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To: Sly_ who wrote (1209)9/22/1998 8:29:00 AM
From: Sly_   of 2038
 
**USRF news release**

Tuesday September 22, 5:58 am Eastern Time
Company Press Release
SOURCE: Internet Media Corporation
USRF to Benefit from Recent FCC Ruling Permitting High-Speed Internet Access
BATON ROUGE, La., Sept. 22 /PRNewswire/ -- Internet Media Corporation (OTC Bulletin-Board: USRF) announced today that it would, in the wake of an FCC ruling permitting two-way communication on the Wireless Cable TV (MMDS) spectra, expand the development of its Wireless Internet technology to include cities where USRF already owns spectrum designated for Wireless Cable TV (MMDS) use, originally this spectrum was to be used in the development of cable TV systems. USRF's Wireless Internet system can be adapted easily for use in a wireless cable (MMDS) environment. USRF had previously announced that it would suspend efforts to exploit its wireless cable TV (MMDS) spectra, pending FCC approval of two-way communication.

''We have always been certain that the FCC would make this ruling, we just expected that it would be a year or two down the line,'' said David Loflin, USRF's President. ''This ruling opens the markets to more competition which we favor, and we remain extremely confident that our Wireless Internet system can compete effectively, in light of our low cost of system build-out,'' stated Mr. Loflin.

Prior to this FCC ruling, ''wireless'' Internet access in a microwave, or wireless cable TV(MMDS), setting was a misnomer in these systems, only outbound data is transmitted by microwave, whereas inbound data is transmitted by a traditional telephone line. Generally, the superior speed described by firms offering these ''wireless'' systems applies only to the outbound portion of transmissions, while the overall speed of these systems is substantially diminished by the telephone-line (inbound) portion of these systems.

USRF's technology is completely non-reliant on a hard-wire telephone line or cellular telephone system. It enables constant and mobile access to the Internet from any PC or laptop within the company's transmission area, at speeds ranging from two to 10 times faster than normal dial-up access.

This press release contains forward-looking statements which are subject to contingencies and uncertainties. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could prove to be inaccurate. Actual events, transactions and results may differ materially from anticipated events, transactions or results described herein.

For further information on Internet Media visit stockwire.com and internetmediacorp.com.

SOURCE: Internet Media Corporation

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