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Microcap & Penny Stocks : MGVN - Radiotower.com

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To: John Veltheer who wrote (76)	4/29/1999 3:07:00 PM
From: John Veltheer	Read Replies (1) of 148

Are you guys all falling asleep out there? News today answers some of our questions: Magnum Ventures Inc. Admits Two New Members to the Board of Directors; Radiotower.com Releases Version 3.0 of Its Website Magnum Ventures Inc. Admits Two New Members to the Board of Directors; Radiotower.com Releases Version 3.0 of Its Website RED BANK, N.J. (April 29) BUSINESS WIRE -April 29, 1999--Magnum Ventures Inc. (the "Company") (OTC BB:MGVN) is pleased to announce the admission of two new Directors to its Board. The Company feels that due to the acquisition of Radiotower.com ("Radiotower") it is now a wise time to admit Directors with expertise in the fields of Web Broadcast and Finance. Paul Valkama graduated from Simon Fraser University with a degree in Communications. He also has a diploma in Information Technology from Capilano College. From 1996 to present he has been the President of SoftAd Communications Inc., a Web Site design firm in Vancouver, British Columbia, Canada. Alan Brown is a fifth level Certified General Accountant and belongs to the Certified General Accountant's Association of Canada. Radiotower has just released Version 3.0 of its Website. The user comments and feedback were noted and utilized to vastly improve the site. It is now easier to navigate the online directory of over 850 webcasting radio stations worldwide, using the built-in search capability. All stations listed may be tuned into directly from the site and information, descriptions and links to the station's home pages are also provided. Additional services to make Radiotower's site even more powerful will be added in the coming months. Note to Editors: The National Association of Securities Dealers has neither approved nor disapproved the information contained herein. CONTACT: Magnum Ventures Inc., Red Bank Corporate Relations, 877/454-0385 E-mail: kbrawley@radiotower.com

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