Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: Safe Cents who wrote (4448)	6/10/1999 3:00:00 PM
From: EZ ED	Read Replies (1) \| Respond to of 4767

ETPI's Hero's WaterWorld Water Park Opens To Record Crowds Positive Cash Flow Realized In First Week Of Operations June 10, 1999 02:37 PM MIDLAND, Texas, June 10 /PRNewswire/ -- Entertainment Technologies & Programs, Inc. ETPI (ETP) today announced record attendance during opening week at its newly renovated Hero's WaterWorld in Midland, Texas. The water park opened on Memorial Day weekend, as scheduled, and was met with media coverage on all major television stations and local newspapers. Doug Butcher, Chairman and CEO of ETP, stated, "We have seen tremendous public support for the water park. The funding we received has enabled us to complete all of the renovations and improvements to the water park as scheduled. Our efforts have been rewarded with substantial sales of season passes. Word of mouth is spreading from the people who have visited our park and have seen the tremendous improvements we have made to the facility." Butcher continued, "In only one week of operations, we are realizing a positive cash flow of 25-to-30 percent of all income received. And we expect customer traffic to continue to increase as we progress into the summer months." Continued aggressive support from the media is scheduled. Hero's WaterWorld is also booking several companies for corporate parties and outings. Butcher stated, "A byproduct of the success we are having at the water park is the extension of branding and recognition for Hero's name." Through its four subsidiaries, Entertainment Technologies and Programs, Inc., provides a broad range of entertainment services, including club development and management,sound and lighting equipment, arcade games and family entertainment centers, design and construction of entertainment facilities, and production of live concert acts. Originally addressing the military market exclusively, ETP is expanding into the civilian market where its experience and knowledge provide a strong competitive edge. For more information on ETP, including photos of Hero's WaterWorld, please visit: etpinc.net . A Hero's WaterWorld web site is currently under construction. Contacts: For ETPI, Lynda Davis of ETP, Tel, 281.486.6061, e-mail, vqlive@aol.com; Geoffrey C. Plank, Investor/Public Relations, Tel, 561.655.7575, Fax 561.655.2171, e-mail, GFCComm@aol.com . Safe Harbor Act notice: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, acceptance of the company's products, approval of its products by industry regulatory organizations, increased levels of competition, product and technological changes, the company's dependence upon financing and third- party suppliers, and other risks detailed from time-to-time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice. SOURCE Entertainment Technologies & Programs, Inc. Top