To: Richard Nisbet who wrote (13675 ) 3/24/1999 12:13:00 PM From: spy hard Read Replies (1) | Respond to of 25711
EBLD NEWS (COMTEX) B: Entertainment Boulevard Signs a Letter of Intent for a St B: Entertainment Boulevard Signs a Letter of Intent for a Stock Acquisition of The eMarket Group MARINA DEL RAY, CALIF. (March 24) ENTERTAINMENT WIRE -March 24, 1999-- Entertainment Boulevard (OTC BB:EBLD) (www.entertainmentblvd.com) has signed a letter of intent for a stock acquisition of The eMarket Group, the parent company of eMerchandise.com (www.emerchandise.com). The terms include both cash and stock in Entertainment Boulevard (NASD OTC BB:EBLD). The acquisition will substantially increase the revenues to Entertainment Boulevard. Entertainment Boulevard and eMerchandise will create an extensive one-stop entertainment-related store on the Internet whose product lines will include CDs, DVDs, videos, and licensed collectibles along with the existing product lines that eMerchandise currently offers. About eMerchandise.com: eMerchandise.com, a division of The eMarket Group, is the Web's premiere online shopping destination for Licensed Entertainment Merchandise. eMerchandise.com offers over 10,000 T-shirts, caps, mugs, and collectibles from over 450 past and present movies, television shows, and cartoons. eMerchandise.com operates atemerchandise.com and offers branded Entertainment Online Stores for leading online sites such as TV Quest (http://www.tvquest.com), The Hollywood Stock Exchange (http://www.hsx.com), The NBC Mini Series The '60s (http://www.nbc.com/60s) and the popular College Site Animalhouse.com (http://www.animalhouse.com). About Entertainment Boulevard, Inc. Entertainment Boulevard, Inc. (NASD OTC:EBLD), was founded in 1997 by former music industry executives, Stephen Brown and Robin Wren. The firm's flagship site, Vidnet, is the most comprehensive interactive music video channel on the Web. The Los Angeles-based firm's mandate of Internet global expansion includes the launch of new Web sites under the umbrella of EntertainmentBlvd.com. The firm is also aggressively developing and implementing strategic partnerships with key commerce and entertainment entities including RealNetworks (Nasdaq:RNWK), INTERVU (Nasdaq:ITVU), Level 3 Communications (Nasdaq:LVLT), i-Fill (Valley Media) and American Interactive Media for content, technology, and product fulfillment. The award-winning site has consistently generated increased consumer traffic to its network of Web sites. Forward looking statements in this press release are made pursuant to the ''Safe Harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, the continued popularity of the Company's websites and product orders stemming therefrom, increased levels of competition, technological change, dependence upon third party suppliers, and other risks. -0- gaa/mi* CONTACT: Entertainment Blvd., Marina Del Ray Investor Relations, Toll Free: 877/711-7788 or cbioff@intergate.bc.ca or eMarket Group John Wells, VP Marketing & New Business Development 503/944-5044, or jwells@eMarket.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: ENTERTAINMENT 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 *** Next Previous | Previous | Next | Respond | View reply to this message Quotes - News - Discussion - $5 and Under