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To: SSP who wrote (8516)	8/31/1999 10:02:00 AM
From: SSP	Respond to of 150070

DMEC - CERRITOS, Calif.--(BUSINESS WIRE)--Aug. 31, 1999--Diamond Entertainment Corporation, dba e-DMEC, Inc. (OTCBB: DMEC) today announced it has received an initial order of assorted video titles from a large music video retail chain having 1000 stores nationwide. As a result of eighteen months in building an alliance with this new retail customer, the initial order from 50 of their Grade A stores marks the beginning of what could lead to a successful long-term business relationship with the potential for significant sales revenues over the next year. "We are very excited with this newest development," stated James Lu, CEO of e-DMEC. "This is the result of our aggressive determination and implementation of our plan to build and expand our retail customer base." Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. --30--YS/at* CONTACT: Marketex, Atlanta Investor Relations Gary Swancey, 770/389-5645