To: Solon who wrote (128 ) 3/25/1999 3:29:00 PM From: JCinTC Read Replies (1) | Respond to of 274
Thursday March 25, 2:49 pm Eastern Time Company Press Release LaserMedia Communications Corp. - Actfit.com Website On Target For Solid Second and Third Quarters TORONTO--(BW HealthWire)--March 25, 1999--Projections indicate LaserMedia's actfit.com health and fitness website will log over 2 1/2 million monthly page views by the end of the Second Quarter of 1999 and 3.7 million by the Third Quarter, CEO Richard Hue announced today. The site, which was launched only in January of this year, has already exceeded Lasermedia's First Quarter prediction of 1 million monthly page views, logging 1.1 million so far in March. ''Based on our current rate of growth, we're confident that we have established a benchmark upon which advertisers can base their decisions,'' said Mr. Hue. ''We now have a loyal user base and a proven audience. The numbers speak for themselves.'' Negotiations will begin with major advertisers in the Second Quarter. LaserMedia will focus on actfit.com's unique 3-dimensional interactive environment, and the site's ability to offer advertisers more than the traditional banner-ad media. ''With our site design, we can offer advertisers boundless opportunities for product placement,'' said Mr. Hue. ''The only limitation is the imagination.'' Mr. Hue also cited an aggressive program of network expansion and the popularity of FitWeek e-zine as other factors in the site's success. In February, actfit.com added 10 sites to its alliance roster, including three highly popular international soccer sites. FitWeek, a weekly on-site fitness e-zine, has attracted users with its informative articles and stylish design. ''We're delighted by the response to the look of FitWeek,'' said Editor James Stuart. ''But our real strength is the quality of the writing and the information. We have attracted world-class fitness experts such as Sports Medicine expert Dr. Ken Burres, and Ms. Fitness America Sherry Goggin-Giardina. And we're adding even more muscle to our team shortly.'' In addition to contributing to FitWeek, Ms. Goggin-Giardina will host the first in a series of live workouts on actfit.com on Tuesday, April 20 at 8PM EST. The event is likely to have a significant positive impact on usage statistics. Actfit.com is the Internet's only fully-interactive health and fitness website. Log on to actfit.com for all your interactive health and fitness needs! Forward-looking statements and comments in this press release are made pursuant to the safe-harbor provisions of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, complete future web sites or complete future acquisitions are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including, but not limited to, the risks related to the demand for the company's products and/or services, competition, and availability of capital. The information herein has not been approved or disapproved by regulatory authorities. -------------------------------------------------------------------------------- Contact: RT Equity Inc. Jack Wall or Vince Balatbat (Investor Relations) 416/967-4779 888/821-2800