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Gold/Mining/Energy : FASC (First American Scientific Corp)

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To: Lee Bush who started this subject5/3/2001 2:48:32 PM
From: dkgross   of 972
 
www.videomoviehouse.com to launch web site (FASC-OTC, BB)

VANCOUVER, May 3 /PRNewswire/ - C.L. Kantonen, Chairman of FASC is pleased to announce that the VideoMovieHouse.com web site, "The Premiere Virtual Video Store on the Web" is ready for launch.

The site features a full length feature film available "On Demand" plus previews of up and coming movies, an extensive data base of current and hard to find videos (and DVD's) for sale and reviews on selected titles. Future attractions being added are a full service video rental service, music videos and star search, where new artists can showcase their work.

According to Steve Gaspar, Project Manager, "we are all extremely excited that the job is finally done. The site was built from the bottom up; we developed all our own content, produced all our own graphics, and did all our own technical work, all on a tight budget. As a result, we have no long-term obligations for content and service providers and our own high capacity, dedicated server.

In the face of many similar dot.coms spending huge amounts and then failing, we will flourish because we are not overburdened with high costs and high overhead. Video on demand is the wave of the future and we are on the leading edge. This can and will be a million dollar E-commerce business delivered at a fraction of the cost of other sites."

The initial launch will be a soft launch for selected industry participants who will provide feed-back and constructive criticism followed by a full launch to the public on May 15, 2001.

Certain information and statements included in this release constitute forward-looking statements within the meaning of Federal Private Securities Litigation Reform Act of 1995. ON BEHALF OF THE BOARD OF DIRECTORS C.L. Kantonen (Chairman) FASC: (NASD Bulletin Board) Web Site: www.fasc.net SOURCE First American Scientific Corp. -0- 05/03/2001 /CONTACT: Corporate Communications, toll free 877-778-7101, 800-561-8656; To request a free copy of this organization's annual report, please go to www.newswire.ca and click on reports@cnw./ -- VA270 -- 1647 05/03/2001 13:20 EDT prnewswire.com Copyright PR Newswire 2000. All rights reserved.
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