The Entertainment Internet Inc. Engages Sierra Systems for Castnet.com Web Site Development
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LOS ANGELES--(BUSINESS WIRE)--June 28, 2000--The Entertainment
Internet Inc. (TEI) (EQS:EINI) confirmed today the engagement of
Sierra Systems Group Inc. (TSE:SSG) for systems analysis,
re-programming of its Castnet.com(TM) Web sites and portals.
Sierra Systems Group Inc. is one of the nation's leading
technology consulting and systems integration firms, recognized for
its cutting-edge "e-relationship management," seamless integration of
business applications and technical expertise.
Sierra Systems' reputation for delivering world-scale business
solutions has been earned over 33 years of service to many of the most
respected organizations in the government, financial services, health
care, justice, telecommunications and utilities sectors.
According to TEI Co-chairman Mohamed Hadid, "The redesign,
reprogramming, and revitalization of the Castnet.com(TM) Web sites and
portals is a team effort that requires a synergistic blend of talents.
Sierra Systems Group has a proven record of success with our branding
agency of record, Pittard-Sullivan, and can scale its resources to
meet our production deadlines."
TEI Chief Operating Officer Jeremy Schuster said, "The engagement
of Sierra Systems followed a vendor rating and evaluation process that
took place over two fiscal quarters; TEI proceeded with caution
because of the enormity and critical nature of the undertaking, and is
confident that Sierra Systems will deliver a system which ultimately
positions the corporation well-ahead of any perceived competitors."
TEI expects first deliverables from Sierra later this month.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This release contains forward-looking statements
involving risks and uncertainties that may cause actual future events
or results to differ materially and adversely from those described in
the forward-looking statements. Important factors that may cause such
a difference for The Entertainment Internet Inc. include, but are not
limited to, risks of delays in preparation and introduction of new
services; dependence on outside and third-party service providers,
consultants, and attorneys; dependence on third-party software
developers for a significant portion of new products and services;
risks of rapid technological change and platform change; intense
competition; risks of product defects; dependence upon licenses from
third parties; risks associated with present and future capital
requirements; dependence upon key personnel, and risks associated with
domestic business, intellectual property disputes and other factors
discussed in the company's filings from time to time with the
Securities and Exchange Commission. The Entertainment Internet Inc.
disclaims any obligation to revise or update any forward-looking
statement that may be made from time to time by it or on its behalf.
CONTACT: The Entertainment Internet Inc.
Elizabeth Cantu, 323/857-9820
info@eini.net
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