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

To: Summer Wind who wrote (209)	12/1/1998 12:23:00 PM
From: BarbaraAnne	Read Replies (1) \| Respond to of 956

News!! BATON ROUGE, La., Dec. 1 /PRNewswire/ -- Internet Media Corporation (OTC Bulletin Board: USRF) announced today that it has completed development of the Third Generation of its proprietary Wireless Internet System. Also, USRF intends to file for patent protection of its Wireless Internet System as soon as practicable. USRF's Third Generation Wireless Internet System brings lower operating costs of a particular system to the customer level. Whereas the second generation Wireless Internet System facilitated costs savings in the installation and implementation of a particular system, this Third Generation Wireless Internet System permits quicker and less-expensive customer installations. "We have now refined our Wireless Internet System to the point that it is time to file for patent protection, as we have now been able to minimize costs throughout a particular system," said David Loflin, USRF's President. "At the customer level, USRF's system is now essentially plug-and-play, which creates more options for marketing USRF's Internet service in a particular market. Because of the lower per-installation costs associated with the Third Generation System, we are contemplating a marketing approach similar to that used by cellular telephone companies, that is, the use of authorized retailers throughout a particular market," Mr. Loflin continued. "This strategy would be designed to penetrate the at-home-user market segment, while we will implement a more traditional sales approach in acquiring the more lucrative commercial accounts, where there is a demand for faster, more cost-effective data transmission capabilities," concluded Mr. Loflin. In conjunction with the marketing of USRF's Third Generation Wireless Internet System in a particular market, USRF will offer its proprietary Wireless DataLink System, which is designed as a less-maintenance-intensive alternative to traditional, dedicated hard-wire data transmission systems that are required to transmit high volumes of data. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, 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 www.internetmediacorp.com. SOURCE Internet Media Corporation -0- 12/01/98 /CONTACT: David Loflin of Internet Media Corporation, 225-922-7744/ /Web site: internetmediacorp.com (USRF) CO: Internet Media Corporation ST: Louisiana IN: CPR MLM SU: PDT