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Microcap & Penny Stocks : IHTL Innovative Holdings&Technologies Telemetry in Sports -- Ignore unavailable to you. Want to Upgrade?

To: DuGen who wrote (392)	3/23/1999 10:43:00 AM
From: kbert	Respond to of 689

NEWS!!!! Tuesday March 23, 10:11 am Eastern Time Company Press Release New Internet/TV Broadcast Technology Being Tested by IRL's Robby Unser Innovative Holdings & Technologies, Inc. Subsidiary to Begin Testing its Revolutionary New TV and Internet Broadcast Telemetry System Featuring Real Time Physical, Mechanical and Environmental Data WINTER PARK, Fla.--(BUSINESS WIRE)--March 23, 1999-- Innovative Holdings & Technologies, Inc.'s (OTC BB:IHTL - news) Xtreme Telemetry Systems, Inc. subsidiary is testing its revolutionary new Xtreme Telemetry/Motorsports System (XT/M) with Robby Unser, lead driver for the PEP Boys (NYSE:PBY - news) Indy Racing League Worldwide PetroMoly (OTC BB:MOLY - news) Team Pelfry. Television and Internet broadcast sports viewing audiences will be able to virtually ''see and feel'' vital, ''real time,'' information on an athlete's physiological performance, equipment operation and response, and deliver environmental readings in and around the event. ''Robby Unser, the Indy Racing League's Rookie of the Year, is playing a key role in helping us perfect the XT/Motorsports System that will deliver a fascinating package of physical, mechanical and environmental data that will dramatically change the way we view motorsports on TV and the internet,'' said Helmut Wyzisk, President & CEO of Innovative Holdings & Technologies, Inc., Xtreme Telemetry Systems, Inc.'s parent company. ''We need the excitement that the XT/M System can bring to motorsports,'' said Robby Unser, son of three-time Indy 500 winner Bobby Unser. ''The fans want to know the kinds of incredible physical challenges we go through every time we get into that car. Now, for the first time, we can really show them.'' Innovative Holdings & Technologies, Inc. identifies, acquires and incubates early stage niche technology companies with outstanding growth potential. The Company is also creating the Global Sports Network, ''the total internet sports experience,'' which will provide virtual real time participation for internet users in sporting events, user-friendly on-line games, e-commerce and face-to-face audio and video chat rooms. It has also entered into a strategic alliance with iChargeit.Com (OTC BB:PLNKD - news) to present virtual games and sports product marketing on their e-commerce internet site. Through its Xtreme Telemetry Systems, Inc. subsidiary, IHTL is aggressively developing strategic alliances and joint ventures with key corporate players and broadcast networks like ESPN/ABC (NYSE:DIS - news), Fox (NYSE:FOX - news) and Turner Broadcasting (NYSE:TWX - news). IHTL is also developing a Sports Training Division with applications including Thoroughbred Horse Racing, Olympic Training, X-Sports, Boxing, Golf, Skiing, Tennis, Motorsports and many other action sports venues. The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here. Contact: Innovative Holdings & Technologies, Inc., Winter Park Scott Flynn, Investor Relations, 888/338-3367

To: DuGen who wrote (392)	3/24/1999 4:03:00 PM
From: Old Stock Collector	Respond to of 689

*News* IHTL with ICHG with news about MDMI Tuesday March 23, 7:42 am Eastern Time Company Press Release iChargeit Reaches Agreement With Massimo Da Milano To Provide Massimo's Jave-Centrale with an E-Commerce Enabled Virtual Storefront HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--March 23, 1999-- iChargeit Inc. (OTC BB:ICHG) (formerly Para-Link - OTC BB:PLNKD) today announced that the Company reached an agreement with Massimo Da Milano Inc. (OTC BB:MDMI), to provide the company with an e-Commerce enabled virtual storefront. MDMI currently has 11 Java-Central storefront franchises, as well as a Wholesale Bakery operation in Dallas, Texas. Although details of terms were not disclosed, the agreement provides iChargeit cash, stock and a percentage of sales in exchange for providing MDMI with a Featured Store presence in the iChargeit.com Cybermall. Jesse Cohen, CEO of iChargeit Inc., stated, ''This is the first in a series of anticipated transactions between ICHG and MDMI. Dallas-based MDMI is a well-known consumer brands company specializing in bakery goods, fine breads, and coffee. In addition, MDMI owns a coffee franchise network under the name Java-Centrale. The online-based Java Centrale virtual store will carry one of the widest selections of coffees found worldwide and will include over 160 blends from some of the most exotic locations in the world.'' ''The exposure on the ichargeit.com virtual mall, global presence and our unsurpassed abilities in currency conversion through our alliance with the Winners Internet Network (OTC BB:WINR), I contend, will garner great results for all companies involved and for their shareholder bases as well,'' Cohen concluded. IChargeit Inc. is an Internet based company whose iChargeit.com Cybermall and Virtual Arcade as well as the iChargeit Cyberswapmeet.com websites, began Phase I deployment on March 1,1999. IChargeit Inc.'s key partners and anchor tenants include, but are not limited to: Preferred Voice International (OTC BB:PVFI), Winners Internet Network (OTC BB:WINR), Internet Media Corp. (OTC BB:USRF), Innovative Holdings and Technologies (OTC BB:IHTL), Pacific Medical Group (OTC BB:PMGI) and Massimo Da Milano (OTC BB:MDMI). Statements made in this news release that relate to future plans, financial results, market growth and other projections, events or anticipated results are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended. Actual results may differ materially due to a variety of factors, including competitors with more resources available to them. -------------------------------------------------------------------------------- Contact: iChargeit Inc., Huntington Beach 888-815-4390 e-mail: ichargeit@ichargeit.com or DeMonte Associates, New York Investor Contact: Cynthia DeMonte/Sean Leous