variety of consumer products to Cyber Shoppers. Many products are displayed using state-of-the-art streaming video and audio technology enhancing the shopping experience with rich media.

GoOn-line.com (Business to Business Division)

GoOn-line.com Business to Business division offers design packages to help bring businesses to life on the Internet. Whether searching for a corporate identity, establishing a presence on the Web, or seeking a venue for selling and servicing products on-line, the experts at GoOn-line.com can make it happen. Each client will be given customized service, along with comprehensive technical support.

Additional services in graphic design, computer programming and Web site development serve to create custom and unique presence for client companies. Services offered will include the state-of-the art multimedia, proven e-commerce solutions, integrated database applications and new media.

Auctionomics.Com

Auctionomics.Com is an e-commerce auction site that gives buyers through a referral site developed with ClassifiedAuctions.com.

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
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