Bingo TV Set to Launch.PALM SPRINGS, Calif.--(ENTERTAINMENT WIRE)--Sept. 24, 1999-- Palm Springs Television Studios Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Triangle MultiMedia Limited (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :QBID) announced today the launch of BINGO TELEVISION. The show will be aired on Saturday afternoons following the company's three hour Auction Television program. Upon completion of the opening, the company hopes to air the program five days a week along with late night reruns. The company is in the preliminary stages of developing a new show entitled Rock-n-Roll Bingo which will center around several variations of the same content yet different format based upon time periods in musical history. Currently in development are three types of shows and formats. They are "Oldies Oldies is a generic term commonly used to describe a radio format that usually concentrates on Top 40 music from the '50s, '60s and '70s. Oldies are typically from R&B, pop and rock music genres. ," "Hip Hop hip-hop or hip hop n. 1. A popular urban youth culture, closely associated with rap music and with the style and fashions of African-American inner-city residents. 2. Rap music. adj. " and "Classic Rock." The company will attempt to have "tie-ins" to major record labels and their musicians for each of these shows. "Triangle MultiMedia's goal is to build America's first family oriented Gay and Lesbian Television Network. To do this we need good quality programming and the ability for individuals to interact via the Internet as the shows are being broadcast and continuing on there after," stated Frank Olsen, chairman pro tem [Latin, For the time being.] An abbreviation used for pro tempore, Latin for "temporary or provisional." A person who acts as a temporary substitute serves pro tem. . Olsen went on further to state that, "Rock-n-Roll Bingo may be one of our 'Big Hit Sleeper' with a wide variety of audience appeal being considered in this three pronged prong n. 1. A thin, pointed, projecting part: a pitchfork with four prongs. 2. A branch; a fork: the two prongs of a river. tr.v. development approach." Individuals wishing to participate in playing bingo this week can do so by e-mailing Triangle MultiMedia Limited at rasquith@theprovider.com and the bingo cards will be e-mailed back to you. Bingo Television will be airing on Saturday, September 25th, at 1:00 p.m. pacific standard time and streaming live on the Internet at www.bingotelevision.com. The company will begin to announce its sponsors on an on-going basis for current and future production lines. BINGO TV's interactive site can be seen at www.bingotelevision.com. Auction Television can be seen interactively at www.auctionstelevision.com. The company's lifestyle Web site is under construction at www.howgay.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. statement Under the Private Securities Reform Act of 1995: The statements contained herein that are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including certain delays in testing and evaluation of products and other risks detailed from time-to-time in the filings of Triangle MultiMedia Limited with the Securities and Exchange Commission. |
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