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Technology Stocks : ISMR an OTC for long?

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To: SCOOBEY-DO who wrote (79)8/2/2000 9:34:17 PM
From: SCOOBEY-DO  Read Replies (1) of 81
 
VentureNet, Inc. Assists in Developing Strategic Plan To Take Talk America Public

TEMECULA, Calif., Aug. 2 /PRNewswire/ -- VentureNet, Inc. (OTC Bulletin Board: VNTN) (www.vntrnet.com), a Delaware Corporation, announced today that it is in negotiation with Talk America Radio Networks to assist in developing a strategic plan to take Talk America public.

Talk America Radio Networks is the only provider of radio programming that operates two fully independent programs of radio content 24 hours per day and 7 days per week. In addition, it operates the World Web News Network with 63 affiliates that provide radio stations a full 6 minutes newscast of sports and local weather as well as 3 minutes of news and national weather at the bottom of each broadcast hour.

Talk America currently has 453 domestic affiliates and 21 Canadian affiliates. It operates from a state-of-the art facility located in Las Vegas, Nevada. For more information, please visit: www.talkamerica.com.

VentureNet, Inc. specializes in providing financing and management expertise to pre-public and public emerging growth companies, demonstrating a high growth potential. The core of our business is bringing together companies and value seeking investors an opportunity for substantial returns, while helping the most promising companies realize their visions for the future.

VentureNet, Inc. is a venture capital firm that specializes in funding early stage and first round financing for consumer and technology based companies.

For further information, contact Tammy Billington in shareholder relations at 909-296-9945.

Safe Harbor Statement

The foregoing press release may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The Federal securities laws provide a limited "safe harbor" for certain forward- looking statements. Forward-looking statements in this press release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.

SOURCE VentureNet, Inc.

/CONTACT: Tammy Billington, Shareholder Relations for VentureNet, Inc.,
909-296-9945/
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