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To: Sly_ who wrote (1209)9/8/1998 9:14:00 AM
From: dexx  Respond to of 2038
 
Here is a stock that is at its 52-week low and has some very good news out this morning on Business Wire.

NXTC: NexTech Enterprises

NexTech Enterprises Announces Intention to Acquire DNA Pacifica

Profitable DNA Pacifica Would Distribute NexTech's Nutritional Products Nationwide


LOS ANGELES--(BUSINESS WIRE)-September 8, 1998--NexTech Enterprises International, Inc. announced today it intends to acquire DNA Pacifica, a profitable, privately held nutritional supplement distribution company headquartered near San Diego CA.

Through its numerous offices in California, Arizona, Oregon and New Mexico, DNA Pacifica specializes in providing the highest quality nutritional supplements and supplement regimens to the increasing number of doctors and medical professionals who incorporate nutritional programs into their treatment plans.

Included in DNA's 2,000+ products are NexTech's advanced, trademarked formulations for liquid chelated minerals (Keylation Solution), super-oxygenated water (Bio-Oxygen) and a patented non-invasive intracellular mineral test (Nutri-Probe). DNA also carries proprietary lines of sub-lingual sprays, vitamins, botanicals, homeopathics, ointments, and other over-the-counter preparations.

Additionally, DNA Pacifica offers nutritional counseling and education to professionals, patients and students through DNA's respected seminar programs.

As part of the pending acquisition, DNA Pacifica President Joseph D. Beldonza would continue to supervise DNA's operations and, further, would oversee all distribution of NexTech's products in the United States.

NexTech President Dr. Ronald J. Amen said, "We view the acquisition of DNA Pacifica as a significant addition. As DNA already sells nutritional products in all 50 states, NexTech now is poised to dramatically increase sales of NexTech's advanced nutritional products on a national scale. This is the kind of distribution network we have been actively pursuing."

Mr. Amen noted, "DNA Pacifica is profitable and has positive cash flow. We expect to generate a healthy increase in shareholder value from this new property."

Terms of the acquisition are being negotiated.

NexTech Enterprises International, Inc. (OTC Bulletin Board: NXTC - news) is a multi-industry science and technology company. NexTech manufactures chemical, medical and nutritional products. Subsidiaries of NexTech include Rose Color, Inc. a colorants producer and supplier with facilities in Newark, NJ and India; NexTech Healthcare, a marketer of proprietary healthcare products; and SPS Alfachem, a development/sales company producing fine chemicals and pharmaceutical intermediates, nutraceuticals, herbs and herbal extracts.

This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company are detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

Contact:

NexTech Enterprises, International
910 Hampshire Road, Suite A
Westlake Village CA 91361

Phone: (805) 496-0301
Fax: (805) 496-0801



To: Sly_ who wrote (1209)9/22/1998 8:29:00 AM
From: Sly_  Respond to of 2038
 
**USRF news release**

Tuesday September 22, 5:58 am Eastern Time
Company Press Release
SOURCE: Internet Media Corporation
USRF to Benefit from Recent FCC Ruling Permitting High-Speed Internet Access
BATON ROUGE, La., Sept. 22 /PRNewswire/ -- Internet Media Corporation (OTC Bulletin-Board: USRF) announced today that it would, in the wake of an FCC ruling permitting two-way communication on the Wireless Cable TV (MMDS) spectra, expand the development of its Wireless Internet technology to include cities where USRF already owns spectrum designated for Wireless Cable TV (MMDS) use, originally this spectrum was to be used in the development of cable TV systems. USRF's Wireless Internet system can be adapted easily for use in a wireless cable (MMDS) environment. USRF had previously announced that it would suspend efforts to exploit its wireless cable TV (MMDS) spectra, pending FCC approval of two-way communication.

''We have always been certain that the FCC would make this ruling, we just expected that it would be a year or two down the line,'' said David Loflin, USRF's President. ''This ruling opens the markets to more competition which we favor, and we remain extremely confident that our Wireless Internet system can compete effectively, in light of our low cost of system build-out,'' stated Mr. Loflin.

Prior to this FCC ruling, ''wireless'' Internet access in a microwave, or wireless cable TV(MMDS), setting was a misnomer in these systems, only outbound data is transmitted by microwave, whereas inbound data is transmitted by a traditional telephone line. Generally, the superior speed described by firms offering these ''wireless'' systems applies only to the outbound portion of transmissions, while the overall speed of these systems is substantially diminished by the telephone-line (inbound) portion of these systems.

USRF's technology is completely non-reliant on a hard-wire telephone line or cellular telephone system. It enables 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.

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.

For further information on Internet Media visit stockwire.com and internetmediacorp.com.

SOURCE: Internet Media Corporation

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