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To: 2MAR$ who wrote (64690)	3/29/1999 7:13:00 AM
From: Doug Robinson	Read Replies (1) \| Respond to of 119973

AMZN-CEO confirms Amazon's entry into Auction Business!!

To: 2MAR$ who wrote (64690)	3/29/1999 7:58:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 119973

Merger for EINI complete with The Entertainment Internet, CAGI next! The Entertainment Internet/CastNet.com Complete Merger; CastNet.com Becomes First of Several T.E.I. Subsidiaries LOS ANGELES, March 29 /PRNewswire/ -- On March 23, 1999, a Certificate of Merger was filed with the California Secretary of State, merging a wholly owned subsidiary of The Entertainment Internet (T.E.I.) (OTC Bulletin Board: EINI - news) into Only Multimedia Network, Inc. (''OMNI''). Upon confirmation from the Secretary of State, OMNI will become a wholly owned subsidiary of T.E.I. ''Completing this merger will accelerate CastNet.com's (OMNI) march towards greater revenues and deeper market penetration,'' said CastNet.com President Rod Pyle. ''The T.E.I. relationship provides access to substantial fiscal resources and global marketing expertise. This strategic business combination augers well for our aggressive marketing push into new markets over the rest of this year.'' The transaction was approved by over 80% of all shareholders qualified to vote. T.E.I. Chairman Paul Kessler commented, ''we were pleased to have the kind of shareholder support that was evidenced in this vote. Now T.E.I. can refocus on additional acquisitions that will position T.E.I. as the leader in the entertainment internet market.'' Former shareholders of Only Multimedia Network, Inc. will be receiving corresponding restricted securities in The Entertainment Internet, Inc. dated March 23rd, 1999. In recent weeks, T.E.I. has entered into letters of intent to acquire Talidan International from Carnegie International Corporation (OTC Bulletin Board: CAGI - news), and Cybersapien Entertainment, a New York based special effects and gaming company. Thom Mount, co-chairman of T.E.I., stated, ''the Entertainment Internet is highly focused on acquisition and expansion. We are very pleased with the completion of this merger, and look forward to the completion of others in the near future.''