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CRGI in Barrons pg 31
NSTG in Barrons pg 32
(I wish HRCT was on pg 33!)
I missed this last NR......
NorStar and Com.Odyssey Forming Strategic Internet Alliance
Business Wire - June 30, 1999 10:04
FORT LAUDERDALE,, Fla.--(BUSINESS WIRE)--June 30, 1999--NorStar Group,
Inc. (OTC BB:NSTG) announced today that it has entered into a letter of
intent with Com.Odyssey to form a strategic partnering alliance and
joint venture company called VeeAreCity's...The Burbs.
VeeAre City's...The Burbs is an online informational web site designed
to offer its visitors access to local news and events in major cities.
NorStar will integrate VeeAreCity's...The Burbs into its innovative
domain (www.veearecity.com) and provide the visitor with local news,
events, and advertising in major U.S. hub cities. The Burbs
(www.the-burbs.com) has recently opened in the Tampa, Florida area and
presently attracts more than 300,000 unique visitors each month to its
site. Wayne Alexander, Com.Odyssey's Managing Director, anticipates
VeeAreCity's...The Burbs advertising revenues at approximately $2
million per year per target reach city. VeeAreCity's...The Burbs is
expected to open in other markets very soon. The cities scheduled to be
opened are: Jacksonville, Orlando, Miami, Atlanta, Detroit, San Diego,
and Los Angeles. Future growth plans include: Baltimore, Boston,
Chicago, Denver, Dallas, Las Vegas, Milwaukee, Minneapolis, New York
City, Philadelphia, Phoenix, Portland, and Seattle.
"VeeAreCity's...The Burbs will provide our visitors with regional and
local news much like Yahoo, AOL, Compuserve, and Prodigy." said, Jay
Sanet, NorStar's Director of Corporate Development. Sanet went on to
say, "The potential advertising revenues are colossal. This strategic
partnering alliance with Com.Odyssey gives VeeAreCity.com the potential
to become a revenue driven dynamo from the day it's launched.
VeeAreCity's...The Burbs will certainly add rich layers to
VeeAreCity.com's already exciting format".
VeeAreCity's... The Burbs feature: Local news and events, localized
access to city governments and Chambers of Commerce, weather,
entertainment, travel, feature items of local interest, local
advertising, and much more.
Com.Odyssey, a multimedia, advertising, marketing, and development
company, is based in the Tampa, Florida area. "We take the Internet to
the people", said Wayne Alexander, Com.Odyssey's Managing Director.
Alexander added, "I'm looking forward to a long and successful
relationship with NorStar and VeeAreCity and we are very happy to be
part of their expansion".
Through selective acquisitions and partnering alliances, NorStar Group,
Inc. (OTC BB:NSTG) is positioning itself to be a leading provider of
interactive, virtual reality, entertainment, educational, and business
products and services. NorStar is also the co-developer and sole
marketer of a proprietary lightweight, comfortable and affordable
virtual reality headgear, The Cybervisor(TM), which is designed for home
and school.
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