American Communications Enterprises Launches New "Beta" Corporate and Entertainment Web Site.AUSTIN, Texas--(BUSINESS WIRE)--Nov. 17, 1999-- American Communications Enterprises (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ACEN ACEN Anglican Communion Environmental Network ACEN Assembly of Captive European Nations ) Wednesday announced the launch of the Company's web site www.RADIOACE.com. The current version of the site is in the "Beta" development stage. The new site is planned to become a state of the art portal for Company news, radio broadcasts in streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. , advertising opportunities, ecommerce, gaming and entertainment. The ACEN web site is planned to feature unique components that will enhance user accessibility to information and entertainment. On the company side of the web site, ACEN will make available to advertising agencies ACEN Network advertising on radio stations in specific geographic areas or over the entire network and on either the ACEN web site or on the individual stations web site. This approach gives advertisers previously unavailable niche opportunities at highly attractive group rates while generating exceptional revenues for ACEN. ACEN is currently operating radio stations in east Texas on a time Brokerage Agreement and expects to execute an Asset Purchase Agreement in the next 10 days to finalize the acquisition of those properties. ACEN is also actively negotiating with other station groups in east Texas and Louisiana as part of the company's aggressive expansion plan. ACEN plans to acquire small market radio stations in clusters on a regional basis and expand to a nation wide network of 400 or more stations. ACEN plans to use a "Radio WalMart" approach that will centralize cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. functions such as programming, accounting and national and regional sales to significantly reduce operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. and enhance profits. The company's performance and financial results could differ materially from those reflected in the forward looking statements due to general financial, economic regulatory and political conditions or additional factors unknown to the company at this time, as well as specific risks and uncertainties such as those set forth in documents filed by the Company with the SEC (including, but not limited to, its most recent reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , Form 10-Q Form 10-Q See 10-Q. and Form 10K, copies of which are available upon request over the Internet at www.sec.gov). |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion