Subj: Netmaster Comments on Stock Trading Volume Date: 97-11-20 10:44:41 EST From: AOL News BCC: T0KY0 MEX
NEWPORT, R.I., Nov. 20 /PRNewswire/ -- Netmaster Group, Inc. (OTC Bulletin Board: NETZ) issued a statement today in response to numerous inquiries. Thomas Burgess, President and CEO of echoMEDIA Technology, Inc., Netmaster's principal subsidiary, said "During the past two weeks the company has announced numerous agreements and therefore has been deluged with e-mail and telephone requests for information." Mr. Burgess said, "While Madison Avenue and the advertising industry have been well aware for some time of NETZ's capabilities and leading edge technology, the investment community has only recently become aware of our business plans and the precise three faceted spectrum of our business -- Advertising, Internet commerce and automotive data systems." "We have been also been actively interviewing investment banking firms and expect to announce a firm shortly. NETZ also expects to seek a full listing on either the American Stock Exchange or NASDAQ National Listing." NETZ said it expects to announce additions to the Boards of NETZ and echoMEDIA next week. NETZ's current management includes alumni of DEC, Arthur Anderson and BMW. SOURCE Netmaster Group, Inc. CO: Netmaster Group, Inc.; echoMEDIA Technology, Inc. ST: Rhode Island IN: MLM SU:
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