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To: Tom Allinder who wrote (9843)5/7/1999 12:20:00 PM
From: Elio Madama  Respond to of 13776
 
(BSNS WIRE) Diamond Entertainment Announced Exclusive Marketing for New
Diamond Entertainment Announced Exclusive Marketing for New 6 1/4'' Screen High
Performance PC Executive Notebook Computer


Business Editors

CERRITOS, Calif.--(BUSINESS WIRE)--May 7, 1999--Diamond
Entertainment (OTC BB:DMEC) is in the business of distributing and
selling videocassettes, general merchandise, a patented flying toy
"Zoombie," furniture, and Cine-Chrome gift cards, is pleased to
announce the signing of an exclusive marketing agreement for a new 6
1/4" Screen High Performance PC Executive Notebook Computer from a
manufacturer in the Orient.
This revolutionary product is designed to provide maximum
performance as a desktop-replacement computer, which can be
conveniently transported since it is half the physical size of a
standard notebook computer. It is ideal for executives on the move who
require performance, flexibility, portability and innovation at
competitive prices. This fully functional product is half the size of
a standard notebook computer. Because of its small size and low
profile, it can easily fit into a small briefcase or attache case
without taking up valuable space. Its hardware consists of a 233 MHz
CPU, 6 1/4-inch screen, 32 MB RAM, 1.6 GB hard drive, touch screen
technology, replicator, PCMCIA modem card, carrying case and is
powered by A/C or a heavy duty battery that has a use life of 4 hours
before requiring recharging. Windows 98 operating system comes
installed for immediate utilization.
This product is set to launch in July just in time for back to
school and the holidays. Not only will Diamond aggressively pursue the
major retail chains but also feature this product on their upcoming
e-commerce site e-dmec.com.
"We are delighted to enter into the computer market with this new
innovative High Performance PC Executive Notebook, especially through
our upcoming e-commerce site," stated James Lu, CEO of Diamond
Entertainment. "The market for this computer is huge and Diamond
intends to be a significant player in the PC marketplace."
Safe Harbor Act Disclaimer: This release may contain
forward-looking statements that involve risks and uncertainties,
including, without limitation, continued acceptance of the company's
products and services, increased levels of competition, new products
and technological changes, the company's dependence upon financing,
third-party suppliers and intellectual property rights, and other
risks detailed from time to time in the company's federal filings,
annual report, offering memorandum, or prospectus.

Note to Editors: "Cine-Chrome" is usually spelled with an asterisk
rather than a hyphen.

--30--na/da*

CONTACT: Marketex, Kilgore
Gary Swancey, 903/984-7660
marketex.net

KEYWORD: CALIFORNIA



To: Tom Allinder who wrote (9843)5/7/1999 12:20:00 PM
From: ynot  Read Replies (1) | Respond to of 13776
 
No problem Tom, sorry for the late notice BUT with the CEO announcement I couldn't wait for Monday ynot :)