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To: Mr. Jens Tingleff who wrote (896)	8/10/1999 9:39:00 AM
From: kbert	Respond to of 931

IMNI huge News!! Tuesday August 10, 8:31 am Eastern Time Company Press Release AutoSmartUSA.com Outperforming Initial Projections JERSEY CITY, N.J.--(BUSINESS WIRE)--Aug. 10, 1999--Interactive Multimedia Network, Inc., (OTC BB: IMNI - news) announced today that it has just received its audited financial statements from the accounting firm of Williams and Webster located in Spokane, Washington. These figures will be included in the company's Form 10-SB which will be filed with the Securities and Exchange Commission during the week of August 16th. IMNI also announced today its revenue figures for the quarter ended June, 1999. These figures exceed gross revenue for all of fiscal 1999. On a consolidated basis, including revenue from IMNI's e-marketing sales, and IMNI's subsidiaries, CPM and AutoSmart USA, gross revenue exceeded $ 2 million for the quarter. More impressively, IMNI announced that AutoSmart USA exceeded one million dollars in gross revenue for the month of July, which in the automotive industry is normally a slow sales month. AutoSmart USA is ahead of its recent sales projection. This increase is a direct result of the AutoSmart USA web site having become a major Internet portal for the purchase or lease of new cars, trucks and SUV's, which can be accessed at www.autosmartusa.com. Marketing Efforts Attract more Affluent Demographic... IMNI utilizes its business paradigm ''Interactive Convergence'' the use of Television, the Internet and Retail linked simultaneously to cross promote products and services. IMNI advertises AutoSmart USA on television through one minute interactive direct response commercials and participation in IMNI's interactive home shopping variety shows as the featured product. Schedules for the commercials include local and national sporting events, news and investment oriented shows. Advertising banners on the Internet are placed in upscale web sites that cater to a more affluent demographic including: The Motley Fool, www.fool.com, and TheStreet.com, www.thestreet.com. Additionally, IMNI's recently announced a Joint Venture with the Internet Marketing Consortium providing IMNI's banners (for www.autosmartusa.com and www.Shop-the-Net.com) with over 240 million impressions per month. In addition, AutoSmart USA hosts a radio show that airs in the south Florida market on one of the areas growing business radio stations. The radio promotion also includes advertising commercials on sports personality radio featuring Florida sports and the Miami Dolphins. The retail link in this case becomes the world's first walk-in Internet new car showroom at wholesale prices located in Pompano Beach, Florida and will soon include locations in Dade and Palm Beach counties. Safe Harbor Disclosure - This Press Release contains or incorporates by reference ''forward-looking statements,'' including certain information with respect to plans and strategies of Interactive Multimedia Network, Inc., Shop-the-Net.com and AutoSmart USA, Inc., and AutoSmartUSA.com. For this purpose, any statements contained herein or incorporated herein by reference that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the forgoing, the words ''anticipate(s),'' ''believe(s),'' ''expect(s),'' ''intend(s),'' ''plan(s),'' ''project(s)'' and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cause actual events or actual results of IMNI and its subsidiaries to differ materially from those indicated by such forward-looking statements. Contact: Interactive Multimedia Network, Inc., Jersey City Richard J. Verdiramo, 888/217-4137 e-mail: verdiramo@shop-the-net.com

To: Mr. Jens Tingleff who wrote (896)	8/11/1999 10:03:00 AM
From: T A P	Read Replies (2) \| Respond to of 931

NetSol International Retains Market Pathways Financial Relations SANTA MONICA, Calif.--(BUSINESS WIRE)--Aug. 11, 1999--NetSol International, Inc. (OTC BB: NTWK) ("NetSol") Wednesday announced that it has retained Market Pathways Financial Relations Incorporated to assist in its investor relations efforts. NetSol International is an Information Technology "IT" company with headquarters in Santa Monica and offices located in both the U.K. and Pakistan. NetSol's Pakistan facility is the first software company in Pakistan that is ISO 9001 certified. The company specializes in lease and finance software products, offshore solutions development, consulting, networking, engineering services and is now entering the e-commerce sector. It has many blue chip customers worldwide including Mercedes-Benz Finance, Tung Yang Leasing Company of Taiwan (a subsidiary of DEBIS Financial Service, Germany), ICI of the U.K., ICOM of France, Fuzzy! Informatique of Germany, as well as U.S.-based 1st Net Technologies, Inc. -0- T Recent announcements made by NetSol include: -- 8/04/99 NetSol International, Inc. Signs "Letter of Intent" to Acquire MindSources, Inc. -- 7/29/99 NetSol International, Inc. Files for Nasdaq Small Cap Listing -- 7/23/99 NetSol USA, Inc. Signs Strategic Marketing Alliance With 1st Net Technologies, Inc. -- 7/14/99 Network Solutions (Pvt.) Ltd., Signs Two New Contracts with Mercedes Benz Leasing Companies -- 7/8/99 Technology Merger Nears Completion as "Letter of Intent" Signed T "NetSol will be a great addition to our family of client companies. We are looking forward to working with them to provide corporate information dissemination and highlight NetSol's advanced information technology products and services. We will assist Netsol in achieving their goal of enhancing communications to their growing base of shareholders and to the investment community in general," said Shannon Squyres, president of Market Pathways. Safe Harbor Statement Included in this material are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations reflected in such forward-looking statements would have proved to be correct. Market Pathways Financial Relations Incorporated provides financial public relations services to a number of publicly traded companies in a variety of industries. The company's comprehensive range of services includes stockbroker relations, SEC compliance, institutional outreach and support, media relations, shareholder communication and investor lead generation. --30--KM/np* JC/np CONTACT: NetSol International, Inc. Aiesha Ghauri, Investor Relations 310/395-4073 or Market Pathways Shannon T. Squyres, President 949/955-1860 T A P has received 30K shares of NTWK (formerly MGHI) from Clearweather Investments Ltd. for services provided for a period of 6 months For a complete T A P profile and click Favorite Link.