Advanced Media Announces New Multimedia and Internet Strategy.BOHEMIA, N.Y.--(BUSINESS WIRE)--December 23, 1996--Advanced Media, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ADVI), a leading developer of interactive and Internet-based business solutions, today announced plans to utilize its multimedia and point-of-sale capabilities to provide electronic cataloging and Internet-based electronic commerce to its growing customer base. The company will also offer web-site design and back office support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . AMI's first Internet commerce web site, which is expected to include a comprehensive electronic software catalog that includes Internet, Intranet and multimedia products and services, is expected to be launched during the first quarter of 1997. The IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Ultimedia Tools Series products under the company's existing licensing and distribution agreement with IBM is expected to be integral to the software catalog. AMI has selected Electronic Data Systems (NYSE NYSE See: New York Stock Exchange :EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. ) to provide Internet hosting services and secure credit card transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. for the electronic software catalog. "By combining our multimedia capabilities with Internet commerce services, AMI will be able to offer it's customers an innovative and efficient means of reaching new and existing customers," said Hans Kaemmlein, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AMI. "Through AMI, customers will be able to expand their marketing programs to include the Internet, while utilizing proven multimedia capabilities without significantly increasing their overall development costs." Advanced Media Inc., with headquarters based in Bohemia, N.Y., is a developer of interactive multimedia products for business, including touch-screen kiosk systems, multimedia products, database management technologies, web sites, and Internet projects. AMI's customers include Walt Disney Company, Columbia Pictures, Twentieth Century Fox, Tribune Entertainment, Lexus Motor Cars and GNC GNC General Nutrition Centers GNC Gas Natural Comprimido (Argentina) GNC Guidance, Navigation, and Control GNC Grand National Championship (ATV racing) GNC Global Navigation Chart . Any forward looking statements contained in this release reflect management's current intentions and expectations. Actual future results could vary materially depending on certain risks and uncertainties, including, but not limited to, such factors as financing, revenues from operations, possible technical or development delays or difficulties, market acceptance of the company's products, and operational spending levels, as well as other risks referred to in the company's filings with Securities and Exchange Commission (SEC). CONTACT: Advanced Media, Inc. Hans Kaemmlein Phone: 516/244-1616 Fax: 516/244-1415 |
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