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Technology Stocks : VIDNET The new EBLD

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To: David Alan Cook who wrote (55)3/22/2000 10:05:00 AM
From: jeffrey rainey  Read Replies (3) of 89
 
Wednesday March 22, 7:02 am Eastern Time
Company Press Release
SOURCE: Vidnet
David Gassman to Head Major New Content Acquisition Effort For Entertainment Boulevard's Vidnet
LOS ANGELES, March 22 /PRNewswire/ -- Vidnet's presence in the entertainment community has taken a significant
step forward with the appointment of David Gassman, formerly an agent at talent powerhouse ICM, as Director, Content
Acquisition. Gassman will head Vidnet's major new campaign to create partnerships with film studios, record labels, TV
networks, sports and fashion entities, and others, to provide content for Vidnet's Web site (www.vidnet.com), which in turn
offers a high visibility promotional platform for those entertainment companies who want to expose their brands to the
exploding Internet marketplace through audio and video.

Los Angeles-based Vidnet provides the highest quality entertainment- related ``streaming media' (television-quality audio
and video) on the Internet. Through its network of Web sites, consumers can access music videos, movie previews, sports
broadcasts, short films and other programming on demand. Vidnet is a division of Entertainment Boulevard, Inc. (OTC
Bulletin Board: EBLDE - news). Today's announcement was made by Stephen Brown, founder and CEO, and Adam
Clampitt, VP, Business Development.

``Vidnet is going to the next level when it comes to allying itself with entertainment providers,' says Gassman. ``While at a
large agency such as ICM, I gained a knowledge of the landscape and the players across the entertainment spectrum and
got a jump start on new media. At Vidnet, we can show content creators that this is the best promotional vehicle on the Net
when it comes to streaming media, from the standpoint of quality and also that we reach a lot of eyeballs.'

Gassman points out that Vidnet is a content destination site that also syndicates its content, with real estate on some 30
other sites. Vidnet also offers its strategic partners backroom functions such as encoding for streaming audio and video.

Gassman, 30, began his career in 1995 in a traditional Hollywood way, in the mailroom at ICM. He soon became an
assistant to ICM's Chairman and CEO Jeff Berg and then an agent. Gassman had joined ICM immediately after receiving
his law degree from New York Law School, during which time he interned at both Polygram Records and New Line
Cinema in New York City. He completed his undergraduate studies at the University of Wisconsin in 1991.

For further information, please contact: Jennifer Gross or Kelly Cutrone of People's Revolution, Phone: 323-658-8700,
Fax: 323-658-8750 or Email: prelations@aol.com.

SOURCE: Vidnet
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