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(BSNS WIRE) Wall Street Reporter.com Interviews Helmut Wyzisk, President Wall Street Reporter.com Interviews Helmut Wyzisk, President & CEO of Innovative Holdings & Technologies Business Editors WINTER PARK, Fla.--(BUSINESS WIRE)--May 17, 1999--Innovative Holdings & Technologies, Inc. (OTC BB:IHTL), has announced that Helmut Wyzisk, President & CEO of Innovative Holdings & Technologies, Inc. was interviewed by the Wall Street Reporter. This interview can be heard in its entirety beginning on Monday, May 17, 1999 on the Internet at Wall Street Reporter's web site: wallstreetreporter.com. Mr. Wyzisk discusses IHTL's subsidiaries, including the advancement of Xtreme Telemetry Systems, Inc.'s sports telemetry technology, and the development of SEN1.com, the company's new Internet sports and entertainment network. He details how these subsidiaries are developing strategic alliances and relationships with worldwide sports sanctioning bodies and network television and Internet broadcasters. "IHTL is aggressively developing strategic alliances and joint ventures with key corporate players and broadcast networks like ESPN/ABC (NYSE:DIS), Fox (NYSE:FOX) and Turner Broadcasting (NYSE:TWX). Internet applications will be on IHTL's SEN1.com which will offer live programming like Broadcast.com and CBS Sportsline.com (NASDAQ:SPLN)," said Mr. Wyzisk, "This will enable IHTL to leverage its technologies and apply it to sports venues worldwide." Innovative Holdings & Technologies, Inc. identifies, acquires and incubates early stage niche technology companies with outstanding growth potential. The Company is also creating a worldwide Internet sports network, SEN1.com, which is billed as "the total Internet sports experience," providing virtual real time participation for Internet users in sporting events, user-friendly on-line games, e-commerce and face-to-face audio and video chat rooms. Valu-net Corporation of Toronto, Canada, is working with IHTL to develop and market this new virtual, real-time sports network on the World Wide Web. IHTL's Xtreme Telemetry Systems, Inc. subsidiary offers TV and Internet broadcast viewers real-time data on an athlete's physical condition, equipment performance, and relevant environmental information, which will be broadcast on the new Internet sports network. The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here. --30--cp/mi* CONTACT: Innovative Holdings & Technologies, Inc., Winter Park Scott Flynn, Investor Relations 888-338-3367 KEYWORD: FLORIDA INDUSTRY KEYWORD: COMED ENTERTAINMENT INTERACTIVE/MULTIMEDIA/INTERNET SPORTS 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 ***
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