Recovery Network to Launch ''24Straight,'' a National Day of Prevention & Recovery With Support and Sponsorship From RecoveryNet Interactive, A&R on AOL, and Federal Government Agencies
SANTA MONICA, Calif.--(BUSINESS WIRE)--Feb. 19, 1999--Recovery Network Inc. (Nasdaq:RNET - news) Friday announced that A&R, the Addiction & Recovery Forum on AOL (NYSE:AOL - news), and RecoveryNet Interactive (www.recovery1to1.com, which will be operational on March 1) will launch a range of on-line activities in support of 24Straight, a national day of prevention and recovery scheduled for March 24, 1999.
Both A&R on AOL (keyword ''A&R'') and RecoveryNet Interactive will host celebrity chats and specialized chat rooms dedicated to discussion on prevailing behavioral and social disorders, as well as feature highlights and details of scheduled local and national events for 24Straight. Complete information may be found at www.24straight.org or on AOL at keyword ''24Straight.''
Federal government agencies, the Substance Abuse and Mental Health Services Administration (SAMHSA) and the Center for Substance Abuse Treatment (CSAT), have both committed financial backing and administrative support resources to Recovery Network for this major nationwide event to the American marketplace. Similarly, RecoveryNet Interactive will begin airing a series of public service announcements on several allied national cable networks to promote this government-endorsed Recovery Network grass roots initiative.
William Moses, chairman of Recovery Network, noted: ''Recognizing that substance abuse and its related social impact (child abuse, crime and domestic violence) costs the U.S. government in excess of one-half trillion dollars per year, 24Straight will seek to encourage individual self-determination and to shape societal attitudes while mobilizing the Country against a serious problem - a problem that is both preventable and treatable. Recovery Network is proud to have attracted such prolific government and corporate participation. The national marketing exposure Recovery Network will enjoy is not financially quantifiable. However, the opportunity for increasing shareholder value is nonetheless significant and ever present.''
The Recovery Network is a digital media company utilizing its cable television network currently being delivered into over 5 million U.S. households, Internet and telephony platforms to provide social and behavioral health programming, products and services to a national audience. The company's primary market are those impacted by social and behavioral problems that effect 100 million Americans at a cost to the economy in excess of one-half trillion dollars annually increased health care costs, crime and lost productivity. Recovery Network's National Partnership for Recovery and Prevention (NPRP) consists of over 50 prominent national health, recovery and prevention organizations such as Betty Ford Center, Child Welfare League, D.A.R.E. America and Community Anti-Drug Coalition of America that represent over 40 million people throughout the United States. Information on the company may also be found on the Internet at www.recoverynetwork.com. RecoveryNet Interactive is a joint venture of The Recovery Network, TCI Digital Health Group, a subsidiary of Liberty Media, and FHC Internet Services Inc.
Addiction & Recovery(tm) on AOL provides information, hope, and community for millions of recovering members on AOL and the Web. A&R is a production of J2S2 Online Productions based in Greensboro, N.C. J2S2 builds consumer medical communities online for the Web and AOL. A&R is a trademark and service mark of J2S2 Inc.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions, and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.
Contact:
Recovery Network Inc., Santa Monica Sandra Eddy, Vice President, 310/393-3979 or Continental Capital & Equity Corp., Longwood, Fla. Dodi Zirkle, 407/682-2001 dodi@insidewallstreet.com
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