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To: Ga Bard who wrote (5884)	6/1/1999 9:09:00 AM
From: Ga Bard	Respond to of 9440

NYRR'S Cross Harbor Railroad Hails Norfolk Southern/CSX June 1st 'Start Date' as Beginning of Historic New Partnership with Entering Long-Haul Rails NEW YORK (June 1) BUSINESS WIRE -June 1, 1999-- Region's Single Rail-Freight Marine Provider Ushers in New Era of Explosive Growth and Regional Cooperation New York Regional Rail (OTC BB:NYRR) President W. Robert Bentley hailed this morning's takeover of the assets and operations of Conrail, by Norfolk Southern Corporation and CSX Transportation, as "the greatest business opportunity that NYRR's Railroad has faced in a generation." "At the same time," he continued, "this development represents the most tangible step forward for regional rail and intermodal expansion, that the Port of New York and New Jersey has witnessed," said Bentley. New York Regional Rail Corporation ("NYRR") is the operator of the New York Cross Harbor Railroad, "New York & New Jersey's Direct Link to the National Rail-Freight Network," and the only rail-freight marine operation serving the Northeastern United States. With operations located at Jersey City's Greenville Yard, and multiple points of access on the Brooklyn waterfront, the Cross Harbor Railroad holds the only ICC Certificate of Necessity & Convenience to transport rail-cars via tug-propelled car-float (float-barge) between New York and New Jersey and throughout the Harbor. As a result of the Norfolk Southern and CSX entrance, into this regional marketplace, NYRR's Cross Harbor will access both long-haul carriers, directly through what will be called the 'Conrail Shared Assets Organization' area (or CSAO), solidifying the NYRR/NYCH system, as New York & New Jersey's Gateway to enhanced competitive rail-freight access. The Railroad will also connect with the Canadian Pacific RR. Shortly after the June 1998 Surface Transportation Board's (STB) approval of the NS/CSX acquisition of Conrail, NYRR's Cross Harbor Railroad signed a general "Handling Agreement" with the Norfolk Southern Railway (NYRR Press Release of 11/16/98), thus rapidly securing its position as the NY/NJ/LI region's 'Hub' Short-Line Railroad. NYRR's Cross Harbor recently concluded an exclusive agreement with Norfolk Southern to move trans-load bulk freight throughout the region at a new facility to be situated within the Railroad's Bush Terminal Yard in Brooklyn, N.Y. (NSC Press Release of 5/18/99). Bush Terminal will also be the recipient of an array of general freight flows. In summarizing his feelings on the historic meaning of this day for both NYRR's Cross Harbor Railroad, and for the entire region, Mr. Bentley said: "I am convinced that the entrance of Norfolk Southern and CSX Transportation into this market, will mean substantially higher volumes of rail-freight cars bound for, and running through our rail system. As a result, we will benefit from significantly increased revenues, resulting from this strong growth opportunity," he said. "We can also expect to see other business benefits from this entrance of regional rail-freight competition. They are: premium service for the rail-freight shipper; along with substantially lower cost structures due to increased transportation competition. Optimally efficient service will result from more rail interline cooperation, which will be a strong catalyst for regional increases in low-cost rail-freight transportation volume," he continued. "I don't think we should underestimate the public benefits that will enure to this region. The result of the entrance of Norfolk Southern and CSX Transportation will produce a tangible decrease in trans-Harbor truck traffic and congestion; improved ambient air quality as a result of lower levels of harmful emissions and particulates; savings to local and state governments on larger scale capital highway and bridge infrastructure investments; and strengthened economic and industrial development, not to mention, significant job creation for both sides of the Harbor. NYRR is proud of its current and forthcoming role in achieving these public benefits," he concluded. It is NYRR's Cross Harbor Railroad intent to work with the other railroads in this region, to help bring about a more balanced transportation network. Currently, regional truck freight-flows account for better than 95% of the region's overall freight movement, with just under 5%, reported for rail. In addition to its current agreements with the Norfolk Southern Railway, the Cross Harbor Railroad has signed agreements with CSX, to handle traffic destined for New York. The Railroad has also indicated its willingness and desire to work with the Canadian Pacific Railways, in order to facilitate its freight flows entering this, the highest consuming economy in North America. Recently, the City of New York completed its 'Ten-Year Capital Strategy, ' and has earmarked nearly $900 million in capital investment resources, for long-term development of a number of commercial and industrial initiatives. Included are three areas of particular significance to NYRR's Cross Harbor Railroad. They are: Industrial, Ports, Waterfront and Market Development, which, taken together, amount to $421.6 million, or nearly half of the aforementioned investment goal. In this program are two sites identified as providing positive impacts on future rail-service and car-floating operations along the Brooklyn Waterfront. They are: the South Brooklyn Marine Terminal, and Bush Terminal. Improvements to these key facilities will enhance operations for the Cross Harbor Railroad, which has rail rights over the trackage, extending from Brooklyn's 29th Street to 65th Street. NYRR's operating subsidiary is the only rail-freight marine operation in the Harbor. These developments will provide improved waterfront access for the NYCH expansive rail and intermodal operations. -0- as/sf* CONTACT: New York Regional Rail Gregory C. Kisloff 718/788-3690

To: Ga Bard who wrote (5884)	6/1/1999 9:12:00 AM
From: Ga Bard	Respond to of 9440

OTC BB: WAVC - news ... WaveRider Strategic Partner Receives Approval from China for Wireless Internet Solution TORONTO, ONTARIO-- - Official notice declares NCL135 as the approved model for wireless Internet connectivity in China - WaveRider Communications Inc. (OTC BB: WAVC - news), a leading global provider of wireless Internet products, announced that its strategic partner, Golden Fortune Investments Limited (ASE:GFX - news) of Vancouver, British Columbia, Canada and their joint-venture partner in China, Nanjing Orient Railway Communication Equipment Co. Ltd. (NORCEL) has received official approval from the Chinese Central Government's China Science Committee (CSC) to introduce Golden Fortune's wireless Internet solution into the existing China Data Communications Network. Golden Fortune will use WaveRider's NCL135 wireless IP routers for several wireless Internet applications. The approval positions Golden Fortune and NORCEL to become the leading wireless Internet Service Provider (ISP) in the People's Republic of China. ''The approval is a significant milestone as it puts Golden Fortune and NORCEL one step closer to the development of a national wireless Internet hub network in China,'' says WaveRider's director of International Sales Mike Orloff. ''The agreement calls for Golden Fortune to provide a minimum of 7,500 wireless routers (based on WaveRider's NCL135 specifications) to NORCEL over three years.'' Golden Fortune Investments Limited is a diversified company with interests in a variety of technologies. The company's primary objective is to capitalize on opportunities within the growing China Internet market through its long-term business relationships within China. NORCEL is a Sino-Canadian Joint Venture company fully registered in China with nationally approved licenses to develop, manufacture and market wireless communications equipment and other related products. The company has also received licenses and specific frequencies for wireless data communications as it relates to establishing a wireless Internet hub for China. NORCEL is a subsidiary of Nanjing Orient Electric. Founded in 1946, with its head office in Nanjing it specializes in the manufacture and operation of wireless communications systems. For more information on Golden Fortune: Web site: www.gfil.com E-mail: ool@gfil.com About WaveRider Communications Inc. Founded in 1997, WaveRider is a leading wireless technology company that develops, manufactures and markets products for data communications and Wireless Internet Networking (WIN). WaveRider's high performance products use frequency hopping, spread spectrum technology coupled with time division multiple access techniques and operate in the license-free 900MHz and 2.4GHz ISM frequency bands. -------------------------------------------------------------------------------- Contact: For Investor Relations call: (888) 533-1910 or Media contacts: Michelle Fowler WaveRider Corporate Communications (416) 502-3204 mfowler@waverider.com

To: Ga Bard who wrote (5884)	6/1/1999 9:14:00 AM
From: Ga Bard	Respond to of 9440

(OTC BB:ONSE) ONSITE SYCOM Announces Over $3 Million in Lighting Retrofit Projects Wholly Owned Subsidiary, LTS, Secures Five Contracts CARLSBAD, Calif.--(BUSINESS WIRE)--June 1, 1999--Onsite Energy Corp. dba ONSITE SYCOM Energy Corp. (OTC BB:ONSE) Tuesday announced that its wholly owned subsidiary, Lighting Technology Services Inc. (''LTS''), has signed five lighting retrofit contracts in California which have or will contribute an aggregate of approximately $3 million in revenue to the company. In March 1999, LTS and ONSITE SYCOM executed two contracts with Arden Realty Inc. (NYSE:ARI - news), the first of which is to administer and obtain incentives for 31 properties under the Standard Performance Contract (SPC) program, which provides payments authorized by the California Public Utilities Commission for energy efficiency projects. Through this contract, LTS/ONSITE SYCOM will receive approximately $250,000, paid over a two-year period. Under the second Arden contract, LTS will procure equipment and install lighting retrofits, occupancy sensors and new exit signs at 11 properties. Total revenue to LTS from this contract is approximately $1.5 million. These retrofits are anticipated to be complete by June 1999. LTS has completed a project for Winthrop Management Co. to retrofit 30,000 light fixtures throughout its Park Place complex, including new energy efficient exit signs for the entire property. Revenues from this contract totaled approximately $900,000, substantially all of which was recognized in the fiscal quarter ended Dec. 31, 1998. As part of its continuing effort with two existing clients that started projects in 1998, LTS has signed additional contracts with Cal Poly Pomona for lighting retrofits, totaling approximately $118,000, and with Rowland Unified School District to provide new ceiling and light fixtures, for approximately $340,000. LTS was recently awarded a contract from Long Beach City College to provide occupancy sensors in all classrooms, bringing approximately $162,000 in revenue to the company. The Cal Poly, Rowland and Long Beach City College projects were substantially completed in the quarter ended March 31, 1999. Russell Royal, president of LTS stated, ''The availability of SPC incentives is a win-win situation for both our clients and LTS/ONSITE SYCOM. LTS/ONSITE SYCOM specializes in value-added services including obtaining, administrating and performing measurement and verification for utility incentive programs. Not only do our clients benefit through energy cost savings, but also through additional revenue from incentive programs.'' Safe Harbor Statement The preceding release contains ''forward-looking statements.'' Although ONSITE SYCOM believes the financial expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Factors that could cause it to materially differ from those statements made above include, but are not limited to, the continued performance of ONSITE SYCOM at or above historic levels, energy industry trends and ONSITE SYCOM's ability to satisfy the customer on timeliness and quality. Additional information on these and other factors that could potentially affect ONSITE SYCOM's financial results may be found in ONSITE SYCOM's filings with the Securities and Exchange Commission. ONSITE SYCOM Energy Corp. is a comprehensive energy service company that assists its customers in reducing electricity and fuel costs by developing, designing, constructing, owning and operating efficient, environmentally sound energy projects. ONSITE SYCOM also offers a full range of professional consulting services, which include direct access planning, market assessments, business strategy and public policy analyses, utility deregulation and environmental impact/feasibility studies. It is ONSITE SYCOM's mission to save customers money and improve the quality of the environment through independent energy solutions. -------------------------------------------------------------------------------- Contact: ONSITE SYCOM Energy Corp., Carlsbad Richard Sperberg, 760/931-2400 E-mail: info@onsitesycom.com S. Lynn Sutcliffe, 732/748-9600 or Lighting Technology Services Russell Royal, 714/550-7223, Ext. 121

To: Ga Bard who wrote (5884)	6/1/1999 9:16:00 AM
From: Ga Bard	Respond to of 9440

(OTC BB:PCIE - news) Pacific International Enterprises Inc.: Michael Plunkett Added to The France Group Roster as Vice President of Manufacturing LOS ALAMITOS, Calif.--(BUSINESS WIRE)--June 1, 1999--Pacific International Enterprises Inc. (OTC BB:PCIE - news) and its The France Group Division is a 300,000 unit capacity, state-of-the-art, manufacturing operation, which includes the in-house brands Wake Tech, Rift, Microski and Twenty Four Seven Snowboards. 24/7 Snowboards racing program is acclaimed worldwide, with Olympic Gold Medalist Ross Rebagliati signed to an exclusive snowboard promotional contract through the 2002 Olympics. PCIE Tuesday announced that Mike Plunkett has accepted the position as vice president of manufacturing for The France Group. Plunkett, a pioneer in board sports manufacturing, has a successful 28 year track record developing and implementing state-of-the-art technologies and producing snowboards, skateboards, waterskis and professional racing water skis. The current world record holder in the quarter mile, with a speed of 131 miles per hour, used Plunkett's waterskis. Plunkett, who was once a world record holder for barefoot water speed skiing, accepts this new challenge with the same drive and determination necessary to achieve such a feat. Plunkett's Huntington Beach, Calif., snowboard/skateboard factory was a complete in-house production facility that did not rely on any outside manufacturers, only raw material suppliers. His facility, upgraded with his own equipment solutions that included printing, sublimation and a wood core shop, drastically reduced the per unit cost while enhancing product quality. Plunkett sold the factory equipment in 1998, which was moved outside of North America. Gavin Myers, director of R&D, stated: ''Mike is seasoned, solid and proven. The fact that he knows the sporting goods market inside and out makes working with him very easy. He was building skateboards for Tom Sims in 1974 and has been making snowboards since 1978. Mike's kept abreast of the technological advances ever since and pioneered many of the manufacturing processes still used today. Mike gives me 100 percent confidence that product performance and quality will advance while we are producing and delivering exactly what our customers expect. To me, the VP of Manufacturing is the most important position in the company and we have a great one in Mike.'' Binks Graval, chairman & chief executive officer stated, ''Mike Plunkett, added to our state of the art facility, gives PCIE the ability to effectively compete as a market and industry supplier on a worldwide basis. Our goal is to create a complete in-house package for our OEM customers. Mike's 28 years of board manufacturing experience brings a quantitative amount of confidence, security and insurance to the table with it.'' PCIE is also talking to other publicly traded companies in the hopes of creating strategic marketing alliances. Companies like: Empire of Carolina (AMEX:EMP - news), California Pro Sports (Nasdaq SmallCap:CALP - news), K2 (NYSE:KTO - news), Marker International (Nasdaq:MRKR - news), Ride Inc. (Nasdaq:RIDE - news), Vans (Nasdaq:VANS - news), Action Sports International (OTC BB:ACTB - news), etc., are all potential candidates. Heightened levels of confidence that a quality product will be delivered on time goes a long way in promoting strategic alliances, especially if you are the company bringing the manufacturing expertise to the table. To date, Plunkett and the manufacturing technologies he created, have produced over five million board sports products. Throughout the years, Plunkett has also owned and operated three retail water ski businesses including ''Endo's,'' founded in 1972, which is the oldest all pro water ski shop in the country. For 11 consecutive years at the Long Beach Outdoor Marine Stadium in Southern California, Plunkett promoted and competed in barefoot speed skiing competitions. Last but not least, in 1974 and 1975, Plunkett promoted and competed in AMA (American Motor Cycle Association) Motocross competitions. Plunkett and his family are relocating to Goldendale, Wash., and are excited about his newest venture. The France Group, a Division of Pacific International Enterprises, develops and manufactures sports related products for rapidly growing markets, including snowboarding, wakeboarding, mini-skiing and skateboarding. The France Group brand names are a leader in their category by providing superior levels of performance and quality. For other 1999 PCIE publicity releases, reference the Internet; businesswire.com, yahoo.com (Nasdaq:YHOO - news), go.com, excite.com (Nasdaq:XCIT - news), microsoft.com (Nasdaq:MSFT - news), aol.com (NYSE:AOL - news), and most sports sites. (PR No. 1) Jan. 20, 1999 - Pacific International Enterprises Inc. acquired the assets of France Sports Mfg. and Twenty Four Seven Snowboards. (PR No. 2) Jan. 26, 1999 - Pacific International Enterprises Inc. acquired the assets of Durham Molding Corp's (DMC) Wake Technology Wakeboards and Rift Snowboards. (PR No. 3) Jan. 27, 1999 - Pacific International Enterprises Inc. Acquires $3.5 Million in Assets of France Sports Mfg., Twenty-Four Seven and Wake Tech. (PR No. 4) Feb. 4, 1999 - Pacific International Enterprises Inc. signs Nagano Olympic Gold Medalist Ross Rebagliati. (PR No. 5) Feb. 16, 1999 - Pacific International Enterprises Inc.; World Champion Snowboarder, Sondra Van Ert, having Best Season ever on 24/7 Snowboards. (PR No. 6) Feb. 23, 1999 - Pacific International Enterprises Inc.; The France Group; OEM Order Entry Rate Running Ahead of Projections. (PR No. 7) April 12, 1999 - Pacific International Enterprises Inc.; launches Sony designed Web site. (PR No. 8) April 13, 1999 - (Sony correction) Pacific International Enterprises Inc.; launches Web site. (PR No. 9) April 30, 1999 - Pacific International Enterprises Inc.; Announces new Internet and E-Commerce Division. (PR No. 10) May 7, 1999 - Pacific International Enterprises Inc.; Letter to the Shareholders from the Chairman & CEO (PR No. 11) May 12, 1999 - Pacific International Enterprises Inc.; Equity Raised to Mfg. OEM Orders. (PR No. 12) May 21, 1999 - Pacific International Enterprises Inc.; E-Commerce Update. Statements in this release are made pursuant to the ''safe harbor'' 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, increased levels of competition for the company, and dependence on third party suppliers. -------------------------------------------------------------------------------- Contact: Pacific International Enterprises Inc., Los Alamitos 714/816-0200 Fax: 714/816-0594 Web: www.thefrancegroup.com Web: www.247snow.com Web: www.sonymusic.ca

To: Ga Bard who wrote (5884)	6/1/1999 9:18:00 AM
From: Ga Bard	Read Replies (1) \| Respond to of 9440

(OTC BB:NPCT - news; Berlin Stock Exchange:NPI) Nanopierce Technologies Announces Joint Venture With Cirexx Corp. Initial Project Involves Boeing DENVER--(BUSINESS WIRE)--June 1, 1999--Nanopierce Technologies, Inc. (OTC BB:NPCT - news; Berlin Stock Exchange:NPI) today announced that it has signed an agreement to form a Joint Venture with privately held Cirexx Corporation of San Jose, Calif. to commercially exploit NCS (Nanopierce Connection System) with the services and products of Cirexx. The initial project of the joint venture involves the application of NCS on a flex circuit for Boeing (NYSE:BA - news), Seattle. Boeing has specified the use of NCS for the flex circuit. Boeing solicited Cirexx to submit a pricing quotation for the prototype flex circuit. Cirexx Corporation is a world leader in the quick turn prototype, design and production manufacture of high technology digital, R.F., and analog flexible circuits and mixed technologies. Cirexx, founded in 1980, has manufactured circuit boards and similar products for most every major high tech company in Silicon Valley and around the world. Its current worldwide customer base consists of over 800 corporate clients. Cirexx is partnered with Asia's premier printed circuit board manufacturer, Elec Eltek, Inc. (E&E). Founded in 1972, E&E has eight manufacturing plants throughout Southeast Asia and 14 sales offices worldwide, making it one of the industry's global leaders in large volume production of circuit boards. Paul Metzinger, president and CEO, said, ''Cirexx Corporation has established a solid reputation for high quality engineering and excellence of service in the electronics industry. This joint venture will accelerate the introduction of NCS on a global basis by accessing the world-wide customer base and benefiting from the marketing presence of Cirexx Corporation and its partner E&E.'' Nanopierce Technologies owns 11 patents, 6 patents pending, and 2 patent applications in preparation, and various other intellectual properties related to the company's proprietary NCS (Nanopierce Connection System). This advanced system is designed to provide significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems. The public stock trades under the ticker symbol NPCT on the OTC bulletin board. Nanopierce Technologies is a subsidiary of Intercel Corporation (OTC BB:INCE - news). -------------------------------------------------------------------------------- Contact: Nanopierce Technologies, Inc. Paul Metzinger, 303/592-1010 or Stock Enterprises Jim Stock, 702/614-0003 (Investor Relations) -------------------------------------------------------------------------------- More Quotes and News: NanoPierce Technologies Inc - n

To: Ga Bard who wrote (5884)	6/1/1999 9:19:00 AM
From: Ga Bard	Respond to of 9440

(OTC: QCSC - news) MARS The Musician's Planet Signs Pilot Agreement With QCS.net as Part of Their Just-in-Time Product Strategy MOUNTAIN VIEW, Calif., June 1 /PRNewswire/ -- QCS.net Corporation (OTC Bulletin Board: QCSC - news), strategic e-business supply chain management partner with IBM Corporation, announced today a pilot of its e-Collaboration solution with MARS The Musician's Planet. MARS intends to use QCS.net's Internet-based sourcing and procurement solution that links retailers with suppliers worldwide, as a key component in its centralized distribution strategy to realize additional supply chain efficiencies. MARS, which started with one 35,000 square foot store in March 1997, has already expanded to 24 locations across the country and has plans to grow from $200 million in sales to a multibillion enterprise in the next few years. MARS' Vice President and CIO Keith Hammer says QCS.net will support their growth plans by helping them put products on their shelves faster. ''We expect QCS.net to eliminate much of the time and costs of communicating with our suppliers through fax and phone. These inefficiencies result in us not getting products to our customers fast enough.'' As a member of QCS.net, MARS will be able to collaborate with its suppliers over the Internet throughout the sourcing, procurement and post-order processes. ''Merchants spend a huge amount of time and effort using a variety of methods to routinely communicate with our numerous vendors,'' says Hammer. ''QCS.net can certainly streamline that process.'' With the QCS.net solution MARS can view vendors' electronic catalogs and submit standard requests for product information. Suppliers respond with product offers that contain all of the relevant information that MARS needs to make a quick buying decision. Product negotiations can now take minutes or hours instead of days or weeks of missed phone calls and mislaid faxes. After MARS and its supplier agree on the terms of a product offer, then purchase orders, automatic shipping notices and reorder forms can be exchanged without having to rely on expensive electronic data interchange technology. MARS plans to integrate information from the QCS.net solution with its warehouse management and retail inventory systems, creating a just-in-time inventory system with demand forecasting that can be communicated directly with their supply chain. ''For a rapidly growing business like ours, we can't justify the huge investment of time and effort or the resulting inflexibility of traditional EDI,'' Hammer added. ''We need one solution that connects our entire supply chain and is accessible and affordable for everybody. With QCS.net, our suppliers will only need a PC and an Internet connection. They will be able to pay a low-monthly subscription fee for a much more effective way to communicate with us. It will help us both accomplish our common objectives faster.'' QCS.net Corporation's President and CEO, Sean Maloy, said, ''We are very excited to pilot the QCS.net solution with MARS, a rapidly growing and innovative retailer.'' MARS knows what it is going to take to achieve and then sustain their desired competitive position into the next millennium. Maloy further stated, ''MARS has identified the 'marketspace' that they want to create and dominate and what it is going to take to get there. High on that list is the need for efficient information links between them and all their trading partners, worldwide. Successful testing under the pilot program will allow the MARS team to go beyond 'traditional EDI functionality' via Internet and use the capabilities of the Web and the QCS.net solution to enable the complete business-to-business information workflow, efficiently and effectively.'' MARS is also looking ahead to other ways QCS.net can support their aggressive growth plans. Hammer anticipates that the QCS.net Internet-based link with their supply chain will also help them prepare for the launching of its e-commerce enabled Web site planned for later this year. QCS.net Corporation (www.QCS.net) is a provider of a business-to-business electronic collaboration solution for the retail industry and its global trading partners. QCS.net provides an Internet, browser-based workflow tool which integrates electronic catalogs, requests for proposals, product offers, negotiations, ordering, order status/fulfillment tracking and full Internet EDI functionality. IBM sells, distributes, and provides end-user support for the QCS.net Service, which is positioned as a strategic procurement solution in the IBM Supply Chain Solutions Portfolio. All customer, help desk, and training services are available through regional IBM/QCS.net Solution Centers based in Cincinnati, Brussels and Hong Kong. Any statements in this announcement about future results are preliminary and based on partial information and assumptions, and actual results may differ. Except for historical information presented, the matters discussed in this announcement contain forward-looking statements that involve risks and uncertainties, including the development and growth of markets targeted by QCS.net Corporation, the acceptance of Electronic Collaborative Solutions by retailers and vendors, the continuance of IBM as a business partner, subsequent competition, general economic conditions in the U.S. and abroad, and other risks detailed from time to time in the company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of the most recent forms 10K and 10Q of QCS.net Corporation are available upon request from its corporate office.

To: Ga Bard who wrote (5884)	6/1/1999 9:24:00 AM
From: Ga Bard	Respond to of 9440

(Nasdaq: AWEB - news), Autoweb.com Consumers Drive over $10 Billion in Auto Sales In Addition, Company Posts over 100% Increase in Other Automotive Commerce SANTA CLARA, Calif., June 1 /PRNewswire/ -- Autoweb.com, Inc. (Nasdaq: AWEB - news), today announced that its consumers now drive over $10 billion in new and used car sales annually or over $26 million per day, -- based on data collected from consumer surveys. In addition, the Company also posted an increase of over 100% since the beginning of the year in other automotive-related commerce including consumer to consumer sales, insurance, financing, accessories and extended warranties. The two figures together demonstrate Autoweb.com's overall influence in automotive e-commerce, based on growing consumer acceptance of the Autoweb.com brand across a wide range of automotive products and services. Autoweb.com's business model derives revenue from multiple, highly scalable sources, unlike most online car buying services. Currently, 70% of its revenues come from dealer sales with the fast growing remainder coming from non-dealer sources, such as financing, insurance, accessories and consumer to consumer ads. These services help the Company build long-term relationships with its customers, and make the total vehicle ownership experience easier and more efficient. ''In one of the largest and fastest growing Internet categories, Autoweb.com is leading the industry by offering more comprehensive services that meet the growing needs of today's consumers,'' said Dean DeBiase, President and CEO of Autoweb.com. ''With this broad range of services, Autoweb.com has become the trusted brand on the Internet for automotive commerce.'' By providing a comprehensive solution for the entire vehicle ownership experience, including browsing, buying, enjoying and selling, Autoweb.com provides consumers with every resource for the automotive lifecycle. The network of 4,900 Member dealerships, the largest in the industry, benefit from Autoweb.com's pay-for-performance pricing model and the Company's commitment to extensive training and development which goes beyond initial sales to long-term customer retention. About Autoweb.com, Inc. Autoweb.com is the leading consumer automotive Internet service. With an extensive collection of automotive-related community, content and commerce offerings, Autoweb.com guides consumers through every stage of vehicle ownership from browsing and buying, to enjoying, maintaining and selling. As a trusted intermediary, the Autoweb.com process connects mass market consumers to real-world buying alternatives through the most extensive network of Member Dealers and other commerce partners, and ensures the consumer experience is faster, better and easier. The statements in this news release may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect the company's results is detailed in the company's Registration Statement, as filed with the Securities and Exchange Commission, as well as the Form 10-Q for the quarter ended March 31, 1999, filed with the Securities and Exchange Commission. SOURCE: Autoweb.com, Inc. --------------------------------------------------------------------------------

To: Ga Bard who wrote (5884)	6/1/1999 9:25:00 AM
From: Ga Bard	Respond to of 9440

(OTC : HMSR - news), HemaSure Receives U.S. FDA Clearance for Its r\LS Red Blood Cell Filtration System for Marketing Product for the Removal of Leukocytes from Donated Blood Receives 510(k) Clearance Strong Global Trend Shows Increased Demand for Leukocyte-Reduced Donated Blood to Protect Patients from Harmful Viruses and Transfusion Reactions MARLBOROUGH, Mass., June 1 /PRNewswire/ -- HemaSure Inc. (OTC Bulletin Board: HMSR - news), a developer and supplier of blood filtration technologies, today announced that its r\LS Red Blood Cell Filtration System has received 510(k) clearance for marketing in the United States by the U.S. Food and Drug Administration (FDA). HemaSure intends to launch the r\LS System in the U.S. as soon as practical both directly to the American Red Cross and through its distributor, COBE BCT, Inc. (COBE). The product has been launched by COBE outside of the U.S. with a focus on Europe, where it has already received the CE Mark. The r\LS System is designed to reduce leukocytes (white blood cells) in donated blood. Leukocytes can transmit a number of bacteria and viruses and cause reactions in blood transfusion patients. The Company believes that the cost-effectiveness of the r\LS, coupled with the efficiencies gained by leukoreducing blood in large quantities at donor centers, should increase the use of this method, and in turn, of leukoreduction procedures in general. ''FDA clearance of the r\LS is a major milestone achievement in our strategy to position HemaSure to capitalize on the rapidly increasing global demand for leukoreduced blood,'' stated Jack McGuire, President and Chief Executive Officer of HemaSure Inc. ''During the past two years, we have taken actions to sharply focus HemaSure on developing and delivering a red blood cell filter that meets our customers' unique requirements. This approval, together with significant distribution and development agreements, brings HemaSure one step closer to its ultimate objective of profitability and value creation for our shareholders.'' HemaSure's development and distribution agreement with COBE, a leading manufacturer of automated blood component collection systems and a business unit of $2 billion Gambro AB, gives COBE distribution rights for HemaSure's products worldwide, excluding sales to the American Red Cross (ARC). COBE is an excellent marketing partner for the r\LS, since their sales force already calls on the same potential users of the r\LS for their own products. The arrangement also gives HemaSure access to COBE's strong international distribution network, including sales offices in more than 100 locations worldwide. The product development agreement covers the development of filtration devices that may be used in connection with COBE's automated blood component collection equipment. In August 1998, the Company renewed its strategic alliance with American Red Cross Biomedical Services, a unit of the ARC. Under this five-year initial agreement, the two organizations can co-develop enhanced versions of HemaSure's leukoreduction filters and collaborate on other filtration opportunities. The ARC represents nearly 50 percent of the blood donated in the U.S. The r\LS is the first product developed under this alliance. ''We are especially excited by the 510(k) clearance in light of clear market trends toward the universal leukoreduction of donated blood domestically and throughout the world. In the United States, where currently approximately 20 percent of donated blood is leukoreduced, 100 percent leukoreduction has been recommended by the FDA's Blood Products Advisory Committee. The FDA has also recently recommended that the filtration be performed pre-storage, which is our focused market. Additionally, several countries outside of the U.S. are currently providing or have committed to provide only leukoreduced blood components. We stand ready to assist our customers in meeting these increasing demands and believe that the quality and cost effectiveness of our r\LS product should enable us to participate internationally in this explosive market.'' Concluded McGuire, ''The FDA clearance of the r\LS serves as an important platform for HemaSure to achieve other critical goals for our company: the achievement of profitability and the development of a family of filtration products based on our core technology. We look forward to these new opportunities.'' HemaSure Inc., based in Marlborough, Massachusetts, develops and delivers innovative filtration technologies designed to set standards of safety for processing blood components worldwide. Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. These statements include, but are not limited to, those relating to the launch of the Company's r\LS System in the United States and internationally, and the Company's potential future profitability. Information on the potential factors that could affect the Company's actual results of operations are included in its filings with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the year ended December 31, 1998. SOURCE: HemaSure, Inc.

To: Ga Bard who wrote (5884)	6/1/1999 9:27:00 AM
From: Ga Bard	Respond to of 9440

(Nasdaq: AMVP - news) AmeriVest Properties Announces Regular Quarterly Dividend LAKEWOOD, Colo., June 1 /PRNewswire/ -- AmeriVest Properties Inc. (Nasdaq: AMVP - news) today announced its regular quarterly dividend of $.12 per share for the second quarter of 1999. The dividend will be paid on July 15, 1999 to holders of record as of June 30, 1999. According to James F. Etter, President and CEO of AmeriVest, ''this dividend, the eleventh consecutive quarterly dividend paid since the Company's initial public offering in October 1996, continues to provide an outstanding yield to our shareholders and follows the solid 1st quarter earnings and Funds From Operations report, previously announced.'' AmeriVest also previously announced that it has entered into an agreement to acquire three properties in Indianapolis, Indiana for approximately $7,944,000. The purchase will be made with approximately 561,000 shares of common stock valued at $4.75 per share or approximately $2,665,000 of additional equity and the assumption of existing mortgage on the properties of approximately $5,279,000. Completion of the acquisition is subject to the approval of the shareholders of AmeriVest at its annual meeting scheduled for June 29, 1999. Certain matters discussed in this release are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from the expectations reflected in the forward-looking statements. Such risks and uncertainties are disclosed in the Company's past and current filings with the U.S. Securities and Exchange Commission. They include, but are not limited to, the risks and uncertainties that proforma and/or historical revenues, expenses and other financial information will not be indicative of future results and the risks and uncertainties of locating and acquiring properties on favorable terms to the Company. AmeriVest Properties Inc., with its principal office in Lakewood, Colorado, owns 24 properties, including 19 small office buildings, a commercial industrial building, and four self-storage properties. Its common stock and warrants trade on the Nasdaq SmallCap Market under the symbols ''AMVP'' and ''AMVPW,'' respectively.

To: Ga Bard who wrote (5884)	6/1/1999 9:28:00 AM
From: Ga Bard	Read Replies (1) \| Respond to of 9440

(Nasdaq: BIGE - news) Big Entertainment's Hollywood.com Announces Launch Of Movie Showtimes Direct E-Mail Service Website Adds New Distribution of Moviegoer Content SANTA MONICA, Calif. and BOCA RATON, Fla., June 1 /PRNewswire/ -- Big Entertainment, Inc. (Nasdaq: BIGE - news) and its new subsidiary, Hollywood.com, Inc. (which owns the popular movie website Hollywood.com), today announced the latest addition to Hollywood.com's array of moviegoing information services, ''ShowTimes Direct.'' ShowTimes Direct will deliver customized e-mail messages direct to users with information about movies opening during the current week, including synopses. When users sign up for the service, they can specify favorite local movie theatres. At least once a week, they will receive an e-mail announcement. Users will then follow links contained in the e-mail that lead to a Web page on Hollywood.com with movie listings in their neighborhood. Plans are for the e-mails to contain special promotional features, personalized for the user. In addition to its benefits to moviegoers, the service is anticipated to generate traffic and advertising revenue for Hollywood.com. ''ShowTimes Direct is yet another example of Hollywood.com's efforts to provide our users with easy-to-access, highly customized moviegoing information,'' said Mitchell Rubenstein, Big Entertainment's chairman and chief executive officer. About Hollywood.com Hollywood.com (www.hollywood.com) is a premier website for movies. The award-winning website features one of the Web's largest collections of movie-related multimedia, including movie trailers, movie soundtracks, photos and exclusive interactive games. Hollywood.com also offers visitors current movie, laserdisc and movie soundtrack information, as well as local movie theaters' showtimes, daily Hollywood news, celebrity interviews, listings of movies on TV, a searchable database with over 130,000 movies and 850,000 cast and crew credits, movie reviews, box office charts and interactive forums. Hollywood.com also offers a weekly email dispatch and coverage of premieres, film festivals and events. About Big Entertainment Big Entertainment, Inc. (Nasdaq: BIGE - news) was founded by Mitchell Rubenstein and Laurie S. Silvers, who earlier founded the Sci-Fi Channel(TM). Big Entertainment owns Hollywood.com, bige.com, and CinemaSource, a combination of movie-related Internet businesses that are being combined under the ''Hollywood.com'' brand. Big Entertainment also owns entertainment properties created for it by best-selling authors and media celebrities, including Leonard Nimoy and Mickey Spillane. CBS Corporation and BigE recently announced that they have signed an agreement in principle for CBS to receive an initial 35% ownership interest (with warrants to purchase an additional 5% ownership position) in Hollywood.com, bige.com and CinemaSource in exchange for $100 million of promotion and content support over a period of seven years. Big Entertainment will own 65% of the joint venture. Completion of the CBS joint venture is subject to finalizing transaction documents and customary closing conditions. The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in Big Entertainment's filings with the Securities and Exchange Commission.