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

To: Bert Zed who wrote (98)	12/17/1998 4:21:00 PM
From: Alf	Read Replies (1) \| Respond to of 211

Thursday December 17, 10:32 am Eastern Time Company Press Release American Interactive Media Enters Promotional Syndication Agreement With United Radio Networks USRN to Offer ComedyNet Programming to Affiliate Base of 2,500 Radio Stations and Their Websites NEW YORK--(BUSINESS WIRE)--Dec. 17, 1998-- American Interactive Media, Inc (OTC BB: AIME), the parent company of ComedyNet (http://www.comedynet.com), a twenty-four hour cutting edge, video streaming Internet network, announced today a relationship with United Stations Radio Networks for the promotional radio and Internet syndication of live comedic performances from the ComedyNet network, according to Mark Graff, AIME president and CEO. The agreement calls for ComedyNet to provide United Stations Radio Networks' 2,500 affiliate stations (http://www.usnr.com) with access to ComedyNet's audio library in exchange for the radio syndication of live comedic performances to be broadcast from the United Stations affiliate stations. The co-promotion will run until December 31, 1999. In addition, syndication promotions will also be available for radio stations' web sites, including for one month on the Z-100 website z100.com. Z-100 is a top United Stations client. ''ComedyNet Minutes'' (co-branded 'sitelet') will feature daily comedic videos and provide the Z-100 online audience with a sneak-peak at upcoming ComedyNet programming. Sitelets will also be provided to other United Stations clients that use the radio/Internet syndication model. ''When we launched ComedyNet on the Internet in May, we announced that this was the first stage of a programming migration strategy. Our goal is to create original high quality programming on the Internet which can easily port to other platforms including broadcast, digital and analog cable, direct satellite and other emerging technologies. The United Stations Radio agreement is an important step in that process as it helps prove our migration strategy and takes us another step closer to our long-term focus on next-generation digital set-top strategies, including television syndication and digital cable tiers. Importantly, the relationship also provides an immediate extension of the visibility of the ComedyNet brand and serves as an important traffic builder for the ComedyNet network,'' said Graff. David ''Dr. Dave'' Kolin, Director of Comedy at United Stations Radio said, ''Everyone at United Stations Radio is very excited about the syndication promotion with ComedyNet and is looking forward to taking this first step towards an expanding, long-lasting and mutually rewarding relationship.'' ComedyNet, launched in May, has already been receiving enthusiastic responses from both the industry and the consumer market. The new network has won the Humor Indies Three Star Salute award, the SAV award, from Audio Visual Daily news, for the top streaming audio/video comedy site, Best of the Planet award and the Top 100 Websearchers Award. The network features live and video-on-demand performances by comedic performers, sketch, improv and other short form programming produced in our studios and from various locations including the top comedy clubs across America. About United Stations Radio: United Stations Radio Networks, Inc., is the largest independently owned and operated radio network. The company currently distributes and produces multiple format specific services to 2,500 radio stations across the country including Adult Contemporary, Album Rock, Contemporary Hits, Country, NAC, Oldies, Urban and Talk. The New York-based company was founded in 1994 by radio pioneers Dick Clark and Nick Verbitsky. 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.