TMGS NEWS !!! below 1:52 pm Murdock's Internet Subsidiary Signs Deal With iHigh Network -- 1:52 PM EDT
SALT LAKE CITY, Oct 17, 2000 /PRNewswire via COMTEX/ -- The Murdock Group
Holding Company (OTC Bulletin Board: TMGS), announced today that its Internet
subsidiary, CareerWebSource(TM) has contracted with iHigh network to build
Career Centers for over 2,000 high schools throughout the country.
The High School Internet Network (iHigh) provides individual high schools with a
website that connects school activities, sports, and scholastic information to
the premier high school network. Students, parents and alumni can access school
information on a local, state and national level, which in turn will foster
opportunities for followers and alumni to support their schools with online
commerce and advertising. CareerWebSource will provide this national high school
network with career centers to support hundreds of thousands of future
jobseekers. CareerWebSource is aggressively pursuing corporate partnerships on a
local, regional, state and national level.
"With the completion of the iHigh agreement, CareerWebSource is positioned as a
leading producer of career centers for high schools across the United States,"
noted KC Holmes, Chairman of CareerWebSource.
After signing iHigh's 2,000 high schools, CareerWebSource has over 3,000 high
schools, libraries and colleges under contract to build their exclusive career
centers. This gives CareerWebSource a solid revenue model that should do a
seven-figure revenue stream and be profitable in 2001.
About CareerWebSource
CareerWebSource provides employment resources to a growing number of online
markets including Recruiters, Corporate HR Departments, Universities, Civic
Centers & Associations. Leveraging the vast resources available on the Internet,
CareerWebSource has compiled and cataloged a database of over 24,000 different
career resources. These resources, combined with original articles, surveys and
expert advice, are customized for each career center to bring relevant, local
career information to each site. The company's first commercial web offering,
Myjobsearch.com was launched in July of 1999 and has become one of the top 15
web destinations for online jobseekers, according to Forrester Research. Backed
by The Murdock Group's 18 years of career training experience, CareerWebSource
has distinguished itself as the trusted provider of online job search
information and advice.
About The Murdock Group
Founded in 1983, The Murdock Group has emerged as a business incubator with
emphasis in the employment industry. The Murdock Group has incubated Internet
offerings MyJobSearch.com, an employment portal, and CareerWebSource, a BtoB
employment information company, as well as a full service brick and mortar
career-coaching provider. The Murdock Group also has a real estate development
group specializing in small to midsize entitlement projects.
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. While these statements are made to convey the company's
progress, business opportunities, and growth prospects, readers are cautioned
that such forward looking statements represent management's opinion. Actual
company results may differ materially from those described. The company's
operations and business prospects are always subject to risk and uncertainties.
A more extensive listing of risks and factors that may affect the business
prospects of the Company and cause actual results to differ materially from
those described in the forward-looking statements can be found in the reports
and other documents filed by The Murdock Group with the Securities and Exchange
Commission.
FOR MORE INFORMATION CONTACT:
INVESTOR RELATIONS: Ron de Jong, de Jong & Associates, 345 S. Coast Hwy 101,
Encinitas, CA 92024, (877) 943-9065 Toll Free, (760) 943-9065, (760) 943-7164
(fax), e-mail: tmgs@dejong.org, |
