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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey_J who wrote (2973)	3/9/1998 9:03:00 AM
From: Jeffrey_J	Read Replies (3) \| Respond to of 18444

ZULU NEWS !!!!!! biz.yahoo.com Monday March 9, 8:41 am Eastern Time Company Press Release SOURCE: ZULU-tek, Inc. Enhanced Services Expands Its Multi-Media Business With Equity Investment in ZULU-tek, Inc. Enhanced Services Company strengthens its management team by adding former Texas Instruments Senior Vice President Steve Lair as new Group CEO A $50 Million Private Placement Will Begin in Mid-March to Provide the Financial Strength to Position the Group as the Premier Internet Solution Provider The Combination Allows ESVS to Begin to Maximize the Multi-Media Depth Of Its Technology Subsidies in Offering a Total Solution to Fully Realize its Internet Marketing Impact HOUSTON, March 9 /PRNewswire/ -- Enhanced Services Company, Inc. (Nasdaq: ESVS - news), announced today that it has made a significant investment in ZULU-tek, Inc. (OTC Bulletin Board: NETZ - news), the leader in Internet advertising and marketing technology. The access to ZULU-tek's interactive sales and marketing expertise, combined with the advanced multi-media capabilities of Enhanced Services' NB Digital Solutions, will allow the company to offer its customers a complete Internet technology and sophisticated program development solution. Enhanced Services Company also announced the appointed of former Texas Instruments Senior Vice President Steve Lair as the new Group CEO. Prior to joining Enhanced Services, Lair was the personal advisor to Mr. Stan Shih, Chairman of Acer, Inc.--a $6.5 billion worldwide computer company based in Taiwan. As a Texas Instruments corporate vice president, Lair was credited as the architect of TI's dramatic 258 percent growth in its notebook computer sales volume during a fourteen month period. ''By making a significant investment in ZULU-tek, we have taken a major step forward in offering the industry a total solution for maximizing marketing and advertising programs,'' stated Steve Lair, ESVS Chief Executive Officer. ''Combining our technological expertise with ZULU-tek's current Internet advertising technology and sales infrastructure will solidify our plans to become a significant provider of a total multi-media solution for the Internet and beyond.'' A $50 million private placement of convertible preferred shares will begin in mid-March to provide the financial strength to position the group as the premier Internet Solutions Provider. The combined forces of ZULU-tek and NB Engineering will create an entity that provides a range of services far surpassing those offered by other Internet advertising and marketing firms such as DoubleClick, Inc. (Nasdaq: DCLK - news). ZULU-tek now becomes the first firm to offer clients in-house services that include both marketing acumen and technological capabilities, including the ability to develop ''beyond the banner'' advertising that delivers movie-quality Internet ads and select the appropriate type of file to deliver to end users depending on modem speed. Other Internet advertising and marketing entities are dependent on a network of technology providers to deliver the same capabilities. ZULU-tek, Inc. is the world's leading interactive advertising sales and marketing company. A pioneer of interactive advertising sales and marketing, ZULU and its predecessors have handled advertising sales for many of the largest, most established, well-branded sites on the World Wide Web and have been a key element in the growth of the Web as an accepted and effective advertising medium. With a dedicated sales force and marketing, technical and administrative personnel, ZULU offers its clients an unmatched level of global reach, marketing sophistication, customer service and access to key decision makers within the advertising and Internet communities. The company represents the consolidation of SOFTBANK Interactive Marketing, Inc. (''SIM'') and echoMEDIA, Inc. SOURCE: ZULU-tek, Inc. --------------------------------------------------------------------------------