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Microcap & Penny Stocks : NEWS ALERTS...Morning plays posted before 9:30

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To: Lance who wrote (411)10/28/1998 8:51:00 AM
From: DOC  Read Replies (1) of 931
 
USRF news out. Could see some action

Wednesday October 28, 6:00 am Eastern Time
Company Press Release
SOURCE: Internet Media Corporation
USRF Delivers First ISDN-Speed Internet Access in New Mexico
BATON ROUGE, La., Oct. 28 /PRNewswire/ -- Internet Media Corporation (OTC Bulletin Board: USRF - news) announced today that it had placed its first Wireless Internet customer on-line in Santa Fe, NM, thereby making history. USRF's Santa Fe customer can, for the first time in the State of New Mexico, access the Internet at ISDN-equivalent speed. Except for the USRF Wireless Internet service, there is no ISDN Internet service available for individual access in that State.

''We are very excited to launch our Wireless Internet Service Provider (ISP) in Santa Fe, because we can now offer a much demanded service that, at least in New Mexico, U S West (NYSE: USW - news) simply does not offer, that is, ISDN-equivalent-speed access to the Internet,'' said David Loflin, USRF's President. ''Our first customer is very pleased -- the customer was able to discontinue use of its dedicated telephone line and its associated cost, and install our Wireless Internet system, which ties directly into our Internet pipeline. Much of the delay in traditional wire-based Internet access methods occurs between the customer and the ISP's server, and our wireless system completely bypasses that congestion,'' added Mr. Loflin. ''When I first saw the reaction of Santa Fe ISP veterans to our Wireless Internet system, I became more certain that our wireless service would be very popular in Santa Fe. The businesses that we have talked to can't wait to get ISDN, or even T-1, access speed to the Internet, without having to call the phone company. As our marketing takes hold there, based on our conversations around Santa Fe, we are anticipating a great response from customers.''

David Loflin reiterated that, since there is no ISDN service to individuals anywhere in the State of New Mexico, USRF expected that its Wireless Internet service would be even more attractive to customers. ''Internet Media can and will fill the ISDN void by providing ISDN, or faster, equivalent speed though its Wireless Internet system. Internet Media is now in position to meet the demand for ISDN-equivalent speed in the Santa Fe area immediately and in other New Mexico cities in a step-by-step fashion as we continue our expansion plans over the next few years. Santa Fe now has its first '21st-Century ISP' -- one that is wireless, dependable, cost-effective and fast,'' concluded Mr. Loflin.

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 a particular Wireless Internet 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, please visit:
internetmediacorp.com

SOURCE: Internet Media Corporation
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