(BSNS WIRE) Maxnet and First Entertainment Holding Corp. in Promotion Ag Maxnet and First Entertainment Holding Corp. in Promotion Agreement Business Editors FREEHOLD, N.J.--(BUSINESS WIRE)--May 12, 1999--Maxnet, Inc. (OTC BB:MXNT), today announced an agreement with First Entertainment Holding Corp. (OTC BB:FTET) for cross promotion between MXNT's www.MaxPlanet.com and FTET's www.FirstEntertainment.com. "We are very excited about this relationship; we feel this affiliation adds another level of stickiness we're looking for which translates to more visitors, increased Ad sales, sponsorships and increased MAX! brand awareness," stated Robert Fuchs, VP of sales and marketing for MXNT. Additionally, MXNT officially unveiled its "new look" at maxplanet.com. Michael Marsowicz, CIO for MXNT stated, "We believe this new stream-lined approach may be the best format for our Users and most functional for navigational purposes. After completing the integration of Adforce tags, MaxPlanet Real Estate will be at a premium and much easier to sell." (BUSINESS WIRE - April 20, 1999 - MXNT signs agreement with Adforce for their premium Ad management services.) Adforce provides an end-to-end solution for major media sales organizations, advertising agencies, content publishers, and media buyers seeking to aggregate content for the purposes of scheduling, targeting, delivering, tracking, reporting, auditing and billing advertising on the Internet. The system leverages key strategic relationships, an advanced distributed architecture, and superior ad delivery and interface technology, thus providing the power to deliver more ads. More targeted, to more locations faster than any other system. About First Entertainment: First Entertainment Holding Corp. (OTC BB:FTET) is a fully reporting multi-media entertainment company and has divisions or subsidiaries operating in the areas of radio broadcasting and comedy clubs, as well as Internet based activities. It has been in the comedy nightclub business for eighteen years. Its subsidiary, Comedy Works, is the premier comedy club in the city of Denver. It has launched the careers of many young stand-up comics, including Roseanne Barr and has hosted national headliners including the likes of Jay Leno, Jerry Seinfeld, Ellen DeGeneres, and Tim Allen to name a few. Its radio property is a dominant force in the Gillette and northeastern Wyoming radio markets. First Entertainment can be accessed via the World Wide Web at www.FirstEntertainment.com. Maxnet, Inc. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services with offices in New Jersey and Florida. The Company, Maxnet, Inc. - MXNT releases information over the public news wire services. Any information that is disseminated by other methods other than by Official Company Release is not from Maxnet, Inc. - MXNT. For further information on Maxnet, visit their websites: maxplanet.com maxplanet.com maxplanet.com mxnt.com maxplanet.com Maxnet, Inc., MXNT is currently changing its name to reflect its new diversified Internet marketing business. Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements. This release may contain forward-looking statements, made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect results include the development and introduction of competitive technologies, the market awareness and acceptance of the Maxnet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with Maxnet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information. --30--jd/mi* CONTACT: Maxnet Inc., Freehold I. Goldreich, VP, 732/625-0770 KEYWORD: NEW JERSEY INDUSTRY KEYWORD: COMED INTERACTIVE/MULTIMEDIA/INTERNET ENTERTAINMENT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |