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RACING LEGEND BOB TULLIUS TO HEAD NEW CABLE NETWORK

 SAN FRANCISCO, June 7 /PRNewswire/ -- TRAX, a cable television network dedicated to "Everything that moves America," will begin transmitting Jan. 1, 1995. TRAX will emphasize coverage of motor sports, with particular emphasis on the automotive industry.
 Plans for TRAX were announced here today at Cable '93, the annual conference of the National Cable Television Association.
 Robert C. "Bob" Tullius is chairman and acting CEO of Networks Development Corporation (NDC), the parent company of TRAX. Tullius is the owner of Group 44 Inc., a motor racing team located in Winchester, Va. Group 44 has been named one of the "Ten Best Race Teams in History" by Car and Driver magazine. Group 44 has raced on circuits from Winston Cup to CART (Indy Car) to the Camel GT Series. Tullius is one of the winningest drivers ever on the Trans-Am circuit.
 "It's time the motor racing enthusiast and people throughout the industry have a constant and complete source of current and historical information," Tullius said. "TRAX will be that source."
 "Motor racing is the number two spectator sport in America," Tullius pointed out, "and there are thousands of interesting motor sports events run every year in this country and all over the world which are never seen on television. It is our intention to make TRAX a premier cable offering for the cable system operator and for the motor racing fan."
 Tullius noted that TRAX will cover all segments of the transportation industry. "We expect to cover air races, boat races, motorcycle events, you name it. If it moves, and especially if it races, we'll have it on TRAX."
 Communications Equity Associates (CEA) has been retained by NDC as consultants and to assist in the financing of TRAX. CEA is an international investment banking firm specializing in the cable television, broadcasting and entertainment industries. CEA and its affiliated offices are located in New York, Tampa, Philadelphia, London, Munich and Prague.
 Beverly Harms, vice president of CEA, noted that the timing is right for a network like TRAX. "The next few years will see tremendous expansion in the capacity of local cable TV systems, as well as new services like direct broadcast satellites. All of these systems will need programming, particularly the programming that TRAX will offer -- programming that will immediately find a large, interested audience," Harms said.
 -0- 6/7/93
 /CONTACT: Hank Amann or Dave Coldren, Amann & Associates Public Relations, 804-288-0755, for TRAX/


CO: TRAX; Networks Development Corporation; Communications Equity
 Associates ST: California IN: ENT SU: PDT


DC-KD -- DC006 -- 5960 06/07/93 11:02 EDT
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Publication:PR Newswire
Date:Jun 7, 1993
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