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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk -- Ignore unavailable to you. Want to Upgrade?

To: Chris K. who wrote (569)	4/8/1999 12:00:00 PM
From: Grupo Brad	Read Replies (2) \| Respond to of 4824

(PR Wires) DJ: Jones Naughton Announces the Hiring of Veteran Hotel Exe DJ: Jones Naughton Announces the Hiring of Veteran Hotel Executive as New President of COMMUNITY MARQUEE; New Test Internet Kiosk Scheduled to Ship to Travelodge in Macon, Georgia LOS ANGELES--(BUSINESS WIRE)--April 8, 1999-- Former Days Inn Vice President of Franchise Operations, James F. Cannon, On Board To Spearhead Accelerated Kiosk Roll-out To National Hotel Chains Joseph Naughton, Chairman of Jones Naughton Entertainment, Inc. (OTC BB: JNNE - news) announced today that James F. Cannon of Atlanta, Georgia has been hired as the new president of the COMMUNITY MARQUEE Division. Mr. Cannon has over thirty years of experience in the hospitality, lodging and food and beverage industry. A graduate of Cornell University with a Bachelor's of Science degree in Business and Food Technology, Mr. Cannon brings to Jones Naughton stellar credentials in the hotel chain industry. He is an eleven-year veteran of the Days Inn organization, serving as Vice President of Franchise Operations. Mr. Cannon's past experience includes senior level executive positions with Columbia Sussex Corporation, Inc. (a Holiday Inn Franchise Group), Econolodge (Choice Hotels International, Inc. (NYSE: CHH)) and Country Hearth Inns (a division of BuckHead America, Inc., (NASDAQ: BUCK)). Mr. Cannon's extensive network of contacts in the national hotel industry will be an invaluable asset in maximizing the roll-out of the Internet kiosk business. "We are very pleased to have an industry professional of Jim's caliber joining Jones Naughton," stated Joseph Naughton, Chairman, Jones Naughton Entertainment. "His enthusiastic support of the Internet kiosk concept should provide a significant endorsement of the future potential of the COMMUNITY MARQUEE business model," concluded Mr. Naughton. "The timing is perfect for the Internet kiosk business," stated Mr. Cannon. "The national hotel chains that are catering to business travelers and family vacationers are extremely receptive to the internet kiosk concept. Adding advertising revenue on top of the usage fees should make each unit extremely profitable early on," concluded Mr. Cannon. Mr. Cannon announced the COMMUNITY MARQUEE's new Beta Test Internet kiosk will be installed at the TRAVELODGE in Macon, GA by the end of the month. Gary Cross, CEO of Cross Country Ventures, Inc. has enthusiastically endorsed the placement of the kiosk and Jones Naughton looks forward to successfully working with the Travelodge Hotel Group. In related developments, Jones Naughton announced that it has filed a Supplemental Complaint with the San Bernardino County Court adding additional allegations against Amerinet Financial Systems, Inc. These new claims are based upon Amerinet's recent shareholder's meeting which authorized new shares to be issued and a merger of Amerinet into a wholly-owned subsidiary of a newly formed Delaware Corporation; actions which Jones Naughton believes are extremely detrimental to shareholder value. The management of Jones Naughton intends to aggressively pursue these claims to compensate Jones Naughton for the economic harm incurred as the result of the actions of Amerinet and its representatives. ABOUT THE COMPANY Jones Naughton Entertainment, Inc. is an information technology concern focused on combining traditional marketing methods with the latest advancements in Internet technology. Through its COMMUNITY MARQUEE Division, Jones Naughton provides interactive Internet, advertising and media buying services to a growing number of clients across the country. Jones Naughton has also begun installing Internet kiosks in various hotels and is aggressively pursuing kiosk agreements with a number of national hotel chains. Jones Naughton recently acquired GoOn-line.com, a Chico, California-based Internet company specializing in the production of streaming video infomercials over the Internet. GoOn-line.com offers Internet products and services to consumers via E-commerce solutions available on the World Wide Web. GoOn-line.com is in the late stages of developing a virtual shopping mall Web site that will feature products that have traditionally only been available from infomercial companies advertising on broadcast television. This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other that historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. CONTACT: Jones Naughton Entertainment Inc. Joseph Naughton, 714/736-0988 Web site: www.JNNE.com GoOn-line Web site: www.GoOn-line.com or PMR and Associates Patrick M. Rost, 760/942-0015 PMRandCO@AOL.com or COMMUNITY MARQUEE Division James Cannon, 770/394-6056 11:41 EDT APRIL 8, 1999 * end of story *