The Entertainment Internet, Inc. Elects Michael Zwebner To Board of Directors
Business/Entertainment Editors
LOS ANGELES--(BUSINESS WIRE)--June 28, 2000--The Entertainment Internet, Inc. (TEI) (EQS:EINI) confirmed today the election of Michael J. Zwebner to its Board of Directors.
Zwebner currently serves as the Chairman of the Board of Directors of Talk Visual Corporation (OTCBB:TVCP) and earlier offered to assist TEI in furthering the turnaround plan undertaken last year.
TEI Co-chairman Mohamed Hadid said, "Election of Mr. Zwebner represents another step forward in the restructuring of the Corporation's business plans."
Prior to his election, Zwebner conducted due diligence inquiries that included review of the corporation's capital structure, prior transactions, current commitments, and interviews with subsidiary corporation staff. Throughout the due diligence process, Zwebner retained his belief that TEI has not yet realized more than a fraction of its potential and that he could assist in moving TEI toward its profit-making goals.
TEI Chief Operating Officer Jeremy Schuster said, "Mr. Zwebner understands the roles of e-commerce and strategic relationships in our new business model; his years of marketing experience can only complement the initiative we undertook last July. The Board welcomes Mr. Zwebner and looks forward to his continued involvement."
Currently, TEI's subsidiary operates the Castnet.com(TM) electronic communities that help actors, casting directors and talent agents electronically communicate with each other and receive instant responses to specialized data searches. TEI's Castnet.com(TM) systems provide users with access to a sophisticated virtual private network that offers security, performance and reliability matched to the needs of the entertainment industry.
TEI's database resources and Castnet.com(TM) services are used by more than 300 casting directors, 185 guild franchised agencies and 32,000 actors across the United States, with additional subscribers being added daily. The Castnet.com sites have the approval of the Producers Guild of America.
Tony Cataldo Resigns Position as President of The Entertainment Internet, Inc. (TEI)
actors.castnet.net
LOS ANGELES, Jan. 14 /PRNewswire/ -- The Entertainment Internet, Inc. (TEI) (OTC Bulletin Board: EINIE) announced today that the resignation of Mr. Tony Cataldo, earlier offered in conjunction with cancellation of a proposed TEI-Miracle Entertainment (OTC Bulletin Board: MVEE) merger, was accepted by TEI's Board of Directors. Mr. Cataldo served as TEI President and a member of its Board of Directors. TEI Chief Operating Officer Jeremy Schuster said TEI and Miracle Entertainment will continue to work together through earlier-executed casting agreements.
December, 1999
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