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To: RCJIII who wrote (27931)6/29/1998 11:32:00 AM
From: Due Diligence  Respond to of 34592
 
For a start of DD on DMEC, if interested. There is a thread and mention of financials the end of month.
Jimbo

DMEC has a web site: diamond-entertainment.com



To: RCJIII who wrote (27931)6/29/1998 11:35:00 AM
From: Big Dog  Read Replies (4) | Respond to of 34592
 
Just remember where you heard about IHTL. This company is about to breakout.

BIG DOG

Wednesday June 24, 1:50 pm Eastern Time
Company Press Release
SOURCE: Innovative Holdings & Technologies, Inc.
Indy 500 Winner Team Cheever Selects Innovative Technologies' Subsidiary As Its Official Data Radio Provider
WINTER PARK, Fla., June 24 /PRNewswire/ -- Innovative Holdings & Technologies, Inc. (OTC Bulletin Board: IHTL - news), today announced that its Biocam Company, Inc. subsidiary will be providing 1998 Indy 500 winner Team Cheever with its state-of-the-art MS 900 data telemetry radios. The first scheduled use is at the June 28, 1998 Indy Racing League event at New Hampshire International Speedway.

''After our win at this year's Indy 500,'' Eddie Cheever said, ''I have the opportunity to equip Team Cheever with the best technology in motorsports... and that includes the outstanding Biocam All Sports Telemetry data radios. The use of market-leading technology, such as Biocam provides, is critical in mounting a race-winning effort, and I believe that the use of such cutting- edge technology can mean the difference in determining who sits in the winner's circle.

''And with the amazing new technologies Biocam is constantly creating,'' Cheever added, ''don't be surprised if TV viewers, as well as my team members, will, in the future, be feeling as if they are right there in the car with me during the race, virtually experiencing every twist, turn and physical reaction.''

Biocam Company is the official supplier of data radios to the Indy Racing League. In addition, for the second year in a row, the Biocam AST Wireless Modem System is being used within the IRL to distribute timing and scoring information to the teams, the press and VIP suites.

Biocam provides Broadcast Telemetry services to ESPN/ABC-TV for the NASCAR Winston Cup Series, the Busch Grand National Series and the NASCAR Truck Series. Plus, the company provides its AST data radios to many of the teams in the FedEx CART Series.

Biocam's AST System provides ''real time'' race car performance data (speed, RPMs and braking action) that can be seen along with the in-car camera view during NASCAR races broadcast by ESPN/ABC-TV. Biocam's information site on the in-car camera view is sponsored by Tabasco and is called ''The Tabasco Hot Zone.''

Innovative Holdings & Technologies, Inc. identifies, acquires and incubates early stage niche technology companies with outstanding growth potential.

SOURCE: Innovative Holdings & Technologies, Inc.

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Innovative Holdings & Technologies Inc (OTC BB:IHTL - news)