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Technology Stocks : RNET- Internet, Cable, Television & Radio Wellness -- Ignore unavailable to you. Want to Upgrade?

To: FOOL4BUX who wrote (18)	1/20/1999 3:17:00 PM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 123

Diff btw this press release and one in Nov is that the program is now 'launched'...stock gaining some vol late in day....91/.94 on 43,000...up .16 for day. gpg Recovery Network Launches Cable Programming in Prime Time Slot in City of Los Angeles Network to Air Over City's Educational Channel Serving 600,000 Cable Households SANTA MONICA, Calif.--(BUSINESS WIRE)--Jan. 20, 1999-- Recovery Network Inc. (Nasdaq:RNET - news) and the Los Angeles Cable Television Access Corp. Wednesday announced an agreement to carry all of Recovery Network's cable television programming on the Los Angeles City-controlled Educational Access Cable Channel 36. Channel 36 is available to every home with cable access in the City of Los Angeles (approximately 600,000 cable households) and is interconnected amongst the seven cable operators serving the city. William Moses, chairman of Recovery Network stated: ''This carriage agreement is demonstrative of how municipalities can work with the local cable systems and its citizens in offering cable programming that address drug and alcohol abuse, eating disorders, child and spouse abuse and the devastating effect that these disorders and other behavioral problems have on our communities. Recovery Network's programming will have a very positive effect for Los Angeles and, most importantly, its families and children.'' In addition to its programming, which began airing on Jan. 4, 1999 daily from 9 p.m. - 1 a.m., except Tuesday, when it airs from 10 p.m. - 2 a.m., the agreement provides for Recovery Network to participate with other leading corporations to develop a citywide two-way interactive television and internet communication platform for public schools and selected content provider sites with the City of Los Angeles. About Recovery Network The Recovery Network is a digital media company utilizing its cable television network currently being delivered into over 5 million U.S. households, Internet and telephony platforms to provide social and behavioral health programming, products and services to a national audience. The company's primary market are those impacted by social and behavioral problems that effect 100 million Americans at a cost to the economy in excess of one-half trillion dollars annually, increased health care costs, crime and lost productivity. Recovery Network's National Partnership for Recovery and Prevention (NPRP) consists of over 50 prominent national health, recovery and prevention organizations such as Betty Ford Center, Child Welfare League and MADD that represent over 40 million people throughout the United States. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions, and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. Contact: Recovery Network Inc., Santa Monica Sandra Eddy, Vice President 310/393-3979 or Investor Relations: Continental Capital & Equity Corp. Dodi Zirkle, 407/682-2001 dodi@insidewallstreet.com