To: Rande Is who wrote (1024 ) 3/9/1999 1:33:00 PM From: NoWhereMan Read Replies (1) | Respond to of 4766
DMEC news: BSNS WIRE) Diamond Entertainment Announces Signing of a New Master Distribution Agreement Featuring Joe DiMaggio Commemorative Baseballs and Bats Business Editors CERRITOS, Calif.--(BUSINESS WIRE)-Mar. 9, 1999--Diamond Entertainment Corporation, (OTC BB:DMEC) announced that it has signed today, a master distribution agreement with a licensing company with exclusive marketing rights to Joe DiMaggio Commemorative Baseballs and individually and personally signed Joe DiMaggio Limited Edition Baseball Bats. As the master Distributor, Diamond will have the rights to distribute the baseballs and bats worldwide to businesses including National drug chains, National mass merchandisers, National and Regional grocery store chains, National mail order houses and Internet marketing channels. Over the next several months, Diamond Entertainment has the potential to generate approximately $4 million in gross sales and net profits of approximately $1 million from the sales of Joe DiMaggio Commemorative products covered by the master distribution agreement. Diamond Entertainment is in the business of distributing and selling videocassettes, general merchandise, a patented flying toy, furniture, crystal and Cine-Chrome gift cards, with a Web site presence at diamond-entertainment.com which is presently on the internet and under construction. 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. Note to Editors: Cine-Chrome is spelled with an asterisk between Cine and Chrome. --30--lr/da* CONTACT: Marketex, Kilgore Gary Swancey, 903/984-7660marketex.net KEYWORD: CALIFORNIA INDUSTRY KEYWORD: ENTERTAINMENT SPORTS PRODUCT 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 I imagine this is a good thing. Major volume on the news. But Jeez, I don't think he's even in the ground yet. robb