Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?

To: wlcnyc who wrote (18429)	1/19/1999 8:58:00 AM
From: Brady B.	Read Replies (1) \| Respond to of 18444

NEWS...... Omni-Net.com Names Richy Glassberg President & CEO NEW YORK--(BUSINESS WIRE)--Jan. 19, 1999-- Highly Regarded Internet Industry Executive Given Mandate To Build Online Interactive Marketing and Ad Rep Firm From The Ground Up Omni-Net.com, a subsidiary of Enhanced Services Company, Inc. (OTC: "ESVS") and an affiliate of Zulu-tek, Inc. (OTCBB: "ZULUD") and BrandsforLess.com, announced today that Internet industry veteran Richy Glassberg will join Omni-Net.com as its President and CEO, effective immediately. Mr. Glassberg was senior vice president and general manager of Turner Interactive Sales, a division of Turner Broadcasting Sales Inc., where he headed up all online activities for CNN.com, CNNSI.com, CNNFN.com CartoonNetwork.com and WCW.com. "Glassberg's appointment as president and CEO is a significant step in building an effective team of experienced professionals who will run and grow the client base of Omni-net.com and signals the online advertising industry that we are committed to creating a sizable online advertising and marketing sales rep firm," noted Robert Chmiel, chief operating officer of Enhanced Services. Chmiel added that although online the advertising industry continues to grow at record pace, the advertising and promotional service for many content sites is underdeveloped and in some cases entirely unexploited, which creates a significant opportunity for Omni-net to build an environment. "Richy is among those executives who early on saw the potential of the Internet as a major major growth medium for advertising and commerce," added Chmiel. Mr. Glassberg will be based in the company's New York headquarters and will expand its sales offices and increase hiring of staff in Los Angeles and San Francisco. "The industry has grown to the point that now is the perfect time for a multimedia ad rep firm like Omni-net.com to become a major player in the online world," said Mr. Glassberg. "There now exists a critical mass of talented people who have grown up in the business and know how to capitalize on the existing and future opportunities that the online medium offers. By starting this business under the Omni-net umbrella and creating an encompassing network of sites, the efficiencies exist for branding and marketing campaigns as well as for creating targeted ad buys. This is an exciting time for me to help build a company from the ground up." Mr. Glassberg is a founding member of the Internet Advertising Bureau and serves on the IAB Board of Directors as vice chairman and treasurer. He joined Turner Broadcasting Sales in 1990 as an account executive for TBS Superstation and TBS. In 1993, he relocated to Los Angeles to manage the ad sales offices for the two networks. In 1995 he returned to New York as senior account executive for CNN and Headline News and was instrumental in the creation of Turner Interactive Sales. Prior to joining Turner, he was in ad sales for MTV Networks. He is also a member of the FAST Forward Steering Committee; a broad-based Internet industry coalition dedicated to accelerating the development and use of digital advertising. Additionally, Mr. Glassberg serves as vice chairman of the Interactive Media Liaison Committee for ABC Interactive, a wholly-owned subsidiary of the Audit Bureau of Circulations. Enhanced Services, in combination with Omni.net.com, Zulu-tek, and BrandsForLess.com, represents the convergence under one umbrella of diverse services focused specifically on the Internet as a communications and transaction medium creating a new specialty in the e-commerce arena. BrandsForLess.com is dedicated to simplifying Internet shopping for the consumer and providing a "turnkey" e-commerce solution for merchants and portal sites. BrandsForLess.com currently offers over 1,500 brands and over 500,000 products with the same service and a 100% satisfaction guarantee shoppers expect from upscale department stores. Forward-looking statements in this release concerning trends or anticipated operating results are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward- looking statements are not guarantees of future performance and are subject to risks and uncertainties related to the Company's operations. These risks and uncertainties include, but are not limited to, competitive factors (including the possibility of increased competition or technological development, competitors and price pressures); legal factors (such as limited protection of the Company's proprietary technology and changes in government regulation); and the Company's dependence on key personnel and significant customers. CONTACT: Contacts for Omni-Net.com: Stu Ginsburg, Sr. Vice President Corporate Entertainment & New Media Group Bender, Goldman & Helper (212) 371-0798 sginsburg@bghny.com or Lee Helper Bender, Goldman & Helper (310) 473-4147 lee_helper@bgh.com Contacts for Enhanced Services Company and Zulu-Tek: Investor & Public Relations Tom Ekman or Anita-Marie Hill Sitrick and Company 310-788-2850 Brokers and Analysts: Keith Fetter Piedmont Consulting 404-233-6999 Web site: zulumedia.com Web site: brandsforless.com