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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk -- Ignore unavailable to you. Want to Upgrade?

To: wallstreeter who wrote (3130)	6/11/1999 9:50:00 AM
From: CSage	Read Replies (1) \| Respond to of 4824

June 11, 1999 09:46 Jones Naughton Entertainment BeginsPreparation of Form 10-SB June 11, 1999 09:30 AM LOS ANGELES--(BUSINESS WIRE)--June 11, 1999--Joseph Naughton, Chairman of Jones Naughton Entertainment, Inc. JNNE , announced today that Jones Naughton is in preparation for filing its Form 10-SB with the Securities and Exchange Commission. Mr. Naughton stated, "Our accountants and securities counsel have been instructed to begin working vigorously on the Form 10-SB, and we anticipate having it filed by the end of the summer so that it will be completed and effective in November or early December 1999." About the Company Jones Naughton Entertainment, Inc. is an information technology concern focused on combining traditional marketing methods with the latest advancements in Internet technology. Through its GoOnLine Kiosk Division, Jones Naughton provides interactive Internet, advertising and media buying services to a growing number of clients across the country. Jones Naughton has also begun installing Internet kiosks in various hotels and is aggressively pursuing kiosk agreements with a number of national hotel chains. Jones Naughton recently acquired GoOn-line.com, a Chico, California-based Internet company specializing in the production of streaming video infomercials over the Internet. GoOn-line.com offers Internet products and services to consumers via E-commerce solutions available on the World Wide Web. GoOn-line.com is in the late stages of developing a virtual shopping mall Web site that will feature products that have traditionally only been available from infomercial companies advertising on broadcast television. This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.