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Non-Tech : PNEC (Old PLNE) -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (26)	12/13/1999 7:20:00 AM
From: Ga Bard	Read Replies (1) \| Respond to of 101

News Releases to Date: June 8, 1999 Planet Entertainment Announces Full Reporting Status Exerpts: This is a necessary prelude to Planet Entertainment's intention to become listed on NASDAQ, which we hope will occur in the near future. We believe these steps reflect the continuing maturation of Planet Entertainment as a publicly-owned company which has grown to an estimated $40 million in revenues and to over $25 million in assets since its formation only three years ago." ******************************************************* June 24, 1999 Planet Entertainment Corp.'s Joint Venture Partner in Negotiations With African Media Entertainment Ltd. (AME) Exerpts: finalizing negotiations to buy a controlling interest in Shandel Music, Planet Entertainment Corporation's 50/50 Joint venture partner in Planet Africa. Planet Africa has confirmed July 12, 1999 as its release date for 37 CD albums. The CD's will be released under "Planet Africa" with various press, wholesalers and retailers having already been notified. A second batch of CD albums is scheduled for release by year end. AME will be distributing in Africa, Australia, New Zealand and Israel. ********************************************** June 28, 1999 Planet Entertainment Corp. Signs Letter of Intent to Acquire Renaissance Records located in Nashville, TN. Exerpts: Renaissance Records' revenues for 1999 are projected to be now approximate $2,000,000 annually. Renaissance is currently distributed nationally by Ryko Distribution Partners through their agreement with Universal Music & Video Distribution. Renaissance's major customers include Tower Records, the Musicland Group (NYSE: MLG), Best Buy, Circuit City (NYSE: CC), Collector's Choice and Borders (NYSE: BGP). *********************************************** July 22, 1999 Planet Entertainment Corporation Files for Listing On Nasdaq Small Cap Market. Business Planet Entertainment, now has over $25 million in assets and $32.5 million revenues through nine months, 1999. Private Placement with Encore Capital. *********************************************** July 27, 1999-Planet Entertainment Corporation Appoints Two New Directors Exerpts: Robert G. Thomas, an attorney, has a general corporate, banking and securities law practice in New York. Don Maggi is currently the President and owner of Intertainment, Inc. which is an interactive entertainment company that creates marketing and promotional opportunities for the past four years. *********************************************** July 28, 1999-Planet Entertainment Corporation Announces Internet Fulfillment Agreement With Internet Shopping Network,a wholly owned-subsidiary of USA Networks, Inc. (NASDAQ: USAI)to provide internet fulfillment services for ISN, for sales of music, video and DVD's, conducted through ISN's firstauction.com internet web site. Exerpts: The Company currently is doing internet fulfillment business for Amazon.com (NASDAQ:AMZN), EveryCD.com and Tower Records. ************************************************ August 3, 1999-Planet Entertainment Corporation Announced today that it has signed an agreement with Maxnet Inc. (OTCBB: MXNT) to sell non-exclusive rights to 2,500 of its master recordings from the Company's Maestro catalog to Maxnet for $1.6 million dollars of Maxnet's common stock. Exerpts: The Company stated "We are currently in negotiations with other companies that have expressed various levels of interest to license rights from the Company's vast library of over 15,000 master recordings for digital distribution." **************************************************** August 10, 1999--Planet Entertainment Corp. announced today that New Millenium Communications (NMC), Planet Entertainment's 50/50 joint venture partner based in London, England, has released 60 CD albums throughout Europe under the jointly owned label "Auto Pilot." ***************************************************** Oct. 13, 1999--Planet Entertainment Corp. announced today that its wholly owned subsidiary Northeast One Stop (NEOS) will open its business to business website by year end at www.neoneb2b.com. The site will offer customers of NEOS over 250,000 entertainment titles of pre-recorded music on CD or cassette, as well as a full line of video and DVD titles. Customers of Northeast One Stop will need an account number to log on for access to the database. ***************************************************