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To: myturn who wrote (6207)2/11/1999 3:44:00 PM
From: Dave Gore  Respond to of 15987
 
** ITOY ** NEWS on INTERNET TOY....run by founder of the original talking toys and former founder of ATARI. All test marketing done; at toy show now completing deals.

(PR NEWSWIRE) Imagin.Net, Inc., Announced Patent Filing For Company's Inte
Imagin.Net, Inc., Announced Patent Filing For Company's Interactive Action
Toys: Simpler, Less Expensive and Far-Reaching Compared to Competitors

REDWOOD CITY, Calif., Feb. 11 /PRNewswire/ -- Imagin.Net, Inc.
(OTC Bulletin Board: ITOY) announced patent filing for the company's Action
Toys which are chip equipped and hook into a special website on the internet,
creating a huge range of playing scenarios, on January 11, 1999. The patent
will allow a child to interact with one toy, playing endless games. This is as
simple as it gets! Buy an Imagin.Net action toy, plug it into a PC and
download chosen play patterns from Imagin.Net Web. Interaction with Web
improves the child's skills with wholesome playtools; there is no canned
method. Other toy companies limit their products to CD-ROM software.
Imagin.Net uses the vast power of the internet and the company's huge Web,
which has endless games, to download into the toy. Any child can personalize
the game or change it at any time.
The proprietary technology of the Imagin.Net patent is the delivery
system. Imagin.Net has no additional software to buy because it is on the
internet. Files are selected from the website and downloaded through a
personal computer to the doll or action figure. A loader program in the PC is
executed by an internet browser program when a file of a designated format is
downloaded. Preferably, a plurality of files are sequentially downloaded into
a volatile memory in the doll with assigned pointers identifying the beginning
of the files. The doll may be disconnected from the computer for stand-alone
play. Buttons on the doll determine use-of-play.
The backbone behind Imagin.Net is its founder, Lanette Orduna. A prominent
force in the personal electronics industry for twenty years, she is "The
founder of Electronic Talking Preschool toys," which is now a $200 million
industry annually.
While classic toys are still popular, kids now want internet active toys
and video games more than ever. Charles Riotto, executive director of the
International Licensing Industry Merchandisers Association, announced on ABC
News, February 11, 1999, "Those who snare a hot children's property are often
on track to generate big sales."
For further information contact: International Buying Power Corporation,
(561) 482-0004/Fax (561) 488-2602.
This material was prepared by International Buying Power Corporation
("IBP"), for the Company discussed herein, based upon information supplied by
the client or other sources believed to be reliable. The Company's actual
results could differ materially from those described in the forward-looking
statements discussed in this press release. This material is for information
purposes and should not be considered as an offer or solicitation of an offer
to buy or sell the securities. IBP, its affiliates, and/or its officers,
directors and employees may from time to time have a position in these
securities. IBP has received compensation for the preparation of its report.

SOURCE Imagin.Net, Inc.