To: Thomas Kirwin who wrote (8313 ) 5/12/1999 8:32:00 AM From: Link Lady Read Replies (1) | Respond to of 17679
Does anyone know if Doug Schwartz any relation to Glenn Schwartz at AXC. Seems TV on the Web would work well here. biz.yahoo.com Tuesday May 11, 12:09 pm Eastern Time Company Press Release LaserMedia Adds Baywatch Producer Doug Schwartz to Advisory Board Also Concludes Private Placement TORONTO--(ENTERTAINMENT WIRE)--May 11, 1999--LaserMedia Communications (NASDAQ:LZMCF - news; CANADIAN DEALING NETWORK:LMCD) LaserMedia Communications Corp., creator of the interactive health and fitness website actfit.com and author of the highly-successful Active Fitness line of CD-ROMs, is proud to announce that veteran television producer Doug Schwartz has joined LaserMedia's Advisory Board. Producer of the internationally popular television series Baywatch (www.baywatch.com), Schwartz' credits span the theatrical, television movie, and television series areas. After producing a string of highly successful and critically acclaimed Movies of the Week for all the major networks, Schwartz and his producing partner, Michael Berk, were recruited by 20th Century Television to create new television series projects for the studio. That resulted in on-air commitments for Manimal, one of the first series to fully exploit high-tech make-up and computer generated effects. In 1988, Grant Tinker, the television legend behind Mary Tyler Moore, NBC's golden era in the 80's, and other hits like Lou Grant and Hill Street Blues, put Schwartz and Berk under contract at newly formed GTG Entertainment. There, along with veteran lifeguard Greg Bonann, they developed and sold Baywatch to NBC. The show ran for one season on the network before the demise of the GTG company forced its cancellation. Schwartz spent 14 months pitching the freshly canceled series to 1st run syndicators, eventually making a sale to All American Television. And the rest, as they say, is history. ''Doug brings to LaserMedia the ability to take our health and fitness activities, especially actfit.com, to a whole new level of audience exposure,'' said LaserMedia Chairman and CEO Richard Hue. ''Successful brand promotion these days means not just paid advertising but placement in program content, and Doug is well-placed to aid us in that. This translates into a healthier market share and, of course, more revenue opportunities. We couldn't be happier at Doug's decision to join the LaserMedia team.'' Now in its tenth year of production, Baywatch is seen by over 1 billion viewers per week in 144 countries and is translated into 23 languages. In other news, LaserMedia is pleased to announce that it concluded on May 7, 1999, through an arm's length transaction, a private placement offering of 238,085 common shares of the Corporation at a price of $0.46 per share totalling $109,524. Proceeds are to be used for working capital. LaserMedia currently has 17,818,955 common shares issued and outstanding, after giving effect to the private placement. Actfit.com is the Internet's only fully-interactive health and fitness website. Log on to actfit.com for all your interactive health and fitness needs! Forward-looking statements and comments in this press release are made pursuant to the safe-harbor provisions of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, complete future web sites or complete future acquisitions are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including, but not limited to, the risks related to the demand for the company's products and/or services, competition, and availability of capital. The information herein has not been approved or disapproved by regulatory authorities. Contact: RT Equity Inc. Jack Wall/Vince Balatbat, 416/967-4779 or 888/821-2800