jud, nice news from GNNX [B] Genesis Media, World Dot Com to develop Internet ad venture
By Bridge News
New York--Apr 15--Genesis Media Group Inc. is in the process of structuring
an Internet advertising joint venture agreement with World Dot Com Inc.
* * *
The following is the text of today's announcement with emphasis added by
Bridge News. BridgeStation links to company data have been inserted at the end:
Genesis Media Group, Inc., Is Structuring an
Internet Advertising Joint Venture Agreement
LOS ANGELES, April 15 -- GENESIS MEDIA GROUP, INC. (OTC BULLETIN BOARD:
GNNX) IS PROUD TO ANNOUNCE THAT THE COMPANY IS IN THE PROCESS OF STRUCTURING AN
INTERNET ADVERTISING JOINT VENTURE AGREEMENT WITH WORLD DOT COM, INC.
Genesis is an entertainment advertising company, with full service editing
and production services.
World Dot Com, Inc., is a New York based firm, focusing on high speed, wide
band Internet connectivity, to include Web site design, with a high degree of
expertise and ability in Internet advertising, distribution and marketing.
world123.net
Genesis will grant World Dot Com, Inc. the exclusive Internet distribution
and advertising rights of all Genesis current and future product lines.
Based on this Agreement with World Dot Com Inc., Genesis will now be able to
provide Internet Streaming Video and Audio Services for its clients, which is
without question the wave of the future for viewing movies, educational
material, sports
, business, and all other film and video/audio products.
With the combined efforts of Genesis and World, Genesis can also provide its
clients with end-to-end solutions-software, hardware, bandwidth, technical
expertise, production and marketing.
World Dot Com is currently structuring a network infrastructure to deliver
or "stream" hundreds of live and on-demand audio and video programs over the
Internet on a world-wide basis.
World Dot Com's unparalleled distribution network with both uni-cast and
multi-cast delivery, will be able to support the largest simultaneous multimedia
audience on the web.
Delivery of information is often more important than the actual products or
services a business sells. Deploying critical information to customers,
shareholders and employees is part of all businesses anywhere in the world.
Delivering high quality information efficiently, rapidly, and effectively is the
business of World Dot Com.
Safe Harbor Act Disclaimer:
The forward-looking statements in this release involve risk and
uncertainties, including but not limited to the successful completion of the
projects. Successful completion of these projects are subject to the number of
uncertainties and unforeseen events. And there can be no assurances of the
goals of the company stated herein may be realized.
Forward-looking statements represent the company's beliefs and expectations
concerning future events. These forward-looking statements are qualified by
important factors that could materially impact the company's business and its
abilities to complete these projects.
For information: Contact Genesis Media Group, Inc. (310) 665-0221
SOURCE Genesis Media Group, Inc.
/CONTACT: Genesis Media Group, Inc., 310-665-0221/
/Web site: world123.net
End
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[symbols:US;GNNX]
Apr-15-1999 16:36 GMT
Symbols:
US;GNNX
Source [B] BridgeNews Global Markets
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