To: JP Jouver who wrote (1453 ) 4/26/1999 1:22:00 PM From: James E Lynch Read Replies (1) | Respond to of 4824
(COMTEX) B: Jones Naughton Entertainment Attracts Business Planning E B: Jones Naughton Entertainment Attracts Business Planning Expert; Respected Future Trends Analyst to Synthesize Company's 5-Year Internet Growth Plan LOS ANGELES (April 26) BUSINESS WIRE -April 26, 1999--Joseph Naughton, Chairman of Jones Naughton Entertainment, Inc. (OTC BB: JNNE), announced today the addition of Michael Abelson, Ph.D., President of Abelson & Company, an efficiency and productivity firm established by Dr. Abelson in 1986. Dr. Abelson will work directly with Joseph Naughton as Special Assistant to the Chairman, and will focus on synthesizing Jones Naughton's Internet and E-commerce businesses to best utilize the Company's strengths. Dr. Abelson is a recognized industry futurist and emerging trends analyst, often cited in periodicals including The Washington Post, USA Today, The Dallas Morning News, Fortune Magazine and The Miami Herald. Dr. Abelson publishes the Abelson Trends Report, a respected in-depth analysis of financial trends in the real estate industry. Dr. Abelson has a broad academic background in clinical psychology and business administration, has had leading roles in the Management Department at Texas A&M University, and has over 20 years of extensive real-world research as a business manager and consultant. Dr. Abelson is uniquely qualified to assist Jones Naughton in defining and implementing successful business strategies for the future. Dr. Abelson's initial assignment will be to work directly with Jones Naughton's Community Marquee President James Cannon, and GoOn-line.com President Scott Claverie, to structure a 5-year plan for the roll out of Jones Naughton's Internet business plan. "The addition of Michael Abelson will bring focus to Jones Naughton's overall strategic planning and corporate development. We are excited to bring on board someone with the breadth and depth of Dr. Abelson's credentials and experience," Joseph Naughton commented. "Michael brings an added dimension to our leadership team and will begin immediately helping us implement the business plan for the E-commerce Internet site as well as the further development of our Community Marquee division." Dr. Abelson stated, "I am excited to have the opportunity to work with Jones Naughton Entertainment and especially with Joe Naughton. Joe has years of experience in retailing and high-tech endeavors, and has developed a substantial number of contacts in both industries. "Our planning and implementation efforts will also be enhanced by the excellent leadership group Joe has put into place. I look forward to working with each member of the Jones Naughton team," he concluded. Dr. Abelson earned his M.B.A. and Ph.D. at Penn State University. 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 than 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. -0- MG/dx* CONTACT: Jones Naughton Entertainment, Inc. Joseph Naughton, Chairman, 714-736-0988 Web site: www.JNNE.com or GoOn-Line.com Scott Claverie, President, 530-891-4100 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, President, 770-394-6056 or Director of Strategic Planning Dr. Michael Abelson, 409-696-2222 Fax: 409-696-2272 E-mail address: abelson@abelson.net KEYWORD: CALIFORNIA INDUSTRY KEYWORD: REAL ESTATE BANKING COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET PUBLISHING RETAIL ENTERTAINMENT MANAGEMENT CHANGES Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***