PAYFORVIEW.COM SIGNS DEAL WITH
INNOVATIVE NEW YORK BASED ADVERTISING
990326 - PAYFORVIEW.COM(PAYV) - RENO, NEVADA
PayForView.com Inc. ("PayForView") (PAYV) is pleased to announce
that it today entered into an agreement with New York based
AIRTIME INTERACTIVE, a boutique advertising firm with extensive
experience in Internet advertising.
"We are very excited about the advertising possibilities made
available by PayForView's services," says Airtime President
Jonathan C. Feller, "We anticipate that advertisers will pay a
premium to be able to specifically target their audience and
provide interactive advertising." Other clients of Airtime are
PRIMETIME 24, THE WALL ST. JOURNAL REPORT and GET2NET. Airtime is
part of the KINNEVIK GROUP, a 1.5 billion dollar Swedish
corporation. A world leader in TV media and telecommunications,
KINNEVIK operates TV, radio, satellite and cable systems, digital
cellular telephone systems throughout the world, and TV SHOP, the
largest home shopping service in Europe.
Advertisers on PayForView will be able to create a link in the
commercial spot that allows viewers to click directly into their
website to find out more information on the product, or order the
product from them directly. In some instances, PayForView's own
e-commerce set up will handle direct sales over the Internet of
particular products from advertisers. Also, interactive
advertising creates many other opportunities. Consumers can
answer questions, click to find out more information on certain
aspects of a product, or see the product in use, in different
styles, different flavors or colors.
PayForView is currently negotiating with several innovative
multimedia companies to work with PayForView to produce
interactive advertising that will be aired with PayForView's
entertainment product. "We recognize the need for specialized
services to help design the new type of commercials we will be
airing that allow direct marketing tie ins over the Internet,"
says Warren Wayne, VP Licensing, "PayForView intends to work
closely with advertisers in developing the type of commercials
that will maximize the potential of streaming live action
commercials over the Internet."
In addition to these innovative advertising models, PayForView
intends to stream infomercials through an infomercial section
where viewers can choose which infomercials interest them.
Instead of phoning a toll free number, viewers will be able to
click on an icon and order the product directly. PayForView
intends to use its own electronic commerce system to act as the
retailer and fulfill orders in exchange for a service fee or
percentage. As part of the deal signed today, Airtime will
provide PayForView with infomercials to show on PayForView's
website.
PAYFORVIEW.COM PROCEEDS WITH 3 FOR 2 FORWARD STOCK SPLIT
The Company confirms that the Board of Directors will be
proceeding with a 3 for 2 forward split of the common stock of
the Company. The Effective date for this forward split has been
set for shareholders of record on the close of business April 9,
1999. In order to receive three new common shares for every two
currently held, shareholders or their investment brokers will be
required to submit the old share certificates to the Company's
transfer Agent, Alexis Stock Transfer (phone:(760) 773-9227), for
conversion.
WALL STREET RESEARCH GROUP RECOMMENDS PAYFORVIEW A STRONG BUY
The WALL STREET RESEARCH GROUP, publishers of the "Wall Street
Research Report", listed payforview.com as a recommended buy. In
describing the strengths of PayForView.com, Wall Street Research
Group pointed to strong content acquisition plans, highly
anticipated technology joint ventures and excellent
diversification through record and film sales as reasons to
believe payforview.com is poised for excellent growth. To view
the Wall Street Research Report, see
wallstreetresearch.net, or call Toll
Free in the USA 1-888-615-1145 to request a written report, which
will be mailed to you.
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PayForView.com is an Internet based Entertainment Company which
will distribute movies, music, sports and live events direct to
viewers on a pay-for-view and retail basis. The Company is in the
process of acquiring content and creating programming and
broadcasting specifically for the Internet. PayForView is in the
process of preparing other content to allow website visitors to
view sample broadcast clips, catalogue content, and go to
PayForView's various divisions within the website for movies,
live events, sports, education and business.
Additionally, PayForView.com intends to negotiate with other
content providers and distributors to acquire the Internet
broadcast and DVD rights to other video content.
ON BEHALF OF THE BOARD OF
PayForView.com
Marc A. Pitcher
President
For Further Information, Contact: Corporate Communications for
PayForView.com Toll Free: 1-800-545-7214 Fax 604-688-9519 email:
invest@payforview.com or web: payforview.com. For
Research Report on PayForView.com see www.wallstreetresearch.net.
CERTAIN INFORMATION INCLUDED IN THIS COMMUNICATION (AS WELL AS
INFORMATION INCLUDED IN ORAL STATEMENTS OR OTHER WRITTEN
STATEMENTS MADE OR TO BE MADE BY PayForView.com) CONTAINS
STATEMENTS THAT ARE FORWARD LOOKING, SUCH AS STATEMENTS RELATING
TO THE FUTURE ANTICIPATED DIRECTION OF THE INTERNET INDUSTRY,
PLANS FOR FUTURE EXPANSION, VARIOUS BUSINESS DEVELOPMENT
ACTIVITIES, PLANNED CAPITAL EXPENDITURES, FUTURE FUNDING
RESOURCES, ANTICIPATED SALES GROWTH AND POTENTIAL CONTRACTS.
THESE FORWARD LOOKING STATEMENTS ARE SUBJECT TO A NUMBER OF KNOWN
AND UNKNOWN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL
OPERATIONS OR RESULTS TO DIFFER MATERIALLY FROM THOSE
ANTICIPATED.
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