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 : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: LawStor who wrote (13066)	11/2/1999 2:58:00 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

ORLANDO, Fla.--(BUSINESS WIRE)--Nov. 2, 1999--Innovative Holdings & Technologies, Inc. (OTCBB:IHTL - news) announced that it is considering potential acquisition candidates in the high technology and Internet marketplaces. ''In keeping with IHTL's mission to acquire and cultivate promising technology companies,'' said Helmut Wyzisk, Chairman & President of Innovative Holdings & Technologies, Inc., ''we have identified some very promising acquisition candidates and expect to announce the results of these efforts very soon.'' IHTL's Xtreme Telemetry Systems subsidiary is offering its new X/T broadcast sports information systems which provide critical ''real time'' telemetry data on an athlete's physical performance (heart rate, body temperature, respiration, stress levels, and more), equipment or vehicle performance, plus important environmental data displayed on-screen for audiences on network television, cable, and the Internet. The viewer is able to see an incredible stream of information that truly makes the event come alive, and provides a unique on-screen ''billboard'' that can be used to feature promotional messages and sponsor's logos. Xtreme is aggressively developing strategic alliances and joint ventures with key corporate players and broadcast networks like ESPN/ABC (NYSE:DIS - news), Fox and Turner Broadcasting (NYSE:TWX - news). The Company is also creating a worldwide Internet sports network; Sports Entertainment Network One.Com (www.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. Innovative Holdings & Technologies, Inc. identifies, acquires and incubates early stage niche technology companies with outstanding growth potential. 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. For information contact: Phil Flynn, Investor Relations: 800-392-7961 www.innovativeholdings.com Contact: Innovative Holdings & Technologies, Inc., Orlando Phil Flynn, Investor Relations: 800-392-7961 www.innovativeholdings.com