If you are looking for a company that has both long-term and short term revenues and has a life-time revenue producing royalty with a big-time company (COSTCO), then check out JNNE. They have news out on Business Wire today...
NEWS OUT ON JONES NAUGHTON (JNNE) - BUSINESS WIRE PRESS RELEASE
Jones Naughton Subsidiary Announces Publishing Deal with Major Real Estate Enterprise
----AMS to Publish "AMERICAN HOME MARKETING MAGAZINE"----
LOS ANGELES--(BUSINESS WIRE) -- July 21, 1998 -- Jones Naughton Entertainment, Inc. (OTC BB: JNNE) announced today that its wholly-owned subsidiary, Affiliated Marketing Services, Inc. (AMS) has been awarded a significant publishing contract from American Home Buyers Mortgage, Inc. (AHBM) to publish and distribute the "AMERICAN HOME MARKETING MAGAZINE."
The "AMERICAN HOME MARKETING MAGAZINE" is a monthly newspaper-style magazine printed in full color. AMS will distribute over 25,000 copies per month of the popular real estate guide through over 400 locations across San Diego County.
Affiliated Marketing Services, a newly formed subsidiary of Jones Naughton, will publish this elite real estate magazine. AMS President, Mr. Paul Hentschl, said, "This premier real estate publication will be a valuable asset to our family of media products, further expanding our marketing influence. We look forward to entering this market and believe our direct mail and publishing skills will help to further distinguish the 'AMERICAN HOME MARKETING MAGAZINE,' in the real estate market."
AHBM, through its numerous affiliates, offers discounted real estate services to home buyers in the San Diego County area. As a full-service publisher, AMS is uniquely suited to provide a wide range of copy, design, editing, display, and distribution services to the real estate industry. The "AMERICAN HOME MARKETING MAGAZINE" will benefit from AMS' strong presentation skills.
Jones Naughton stated that AHBM is a major real estate enterprise in the Southern California area and is the type of client the Company continues to pursue in building a strong relationship-oriented customer base.
This press release contains forward-looking statements that 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 risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
ABOUT THE COMPANY
Jones Naughton Entertainment (OTC Bulletin Board: JNNE - news), through its Affiliated Marketing Services subsidiary and AMS' COMMUNITY MARQUEE Division, provides multi-media publishing, advertising and media buying services. COMMUNITY MARQUEE also operates audio visual information systems custom-designed to provide free, instant and site-specific information for advertising goods and services in a variety of community forums. Current subscribers include the U.S. Army, Enterprise Car Rental, Great Western Savings, Manpower, Inc. [NYSE:MAN - news], Round Table Pizza and many others. Planned growth for Affiliated Marketing Services is through acquisition of small, specialized marketing companies in targeted markets nationwide. Additionally, Jones Naughton receives royalty income from a joint venture agreement with Royal West Sales.
24-HOUR AUTOMATED SHAREHOLDER INFORMATION: Phone (888) 209-7223
Patrick M. Rost, Director of Business Development and Corporate Communications
Jones Naughton Entertainment, Inc. Phone: 888/847-5663 ext. 13
Paul Hentschl, President
Affiliated Marketing Services, Inc. Phone: 619/259-1808 ext. 15
Joseph Naughton, Chairman, Jones Naughton Entertainment, 714/736-0988
www.jnne.com Investor Relations Website |
