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Microcap & Penny Stocks : IHTL Innovative Holdings&Technologies Telemetry in Sports

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To: Dave Gore who wrote (476)5/17/1999 10:10:00 AM
From: chapin  Read Replies (1) of 689
 
some news.

(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 ***

Mitch
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