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***For Immediate Release MNIL***
For Immediate Release
Showintel Enters Small-City Markets,
El Dorado, Arkansas, First Location
MEMPHIS, Tennessee (November 27, 2001) -- Showintel Networks,
Inc./MULTINET INTL CORP INC/, (Symbol: OTC BB MNIL), will begin installation
of its first small-city, online system for movie theater customers to
purchase current entertainment products before the end of the year in El
Dorado, Arkansas.
The unit will be in the lobby of the city’s Stars Cinema, a member of the
statewide Stars Cinema chain. El Dorado is in the south central part of
Arkansas and serves a geographic area comprised of six Arkansas counties and
two Louisiana parishes, with a total population in excess of 200,000.
“The ability to service the smaller chains in small markets with the
identical application we are deploying in larger chains proves the usefulness
of our services to all theater markets,” said David V. Lott, president and
CEO of Showintel Networks. “We are excited to be able to reach to the
smaller operators and assist them with a customer pleasing way to generate
additional revenues.”
Showintel Networks, Inc. headquartered in Tennessee, utilizes video on demand
technology to provide interactive entertainment and advertising on demand.
Showintel increases consumption of entertainment by creating a system that
interacts with the “entertainment life-cycle”. Combining theater-based
advertising, innovative loyalty programs, video-on-demand (VOD) access to
pay-per-view (PPV) and subscription services, Showintel can increase loyalty
and revenue to a chain of theaters, increase purchases of ancillary products
(soundtracks, DVD’s, videos, merchandise) and create a pinpoint targeted
direct marketing connection with entertainment consumers to stimulate rentals
and PPV, Lott said.
In addition, some of the infrastructure investment to complete the system can
generate incremental revenue through strategic relationships with local ISP
and wireless network operators. Additional information is available at
www.showintelnetworks.com.
This release includes projections of future results and “forward-looking
statements” as that term is defined in Section 27A of the Securities Act of
1933 as amended (the “Securities Act”), and Section 21E of the Securities
Exchange Act of 1934 as amended (the “Exchange Act”). All statements that are
included in this release, other than statements of historical fact, are
forward-looking statements.
Although management believes that the expectations reflected in these
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Important factors that could
cause actual results to differ materially from the expectations are disclosed
in this release, including, without limitation, in conjunction with those
forward-looking statements contained in this release.
Acomplete corporate profile is available at www.Hotticker.com
Wall Street Web Inc.(Hotticker.com) is an independent research firm. This
report contains forward-looking statements. Past performance does not
guarantee future results. This report is based WSW independent analysis, and
may, or may not be the opinion of Wall Street Web Inc.,(Hotticker.com), but
relies on information supplied believed to be reasonable. WSW has been
retained by Showintel Networks, Inc., and has received 350,000 restricted
shares of stock. WSW, Inc and/or individuals thereof may have positions in
securities referred to herin and may make purchases or sales at any time. The
information contained in this report is for information purposes only and
should not be construed as an offer or solicitation to buy or sell any
security. Investors should consult with an investment professional before
investing any monies. Copyright 2001 WSW Inc. All Rights Reserved.
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