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To: r.edwards who wrote (10035)	3/23/1999 11:37:00 AM
From: chapin	Respond to of 15987

(BSNS WIRE) New Internet/TV Broadcast Technology Being Tested by IRL's R New Internet/TV Broadcast Technology Being Tested by IRL's Robby Unser Business Editors WINTER PARK, Fla.--(BUSINESS WIRE)--March 23, 1999-- 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 Innovative Holdings & Technologies, Inc.'s (OTC BB:IHTL) 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) Indy Racing League Worldwide PetroMoly (OTC BB:MOLY) 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) 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), Fox (NYSE:FOX) and Turner Broadcasting (NYSE:TWX). 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. --30--gaa/mi* CONTACT: Innovative Holdings & Technologies, Inc., Winter Park Scott Flynn, Investor Relations, 888/338-3367 KEYWORD: FLORIDA INDUSTRY KEYWORD: AUTOMOTIVE ENTERTAINMENT SPORTS 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 *

To: r.edwards who wrote (10035)	3/23/1999 1:07:00 PM
From: The Street	Read Replies (1) \| Respond to of 15987

Tuesday March 23, 12:20 pm Eastern Time Company Press Release AllnetServices.com Corp. Signs Shopping Channel Agreement With America Online CORAL SPRINGS, Fla.--(BUSINESS WIRE)--March 23, 1999-- AllnetServices.com Corp. (OTC BB:ANSC - news; formerly AWEB) announced today that the company has signed an agreement with America Online (NYSE:AOL - news) for a listing in the ''More Stores'' area in the 'Computing Products' department of AOL's Shopping Channel. Allnet will also have a presence in the AOL.com and Compuserve.com shopping areas. Robert Aubel, Allnet's President & CEO stated: ''We're extremely excited about this promotion with America Online. With 16 million AOL members and 2 million CompuServe members, we hope to quickly broaden the awareness of our products and services.'' AllnetServices.com Corp. specializes in the marketing and distribution of a broad range of products and services at wholesale prices to both consumer and trade customers. Its Internet-related businesses include: AllnetDirect.com, which lists over 45,000 computer-related products; GoingOnce.net, a 24-hour on line auction; Allmonitors.com, the first Web site dedicated solely to offering all monitor-related merchandise; AllCopiers.com, offering wholesale pricing on office equipment; and AllnetServices.com, which offers Web hosting, professional graphics design and animation, data base management and site development. Allmonitors.com and AllnetDirect.com are also published in Spanish. To visit AllnetServices.com Corp.: allnetservices.com allnetdirect.com goingonce.net allmonitors.com allcopiers.com Or contact Mark E. Merhab, Chairman mmerhab@allnetservices.com 714/257-7902 To receive an investor packet go to allnetservices.com and link to the company's investor page. There, you can simply fill out and submit a form request on line. -------------------------------------------------------------------------------- Contact: AllnetServices.com Mark E. Merhab, Chairman 714/257-7902 mmerhab@allnetservices.com