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Microcap & Penny Stocks : USRF - Wireless Internet Access -- Ignore unavailable to you. Want to Upgrade?

To: Jack Sman who wrote (25)	8/11/1998 6:30:00 AM
From: BONZ	Read Replies (1) \| Respond to of 956

PRESS RELEASE...USRF RETAINS M&A FIRM!!!! Tuesday August 11, 6:01 am Eastern Time Company Press Release SOURCE: Internet Media Corporation Internet Media Retains B. Edward Haun & Co. To Assist With Mergers and Acquisitions BATON ROUGE, La., Aug. 11 /PRNewswire/ -- Internet Media Corporation (IMCOR) (OTC-Bulletin Board: USRF - news) announced today that it has retained B. Edward Haun & Co. (BEH & Co.), a research and investment banking solutions firm, to assist it in acquiring Internet service providers (ISPs). Specifically, the firm will identify ISP acquisition and merger candidates and perform preliminary negotiations. Internet Media has developed a high-speed, wireless Internet and intranet technology that is completely non-reliant on a hard-wire telephone line or cellular telephone system. ''Our strategy is to purchase quality IMPS in strategic markets and thereby capture an existing customer base and a ready market through which to launch and expand our wireless Internet services,'' said David Loflin, IMCOR's president. He added that BEH & Co. was instrumental in the company's first two ISP acquisitions in Santa Fe, NM and St. George, Utah, and can help IMCR gain a national presence quickly. James Kaufman of BEH & Co. said, ''We believe the freedom of a wireless Internet will become as popular and habit-altering as cellular telephones have been, and are excited to be involved in the process of creating the first 21st Century ISP.'' BEH & Co. is also helping the company find capital to build wireless Internet and intranet systems in medium-sized cities. These systems will enable constant and mobile access to the Internet from any PC or laptop within the company's transmission area, at speeds ranging from two to 10 times faster than normal dial-up access. B. Edward Haun & Company has offices in Denver and Los Angeles. This press release contains forward-looking statements which are subject to contingencies and uncertainties. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could prove to be inaccurate. Actual events, transactions and results may differ materially from anticipated events, transactions or results described herein. SOURCE: Internet Media Corporation More Quotes and News: Internet Media Corp (OTC BB:USRF - news) Related News Categories: internet