***For Immediate Release MNIL***
For Immediate Release Showintel Enters Small-City Markets, El Dorado, Arkansas, First Location MEMPHIS, Tennessee (November 27, 2001) -- Showintel Networks, Inc./MULTINET INTL CORP INC/, (Symbol: OTC BB MNIL), will begin installation of its first small-city, online system for movie theater customers to purchase current entertainment products before the end of the year in El Dorado, Arkansas. The unit will be in the lobby of the city�s Stars Cinema, a member of the statewide Stars Cinema chain. El Dorado is in the south central part of Arkansas and serves a geographic area comprised of six Arkansas counties and two Louisiana parishes, with a total population in excess of 200,000. �The ability to service the smaller chains in small markets with the identical application we are deploying in larger chains proves the usefulness of our services to all theater markets,� said David V. Lott, president and CEO of Showintel Networks. �We are excited to be able to reach to the smaller operators and assist them with a customer pleasing way to generate additional revenues.� Showintel Networks, Inc. headquartered in Tennessee, utilizes video on demand technology to provide interactive entertainment and advertising on demand. Showintel increases consumption of entertainment by creating a system that interacts with the �entertainment life-cycle�. Combining theater-based advertising, innovative loyalty programs, video-on-demand (VOD) access to pay-per-view (PPV) and subscription services, Showintel can increase loyalty and revenue to a chain of theaters, increase purchases of ancillary products (soundtracks, DVD�s, videos, merchandise) and create a pinpoint targeted direct marketing connection with entertainment consumers to stimulate rentals and PPV, Lott said. In addition, some of the infrastructure investment to complete the system can generate incremental revenue through strategic relationships with local ISP and wireless network operators. Additional information is available at www.showintelnetworks.com. This release includes projections of future results and �forward-looking statements� as that term is defined in Section 27A of the Securities Act of 1933 as amended (the �Securities Act�), and Section 21E of the Securities Exchange Act of 1934 as amended (the �Exchange Act�). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release. Acomplete corporate profile is available at www.Hotticker.com Wall Street Web Inc.(Hotticker.com) is an independent research firm. This report contains forward-looking statements. Past performance does not guarantee future results. This report is based WSW independent analysis, and may, or may not be the opinion of Wall Street Web Inc.,(Hotticker.com), but relies on information supplied believed to be reasonable. WSW has been retained by Showintel Networks, Inc., and has received 350,000 restricted shares of stock. WSW, Inc and/or individuals thereof may have positions in securities referred to herin and may make purchases or sales at any time. The information contained in this report is for information purposes only and should not be construed as an offer or solicitation to buy or sell any security. Investors should consult with an investment professional before investing any monies. Copyright 2001 WSW Inc. All Rights Reserved. To have have your name removed from our database please go to: http://www.hotticker.com/cgi-bin/remove.asp
participants (1)
-
HotTicker.com