NEW YORK, March 28, 2000 (PRIMEZONE) -- Medium4.com(TM) (OTCBB:MDMM) -- the home of InternetOnlyTV(TM) -- today announced that it has retained Alan Stone & Company, LLC ("ASC") to provide a full range of investor relations advisory and consulting services in order to broaden its investor base and visibility on Wall Street. ASC will commence and maintain a proactive investor communication program to convey the Company's business plans, marketing strategy, financing developments and rapid growth potential.
Jonathan Braun, CEO of Medium4.com, Inc., commented, "Our new investor relations firm, Alan Stone and Company, LLC can greatly assist us communicating our story to Wall Street. They can provide the expertise and contacts needed for our Company to become well known, in the investor community, as an emerging leader in its industry."
David Badner, Medium4.com's COO, added, "Alan Stone & Company, LLC has an impressive track record of enhancing shareholder value for its publicly traded small-cap clients and is very well-respected on Wall Street."
Mr. Alan Stone, Managing Director of Alan Stone & Company, LLC stated, "We are excited about commencing work with Medium4.com(TM). Having worked closely with clients in the Internet and telecommunications industry, we are confident in management's ability to execute its revenue growth plans and enhance profitability in the near future."
Mr. Stone concluded, "We believe that our investor relations program will assist Medium4.com(TM) in obtaining greater liquidity, developing sponsorship, broadening its shareholder base, expanding marketmakers, and realizing greater visibility among investors of emerging growth companies."
The Medium4.com(TM) name reflects the transformation of the Internet into the fourth medium for television broadcasting -- after over-the-air TV, cable TV and satellite delivery systems. Across the Company's five networks, and over 40 distinct channels, Medium4.com(TM) is the Internet's leader in creating, producing, aggregating and broadcasting rich, in-depth, on-demand video content unavailable on traditional, cable or satellite television.
The Medium4.com(TM) InternetOnlyTV(TM) networks include StreamingUSA.com(TM) (http://www.streamingusa.com), NicheTV.com(TM) (http://www.nichetv.com), Medium4Music(TM) (http://www.medium4music.com), ForiegnTV.com(TM) (http://www.foreigntv.com) and a recently announced Medium4Latino(TM) (http://www.medium4latino.com). Each of these utilizes Medium4's proprietary encoding technology creating a seamless streaming video experience.
Medium4.com's(TM) networks are market leaders in delivering original and aggregated streaming video, on-demand, from across the United States and countries around the world including targeted niche programming, music videos and interviews, city-focused entertainment and information, exclusive features and interviews, as well as full-length feature films. The Medium4.com(TM) audience watches at work and at home; it includes business people, business and leisure travelers, music, fashion, film and animal lovers and a growing community of armchair globetrotters seeking on-demand access and engagement with the world's people, places, ideas and cultures.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Medium4.com's business, which are not historical facts, are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Prospectus.
-0-
CONTACT: Media Relations:
Medium4.com
212/993-9441
Lewis Goldberg
www.medium4.com
Alan Stone & Company LLC
Investor Relations
310-444-3940
Richard Goldman
www.AlanStone.com