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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (9403)	6/24/1999 10:38:00 AM
From: Koda Ridge	Respond to of 108040

JNNE---Good news today. Just signed a big merchandising agreement. Eric (COMTEX) B: Jones Naughton Signs Merchandising Agreement With Interne B: Jones Naughton Signs Merchandising Agreement With Internet E-commerce Leader Fifth Avenue Channel Corporation LOS ANGELES, Jun 24, 1999 (BUSINESS WIRE via COMTEX) -- JoeNaughton, Chairman of Jones Naughton Entertainment, Inc. (OTC BB:JNNE), announced today that GoOn-line, the e-commerce subsidiary of Jones Naughton Entertainment, has signed a merchandising agreement with Internet e-commerce leader Fifth Avenue Channel Corporation (Nasdaq:FAVE). Per terms of the agreement, Fifth Avenue Channel will become a major supplier of e-commerce products and services to GoOn-line's streaming video cyber-market (http://www.GoOn-line.com). Fifth Avenue Channel Corporation offers a wide variety of products and financial services through its e-commerce Web site 5thavenuechannel.com, through major home shopping channels and through other Web sites via its E-commerce Solutions Division. Ivana Trump is the host of Fifth Avenue's e-commerce Web site and upcoming television channel. Ivana brings immediate recognition, awareness and worldwide publicity to Fifth Avenue's marketing endeavors. Fifth Avenue Channel will work with Jones Naughton's GoOn-line subsidiary through Fifth Avenue's E-commerce Solutions Division. Fifth Avenue Channel's appealing and diversified list of products will be well suited for the GoOn-line market. Melvin Rosen, President and CEO of the company since May, 1997, has a broad range of experience in satellite, cable and broadcast television -- both from a production and operation standpoint as well as from the technology side. Rosen commented on the agreement with Jones Naughton saying, "Fifth Avenue is pleased to provide products and services to GoOn-line, and we look forward to a prosperous relationship." GoOn-line's President Scott Claverie was particularly pleased with the agreement. "Our entire approach to Internet marketing success is built around the quality of our e-commerce partners. Fifth Avenue Channel Corporation is a powerful and credible ally. Their knowledge and contact base will be invaluable to virtually every aspect of our e-commerce growth." 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 GoOn-line 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 frominfomercial companies advertising on broadcast television. Jones Naughton's growing list of Internet service and e-commerce partners includes: Icom Networks, Inc.; Nicom Telemanagement, Inc.; DoubleClick, Inc. (Nasdaq:DCLK); Guthy-Renker, Inc.; RealNetworks, Inc. (Nasdaq:RNWK); LinkShare Corporation; PDQ Internet Services, Inc. and Website Results, LLC. 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. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Jones Naughton Entertainment, Inc. Joseph Naughton, 714/736-0988 www.jnne.com or 5th Avenue Channel.com Mel Rosen, 305/947-3010 www.5thavenuechannel.com or GoOn-line.com Scott Claverie, 530/891-4100 www.GoOn-line.com or PMR and Assoc. Patrick M. Rost, 760/942-0015 PMRandCO@AOL.com WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: ENTERTAINMENT INTERACTIVE/MULTIMEDIA/INTERNET RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story *