To: LANCE B who wrote (51 ) 4/28/1999 9:39:00 AM From: Blitz Respond to of 60
What are your thoughts on FTET? news out this am (PR NEWSWIRE) FirstEntertainment.com Becomes New Name for First Entertainm FirstEntertainment.com Becomes New Name for First Entertainment Holding Corp. DENVER, April 28 /PRNewswire/ -- First Entertainment Holdings Corp. (OTC Bulletin Board: FTET), a fully reporting company, announced today that its Board of Directors officially approved a name change to FirstEntertainment.com, subject to shareholder approval. The name change represents a new corporate identity as well as positioning to more accurately reflect the company's new directions and business strategies. The Company intends to utilize its existing and newly acquired asset base to become an Internet content provider designed to create a community of e-commerce entertainment networks, offering a broad array of free e-services for consumers, corporations, as well as web masters, generating significantly increased traffic levels with selected Strategic Partners under the FirstEntertainment.com umbrella. On-line communities are exciting and rapidly growing Internet phenomena, being driven by the desire of people to meet, talk, and interact with others who have similar interests. It is well documented that web sites that offer community services, attract more visitors who find that they will want to visit more often and stay longer. FirstEntertainment.com looks to create communities of network niche portals, each tailored to a particular interest group. The destination entertainment portal will host free e-mail, news, music, comedy and lifestyles information surrounding a variety of activities from a specific host, with hot links to a virtual plethora of related activities. An infrastructure of chat rooms, e-mail, comedy entertainment, virtual games as well as a virtual shopping mall where a variety of merchandise related to each site will be featured, ranging from Comedy CDs, T-shirts, mugs, collectibles, as well as Broadway Theatre tickets and merchandise. FirstEntertainment.com is a multi-media company and has divisions or subsidiaries operating in the areas of radio broadcasting, comedy clubs, internet gaming as well as other internet related activities. Note: Certain statements herein that are not historical are forward looking statements, which involve risk and uncertainties. Investors who seek more information about the company's business and relative risk factors may wish to review the company's periodic reports filed with the SEC including, but not limited to, its most recent Annual Report on Form 10-K/SB and Quarterly Report on Form 10-QSB. For more information please visit our website at www.FirstEntertainment.com SOURCE FirstEntertainment.com -0- 04/28/99 /CONTACT: Steve Goodman of FirstEntertainment.com, 303-228-1650/ /Web site: firstentertainment.com (FTET) CO: FirstEntertainment.com; First Entertainment Holding Corp. ST: Colorado IN: CPR ENT MLM SU: *** end of story ***