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

To: caly who wrote (862)	2/3/1999 3:28:00 PM
From: Spyder	Read Replies (1) \| Respond to of 955

MediaX Goes Live With amuZnet.com Wednesday February 3,2:00 pm Eastern Time Company Press Release SOURCE: MediaX Corporation MediaX Goes Live With amuZnet.com CULVER CITY, Calif., Feb. 3 /PRNewswire/ -- MediaX Corporation (OTC Bulletin Board: MXMX - news) today announced that its www.amuZnet.com retail music site is now officially on-line and open for business. The site offers over 265,000 titles of pre-recorded music on CD, video and DVD from every major record label and over 4,000 independent music labels. CDs on amuZnet.com are aggressively priced to compare favorably with other sites and the site is waiving standard shipping and handling charges during the ''Grand Opening'' period, through March 1, 1999. Orders placed are processed in real time while customers are on the site and the availability of product for immediate shipping is displayed instantly during the order process. The customer's credit card is only billed upon actual shipment of product. amuZnet.com is linked to MediaX's network of celebrity sites such as www.rodstewartlive.com. This first launch phase of amuZnet.com will feature an uncomplicated and user-friendly interface, while the company lays the foundation for a completely revolutionary way to buy music. Customer feedback and reporting is encouraged during this initial launching period and will help in building the next phases of the site. Additional phases will culminate into a proprietary, highly confidential, Music Agent interface that will set a new standard in the industry. amuZnet.com will be promoted with a number of highly visible web sites and Internet and traditional marketing events including strategic tie-ins with other large Internet companies. The first set of events will be announced within the next few days. 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. The company plans to develop amuZnet.com into one of the most entertaining and information-rich experiences on the Internet today. Initial contracts to expand MediaX's e-commerce efforts into broadband 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 offers more than 265,000 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 information on MediaX, please visit the World Wide Web at www.mediax.com. For Investor Relations and a free investor's package call TC Group 419-339-6166 or MediaX at 310-815-8002 or e-mail contact and mailing information to investorinfo@mediax.com. SOURCE: MediaX Corporation ********************************************** The funny thing about this release is that the amuZnet.com is barely "0n-line" with one web page!!!! Another interesting thing is that for a web site development company, MXMX, is pretty slow to update their own website. I'm not too impressed with this company, maybe because I've lost about $10K. I'm still holding some shares in hopes they can find their niche. The direction they are going certainly does look promising. Hopefully, they'll be another amazon.com for CDs. ....Spyder....