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To: THOUGHT POLICE who wrote (12157)4/20/1999 11:17:00 AM
From: sean  Read Replies (3) | Respond to of 15987
 
Related Quotes

APPI
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Tuesday April 20, 10:59 am Eastern Time
Company Press Release
SOURCE: Advanced Plant Pharmaceuticals, Inc.
Advanced Plant Pharmaceuticals, Inc. - APPI - Announces That They Plan to Spin-Off a Subsidiary Public Internet Company
NEW YORK, April 20 /PRNewswire/ -- Advanced Plant Pharmaceuticals, Inc. (OTC Bulletin Board: APPI - news) announced today that they plan to spin-off a nutritional and vitamin Online superstore.

New York, N.Y.

Advanced Plant Pharmaceuticals, Inc., makers of the finest standardized pharmaceutical grade nutritional supplements plans to develop a subsidiary public company that will operate as an online alternative medicine superstore. Based upon studies done by the Company, APPI intends to introduce the Online alternative medicine superstore to the European market. The web site will be strictly dedicated to the sales of APPI's complete line of advanced plant formulations along with nutritional supplements and vitamins produced by other manufacturers. In addition to being able to purchase products, site visitors can obtain valuable information regarding the use of nutritional supplements and vitamins. In conjunction with a prior exclusive distribution agreement signed between APPI and Maxwell Associates of England, Maxwell Associates has agreed to set up a separate corporation that will develop and own the Online alternative medicine web site in England and will initially handle the whole European Market. Maxwell Associates will receive 60% ownership of the English site for their commitment. When the web site reaches significant sales levels, APPI's subsidiary public company will offer franchise opportunities to interested parties from other countries. For every franchise sold, APPI's subsidiary public company will receive 90% of all franchise fees and royalties, the remaining 10% will go to Maxwell Associates.

The company expects to announce further agreements in the near future.

APPI is a company that develops innovative plant formulations and technology for clinical application. APPI has met FDA nutritional specifications for the marketing of its Lo-Chol in the USA, and has received the first IND from the FDA for a whole plant pharmaceutical which has potential as an immunomodulater in the treatment of patients infected with HIV, the virus that causes AIDS.

APPI's Whole Plant Pharmaceutical Grade Process is trade secret and patent pending. Utilization of the APPI process converts a whole plant into the best standardized pharmaceutical grade product.

This press release contains forward-looking slatements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements.

CONTACT: Barry Clare of Advanced Plant Pharmaceuticals, Inc., 212-402-7878, or appi@erols.com; or Herbert Maxwell of Maxwell Associates, +44-181-458-4797, or hmax380477@aol.com, for Advanced Plant Pharmaceuticals, Inc.

Web site: advancedplantpharm.com

SOURCE: Advanced Plant Pharmaceuticals, Inc.

--------------------------------------------------------------------------------
More Quotes and News: Advanced Plant Pharmaceuticals Inc (OTC BB:APPI - news)
Related News Categories: chemicals, internet



To: THOUGHT POLICE who wrote (12157)4/20/1999 12:45:00 PM
From: Mr Metals  Read Replies (3) | Respond to of 15987
 
***NEWS RELEASE*** THIS SOUNDS AWESOME.....

Magnum Ventures Inc. - Summary of Recent Events

RED BANK, N.J. (April 19) BUSINESS WIRE -April 19, 1999--Magnum Ventures Inc. (Pink Sheets: MGVN) has recently acquired Radiotower.com and has applied for a change of name to reflect this event.

The expected name will be Radiotower.com. The name change is expected
to take effect shortly.

Radiotower.com is a free online directory of radio stations that
webcast on the Internet. Radiotower makes it easy to tune in and listen to over 900 radio stations from around the world in dozens of genres (top 40, news, alternative, rock, sports, etc.). All stations we list can be tuned in from our site. The company also provides information and descriptions for each station and links to the stations' own home page.

The demand for websites such as this is proven. For example,
Broadcast.com, a similar website, broadcasts 385 radio stations.
Radiotower.com broadcasts 900 stations. Broadcast.com currently trades at $121.00USD per share with a market capitalization of 4.42 billion.

The company projects a user base of 2 million users per month in
'99/00. Revenue is derived from the sale of onsite advertising,
affiliated ecommerce products and business-to-business audio services. Radiotower has licensing agreements and affiliations with a variety of e-commerce companies and content providers. This allows us to provide our users with dynamic, interactive and daily updated site content. The company markets a range of ecommerce products such as CDs, videos, and books that are targeted at specific audiences. There are 30,000 radio stations in the world. 6,000 of these stations have websites and 1,500 of these webcast their audio signal. Radiotower is developing multiple services to offer these radio stations including audio hosting capabilities for stations which are not currently webcasting and e-commerce capabilities and a "Now Playing" feature for those that are.

For further information please contact Corporate Relations at: Tel:
800/454-5024 Fax: 800/454-5024 ON BEHALF OF THE BOARD OF DIRECTORS
"Anthony England"President, Director The National Association of Securities Dealers has neither approved nor disproved the information contained herein.

MAGNUM VENTURES INC. #325-48 Broad Street Red Bank, New Jersey USA
07701 profit@radiotower.com www.radiotower.com

CONTACT: Magnum Ventures Inc. Corporate Relations, 800/454-5024 Fax, 800/454-5024


MM