Ok Guys we are sleeping on the job or lurking ...
Did not have time to clean this up but here ya go..
Paul
News June 3, 13:13 Eastern Time
LOS ANGELES (June 3) 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.
AUTOMATED SHAREHOLDER
COMMUNICATION SYSTEM 1-888-209-7223 |
