SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: PitBull who wrote (15841)5/8/1998 10:01:00 AM
From: Frederick Langford  Respond to of 34592
 
MEME Looks good here

Friday May 8, 6:59 am Eastern Time

Company Press Release

SOURCE: Media Entertainment, Inc.

MEI Establishes Wireless Internet Service Provider in Monroe, LA

BATON ROUGE, La., May 8 /PRNewswire/ -- Media Entertainment, Inc.
(OTC-Bulletin Board: MEME) announced
today that it has entered into a definitive joint venture agreement to establish and operate
a Wireless Internet Service
Provider (ISP) in Monroe, Louisiana. The Monroe joint venture is with Chat, Inc., a
local company. Media
Entertainment, Inc. (MEI) expects that the Monroe Wireless ISP will commence
full-scale operations in approximately
four weeks.

''Skysurfin'.net is launched. This will be our first joint-ventured Wireless ISP that is to be
built from the ground up and
that uses the 'skysurfin'.net' trade name,'' said David Loflin, President of MEI, ''and we
couldn't be more pleased with the
arrangement, especially our joint venture partner. However, the most important thing for
us is that our Wireless Internet
System is proving its superiority over a competing wireless Internet system. Once Chat,
Inc. tested our System, all that
was left was to negotiate an acceptable deal. We have created a business model that
will benefit both MEI and its joint
venture partners. Our focus is now on duplicating this model, and we are actively
pursuing additional partnerships,'' Mr.
Loflin added.

Walt Trisler, Vice President of Chat, Inc., said, ''this (MEI's) Wireless Internet System
works far better than the other
wireless Internet system we've seen. The beauty of the Media Entertainment system is
the low build-out cost -- that
means that capital can be used for marketing instead of construction.''

MEI's proprietary Wireless Internet System operates within a broadcast signal in the
900 or 2400 MHZ band using
two-way modems (internal or external) outfitted with an antenna. As such the System
has no reliance on hard wire to
transfer data, making the local telephone company no longer necessary for Internet
access.

In addition to MEI's attempts to exploit its proprietary Wireless Internet System, MEI
continues to pursue potential
customers for its proprietary Wireless DataLink System, which is designed as a
less-maintenance-intensive alternative to
traditional hard-wire data transmission systems.

To visit MEI on the Internet, just surf to media-entertainment.com.

This press release contains certain forward-looking statements within the meaning of
Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are
intended to be covered by the
safe harbors created thereby. Investors are cautioned that all forward-looking
statements involve risks and uncertainties,
including, without limitation, the ability of MEME to accomplish its stated plan of
business. Although MEME believes that
the assumptions underlying the forward-looking statements contained herein are
reasonable, any of the assumptions could
be inaccurate, and, therefore, there can be no assurance that the forward-looking
statements included in this press release
will prove to be accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein,
the inclusion of such information should not be regarded as a representation by MEME
or any other person that the
objectives and plans of MEME will be achieved.

SOURCE: Media Entertainment, Inc.



To: PitBull who wrote (15841)5/8/1998 10:02:00 AM
From: Netnut7  Read Replies (1) | Respond to of 34592
 
TSIS looks like its about to break back above .60 YES!!!!!