****NEWS****NEWS****NEWS**** (BSNS WIRE) Magicinc.com to Launch Cybars.com Nightclub Network, in Fort La Magicinc.com to Launch Cybars.com Nightclub Network, in Fort Lauderdale, March 31, 2001
Business Editors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 27, 2001-- Magicinc.com (OTCBB:MAGC), today, unveiled plans for a mega network launch party at the height of Spring Break in downtown Fort Lauderdale. Magicinc.com's interactive nightclub division, Cybars.com, has reached an agreement with the owners of Tarpon Bend nightclub, with its prime storefront, located in the heart of Fort Lauderdale's hottest nightclub district. It is expected that the street traffic will exceed 75,000 locals and tourists. Cybar(R) cameras will be present in the club's kiosk or interactive "cybooth", a wide club interior, as well as a one of its kind Cybar(R) streetcam that will afford the Internet user a complete picture of the pinnacle night life of Fort Lauderdale. Plans for the launch include a press conference with the leading news publications, including the Fort Lauderdale Sun-Sentinel and City Link magazine with a demographic reach of over 300,000 subscribers. Other representatives of the press scheduled to attend include representatives of Deco Drive, a major South Florida entertainment-based primetime television news program on WSVN, Channel 7. Numerous other sponsors have agreed to participate in the launch. Cybars.com has entered into an agreement with Cheryl Depew, (Miss Hawaiian Tropic, MTV Singled Out) to host the event with live interviews. The Cybars(R) advertising broadcast will be featured on monitors in the club as well as on a wide screen display in the street. Over 50 radio spots will accompany the launch on Y-100, South Florida's premier radio station, with over 100,000 listeners, targeting potential subscribers to the network. Cybars.com also revealed its special launch offer of more than $100 in complimentary 2 for 1-drink specials, for the low price of $9.95 per month, which includes unlimited access to the network and its 10 Fort Lauderdale nightclubs. The Cybars(R) business model calls for a 10-club pod or Cypod to generate a total of 10,000 subscribers through its planned media campaign strategy in the Fort Lauderdale region with an ADI (area of dominant influence) of over 1,500,000 people. Regarding the upcoming launch, Gordon Scott Venters, CEO and President of Magicinc.com stated: "This will prove that our business model has serious validity in today's market place. The membership and advertising sponsorship, alone, should create substantial revenue for the Company." Robert Michael Ingria, President of Cybars.com contributed: "I am extremely excited by the opportunity Magicinc.com has afforded me with the introduction of the Cybars(R) interactive network and look forward to launching, what, I believe, is the future of nightclub patronage." Magicinc.com is an Internet entertainment holding company. Its core business strategy includes the acquisition of synergistic entertainment companies that provide content, merchandise and distribution aligned with the implementation and development of the world's first "interactive" Internet nightclub network, Cybars.com, "your nightclub connection." This news release contains statements that may be considered "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are inherently uncertain and the actual results may differ from management's expectations. For more information, please visit the Company's website at www.magicinc.com or
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CONTACT: PMR and Associates, Encinatas, Calif. Public Relations: Pat Rost, 760/942-0015, Fax 760/942-1581 e-mail: PMRandCo@aol.com or Magicinc.com, Fort Lauderdale Gordon Scott Venters, 954/764-0579, Fax 954/764-3620 e-mail: Magicfingers@Magicinc.com or Cybars.com, Fort Lauderdale Robert Michael Ingria, 954/764-0579, Fax 954/764-3620 e-mail: Magicfingers@Magicinc.com Cybars@aol.com
KEYWORD: FLORIDA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS ENTERTAINMENT INTERNET
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