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Microcap & Penny Stocks : RMS TITANIC INC (SOST) -- Ignore unavailable to you. Want to Upgrade?

To: Sam Biller who wrote (154)	4/21/1999 11:22:00 PM
From: Sam Biller	Respond to of 217

Wire for SOST Back to headlines -------------------------------------------------------------------------------- Fourth New York News Report Good morning. This is more of United Press International's fourth news report for Wednesday, March 21: Acid rain bill introduced <snip> SFX licences rights to Titanic artifact (NEW YORK) _ SFX Entertainment Inc. says it has agreed to licence the worldwide rights from RMS Titanic Inc. to exhibit the artifacts recovered from the Titanic. Research and recovery expeditions conducted by RMS Titanic Inc. have recovered from the Titanic wreck site approximately 5,000 artifacts, which have already drawn audiences of more than 4 million people in cities throughout the world. The licence has an initial term of one year with SFX having the option to extend the term for up to four additional one-year periods. Ernst & Young buys stake in Intralinks (NEW YORK) _ Professional services firm Ernst & Young says it has acquired a significant minority share of IntraLinks Inc., the company that is leveraging the Internet to create a new standard for managing global capital market deals. Terms of the deal were not disclosed. In the last two years, IntraLinks has facilitated more than 350 capital market deals totaling more than $250 billion. _- Questions? Call 212 571-9713 or 800 560-8140 or 212 564-5901 _- UPI New York _- ================================================================ Subjects: business public+companies wall+street acid+rain business children commerce delaware employment entertainment expansion healthcare hiv illinois indiana internet kentucky legislation market maryland michigan music natural+resources new+jersey new+york news newsgrid north+carolina ohio pennsylvania pollution products radio research sales sex software technology tennessee trade upi virginia west+virginia wisconsin Symbols: SFXE SOST

To: Sam Biller who wrote (154)	4/21/1999 11:24:00 PM
From: Sam Biller	Respond to of 217

RMS Titanic licenses rights to SFX Wednesday April 21, 5:59 pm Eastern Time NEW YORK, April 21 (Reuters) - RMS Titanic Inc. said Wednesday it has licensed the exclusive worldwide rights to exhibit the artifacts recovered from the Titanic to SFX Entertainment Inc. (SFXE - news) for a guaranteed payment to RMS Titanic of a minimum of $8.5 million annually. RMS Titanic reported revenues of about $8.3 million for the first nine months of fiscal 1999. The licensing agreement has an initial term of one year, beginning Sept. 14, 1999. SFX also has an option to extend the term for up to four more one-year periods. RMS Titanic was granted salvor-in-possession rights to the wreck of the Titanic by a United States federal court order in 1994. The court, in awarding those rights, recognized the commitment of RMS Titanic to keep the Titanic artifacts together as a collection for public exhibit and not for sale to private collectors. SFX promotes, produces and operates venues for live entertainment events, mostly music concerts, in the United States. SFX also develops and manages touring Broadway shows.