To: JWC who wrote (683 ) 2/8/1999 9:09:00 AM From: Due Diligence Read Replies (1) | Respond to of 956
USRF news: (COMTEX) B: USRF's CyberHighway Adds New Affiliate B: USRF's CyberHighway Adds New Affiliate BATON ROUGE, LA. (Feb. 8) BUSINESS WIRE -Feb. 8, 1999--Internet Media Corporation (OTC BB: USRF) (pronounced "you surf") announced today that its subsidiary, CyberHighway, Inc., had added a CyberHighway affiliate in Winnemucca, NV. The affiliate will immediately begin to add customers to the CyberHighway system. "We are pleased to add this new affiliate, and we expect to continue to add affiliates, especially now that we are able to offer Internet Media's breakthrough Wireless Internet access system," said Bill Basham, Internet Media Chief Operating Officer. "We definitely expect this and future new affiliates to allow us to continue CyberHighway's growth, footprint and subscriber. Our business is all about gaining customers, and we are continuing our vigorous pursuit of new customers," Basham continued. When ask for comment, Brad Rathbun, President of CyberHighway of Northern Nevada, stated, "I am very excited about our expansion into Winnemucca, a neighboring city to our existing location in Elko. CyberHighway has made it easy for us to expand into new markets and bring the same quality Internet Services to other areas that our Elko customers currently enjoy. At this rate, CyberHighway will be helping us to expand into another area within a year. CyberHighway's along with Internet Media Corp. will give us the competitive edge we need to provide Wireless Internet access to our Elko and Winnemucca customers. We already have superior Internet Services compared to the competition and the addition of Wireless Services will only serve to further dominate our market area." In expanding on Basham point, Internet Media's President, David Loflin, stated, "Our strategy of adding affiliates throughout the U.S. will permit us to achieve our goal of becoming a National wireless and dial-up ISP with a local presence, as well as maximize our capability for deploying a unique E-commerce model which will allow us to compete with established e-commerce companies." CyberHighway is a full-service ISP, offering its services, directly and through licensees, to residential and business customers in each of its more than 80 markets, this should allow the Internet Media ISP concept to compete successfully with national ISPs, like America Online (NYSE: AOL - news), Microsoft (Nasdaq: MSFT - news), EarthLink (Nasdaq: ELNK - news), Verio (Nasdaq: VRIO - news), AT&T (NYSE: T - news) and Mindspring (Nasdaq: MSPG - news), and regional ISPs, such as Micron (NYSE: MU - news) and Rocky Mountain Internet (Nasdaq: RMII - news). Additional information regarding CyberHighway can be obtained by visiting its web site, www.cyberhighway.net. Further information concerning USRF can be obtained by visiting www.internetmediacorp.com. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are subject to contingencies and uncertainties. Such forward-looking statements are not guarantees of future performance, are subject to numerous risks, including a failure of Internet Media to secure adequate funding and the failure of CyberHighway to continue its past growth rate, and are based on numerous assumptions about future conditions that could prove to be inaccurate. Actual events, transactions and results may differ materially from anticipated events, transactions or results described herein. -0- HK/na* CONTACT: Internet Media Corp., Baton Rouge James Kaufman, 805/493-9273 KEYWORD: LOUISIANA IDAHO INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***