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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)

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To: Elio Madama who wrote (3877)5/23/1999 2:28:00 PM
From: Elio Madama  Read Replies (2) of 6957
 
To refresh everybody memory, this was the Press Release about the NEW computer.

diamond-entertainment.com

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(COMTEX) B: Diamond Entertainment Announced Exclusive Marketing for N
B: Diamond Entertainment Announced Exclusive Marketing for New 6 1/4" Screen
High Performance PC Executive Notebook Computer

CERRITOS, CALIF. (May 6) BUSINESS WIRE -May 6, 1999--Diamond
Entertainment (OTC BB:DMEC) is in the business of distributing and
selling videocassettes, general merchandise, a patented flying toy
"Zoombie," furniture, and Cine-Chrome gift cards, is pleased to
announce the signing of an exclusive marketing agreement for a new 6
1/4" Screen High Performance PC Executive Notebook Computer from a
manufacturer in the Orient.

This revolutionary product is designed to provide maximum performance
as a desktop-replacement computer, which can be conveniently
transported since it is half the physical size of a standard notebook
computer. It is ideal for executives on the move who require
performance, flexibility, portability and innovation at competitive
prices. This fully functional product is half the size of a standard
notebook computer. Because of its small size and low profile, it can
easily fit into a small briefcase or attache case without taking up
valuable space. Its hardware consists of a 233 MHz CPU, 6 1/4-inch
screen, 32 MB RAM, 1.6 GB hard drive, touch screen technology,
replicator, PCMCIA modem card, carrying case and is powered by A/C or a
heavy duty battery that has a use life of 4 hours before requiring
recharging. Windows 98 operating system comes installed for immediate
utilization.

This product is set to launch in July just in time for back to school
and the holidays. Not only will Diamond aggressively pursue the major
retail chains but also feature this product on their upcoming
e-commerce site e-dmec.com.

"We are delighted to enter into the computer market with this new
innovative High Performance PC Executive Notebook, especially through
our upcoming e-commerce site," stated James Lu, CEO of Diamond
Entertainment. "The market for this computer is huge and Diamond
intends to be a significant player in the PC marketplace."

Safe Harbor Act Disclaimer: This release may contain forward-looking
statements that involve risks and uncertainties, including, without
limitation, continued acceptance of the company's products and
services, increased levels of competition, new products and
technological changes, the company's dependence upon financing,
third-party suppliers and intellectual property rights, and other risks
detailed from time to time in the company's federal filings, annual
report, offering memorandum, or prospectus. Note to Editors:
"Cine-Chrome" is usually spelled with an asterisk rather than a hyphen.

-0- lr/da*
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Elio




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