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 : ASK THE "FUEL" -- Ignore unavailable to you. Want to Upgrade?

To: TOPFUEL who wrote (473)	7/21/1999 10:09:00 AM
From: Simon Shah	Respond to of 564

New internet tech: AllStar game, CBS Sportsline, QuesTec QuesTec Launches eSports™ At The 1999 All-Star Game New eSports™ Technology Powered By Silicon Graphics Deer Park, N.Y. Wednesday, July 21st 1999 - QuesTec Imaging, Inc. (OTC BB: QSTI) announces the successful launch of their eSports™ technology during the 1999 All-Star game. eSports™ are real-time digital transmissions of live sporting events over the Internet. QuesTec's SuperVision pitch tracking system was used during the 1999 All-Star game to produce and transmit the first real-time eReplays™ ever broadcast on the World Wide Web. QuesTec joined forces with SportsLine USA (NASDAQ: SPLN), the leading global Internet sports media company and official provider of Web services to Major League Baseball, to produce this technological breakthrough. For the first time ever, fans visiting the Major League Baseball website saw the exact location and trajectory of each pitch, in real-time, along with a complete set of pitches for each hitter's last at-bat. Silicon Graphics (NYSE: SGI) O2™ workstations were used with QuesTec's SuperVision to instantly process and transmit real-time eReplays™ of pitches, including the speed, movement and location of the ball from its release point to the back of home plate. "Last week's All-Star game was only the beginning," said Chris Malone, QuesTec's Multi-Media Manager. "We now have the market-proven technology to capture live motion and transmit real-time 3D eReplays™ across the Internet. In fact, during the All-Star game the transmission of our eBaseball™ was up to half a second faster than the "live" satellite TV image. We are determined that eBaseball™ will soon be followed by eTennis™, eGolf™, and many other eSports™." "The implications of eSports™ are enormous," said Ed Plumacher, QuesTec's founder. "In addition to our televised coverage of sports events, we will now be able to transmit eSports™ and related products and services over the Internet. Each eBaseball™ event represents an additional source of revenue for QuesTec's coverage of Major League Baseball. As the number of sports-related internet sites grows, so does the revenue potential for QuesTec's eSports™. We are currently receiving strong expressions of interest from around the world." "We have worked closely with QuesTec on numerous sports-related projects," states Shawn Underwood, Marketing Manager, Broadcast Graphics, of Silicon Graphics. "The combination of their tracking and signal-processing technology and the real-time rendering capabilities of our workstations creates some of the most innovative and informative sources available for sports today." QuesTec provides real-time motion capture, replay and analysis products for sports entertainment, display media, business and industry. QuesTec has developed real-time virtual replays for baseball, golf and tennis and the company continues an aggressive development program for new sports. QuesTec's technology has been used in thousands of sports television productions in the United States, Canada, Europe, Asia and South Africa. For more information on QuesTec Imaging, Inc. contact the company at (516) 243-1880 or visit www.questec.com. ##### This news release was prepared by management and they accept responsibility for its contents and forward-looking statements. Michael Russo - President

To: TOPFUEL who wrote (473)	7/21/1999 11:05:00 AM
From: chapin	Respond to of 564

David, Some great news from IHTL :) (BSNS WIRE) Innovative Holdings Cancels 4.2 Million Shares Innovative Holdings Cancels 4.2 Million Shares Business Editors/Technology Writers ORLANDO, Fla.--(BUSINESS WIRE)--July 21, 1999--Innovative Holdings & Technologies, Inc. (OTC BB:IHTL) announced today that its Board of Directors has issued a resolution authorizing the cancellation of 4.2 million shares of the Company's stock originally issued in anticipation of the acquisition of a privately-held corporation announced on May 27, 1998. The acquisition was never completed. As a result of this action, the cancelled shares represent a 19 percent reduction of the Company's total issued and outstanding shares. Innovative Holdings & Technologies, Inc. identifies, acquires and incubates early stage niche technology companies with outstanding growth potential. The Company is also creating a worldwide Internet sports network; Sports Entertainment Network One.Com (sen1.com), which is billed as "the total Internet sports experience," providing virtual real time participation for internet users in sporting events, user-friendly on-line games, e-commerce and face-to-face audio and video chat rooms. Valu-net Corporation of Toronto, Canada, is working with IHTL to develop and market this new virtual, real-time sports network on the World Wide Web. The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here. --30--law/mi* CONTACT: Innovative Holdings & Technologies, Winter Park, Fla. Phil Flynn, Investor Relations, 800/392-7961 www.innovativeholdings.com KEWORD: FLORIDA INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET SPORTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story * Mitch