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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Regeloney who wrote (1329)	11/6/1998 1:00:00 PM
From: tom3Dvideo	Respond to of 2211

On a related note... These guys will need content to fill a 3D cable channel. SALT LAKE CITY, Nov. 4 /PRNewswire/ -- Chequemate International, Inc. (OTC Bulletin Board: CQMT) reports that it is on schedule as it aggressively moves forward with its strategic business plan to launch a 3-D satellite television entertainment network. Today it acquired the first of many, targeted pay-per-view hotel rooms to build a national presence into one of the four major television markets. The name of the newly acquired company is Alpha Broadcasting Corporation an authorized Holiday Inn Express dealer who currently operates 3,000 hotel rooms which provide pay-per-view services to the guests. Inclusive of this transaction Paul LaBarre will be joining Chequemate to expand and operate its pay-per-view 3-D to the guests, division of the Company. Mr. LaBarre has over 25 years in the cable television business working with such companies as Comsat, Skylink America, Television Entertainment and Hotel Movie Network. Mr. LaBarre and his technicians bring with them over 68 years of experience in almost every phase of the cable television business from installations, billing and collections to pay-per-view software development. Chequemate announced earlier this year that it would launch the first 3D-entertainment television network. Chequemate's patented 3-D Digital technology will allow viewers to enjoy television entertainment as never seen before. This will include sporting events, exciting action, horror and adventure movies, live events, family and adult oriented programming. Today's acquisition is the first of many strategic moves to launch the network in the first quarter of 1999. The first market will begin with C-band subscribers (large TV satellite owners) and the lodging pay-per-view industry. Following will be the direct broadcast and cable television market. Unlike most niche television networks, the C-3D channel is not limited to a particular ethnic group, hobbyist or limited classification of people but has broad market appeal. This will give the C-3D channel the opportunity to become a worldwide television network. SOURCE Chequemate International, Inc. /CONTACT: Kim D. Southworth of Chequemate International, Inc., 801-322-1111/