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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (35228)	6/28/2000 8:46:00 AM
From: DENNIS TULLY	Read Replies (1) \| Respond to of 52051

NVEI (NVXE) More News!!!!!! New Visual Entertainment Subsidiary To File For Patent Protection Of `Last Mile RELATED SYMBOLS: (NVXE) SAN DIEGO, Jun 28, 2000 (BUSINESS WIRE) -- New Visual Entertainment, Inc. (OTCBB:NVEI), a pioneer in the development of proprietary transmission technology focused on delivering the ultimate "last mile" solution, today announced that the Company's New Wheel Technology, Inc. subsidiary is filing today the first in a series of patent applications for its Cu@OCx broadband transmission technology with the U.S. Patent Office. About New Visual Entertainment, Inc. New Visual is pioneering the development of a proprietary broadband transmission technology with the mission to utilize existing copper telecommunications infrastructure to deliver high data content to the home or office at VDSL (52Mbps) data transfer rates. Through its New Wheel Technology, Inc. subisidiary, New Visual is developing this technology, which would allow the bundling of voice, video and data over existing copper telephone wires, eliminating the need for fiber optic cable to the home or office. Its initial development efforts are focusing on "Very High rate Digital Subscriber Line" (VDSL), and have demonstrated results exceeding industry standards. New Visual has historically been a true stereoscopic 3-D production company. Through its Impact Pictures, Inc. subsidiary, New Visual develops web animation, streaming media, multimedia production and CD-ROM business cards. New Visual's common stock is traded on the Over-The-Counter Bulletin Board under the symbol NVEI. With the exception of historical information contained in this release, this release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the internet, computer, and 3D film and video industries; reliance on third parties including potential suppliers, licensors and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this release and in the Company's Securities and Exchange Commission filings. CONTACT: Continental Capital & Equity Corporation, Longwood, Fla. Dodi B. Handy, 407/682-2001 dodi@insidewallstreet.com URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- KEYWORD: CALIFORNIA INDUSTRY KEYWORD: TELECOMMUNICATIONS INTERNET ENTERTAINMENT (Public Company & Wall Street & Business & High Tech) A service of the Financial Data Cast Network (FDCN) and Window On WallStreet Inc.