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Technology Stocks : Visual Data (VDAT) -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (372)7/14/1999 11:53:00 AM
From: John T. Hardee  Respond to of 405
 
MADSearch Site for Planning Meetings and Business Travel Adds HotelView Internet Video Tours to Newly Launched Site
POMPANO BEACH, Fla., July 14 /PRNewswire/ -- MADSearch (Meeting and Destination Search), a comprehensive search engine for the meeting planning industry, is adding hotel video tours produced by HotelView to its site at madsearch.com under a recently reached agreement between the two Internet companies.

A wholly owned subsidiary of Visual Data Corporation (Nasdaq: VDAT - news), HotelView produces high-quality hotel video tours for the Internet and as sales tools for lodging establishments. The two- to four-minute video tours can be accessed from HotelView's member hotel sites, the HotelView site at hotelview.com , as well as the recently announced ''Travel Channel'' on broadcast.com and through a distribution network of more than 650 travel, leisure and business Web links including MADSearch.

''MADSearch is a convenient and comprehensive tool for meeting planners, especially with the added option of seeing hotels in full-motion narrated video,'' says David Chestler, general manager of HotelView Corporation. ''HotelView benefits from this partnership by gaining access to MADSearch's extensive portfolio of quality meeting properties. Meanwhile, our hotel clients benefit from enhanced exposure, greater distribution and direct access to meeting professionals -- translating into little advertising waste as compared to traditional print and direct mail advertising.''

The addition of HotelView to MADSearch's web site allows meeting and travel planners to have a site inspection from their offices. It saves time and money and eliminates the need to travel.

MADSearch is a one-stop international web site that assists planners in selecting a destination from over 4,300 detailed profiles of properties worldwide and offers the auxiliary services needed for their meeting. This commission-free service allows access to 90 percent of the information necessary to plan a successful event.

Meeting planners can use MADSearch to find hotel dates and rates, last- minute pricing specials, view an online color brochure of the properties that includes space layout and a sample of catering menus and information about local and international suppliers such as transportation and A/V companies.

''MADSearch is easy to maneuver and allows you to literally go from one part of the world to another in a matter of minutes,'' said Madeline Daryadel, president of MADSearch. ''HotelView's cutting-edge technology is a welcome addition to the site and provides another media for meeting planners to utilize as they design their next successful event.''

Visual Data Corporation is a multi-media content producer, marketer and distributor of advertising products and consumer-based portfolio libraries for use on the Internet and eventually, Interactive Television. HotelView Corporation, a subsidiary of Visual Data Corporation, combines Visual Data's digital media technology and superior travel-related distribution network to promote and advertise hotels via sight, sound and motion at a fraction of the cost of traditional media. The video tour is accessed through the hotel's own web site using either existing footage or new footage produced in-house by HotelView that is available for use by the hotel's sales force.

For more information about HotelView, contact HotelView General Manager David Chestler at 954/917-6655 or toll-free 800/468-8139. For more information on MADSearch, simply visit the site at madsearch.com or call 305-690-9880.

This press release contains forward-looking statements, which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.

Quote for referenced ticker symbol: VDAT.

SOURCE: MADSearch




To: Gary105 who wrote (372)7/20/1999 10:26:00 AM
From: John T. Hardee  Read Replies (1) | Respond to of 405
 
DNET effective July 22, 1999 to change to EDNT - see news

News for VDAT
Former CBS President and CNN Pioneer Robert Wussler Joins Board of Directors of Visual Data Corp.
POMPANO BEACH, Fla., July 20 /PRNewswire/ -- Robert J. Wussler, the network and cable television pioneer who oversaw the launch of CNN, Headline News and TNT for Turner Broadcasting, has joined the board of directors for Visual Data Corp. (Nasdaq: VDAT - news), which creates and broadcasts original video content for the Internet. Mr. Wussler was appointed to the board during Visual Data's annual shareholders meeting.

As president of CBS Television and CBS Sports in the 1970's, Mr. Wussler led the network to a number one position among broadcasters. He was responsible for several innovations, including NCAA Basketball and NFL programming and the introduction of the made for TV movie format. During the 1980's, he was instrumental in making Turner Broadcasting System, including CNN, into a preeminent news and entertainment provider. At CNN, Mr. Wussler was largely responsible for the expansion of satellite usage and news coverage.

Mr. Wussler has undertaken several projects in recent years including a number of broadcasting and production ventures. Since 1995, he has served as a director of Visual Data's EDnet subsidiary, which specializes in advanced multimedia production.

''I'm excited to be part of a company that recognizes where content development is heading,'' said Mr. Wussler. ''Visual Data is positioning itself to be a true broadcast network for the Internet and interactive television. The company is creating today the original video content that consumers will access via broadband services tomorrow.''

Mr. Wussler joins Randy S. Selman, Alan M. Saperstein, Benjamin Swirsky, Brian K. Service, and Eric M. Jacobs on the Company's board which was re-confirmed during the annual meeting.

''As a veteran of network and cable television, Robert Wussler possesses the expertise that will help us become the leading multimedia developer,'' said Randy Selman, chief executive officer and president of Visual Data. ''Robert understands what consumers want to see and how they want to see it. We look forward to his performing in an important role for the company.''

In addition to naming Mr. Wussler to the board, Visual Data's shareholders ratified Arthur Anderson as Visual Data's official auditor and amended the 1996 stock option plan.

About Visual Data Corporation

Visual Data Corporation (http://www.vdat.com) produces, markets and distributes original video and audio content for the Internet and soon Interactive Television. Visual Data's extensive video libraries cover a wide range of topics, including travel, business information, medicine and healthcare and entertainment. Through its subsidiary EDnet, Inc. (OTC Bulletin Board: DNET - news), Visual Data has established relationships throughout the motion picture and recording industries. Visual Data's strategic partnerships include PR Newswire, a subsidiary of United News and Media Group that provides breaking news and information; InterVu, which provides streaming media and Internet broadcast solutions; TravelWeb, a service of Pegasus Systems, Inc.; Interval International; Broadcast.com; Rezsolutions, the merger of Utell International and Anasazi Inc.; Physicians Online and Intellihealth, a joint venture of Aetna US Healthcare and Johns Hopkins University and Health System.

This press release contains forward-looking statements which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.



To: Gary105 who wrote (372)7/20/1999 10:11:00 PM
From: John T. Hardee  Read Replies (1) | Respond to of 405
 
There is no reason for this DNET stock not to be trading at $2 or more. We are looking at a nice run. . This stock will be traded on a more reliable exchange as stated in news today. This will have a lot to do with todays trading.

EDnet Changes Trading Symbol
SAN FRANCISCO, July 20 /PRNewswire/ -- Entertainment Digital Network, Inc. (EDnet, Inc.) (OTC Bulletin Board: DNET - news) today announced the change in their trading symbol to EDNT effective with trading as of July 22, 1999. The Company is concerned that many traders will be unaware of the change, which could result in the sale or purchase of shares other than EDnet...........<<<<< Under Nasdaq rules, new companies that begin trading on their national or small cap exchanges have the right to acquire trading symbols of Over The Counter, Bulletin Board (OTC: BB) firms.........>>>>>> The BB company has no rights under this rule. Nasdaq will be publishing this change to ''EDNT'' in their daily report to the investment community on July 22, 1999.

EDnet will be reporting its third quarter financials on August 15, 1999.