An old chestnut here ( NOTE: echoMEDIA's website can be found out of zulugroup.com ):
FOR RELEASE: Immediate
Star Medical Completes First Acquisition and Approves
Name Change
NEWPORT, RI, August 14, 1997 - Star Medical
Corporation (NASDAQ: SMDM) announced today that it
had completed the purchase of essentially all of the assets of
echoMEDIA, Inc.
The company will change the name to Netmaster Group, Inc.,
with the new symbol "NETZ" which shall become effective on
August 15, 1997.
echoMEDIA is an interactive multimedia, advertising services
company that specializes in delivering television commercials
to the World Wide Web. Echo develops innovative solutions
to meet the changing needs of advertisers and Web sites.
Echo has introduced four innovative products including
echoAD, echoRESPONSE Card (eRC), WebDeliver and
While You Wait. Soon to be released is echo's fifth and most
innovative product to date, opening the World Wide Web to
the power and impact of television commercials. Clients
include Kodak, United Airlines, Rodale Press, USA Today
and other Fortune 500 companies.
The company commenced operations in December, 1995,
and coined the phrase "REACH Them, TEACH Them,
HEAR Them, UNDERSTAND Them, SATISFY Them."
This captured the essence of echo's technology and
advertising services.
The new subsidiary of Netmaster will be known as
echoMEDIA Technology, Inc. and will continue to develop
and adopt advertising tools for commercial applications on the
Internet.
This new relationship will allow echoMEDIA to continue with
an aggressive sales effort that has already established alliances
with Web sites such as World Village, Jumbo, TEC Direct - -
and more.
This press release contains certain forward-looking statements
and projections (including statements including plans and
objectives of management for future operations and services,
and statements concerning expectations) information currently
available to management. The Company's actual results might
differ materially from the plans envisioned, or results projected
by, those statements if the company's assumptions prove to
be incorrect for a variety of reasons.
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