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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (3156)	2/10/1999 9:02:00 AM
From: RavenCrazy	Respond to of 57584

This just out, may have already been factored into the rise from 0.04 to 0.53, then settling in the thirties: Wednesday February 10, 8:05 am Eastern Time Company Press Release Diamond Entertainment Corporation Announced the Scheduled Launching of Their E-Commerce Web Site CERRITOS, Calif.--(BUSINESS WIRE)--Feb. 10, 1999--Diamond Entertainment Company Inc. (OTC:DMEC - news) in the business of distributing and selling video cassettes, general merchandise, a patented toy and chromium gift cards, announced today the launching of their E-Commerce Web Site diamond-entertainment.com which is scheduled for March 1999. The site will offer Diamond's proprietary video line of religious, educational and classic film titles. The videos will consist of multi-pack titles such as a 5 Pack video of ''Lucile Ball,'' 5 pack video of ''Dick Van Dyke,'' also including other video titles such as the high quality 9 animated episodes of the religious ''Testaments,'' and computer tutorial series such as the ''Family Guide to Internet,'' etc. The Web Site will also offer Diamond's proprietary line of CineChome(TM) Collectible (Greeting) Cards featuring such well-known images created by Norman Rockwell for the Saturday Evening Post, which are available for sale now. Also available for sale in April 1999 will be images under exclusive licensing agreements with Universal Studios from the following feature films and television shows: Animal House Classic Psycho The Lost World Psycho '98 Jurassic Park Bruce Lee The Munsters Xena: Warrior Princess Creature from the Black Lagoon Hercules: The Legendary Journeys The Mummy Woody Woodpecker Frankenstein The Adventures of Rocky and Bullwinkle The Wolf Man Alvin and the Chipmunks Jaws Crash Bandicoot The Web Site will also have available in April 1999, under an exclusive arrangement with two companies in China, a line of furniture products manufactured by Glory Fame and a line consisting of crystal products produced by Yee-Ming, one of the leading crystal manufacturing company in China. ''We are very excited about these new exclusive products and look forward to making them available on our E-commerce site in March,'' stated James Lu, CEO of Diamond Entertainment. Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Contact: Marketex Gary Swancey, 903/984-7660 marketex.net