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To: LANCE B who wrote (9282)4/30/1999 10:00:00 AM
From: Due Diligence  Respond to of 13776
 
USVO has news: Great web site and USVO thread for details.
DD

(COMTEX) B: Lucerne Media is Third Major Film Library to Sign With US
B: Lucerne Media is Third Major Film Library to Sign With USA Video Interactive
in Providing Digital Content to Schools

MYSTIC, CONN. (April 30) BUSINESS WIRE -April 30, 1999--USA Video
Interactive (NASD:USVO) (ASE:US) and Lucerne Media have agreed to
partner in a pilot program to digitize three of Lucerne's most popular
educational video series, install them on the USA Video Interactive
server at LEARN and elsewhere, and make them available via LEARN's
Intranet network including remote access by the region's magnet
schools. Lucerne Media is the third major educational film library to
sign on with USA Video Interactive in recent days.

USA Video Interactive will use its wavelet technology to compress and
digitally encode the Lucerne videos. The USA Video Interactive Wavelet
technology allows direct streaming and download & play options;
provides video images significantly faster and at a higher degree of
resolution than previously available methods; significantly overcomes
bandwidth restrictions; and eliminates the blockiness and slowness of
current technologies, all at a lower cost. It allows extremely high
compression ratios while retaining broadcast quality, an essential
feature of the USA Video Interactive technology.

Lucerne Media is a leading supplier of videos and CD-ROMs for all ages
and in all subject areas and currently offers over 1,000 programs.
Lucerne acquires programs for distribution from independent producers
and corporations worldwide, and also co-produces programming to meet
the specific needs of the educational, public library, and college
market community.

The videos being provided by Lucerne Media include the six-part Teens
At Risk series; the four-part Meet The Seasons series; and the six-part
The Changing Face of Asia series. "With the addition of these videos
from Lucerne Media to our server, we now can provide students with some
of the best available content in Guidance, Health, Social Services and
Language Arts," said Edwin Molina, President of USA Video Interactive.
"We are now in the unique position of being able to provide a complete
package of servers and educational content with true
Video-on-Demand(tm) to schools and universities throughout the world."

LEARN provides technology and other services in Connecticut to 24
school districts, 120 schools and more than 49,000 students. There are
similar organizations in most other states and some 550 Regional
Education Service Centers throughout the United States.

USA Video Interactive is an international designer and supplier of
high-tech Video-on-Demand(tm) systems and services. The USA Video
Interactive technology allows users to view streaming video or to
access digitized video libraries, including movies, sports, other
entertainment, educational resources, corporate training seminars and
other archives. The USA Video Interactive technology gives users
full-screen video; the unique flexibility of standard, VCR-like
controls of play, fast forward, reverse and pause; and it uses a
standard internet-browser format for access. USA Video Interactive was
established in 1989 and has offices in Mystic, Connecticut and
Vancouver, British Columbia, Canada.

USA Video Interactive Corp. US Office: 70 Essex Street; Mystic, CT
06355; (800) 625-2200; (860) 572-1560; Canada Office: 837 West Hastings
Street; Suite #507; Vancouver, B.C. V6C 1B2; (800) 321-8564; (604)
685-1017. Trading symbol on the US NASD OTC BB: USVO; SEC 12g3-2(b)
Exemption: #82-1601. Trading symbol on The Alberta Stock Exchange: US.
Video-On-Demand(tm) and Video Yellow Pages(tm) are trademarks of USA
Video. The Alberta Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

-0- dp/bos*

CONTACT: USA Video Interactive
Media Relations

Tony Castagno
(860) 572-1560

(800) 625-2200
or

Investor Relations
Kevin Yorio

(860) 572-1560
(800) 625-2200

KEYWORD: CONNECTICUT MASSACHUSETTS
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS ENTERTAINMENT
INTERACTIVE/MULTIMEDIA/INTERNET EDUCATION 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 ***



To: LANCE B who wrote (9282)4/30/1999 10:14:00 AM
From: gaf  Read Replies (1) | Respond to of 13776
 
Lance, are you the one buying GTMI, Is today a good day to avg, in before next news, thanks for all the help

dgaf1



To: LANCE B who wrote (9282)4/30/1999 11:59:00 AM
From: Frederick Langford  Read Replies (1) | Respond to of 13776
 
NSTG

4/30 10:44 Diamond Shopping Club to Be
Integrated Into VeeAreCity.com
Internet <NSTG.OB>

Diamond Shopping Club to Be Integrated Into VeeAreCity.com Internet
Shopping Mall

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 30, 1999--

-- NorStar Continues to Build VeeAreCity's Infrastructure --

NorStar Group, Inc., (OTC BB:NSTG), announced today that its wholly
owned subsidiary, The Diamond Shopping Club, will be integrated into
VeeAreCity.com's INTERNET SHOPPING MALL.

"The timing couldn't be better", said Jay Sanet, NorStar's Director of
Corporate Development. "The Diamond Shopping Club has the potential to
earn more than $10 million its first year", Sanet added.

The Diamond Shopping Club will offer its diamonds and other precious gems
to buyers over the Internet at Deeply Discounted Prices with a Ten-Day Fully
Refundable Guarantee and a pre-approved credit line. All Diamonds weighing
one carat or more will be certified by a GIA Graduate Gemologist. Buyers will
download a full Virtual Reality enabled online catalog and can place orders
24 hours a day, seven days a week.

Also in the planning stage is THE DIAMOND SHOPPING CLUB ONLINE
AUCTION HOUSE, where all visitors to the site may offer their diamonds,
precious gems, and other jewelry items at a five-percent buyer/seller
premium.

The Diamond Shopping Club is projected to make its debut during the
second quarter of Y2K.

--30--jd/mi*

CONTACT: NorStar Group Inc., Fort Lauderdale

Jay Sanet, Director of Corporate Development

954/772-0240

954/492-0155 (Fax)

Email NSTGbellsouth.net Today's News On The Net - Business Wire's full
file on the Internet

with Hyperlinks to your home page.

URL: businesswire.com (c) 1998 Business Wire

COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.