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Microcap & Penny Stocks : Cool Entertainment (CULE) -- Ignore unavailable to you. Want to Upgrade?


To: CoffeePot who wrote (328)5/14/1999 11:38:00 AM
From: tobin sears  Read Replies (1) | Respond to of 488
 
Friday May 14, 10:59 am Eastern Time
Company Press Release
Cool Entertainment Live Appearance On ''You're On the Line'' Television Show, in Los Angeles
BELLEVUE, Wash.--(BUSINESS WIRE)--May 14, 1999--Cool Entertainment Inc. (OTC BB: CULE - news) is pleased to announce an appearance by Clement Lau, President of Cool Entertainment, on ''You're On The Line'' Television Show, on KWHY - Channel 22 in Los Angeles, California. The show will go live in Los Angeles at 2:00 P.M. for 30 minutes; KWHY Local cable outside of Los Angeles; Channel 65 in Santa Barbara; and Channels 17 & 43 in San Diego. Appearances on this show are pre-booked and paid for in advance.

If you are unable to access the show live this afternoon, you will be able to download it at our website www.coolent.com as of Friday, 21st of May, 1999.

Cool Entertainment has alliances with Digital River, Inc. (Nasdaq: DRIV - news), the largest online source of software in the US and a leading outsource provider of Web-based commerce solutions providing more than 5,000 software publishers and online retailers with a proprietary technology for Internet delivery of more than 100,000 digital products, including 30,000 software applications; and Valley Media, Inc. (Nasdaq: VMIX - news) a recognized leader in full-line entertainment wholesale distribution, Internet retail fulfillment, independent music distribution and proprietary database products and publications. Valley Media operates facilities in seven states with primary distribution centers in Louisville, Kentucky and Woodland, California.

Cool Entertainment is a comprehensive, entertainment retail website, which will be offering a wide range of products including books, CDs, DVDs, videos, video games and software. The website will also contain value-added services including celebrity interviews, book reviews, online chat rooms, online games, and free email accounts. Cool management is currently exploring additional distribution networks in Europe, Asia, Australia and Latin America.

This press release may contain forward-looking statements made pursuant to the ''safe harbour'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, subscriber growth, product demand, completion, and other risks and uncertainties detailed from time to time in the Company's periodic reports.

10900 NE 8th Street, Suite 900, Bellevue, WA 98004; Corporate Office: 425/688-2997; Fax: 425/454-4383; Investor Relations: 604/218-6575; 888/603-8833

--------------------------------------------------------------------------------
Contact:

Cool Entertainment Inc., Bellevue
Clement Lau, 425/688-2997
Investor Relations: dwntwn@lynx.bc.ca