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Technology Stocks : American Interactive Media, Inc. ( AIME ) (OTC BB ) -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (90)12/1/1998 12:21:00 PM
From: Jxcxjx  Read Replies (1) | Respond to of 211
 
Subj: AMERICAN-INTERACTIVE
Date: 12/1/98 10:55:58 AM Eastern Standard Time
From: newsroom@bizwire.com
Sender: newsroom@bizwire.com
To: media@bizwire.com

BW1302 DEC 1,1998 7:52 PACIFIC 10:52 EASTERN
( BW)(AMERICAN-INTERACTIVE)(AIME) American Interactive Media to
Launch Affinity Internet Shopping Service

Business Editors

NEW YORK--(BUSINESS WIRE)--December 1, 1998--

- Preferred Consumer Network (PCN) Internet Shopping Service to
Offer Guaranteed Low-Price Shopping -

American Interactive Media, Inc. (OTC BB: AIME;
aime-inc.com) announced today a major step in its Internet
and e-commerce initiatives with the planned early 1999 launch of an
Internet shopping service for the Preferred Consumer Network (PCN), a
membership-based discount shopping service with nearly 500,000
fee-paying members across the U.S. The PCN relationship represents the
first affinity agreement to result from AIME's September 30th
strategic alliance with MMG Direct. The service will also be
integrated into all of AIME's custom Internet portals which will be
marketed to members of other MMG Direct affinity organizations which
collectively have over 30 million active members.
The PCN Internet shopping service is slated to be the definitive
shopping site for discounts and will enable PCN members to buy
100,000s of products and services such as books at Amazon.com
(NASDAQ:AMZN), CDs and cassettes at CDnow.com (NASDAQ:CDNW), travel at
previewtravel.com (NASDAQ:PTVL), toys at eToys.com, cars at
autobytel.com as well as prescription drugs, car insurance and other
services at "member-only" pricing. PCN members will also gain access
to proprietary content such as "PCN Insider Savings Tips," "Hot
Deals," "Smart Money Investment Tips," and a PCN electronic newsletter
as well as stock quotes, web-based e-mail and popular content
directories.
Members will be notified of the new Internet-based shopping
service through package inserts and through quarterly newsletter
mailings to all PCN members. PCN members without Internet access will
be mailed a PCN Internet access CD-ROM, and subscribers who sign up
for PCN's Internet access will automatically visit the PCN web site
each time they connect to the Internet.
Mark Graff, AIME CEO and President, said, "Our relationship with
PCN is a perfect example of the breadth of AIME's capabilities in
delivering custom portal solutions for our strategic partners. We
believe PCN has the potential to generate substantial recurring
revenue for AIME from ecommerce, online advertising and Internet
access fees."
Rick Ford, Executive Vice President of MMG Direct/PCN, said, "By
marketing to the existing PCN membership base, AIME and MMG are
uniquely positioned to become a leader in the fast growing
e-commerce/Internet marketplace. PCN is one of our major e-commerce
strategies and will be aggressively promoted to the 30 million members
within our various affinity partners."

About MMG Direct:
MMG Direct, Inc. established itself in 1990 as an integrated
direct marketing and consulting firm offering turnkey direct marketing
solutions to the non-profit fundraising industry. Its clients include
organizations such as the American Lung Association, the National
Kidney Foundation, American Diabetes Association and the Republican
National Committee. More recently MMG has developed its commercial
telemarketing division with such notable customers as MBNA, Wells
Fargo Bank, MCI, Ford Motor and J. Walter Thompson. In its over eight
years in business, MMG has expanded to four locations across the
country with outbound telemarketing capacity exceeding 80,000 hours
per month. MMG has also developed a profitable marketing program that
is successful in penetrating the sub-prime credit card market. MMG's
bank relationships within the sub-prime market include several key
industry participants.

About AIME:
American Interactive Media is dedicated to the creation of a wide
range of programming and services incorporating video and audio
information through a rich interactive environment designed
specifically for the Internet, digital cable and other distribution
channels. The webPASSPORT Access Network and Portal is AIME's
proprietary, easy to use and inexpensive Internet access service
customized and co-branded with affinity groups worldwide.

--30--jrw/ny*

CONTACT: AIME Contact:
Mark Graff, President and CEO
212/539-0700, info@aime-inc.com
or
MMG Contact:
Rick Ford
Executive Vice President
and Chief Marketing Officer
800/872-0461
or
AIME Investor Relations Contact:
David Collins/Vicki Siegel
Jaffoni & Collins
212/835-8500, aime@jcir.com
or
AIME Media Contact:
Richard Lewis
Richard Lewis Associates
818/955-5481, rlewis@abc.com

KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT

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To: Hawkmoon who wrote (90)12/1/1998 6:59:00 PM
From: joe joe  Read Replies (1) | Respond to of 211
 
AIME is a company that appears to be ahead of the market place marrying the web with television.

With new financing in place here is an internet stock with strong momentum. Management has extensive experience in the creation, sales and marketing of cable and broadcast programming and networks.

Look for more positive news as this company joins the other successful Internet stocks.