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To: musicguy (23195 )
From: DR. MEADE Wednesday, Jun 3 1998 11:10AM ET
Reply # of 23277
Musicguy, you PMed me yesterday and asked why I recommended JNNE for
today .******** Now I suggest that you get in to TMMI, NVXE, INNI, MINE
very ,very quickly. More so, buy LOCH immediately
!!!!!!!!!!!!!!!!***********************************
To: Tom Dickson (250 )
From: dexx Wednesday, Jun 3 1998 10:56AM ET
Reply # of 251
Jones Naughton Press Release out on the news wire.
Jones Naughton Expanding to Las Vegas Promotional Market
Casino Deal Pending to Supply Jones Naughton's Unique "PROMO-CAM(TM)"
LOS ANGELES--(BUSINESS WIRE)--June 3, 1998--Jones Naughton
Entertainment, Inc. today announced that their marketing and advertising
division, Community Marquee, intends to enter the Las Vegas/casino
promotional market. Jones Naughton believes its direct connection to Las
Vegas' largest out-of-state customer base, Southern California
residents, will give them a jump start in promoting Las Vegas to
vacationers from San Diego to Los Angeles.
Jones Naughton, through its proposed Affiliated Marketing Services, Inc.
(AMS) acquisition, has the consumer base, market saturation and direct
mail infrastructure to generate a stream of Community Marquee
promotional campaigns which would be extremely attractive to the hotel
and casino industry. Initial discussions with the marketing divisions of
major casinos have yielded a significant level of interest in going
forward with Jones Naughton's unique marketing programs.
Community Marquee's strong marketing position in the Southern California
area, through AMS' SMART SHOPPER savings guide and the elegant night
life and entertainment guide THE ENTERTAINER AND LIFESTYLES MAGAZINE
(collectively with well over 2 million consumers/readers annually), will
provide a natural social link for vacation and gaming packages to Las
Vegas and Laughlin NV.
To launch Jones Naughton's expansion, the Community Marquee division is
expected to reach an agreement with a major Las Vegas Hotel and Casino
to supply Jones Naughton's first specialty item, the "PROMO-CAM(TM)," a
promotional camera which would feature the name of the Hotel or Casino
pre-printed on every developed picture. Jones Naughton stated that an
agreement should be signed with the Hotel and Casino in the very near
future.
Jones Naughton said it has signed an exclusive agreement with a major
Asian camera manufacturer to produce Community Marquee branded goods for
wholesale distribution to markets including Las Vegas and Southern
California.
Patrick M. Rost, Director of Business Development for Jones Naughton,
spoke on the Company's growth strategy saying, "I have eleven years of
experience in the import/export business and extensive contacts in the
Nevada gaming industry, I have rarely seen an opportunity where a
business so closely meets the demand. With AMS' solid customer base and
my industry contacts, we expect to generate significant business in the
Las Vegas promotional market."
Jones Naughton Entertainment (OTC Bulletin Board: JNNE - news), through
its COMMUNITY MARQUEE division, operates audio visual information
systems custom-designed to provide free, instant and site-specific
information to commercial businesses for advertising and marketing goods
and services in a wide variety of community forums. Current subscribers
to the system include the U.S. Army Recruitment Offices, Enterprise
Rental Car, Great Western Savings, National University, Manpower Inc.
[NYSE:MAN - news], Temporary Employment Agency, Round Table Pizza and a
host of independent businesses. Planned growth is through acquisition of
small specialized marketing companies in targeted markets nationwide.
Jones Naughton also receives royalty income from a program developed for
marketing financial services through mass market retailers.
This press release contains forward-looking statements which are made
pursuant to the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995. Expression of future goals and similar
expressions reflecting something other than historical fact involve a
number of risks and uncertainties, including timely development and
market acceptance of certain products and services, successful
integration of acquisitions, the ability to secure additional financing
and the ability to operate within the framework of available resources.
The actual results the Company achieves may differ materially from any
forward-looking statements due to such risks and uncertainties.
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