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To: Paul Zalkind who wrote (15959)	5/8/1998 12:22:00 PM
From: Mackie	Respond to of 27968

While waiting check out MEME! 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: Paul Zalkind who wrote (15959)	5/8/1998 12:22:00 PM
From: PsycProf	Read Replies (1) \| Respond to of 27968

.38/.39 494K 12:21 et stock is not reacting like big news is coming