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Thursday April 8, 11:41 am Eastern Time
Company Press Release
Jones Naughton Announces the Hiring
of Veteran Hotel Executive as New
President of COMMUNITY
MARQUEE
New Test Internet Kiosk Scheduled to Ship to
Travelodge in Macon, Georgia
Former Days Inn Vice President of Franchise Operations, James F. Cannon,
On Board To Spearhead Accelerated Kiosk Roll-out To National Hotel
Chains
LOS ANGELES--(BUSINESS WIRE)--April 8, 1999-- Joseph Naughton, Chairman of Jones
Naughton Entertainment, Inc. (OTC BB: JNNE - news) announced today that James F. Cannon of
Atlanta, Georgia has been hired as the new president of the COMMUNITY MARQUEE Division.
Mr. Cannon has over thirty years of experience in the hospitality, lodging and food and beverage
industry. A graduate of Cornell University with a Bachelor's of Science degree in Business and Food
Technology, Mr. Cannon brings to Jones Naughton stellar credentials in the hotel chain industry. He
is an eleven-year veteran of the Days Inn organization, serving as Vice President of Franchise
Operations.
Mr. Cannon's past experience includes senior level executive positions with Columbia Sussex
Corporation, Inc. (a Holiday Inn Franchise Group), Econolodge (Choice Hotels International, Inc.
(NYSE: CHH - news)) and Country Hearth Inns (a division of BuckHead America, Inc.,
(NASDAQ: BUCK - news)). Mr. Cannon's extensive network of contacts in the national hotel
industry will be an invaluable asset in maximizing the roll-out of the Internet kiosk business.
''We are very pleased to have an industry professional of Jim's caliber joining Jones Naughton,''
stated Joseph Naughton, Chairman, Jones Naughton Entertainment. ''His enthusiastic support of the
Internet kiosk concept should provide a significant endorsement of the future potential of the
COMMUNITY MARQUEE business model,'' concluded Mr. Naughton.
''The timing is perfect for the Internet kiosk business,'' stated Mr. Cannon. ''The national hotel
chains that are catering to business travelers and family vacationers are extremely receptive to the
internet kiosk concept. Adding advertising revenue on top of the usage fees should make each unit
extremely profitable early on,'' concluded Mr. Cannon.
Mr. Cannon announced the COMMUNITY MARQUEE's new Beta Test Internet kiosk will be
installed at the TRAVELODGE in Macon, GA by the end of the month. Gary Cross, CEO of Cross
Country Ventures, Inc. has enthusiastically endorsed the placement of the kiosk and Jones Naughton
looks forward to successfully working with the Travelodge Hotel Group.
In related developments, Jones Naughton announced that it has filed a Supplemental Complaint with
the San Bernardino County Court adding additional allegations against Amerinet Financial Systems,
Inc. These new claims are based upon Amerinet's recent shareholder's meeting which authorized
new shares to be issued and a merger of Amerinet into a wholly-owned subsidiary of a newly
formed Delaware Corporation; actions which Jones Naughton believes are extremely detrimental to
shareholder value. The management of Jones Naughton intends to aggressively pursue these claims
to compensate Jones Naughton for the economic harm incurred as the result of the actions of
Amerinet and its representatives.
ABOUT THE COMPANY
Jones Naughton Entertainment, Inc. is an information technology concern focused on combining
traditional marketing methods with the latest advancements in Internet technology. Through its
COMMUNITY MARQUEE Division, Jones Naughton provides interactive Internet, advertising
and media buying services to a growing number of clients across the country.
Jones Naughton has also begun installing Internet kiosks in various hotels and is aggressively
pursuing kiosk agreements with a number of national hotel chains.
Jones Naughton recently acquired GoOn-line.com, a Chico, California-based Internet company
specializing in the production of streaming video infomercials over the Internet. GoOn-line.com offers
Internet products and services to consumers via E-commerce solutions available on the World Wide
Web. GoOn-line.com is in the late stages of developing a virtual shopping mall Web site that will
feature products that have traditionally only been available from infomercial companies advertising on
broadcast television.
This press release contains forward-looking statements made pursuant to the safe harbor provisions
of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions
reflecting something other that historical fact involve risks and uncertainties. The actual results the
company achieves may differ materially from any forward-looking statements due to such risks and
uncertainties.
Contact:
Jones Naughton Entertainment Inc.
Joseph Naughton, 714/736-0988
Web site: www.JNNE.com
GoOn-line Web site: www.GoOn-line.com
or
PMR and Associates
Patrick M. Rost, 760/942-0015
PMRandCO@AOL.com
or
COMMUNITY MARQUEE Division
James Cannon, 770/394-6056
More Quotes
and News:
Buckhead America Corp (Nasdaq:BUCK - news)
Choice Hotels International, Inc (NYSE:CHH - news)
Jones Naughton Entertainment Inc (OTC BB:JNNE - news)
Related News Categories: banking, computers, entertainment, internet, leisure/travel, publishing,
real estate, retail, telecom
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