Listing Complements MediaX's Global Expansion Plan

7.09.1999, 11:46

Culver City, California, September 7 (PROTEXT) - MediaXCorporation (OTC Bulletin Board: MXMX), the award-winningdeveloper of new media content for entertainment companies, theInternet and interactive satellite channels, today announced ithas received approval for listing on the Third Market Segment OfThe Frankfurt Stock Exchange and will be embarking on its firstmajor European Investor Relations program. The company's sharesare slatedto start trading today under the symbol ''XMX'' and Germansecurities code (Wertpapierkennummer) 918 444. The GenevaGroup/TeamWork Kommunikations GmbH facilitated the Europeanlisting and will also provide the European investorrelations services to the Company.

Rainer Poertner, chairman of MediaX, said, ''I believe thetiming for the Frankfurt listing coupled with the investorrelations program in Europe is an opportunity to boost our statusas a true global player. Being on the German exchange is part ofour company's overall international strategy to attract Europeanmedia interest and to take advantage of the synergisticopportunities in a changing global environment. The company plansto introduce its content directly into this investment communityvia a road show in Germany in the near future.'' Other companiesthat have listed on German Stock Exchanges include Amazon.com,AOL, Dell, Yahoo, U.S. Wireless Corp., Sun Microsystems, Ebay andAT&T.

The Geneva Group. & TeamWork Kommunikations GmbH, aU.S./German- based investor relations firm, concentrates onemerging growth situations and companies with outstandingtechnologies in IT-solutions, software, biotech, Internet andentertainment related businesses. Michael Bardaky, president ofGeneva/TeamWork commented, ''MediaX is at the forefront of theInternet's revolutionary turn toward content and enjoys havingparticularly impressive strategic alliances with giants like:Microsoft, RealNetworks, Broadcast.com, MP3, AOL, EchoStar andWeb-TV.'' The company's key strategy is the convergence of highquality, proven entertainment models with merchandising, e-commerce, and broadband/satellite broadcasting systems.

The MediaX team has created award-winning Internetentertainment sites (hubs); and established amuZnet.com, anentertainment destination site and retail portal, with over300,000 different titles of music, video and DVD. The companycontinues to attract and forge relationships with: AOL,Broadcast.Com, EchoStar, Infoseek, Liquid Audio, MTV, Microsoft,RealNetworks, VH1, Yahoo! and others. In addition, MediaX isinitiating an aggressive acquisition strategy to complement itsexisting core business.:: About MediaX NetworksFounded in 1996, MediaX Corporation (www.mediax.com) is an award-winning developer of new media content for the Internet,entertainment companies and interactive satellite channels.MediaX's network of entertainment-based web sites includehttp://www.rodstewartlive.com, http://www.jbirdrecords.com,http://www.Divinemusik.com, http://www.EYCLive.com and itshttp://www.amuZnet.com serves as an entertainment/e-commerce website with more than 300,000 CD's, DVD's and home videos. Thecompany recently entered into an agreement with the EchoStarinteractive satellite system to broadcast amuZnet.com into morethan 2.8 million homes.:: About The Geneva Group/TeamWorkThe Geneva Group, Inc and TeamWork Kommunications Gmbh is aU.S./German-based investment banking and investor relations firmthat has been offering its clients a wide range of financialservices and IR strategies exclusively in Europe. With offices inMiami, Florida USA and Hamburg Germany, The Geneva Groupimplements global strategies, supportive activities, and tailormade investor relation programs to give newly listedcompanies the same corporate image and support as in the USmarkets.This press release contains forward-looking statements. The words''estimate'', ''possible'' and ''seeking'' and similarexpressions identify forward-looking statements, which speak onlyas to the date of the statement was made. The Company undertakesno obligation to publicly update or revise any forward-lookingstatements, whether because of new information, futureevents or otherwise. Forward-looking statements are inherentlysubject to risks and uncertainties, some of which cannot bepredicted, or quantified. Future events and actual results coulddiffer materially from those set forth in, contemplated by, orunderlying the forward-looking statements. The risksand uncertainties to which forward-looking statements are subjectinclude, but are not limited to, the effect of governmentregulation, competition and other material risks.For more information, contact Wayne Thomsen, VPMedia/Communications of Liviakis Financial Communications, Inc,+1 916-448-6084, or wtf@lfcnet.com, for MediaX Corporation; orRainer Poertner, Chairman of MediaX Corporation,+1 310-815-8992, or poertner@msn.com; or Michael K. Bardaky,President, +1 305-377-0032, or European Office, Sven Joesting,Managing Director, +49-40-35-71-26-02, orteamwork.com@poweronline.net, both of The GenevaGroup/TeamWork.:: RECENT EVENTSJuly 14, 1999 -- MediaX partnered with Paul McCartney and MPLCommunications announced the launch of the second phase of thePaul McCartney ''Band On The Run'' Internet campaign which beganJune 22, 1999. As part of the arrangement, MediaX will design,produce and oversee all on and off-line activities related to theevent, which will be housed on MediaX's amuZnet.com. Thecampaign, aptly named ''Fans On the Run,'' is planned tocontinue throughout the summer months and is being done incoordination with the release of the special Silver AnniversaryEdition of Band On The Run the hit #1 on the Billboard CatalogueChart upon its release this past March.June 11, 1999 -- MediaX announced today the launch of streamingmedia and downloadable content using Microsoft's (Nasdaq: MSFT)Windows Media Technologies. The use of the Microsoft Technologiesaudio codec (code named MS Audio) and Rights Manager technologywill significantly improve the audio quality of downloadable andstreamed media available on all MediaX sites.The alliance also provides MediaX placement on Microsoft Corp.'shighly trafficked WindowsMedia.com page to promote MediaX webrelated events and promotions.April 29, 1999 -- MediaX announced it has signed an agreementwith Adsmart, an online advertising network comprised of morethan 200 Web sites, to sell advertising on MediaX's network ofentertainment and e-commerce based Web sites. A majority-ownedsubsidiary of CMG Info Svc (Nasdaq: CMGI), Adsmartwill be the exclusive sales force for all MediaX Corporationholdings, including its MediaX entertainment network (launchingfall of 1999 -- EchoStar) and e-commerce Web site amuZnet.com.,with effective marketing opportunities designed to create a newadvertising revenue stream.April 19, 1999 -- MediaX and EchoStar (Nasdaq: DISH) announced aninteractive television broadcast agreement. This broadbandinteractive satellite channel -- scheduled to debut winter 1999 -- will deliver programming and online purchasing from MediaX'swide spectrum of entertainment interests, 24 hours a day. Contentis delivered to both PC's and TV sets. Simultaneously, onlinepurchases are seamlessly linked to MediaX's amuZnet.com,accessible by a click of the mouse and/or TV remote control.The agreement also provides revenue generators for MediaX throughsharing in EchoStar's 2.8 million subscriber base andadvertising.Contact: Wayne Thomsen, VP Media/Communications of LiviakisFinancial Communications, Inc, +1 916-448-6084, orwtf@lfcnet.com, for MediaX Corporation; or Rainer Poertner,Chairman of MediaX Corporation, +1 310-815-8992, orpoertner@msn.com; or Michael K. Bardaky, President, +1305-377-0032, or European Office, Sven Joesting, ManagingDirector, +49-40-35-71-26-02, or teamwork.com@poweronline.net,both of The Geneva Group/TeamWork/

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