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Company uses Internet and TV to rause public awareness of New IPO...


JERSEY CITY, N.J.--(BUSINESS WIRE)--April 28, 1997--Interactive Multimedia Network, Inc., a global marketing company specializing in small businesses and new product introduction and using "Interactive Convergence" to introduce its clients' products, is now applying the same "push technology" to introduce its new IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  offering.

In a marketing and distribution philosophy the company calls "Interactive Convergence: Your product on TV and the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 simultaneously," IMN IMN Iraqi Media Network
IMN Indicated Mach Number
IMN Inter Member Network
IMN Infectious Mononucleosis
IMN Invisible Moose Network (website)
IMN Illegal Macro Name
IMN Internet Marketing Newsletter
 combines their Internet Web site "Shop-The- Net(TM)" (url: www.shop-the-net.com) with the first "Interactive Home Shopping Home Shopping commonly refers to the electronic retailing / home shopping channels industry, which includes such billion dollar companies as HSN, QVC, eBay, ShopNBC, Buy.com, and Amazon.com.  Sitcom" utilizing broadcast television, cable and satellite to raise public awareness of its clients' products and now is using the same philosophy for its new stock offering.

With "Interactive Convergence" IMN raises the awareness level of its family Web site, Shop-The-Net(TM), by using traditional channels of distribution such as television infomercials and the home shopping sitcom to motivate the viewer to visit the Web site for more details and ordering information about a specific product or service. Upon entering Shop-the-Net(TM), a potential investor can also learn more about the company's stock offer (Offering Circular Offering Circular

An abbreviated prospectus for a new security listing. Delivered to individuals and brokerage houses, these documents are issued to arouse interest in the new issue.

Notes:
An offering circular allows investors to access information regarding a new issue.
) and request the circular and other information directly from an order page.

Interactive Multimedia's choice of a Web-based IPO gives the potential investor up-to-date information about the company-- information that is often not available in the offering circular--and more detailed information on the company's philosophy and method of operation than is normally available from brokers. Not only can the potential investor read the SEC-qualified offering circular but can experience first-hand first-hand
Adjective

obtained directly from the original source

Adverb

1. directly from the original source

2.
 how "Interactive Convergence" works.

The IPO information includes a full description of IMN's business strategies and the relationship of the Interactive Convergence philosophy to the company's four groups: Internet Group, Marketing Group, Entertainment Group and Multimedia Group. The investor can see the types of clients involved and examine the professional marketing expertise that goes into a strategy before a product is introduced into the marketplace, (Shop-The-Net(TM) Web site). More importantly, the performance of the company can be tracked not simply as a reflection of stock price fluctuation Fluctuation

A price or interest rate change.
 but by monitoring the company's growth by client and industry. Potential investors can participate via E-mail, live chat rooms and video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
, as well.

Using "crossed platforms" (television and Internet convergence) is the future for marketing products and services in the global electronic marketplace, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the company's corporate director of marketing: "The two most powerful channels of distribution for the direct marketing of product are focused not only on the consumer but are also used to reach other channels of distribution such as major retailers, wholesalers, and distributors. Between the two media, the potential viewing audience is enormous, reaching potentially 100 million consumers. IMN's unique approach to its Internet IPO can clearly gain benefits from this consumer base."

CONTACT: Interactive Multimedia Network, Inc.

Richard Verdiramo, 1-888-217-4137

E-mail: imnet@shop-the-net.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 28, 1997
Words:469
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