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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: IRVINESULLY who wrote (310)	12/2/1998 11:49:00 AM
From: Tracy Moore	Read Replies (1) \| Respond to of 15987

Harrington Bros. are making a spectacle at RIMC!!! News just released: Wednesday December 2, 10:41 am Eastern Time Company Press Release SOURCE: Reliant Interactive Media Corp. Reliant Interactive Media Announces Letter of Intent for Internet and Television Alliance With Tel-Com Wireless Cable's 5th Avenue Channel CLEARWATER, Fla., Dec. 2 /PRNewswire/ -- Reliant Interactive Media Corp. (OTC Bulletin Board: RIMC - news) announced today that it has signed a letter of intent with Tel-Com Wireless Cable TV Corp. (Nasdaq: TCTV - news). The relationship between the two companies will focus on three elements. The first is a licensing agreement that will grant TCTV the rights to air Reliant's 'Smokin' Lifestyles' show on Ivana Trump's 5th Avenue Channel. Additionally, the two companies will form a strategic link between TCTV's 5thAvenueChannel.com website and Reliant's Cigarnow.com internet store-front, where Cigarnow.com products will be offered for sale on 5thAvenueChannel.com and vice versa. Finally, Reliant and TCTV will embark on a joint venture for the launching of both 5th Avenue Channel and 5thAvenueChannel.com in Japan. Specific terms regarding licensing fees and revenue and profit sharing arrangements were not disclosed. ''We are extremely pleased with this affiliation,'' said Kevin Harrington, Reliant's Chairman and CEO. ''By partnering with TCTV and 5th Avenue Channel, we are able to create significant marketing synergies. The sheer potential exposure of our mutual web addresses through the 'smokin' lifestyles' show, the cigarnow.com website, and the 5thAvenueChannel.com website is tremendous. Like us, TCTV believes that TV marketing will be instrumental in creating web sales.'' The 5th Avenue Channel is the luxury lifestyles television channel hosted by Ivana Trump, who also serves as the 5th Avenue's Chairman of the Board. The Channel will air Bloomberg Television programming and other business programs in its ''5th Avenue Financial'' segments; fashion shows and interviews from Fashion TV; travel and other lifestyles programs; and shopping opportunities, including segments from the House of Ivana. The Channel's Internet site -- 5thAvenueChannel.com, to be launched in early December -- features high-end products and services to be offered for sale on the Internet. According to Neilson Media Research, over 80 million adults in the U.S. and Canada are on line, up 21 million in nine months, and 60% use the Internet to shop. Millions more are on line around the world. Driven in part by its television programming and media presence, 5thAvenueChannel.com anticipates attracting electronic shoppers to its Internet site and its luxury brand goods, sourced from manufacturers and retailers worldwide. 5th Avenue Channel Club members will be offered, on television and through the Internet, special shopping opportunities, travel bargains, and frequent buyer benefits. CigarNow.com is Reliant's first web-based e-commerce venture which features over 550 premium cigars, plus accessories and upscale lifestyle products. CigarNow.com will also serve as the electronic cigar vendor on several high-profile, high-traffic partner sites. Reliant Interactive Media, headquartered in Clearwater, Florida, is a multimedia marketing company. The company utilizes proven marketing techniques to drive sales through traditional retail channels, as well as television, radio, print, direct mail, catalogs, and the internet. The Company's approach is to 'mentor' a Reliant product into successful consumer acceptance, thereby capturing multiple product licensing and revenue opportunities. SOURCE: Reliant Interactive Media Corp.