To: SCOOBEY-DO who wrote (65 ) 6/14/2000 9:30:00 AM From: SCOOBEY-DO Respond to of 98
WAMEX Holdings, Inc. Launches National TV Ad Campaign On CNBC NEW YORK--(BUSINESS WIRE)--June 14, 2000--Wamex Holdings, Inc. (OTCBB: WAMX), an Internet and technology company dedicated to creating and dominating an alternative market and exchange for individuals and institutional investors, is pleased to announce that they have entered into an advertising campaign with CNBC, which will begin on Wednesday, June 14th. Commercial advertisements promoting the launch of WAMEX's Alternative Trading System (ATS) Technology will be aired through July 30th beginning today at 7:58 AM, 3:07 PM, and 5:54 PM Eastern time. WAMEX will launch a membership drive on July 4th, 2000, which will provide investors 24/7 access to trade all registered securities at low cost with price enhancement capabilities and anonymity across borders. Wamex expects that advertising with CNBC will give them the positive exposure that is essential for the launch of its membership drive for the ATS. Real time market coverage, insightful analysis and engaging commentary have made CNBC indispensable to CEO's, industry leaders and individual investors worldwide. CNBC reaches the most affluent audience available, and 100% of all CNBC viewer households own some type of financial investment. Mitchell Cushing, CEO of WAMEX Holdings, Inc. stated "The deployment of WAMEX ATS Technology has been a process that is rapidly approaching its presentation. The Company is beginning it's final phase of implementation. During this phase, the Company will begin its membership drive by exposing the benefits of the ATS Technology to the widest possible audience. Advertising, Early Registration and Registration drives will give WAMEX critical information necessary to assess the prospective user base so that we can properly configure the engineering, service and support prior to the presentation of the technology." About CNBC By providing investors the world over with immediate access to market data and indispensable financial information, CNBC has emerged as the world leader in business news. Its viewers are among the most highly educated, wealthy and powerful opinion leaders in the world. This elite yet diverse audience depends on CNBC for reliable, accurate real time data and expert financial insights, no matter where they are across the globe. CNBC has the most respected journalists in business news, backed by the resources of Dow Jones and NBC News. CNBC is available in 154 million households worldwide. About WAMEX Holdings, Inc. The WAMEX Alternative Trading System (ATS) Technology empowers investors to complete transactions more efficiently and at a lower cost. WAMEX ATS Technology provides alternative pools of liquidity for its members and enables them to trade directly with each other, individual to individual while having access to the inventories of larger institutions. This dynamic creates the possibility of price enhancement not available to investors within the current market structure. The ATS will allow investors to trade amongst themselves; therefore eliminating the losses associated with proprietary trading so commonly employed against individual investors. Management contends that this trading system can become the primary alternative to trading securities on traditional markets and exchanges. CONTACT: WAMEX Holdings, Inc. I.R. Phone: 212/432-6062 I.R. Fax: 212/432-6064 wamex.com or Interactive Business Channel, Inc. ibchannel.com or CNBC cnbc.com