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Microcap & Penny Stocks : MXMX MediaX Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Garfield who wrote (541)	1/8/1998 1:58:00 PM
From: Roy F	Read Replies (1) \| Respond to of 955

MEDIAX SHIPS "PETER NORTON -- PC GURU," REPORTS STRONG RETAIL INTEREST; Retailers Include Staples, Comp USA, Best Buy, Computer City And Others January 8, 1998 01:23 PM Culver City, Calif.--(BUSINESS WIRE)--January 8, 1998--MediaX Corporation MXMX today announced it has begun shipping "Peter Norton -- PC Guru" to mass market retailers including Staples, Comp USA, Best Buy, Computer City; major catalog house Tiger Direct; and distributors SoftKat and Major Connections. An initial shipment was made on Dec. 29, 1997 and will be booked as deferred revenue in the quarter ended December 31. Product manufacturing and shipping has been ramped up and will continue in January, and the Company anticipates signing and fulfilling several new retail and distribution agreements in the days and weeks ahead to meet increasing retail interest. Nancy Poertner, MediaX chief executive officer, commented, "We are confident in the market potential for "Peter Norton -- PC Guru." Clearly, the market has been waiting a long time for a state-of-the-art interactive infotainment title from someone of Peter Norton's stature. All of the early feedback we have received on the pre-release version has been simply outstanding, from users ranging from retail chain software buyers, to novice PC users, corporate MIS managers and technology trade editors. "The continuing on-schedule shipment of "Peter Norton -- PC Guru" will begin to reach retail store shelves next week and demand seems to be at levels surpassing our initial estimates," Poertner said. MediaX Corporation is a diversified new technology company that develops and markets multimedia software for PC mass market distribution, as well as software development tools for 3D and interactive online games, virtual world environments and advanced Internet applications. The Company also produces and publishes new media entertainment content for entertainment companies including MCA Entertainment, EMI/Capitol, Toshiba, Dow Jones, Apple Computer, New Line Cinema and I-Werks Entertainment as well as for Company-owned or licensed properties. Headquartered in Culver City, California, MediaX operates a state-of-the-art digital production facility in Santa Cruz, California. Recently released MediaX-produced CD-ROM entertainment titles include the critically acclaimed and award winning, "On the Road With B.B. King" (MCA), and "Queensryche's Promised Land" (EMI Records).