Jones Naughton Announces the Hiring of Veteran Hotel Executive as New
President of COMMUNITY MARQUEE; New Test Internet Kiosk Scheduled to Ship to
Travelodge in Macon, Georgia
(Business Wire; 04/08/99)
LOS ANGELES (April 8) BUSINESS WIRE -April 8, 1999--
Former Days Inn Vice President of Franchise Operations, James F. Cannon,
On Board To Spearhead Accelerated
Kiosk Roll-out To National Hotel Chains
Joseph Naughton, Chairman of Jones Naughton Entertainment, Inc. (OTC BB: JNNE -
news) announced today that James F. Cannon of Atlanta, Georgia has been hired
as the new president of the COMMUNITY MARQUEE Division.
Mr. Cannon has over thirty years of experience in the hospitality, lodging and
food and beverage industry. A graduate of Cornell University with a Bachelor's
of Science degree in Business and Food Technology, Mr. Cannon brings to Jones
Naughton stellar credentials in the hotel chain industry. He is an eleven-year
veteran of the Days Inn organization, serving as Vice President of Franchise
Mr. Cannon's past experience includes senior level executive positions with
Columbia Sussex Corporation, Inc. (a Holiday Inn Franchise Group), Econolodge
(Choice Hotels International, Inc. (NYSE: CHH)) and Country Hearth Inns (a
division of BuckHead America, Inc., (NASDAQ: BUCK)). Mr. Cannon's extensive
network of contacts in the national hotel industry will be an invaluable asset
in maximizing the roll-out of the Internet kiosk business.
"We are very pleased to have an industry professional of Jim's caliber joining
Jones Naughton," stated Joseph Naughton, Chairman, Jones Naughton
Entertainment. "His enthusiastic support of the Internet kiosk concept should
provide a significant endorsement of the future potential of the COMMUNITY
MARQUEE business model," concluded Mr. Naughton.
"The timing is perfect for the Internet kiosk business," stated Mr. Cannon.
"The national hotel chains that are catering to business travelers and family
vacationers are extremely receptive to the internet kiosk concept. Adding
advertising revenue on top of the usage fees should make each unit extremely
profitable early on," concluded Mr. Cannon.
Mr. Cannon announced the COMMUNITY MARQUEE's new Beta Test Internet kiosk will
be installed at the TRAVELODGE in Macon, GA by the end of the month. Gary
Cross, CEO of Cross Country Ventures, Inc. has enthusiastically endorsed the
placement of the kiosk and Jones Naughton looks forward to successfully working
with the Travelodge Hotel Group.
In related developments, Jones Naughton announced that it has filed a
Supplemental Complaint with the San Bernardino County Court adding additional
allegations against Amerinet Financial Systems, Inc. These new claims are based
upon Amerinet's recent shareholder's meeting which authorized new shares to be
issued and a merger of Amerinet into a wholly-owned subsidiary of a newly
formed Delaware Corporation; actions which Jones Naughton believes are
extremely detrimental to shareholder value. The management of Jones Naughton
intends to aggressively pursue these claims to compensate Jones Naughton for
the economic harm incurred as the result of the actions of Amerinet and its
ABOUT THE COMPANY
Jones Naughton Entertainment, Inc. is an information technology concern
focused on combining traditional marketing methods with the latest advancements
in Internet technology. Through its COMMUNITY MARQUEE Division, Jones Naughton
provides interactive Internet, advertising and media buying services to a
growing number of clients across the country.
Jones Naughton has also begun installing Internet kiosks in various hotels and
is aggressively pursuing kiosk agreements with a number of national hotel
Jones Naughton recently acquired GoOn-line.com, a Chico, California-based
Internet company specializing in the production of streaming video infomercials
over the Internet. GoOn-line.com offers Internet products and services to
consumers via E-commerce solutions available on the World Wide Web. GoOn-
line.com is in the late stages of developing a virtual shopping mall Web site
that will feature products that have traditionally only been available from
infomercial companies advertising on broadcast television.
This press release contains forward-looking statements made pursuant to the
safe harbor provisions of the Private Securities Litigation Act of 1995.
Expression of future goals and similar expressions reflecting something other
that historical fact involve risks and uncertainties. The actual results the
company achieves may differ materially from any forward-looking statements due
to such risks and uncertainties.