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Microcap & Penny Stocks : MXMX MediaX Corporation -- Ignore unavailable to you. Want to Upgrade?

To: a. paisley who wrote (855)	2/1/1999 10:43:00 AM
From: caly	Read Replies (1) \| Respond to of 955

News out.... Monday February 1, 9:29 am Eastern Time Company Press Release SOURCE: MediaX Corporation MediaX Brings Amuznet.com On-Line Offers 265,000 Entertainment Titles on the Internet CULVER CITY, Calif., Feb. 1 /PRNewswire/ -- MediaX Corporation (OTC Bulletin Board: MXMX - news) today announced that it will officially go live with www.amuznet.com on Wednesday, February 3, 1999, 12:00 noon Pacific Time. The site will offer over 265,000 titles of pre-recorded music on CD, video and DVD from all major record labels and over 4,000 independent music labels, aggressively priced to compare favorably with other sites. Amuznet.com will be linked to MediaX's network of celebrity sites such as www.rodstewartlive.com and others to be announced soon. Amuznet.com will be implemented in stages. The first phase will feature an uncomplicated and user-friendly interface, while the company lays the foundation for a completely revolutionary way to buy music. Additional phases will culminate into a proprietary, highly confidential, Music Agent interface that will set a new standard in the industry. Several important strategic alliances for aggressive marketing of the site are being negotiated and will be executed in the weeks and months to come. Amuznet.com will be promoted with a number of exceptional and highly visible Internet and traditional events and strategic tie-ins with other large Internet companies, starting in February of 1999. The MediaX e-commerce site has been designed to process and fulfill all on-line customer orders automatically and with the most secure credit card processing method on the Internet available today. An agreement with CyberCash, the world leader in secure and convenient payment technologies and services enables MediaX to process e-commerce payments across the entire market spectrum of electronic retailing environments on the Internet while providing absolute security. All maintenance of inventory and order processing will be handled by one of the world's largest entertainment product fulfillment providers for the Internet and Direct to Consumer Business, the largest one-stop supplier to the music industry. MediaX's customers will be able to order product 24 hours a day through the Internet or by using MediaX's 1-800 line, directly or by voice mail at MediaX's 24-hour call center. Secure credit card processing and verification is immediate and online and orders can either be shipped by same-day turnaround for overnight, 2-day priority delivery service, or any other standard shipping method. MediaX expects to be able to fill an average of more than 94% of customer orders immediately. The Company expects to generate significant revenues off its e-commerce site during the 1st and 2nd quarter of 1999 and is aggressively expanding its e-commerce model and network of celebrity web sites, including www.rodstewartlive.com. The company plans to develop Amuznet.com into one of the most entertaining and information-rich gathering places on the Internet. Initial contracts to expand into other media have already been signed and projects are currently in the development stages. Founded in 1996, MediaX Corporation is an award-winning developer of new media content for entertainment companies and interactive satellite channels, is currently establishing a network of celebrity web sites and is offering more than 260,000 entertainment titles on-line at www.amuznet.com. Please visit the official Rod Stewart web site www.rodstewartlive.com and the site for Big Brother www.big-brother.com. Headquartered in Culver City, California, MediaX owns and operates a digital production facility in Santa Cruz, California. For more information on this and additional general information is available on the World Wide Web at www.mediax.com. For Investor Relations and a free investor's package call TC Group 419-991-6611 or MediaX at 310-815-8002 or e-mail to investorinfo@mediax.com. SOURCE: MediaX Corporation --------------------------------------------------------------------------------