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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kendall harmon who wrote (19382)12/1/1998 12:08:00 PM
From: lizard lick  Read Replies (1) of 120523
 
congrats,,, interesting news, on a very small player in the internet sector that has a chance, related to wavo news,,, check out

USRF
USRF Announces Third
Generation Wireless Internet System; To File for
Patent Protection

BATON ROUGE, La., Dec. 1 /PRNewswire/ -- Internet Media Corporation (OTC Bulletin
Board: USRF - news) announced today that it has completed development of the Third
Generation of its proprietary Wireless Internet System. Also, USRF intends to file for patent
protection of its Wireless Internet System as soon as practicable.

USRF's Third Generation Wireless Internet System brings lower operating costs of a particular
system to the customer level. Whereas the second generation Wireless Internet System
facilitated costs savings in the installation and implementation of a particular system, this Third
Generation Wireless Internet System permits quicker and less-expensive customer
installations.

''We have now refined our Wireless Internet System to the point that it is time to file for
patent protection, as we have now been able to minimize costs throughout a particular
system,'' said David Loflin, USRF's President. ''At the customer level, USRF's system is now
essentially plug-and-play, which creates more options for marketing USRF's Internet service
in a particular market. Because of the lower per-installation costs associated with the Third
Generation System, we are contemplating a marketing approach similar to that used by cellular
telephone companies, that is, the use of authorized retailers throughout a particular market,''
Mr. Loflin continued. ''This strategy would be designed to penetrate the at-home-user market
segment, while we will implement a more traditional sales approach in acquiring the more
lucrative commercial accounts, where there is a demand for faster, more cost-effective data
transmission capabilities,'' concluded Mr. Loflin.

In conjunction with the marketing of USRF's Third Generation Wireless Internet System in a
particular market, USRF will offer its proprietary Wireless DataLink System, which is
designed as a less-maintenance-intensive alternative to traditional, dedicated hard-wire data
transmission systems that are required to transmit high volumes of data.

This press release contains certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, 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 www.internetmediacorp.com.
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