ImaginOn Outlines Plans to Launch High Bandwidth Internet Portal At 1999 ISPCON Conference in October.SAN CARLOS San Carlos (săn kär`lōs), residential city (1990 pop. 26,167), San Mateo co., W Calif.; inc. 1925. The chief manufactures are plastic products, hardware, and machine parts. , Calif.--(BUSINESS WIRE)--July 15, 1999-- October 1999 launch of the next generation Internet See Internet2. portal www.IMON IMON International Merkur Owner's Network IMON Internet Monitor .com is designed to showcase ImaginOn's patented technology for advanced on-line research, interactive movies and gameplay, interactive travel planning and video e-commerce; Company to offer memberships to small businesses, schools and individuals who want to "live at a higher bandwidth"; memberships will be free to customers who sign-up for ImaginOn's new high speed Internet access package. ImaginOn, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : IMON) today announced plans to launch in October 1999 a high bandwidth, high value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. Internet portal that will be enabled by its patented Transformational Database Processing & Playback technology. The portal, www.IMON.com, will be unveiled at the 1999 ISPCON ISPCON Internet Service Provider Convention (The Golden Group, Inc.) Conference in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , where it will showcase the high bandwidth capabilities of ImaginOn's proprietary technology in a wide variety of user applications, including advanced on-line research, interactive movies and gameplay, interactive travel planning and video e-commerce applications. An outline of the Company's portal plan was discussed last night with callers who participated in the ImaginOn Town Hall Meeting that was webcast live over the Internet by VCall. For those who missed the live broadcast, an audio transcript will be available at http://www.imaginon.com on July 21, 1999. The goal of the new portal, according to ImaginOn Chief Executive Officer David Schwartz, is to make the Internet easier and more productive for small business, educational institutions, and individuals. "We have consistently stated that the true value of our technology can only be realized in a high bandwidth environment," Schwartz said today. "Our new high speed Internet facility allows us to create a portal for those businesses, schools and individuals who want to live at a higher bandwidth. We are taking our WebZinger Research Engine, WorldCities 2000 Series of interactive travel planners, sellONstream video e-commerce solutions and Resorts 2000 virtual destinations and incorporating each as an integral part of our new portal." ImaginOn anticipates that revenues will be generated by ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. services, license agreements, memberships, advertising, and commissions stemming from video e-commerce sales. Memberships in the IMON portal community will be made available free of charge to businesses, schools, and individuals who connect to the Internet through ImaginOn's wholly-owned subsidiary, INOW INOW Interoperability Now! (IXTC, Lucent, VocalTech, Ascend, Cisco, Clarent, Dialogic, Siemens) Internet Services. Those who choose to connect through other ISPs can join the IMON portal community for a fixed monthly fee that will be announced in October. According to Schwartz, a feature that is likely to drive portal memberships in the short-run is the debut of the on-line version of the WebZinger Research Engine, which will feature support for Real Audio and Video, MP3 and quicker, more efficient audio and video retrieval. ImaginOn, Inc., operating through its wholly-owned subsidiary, ImaginOn.com (www.imaginon.com), engineers, produces and sells business and consumer software for CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). and Internet users, including: WebZinger, its product line of Web Research Engines; sellONstream, its e-commerce software solution; and WorldCities 2000 Web/CD travel planners. ImaginOn, Inc.'s wholly-owned subsidiary INOW, Inc. (www.inow.com) provides Internet services including high-speed connectivity, website hosting, website design and e-commerce support. ImaginOn, Inc.'s wholly-owned subsidiary Imagine Digital Productions (www.imaginedp.com) designs web sites and advertiser-supported CD-ROMs. WorldCities 2000, sellONstream, and WebZinger are trademarks of ImaginOn.com and are also protected under U.S. Patents. Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the "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. " provision of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed in the Company's periodic reports and in its Form S-3/A-2 registration statement declared effective by the Securities and Exchange Commission on April 26, 1999. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements. |
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