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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 270.39-1.0%2:10 PM EST

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To: Stock Watcher who wrote (8626)5/13/1999 9:10:00 AM
From: Mudlogger  Read Replies (1) of 52051
 
GLMC network launch now official

CANNES, France, May 13 /CNW-PRN/ - Global Media (NASD OTC:BB GLMC)

(http://www.globalmediacorp.com)

Global Media is pleased to announce the launching of their much anticipated business model and operational e-commerce site on May 18, 1999. The site features the on-line sales of CDs, videos, audio and video streaming combined with other aggregated entertainment media products. The launch will be broadcast through the official live-at-Cannes webhoster www.liveonthenet.com which takes place on the morning of Tuesday, May 18th, 1999. The company's site is hosting a wide and robust selection of media products in a easy-to-order and compelling environment with the ability to choose from a catalog of mainstream and alternative niche genre's, including classical and non-traditional themes, in a showcase event at the 52nd Cannes Film Festival which includes a live press conference and a complete demonstration of its technology.

The launch will be broadcast live at the MITIC pavilion in Cannes which encompasses a large media event being attended by major and independent news sources. DDA Mediatek, a prominent entertainment public relations firm from Los Angeles is coordinating Global Media's launch and is also organizing all media in attendance.

President of Global Media Michael Metcalfe said today, ''Considering the size of the Cannes Film Festival and the magnitude of this annual event, Global Media can truly reach a worldwide audience that is completely focused on entertainment and the future of media delivery through the Internet. We have worked long and hard to achieve what is a complete e-commerce entertainment spectacle and are expecting that additional content to become available through this attractive highly creative environment.''

With the ability to stream the launch and the conference live, using its partner RealNetwork's (Nasdaq RNWK) technology, Global Media believes that a highly regarded media event and the available streaming technology will have a successful impact on its audience.

Global Media is a fully reporting issuer to the SEC and is listed on Standard and Poor's Corporation Records. The Company trades on the NASD OTC Bulletin Board under the symbol GLMC. The company also trades on the Berlin Stock Exchange under the symbol GLE.
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