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Technology Stocks : ISDN - GlobalNet Systems

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To: Dave Gore who wrote (127)6/16/1998 7:42:00 AM
From: bob  Read Replies (2) of 227
 
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[ Business | US Market | Industry | IPO | S&P | Int'l | PRNews | BizWire | Finance Home ]

Tuesday June 16, 7:02 am Eastern Time

Company Press Release

SOURCE: On-Line Entertainment Network, Inc.

On-Line Entertainment Network, Inc. (www.oen.com) Joins
Radio Spirits, Inc. in Exclusive Internet Licensing Agreement

New Agreement Features Vintage Radio Shows By Such Entertainers as
'Burns & Allen,' 'Jack Benny,' and 'Abbott & Costello' Via OEN's
Internet-Based Entertainment Destination, 'SongQuest'
(www.songquest.com)

LOS ANGELES, June 16 /PRNewswire/ -- On-Line Entertainment Network, Inc.
(www.oen.com), a wholly-owned subsidiary of GlobalNet Systems, Ltd. (OTC Bulletin Board:
ISDN - news), announced an exclusive pay-per-listen and merchandising agreement today with
pre-eminent archival marketer, Radio Spirits, Inc. to offer vintage radio programming over the
Internet on an On- Demand/Pay-Per-Listen basis.

OEN's one-of-a-kind, Internet-based ''SongQuest'' system delivers full CDs and tracks, samples
as well as live shows and special events on an audio-on- demand/pay-per-listen basis, 24 hours
a day, seven days a week, 365 days a year. The over 100 hours of vintage radio shows in their
original half-hour format, will join OEN's continually-growing listening library of music and
comedy from such companies as Warner Brothers Records, Atlantic Records and National
Lampoon, among others. Listeners will be able to purchase and listen to a selection of the
original half-hour shows from Radio Spirit's extensive catalog, including ''Superman,'' ''The
Lone Ranger'' (featuring Clayton Moore), ''Dragnet,'' ''Gunsmoke,'' ''The Jack Benny Show,''
''The Burns & Allen Show'' and many more.

Radio Spirits will have their own area created on the OEN ''SongQuest'' site which will offer
vintage radio's many fans an extensive selection of CDs and cassettes containing their favorite
shows. All of Radio Spirit's products will be available for purchase using OEN's unique Virtual
Entertainment Card (VEC), which provides speedy, secure transactions without interrupting the
listener's vintage radio experience.

''There is a tremendous audience for these classic radio shows and the fans transcend all age
groups,'' said Ted Mather, President of On-Line Entertainment Network, Inc. ''Due to the
cutting-edge audio technology utilized by OEN, fans will be treated to the highest-quality audio
on the Internet for presentation of this vintage programming. We are extremely excited to be able
to offer such a unique and historical genre of entertainment to our listeners.''

Carl Amari, CEO of Radio Spirits, Inc. commented on the deal with OEN by saying, ''Working
with OEN to present old-time radio on the web is a win-win for everyone. It's the perfect
medium for presenting the vast majority of golden age radio shows to a welcoming audience.''

The ''SongQuest'' system features On-Demand/Pay-Per-Listen entertainment in a wide variety of
genres, which include an ever-growing library of live concerts and events, numerous full-length
CDs and singles, comedy shows and now, over 100 hours of the best in vintage radio.

Radio Spirits, Inc. archives and markets classic radio programming ranging from the 1930's to
the 1950's. The company produces a syndicated radio show airing nationally on over 300
stations and consisting of original broadcasts hosted by Radio Hall of Famer Stan Freberg. The
company also operates a successful direct-mail and wholesale divisions.

SOURCE: On-Line Entertainment Network, Inc.

More Quotes and News:
Globalnet Systems Ltd (OTC BB:ISDN - news)
Related News Categories: entertainment, internet
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