Close at .84/.97 yest...here is release from today and one from a few days ago:
Recovery Network Launches in Indianapolis
Company Expands Reach Into 226,000 Additional Cable Households
SANTA MONICA, Calif.--(BUSINESS WIRE)--Jan. 27, 1999--Recovery Network Inc. (Nasdaq:RNET - news) and the
Marion County Franchise Board Wednesday announced an agreement to carry all of Recovery Network's cable television
programming on the City-controlled Access Channels.
Channel 99 for homes receiving Time Warner and public access channel 13 for homes receiving Comcast will carry Recovery
Network programming. The two cable companies combined reach approximately 226,000 cable households in the Indianapolis
city limits.
Recovery Network programming began airing in Indianapolis on Jan. 1, 1999 daily from 11:00 P.M. - 6:00 A.M.
William Moses, chairman of the board of Recovery Network, said: ''This announcement follows on the heels of our launching
in Los Angeles; Lanett, Huntsville and Montgomery, Alabama; Augusta, Georgia; and Panama City, Florida -- all announced
last week. We are clearly gaining momentum in achieving U.S. market penetration, which is the cornerstone of our corporate
mission to build enhanced shareholder value. Bear in mind that increased marketshare directly correlates with the perceived
asset value of the Recovery Network within the cable industry. As such, we intend to remain aggressive with our grass roots
marketing efforts in hopes of achieving 10 million cable households by the end of this year.''
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 healthcare 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. Information on the company may also be found on
the Internet at www.recoverynetwork.com.
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
KNOLOGY to Launch Recovery Network in Five
Markets
SANTA MONICA, Calif.--(BUSINESS WIRE)--Jan. 22, 1999--Recovery Network Inc. (Nasdaq:RNET - news) and
KNOLOGY recently announced an agreement to carry all of Recovery Network's cable television programming in five
systems serving 65,000 cable households.
The February launches include Lanett, Huntsville and Montgomery, Ala.; Augusta, Ga.; and Panama City, Fla.
William Moses, chairman of the board of Recovery Network, said: ''This carriage agreement is demonstrative of how
municipalities can work with the local cable systems and its citizens in offering cable programming that addresses substance
abuse and the devastating effect it has on our communities. Recovery Network's programming will have a very positive effect
for the communities KNOLOGY serves and, most importantly, the families and children.''
Taylor Nipper, senior director of programming for KNOLOGY said, ''The addition of the Recovery Network to our lineup
reinforces our strong commitment to support our local communities with beneficial programming.''
KNOLOGY, based in West Point, Ga., is the leading provider of bundled communications services in the Southeast.
KNOLOGY's hybrid fiber coaxial networks are some of the most technologically advanced in the country. KNOLOGY is part
of the ITC group of companies, which includes InterCall, ITC DeltaCom, MindSpring Enterprises and Powertel. Please visit
our Web site at knology.com.
The Recovery Network Inc. is a digital media company utilizing its cable television network, radio, 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 affected by social and behavioral problems that effect 100 million Americans at a cost to the
economy in excess of one-half trillion dollars, annually, in increased healthcare costs, crime and lost productivity. The Recovery
Network is located on the World Wide Web at recoverynetwork.com.
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, 310/393-3979
or
KNOLOGY
Edna Johnson, 706/645-2587
or
Investor Relations:
Continental Capital & Equity Corp.
Dodi Zirkle, 407/682-2001
dodi@insidewallstreet.com
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