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To: Mel Spivak who wrote (1565)2/4/1999 2:16:00 PM
From: Pennyslayer  Read Replies (1) | Respond to of 2038
 
NEWS OUT ON SDMT: More news out tomorrow or Monday.

Company Press Release

Sedmet Exploration, Inc. Changes Name to
Entertainment Boulevard, Inc.

MARINA DEL RAY, Calif.--(BUSINESS WIRE)--Feb. 4, 1999--Sedmet Exploration, Inc. (OTC Bulletin Board: SDMT -
news) formally changed its name to ENTERTAINMENT BOULEVARD, INC. effective 29th January 1999, and will trade
under its new symbol EBLD, on the Over the Counter Bulletin Board beginning Friday, February 5, 1999.

Traffic to the company's website. www.EntertainmentBlvd.com has quadrupled over the last three months. The company's
strategy for growth is to continue to develop EntertainmentBlvd.com into a unique medium for popularizing entertainment in
many media for diverse audiences.

Current sites include the recently launched ComedyNet, as well as original sites Vidnet, Screen Clips, and Pro Sports Net,
featuring streaming music videos, movie trailers, and sports programming respectively. Plans call for new
EntertainmentBlvd.com sites to be launched soon. Currently in the late stages of development, significant strategic partnerships
with several companies are expected to be announced shortly.

Forward looking statements in this press release are made pursuant to the ''Safe Harbor'' provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties,
including, without limitation, the continued popularity of the Company's websites and product orders stemming therefrom,
increased levels of competition, technological change, dependence upon third party suppliers, and other risks.

Contact:

Sedmet Exploration, Inc., Marina Del Ray
Art Brown (Investor Relations), 877/711-7788