[2] BigStar Entertainment Retains BNY Capital Markets to Evaluate Strategic Opportunities.Entertainment Editors NEW YORK--(ENTERTAINMENT WIRE)--Oct. 30, 2000 BigStar Entertainment Inc. (Nasdaq: BGST BGST Bradley Gunnery Skills Test ), today announced that its board of directors has engaged BNY BNY Bank of New York Capital Markets, Inc., a division of The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , as its financial advisor to assist in evaluating strategic opportunities that could enhance the company's business objectives and increase shareholder value. The company previously announced that it had received inquires regarding a possible sale and/or strategic business combination. The company has not agreed on terms with any party, including a price for any investment in or acquisition of all or part of the securities of BigStar Entertainment. About BigStar Entertainment BigStar Entertainment Inc. (Nasdaq: BGST) operates BigStar.com (AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. keyword: BigStar), a leading Shop-A-Tainment(TM) destination site, based on internal analysis of traffic, sales and other metrics. BigStar.com is exclusively dedicated to filmed entertainment products and sells more than 70,000 titles of videos and digital video discs See DVD. Digital Video Disc - Digital Versatile Disc (DVDs). BigStar's offering of more than 8,000 movie trailers is among the largest on the Internet. Additional information can be found at www.Advaya.com. Advaya Inc., a division of BigStar, is a digital direct marketing service that serves businesses and companies that want to communicate directly with their customers online. The company provides a variety of e-marketing services and products to its customers including Advaya Direct 3.0 (SM), a personalized, targeted e-messaging and opt-in e-mail See opt-in. service. Through its proprietary Web-based software tool, Advaya enables clients to manage subscriber databases and build, schedule, test, send and analyze targeted messages to their users. Additional information can be found at www.Advaya.com. About BNY Capital Markets, Inc. BNY Capital Markets, Inc. ("BNYCMI"), a division of The Bank of New York, provides capital market and investment banking services to corporations worldwide. The Bank of New York was founded in 1784 by Alexander Hamilton and is the nation's oldest bank. The Bank of New York is the principal subsidiary of The Bank of New York Company, Inc. (NYSE NYSE See: New York Stock Exchange : BK), a financial holding company with over $75 billion in total assets as of September 30, 2000. The BNYCMI investment banking group specializes in merger and acquisition advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , private placements and valuations in media, technology and other industries. This news release may contain statements of a forward-looking nature relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future events or the future financial results of BigStar Entertainment. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In evaluating such statements, investors should specifically consider the various factors which could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in BigStar Entertainment's reports and documents filed from time to time with the Securities and Exchange Commission. |
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