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Technology Stocks : Zeros and Ones (ZOZO) - Affiliated with MSFT, SUNW, AMZN..

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To: Carlson_at_RB who wrote (57)8/20/1999 10:50:00 AM
From: Investor Communications Co   of 79
Zeros & Ones, Inc. to Take Part in Historic Singapore Technology Trade Mission

Convergent Media Company to Help Forge Business Alliances With Asian Nation

LOS ANGELES--(BUSINESS WIRE)--Aug. 20, 1999--Zeros & Ones, Inc. (OTC BB:ZOZO) President Steve Schklair announced today that the convergent media company is one of eight U.S. firms participating in a ten-day trade mission from August 20-29 to assist in Singapore's efforts to connect every household and business in the nation to the Internet by the end of next year. Called ``IT Mission '99,' the delegation of U.S. Internet content companies is being led by the Singapore American Business Association (SABA) of Southern California, a non-profit association established at the request of Singapore's former Ambassador to the United States to create stronger trade ties between the two countries.

``We are extremely excited to have Zeros & Ones participating in this project, because it represents the cutting edge in the convergence of e-commerce and other Internet-related technologies,' stated Ken August, an international business attorney who is director and vice president. of SABA Southern California. ``The background and experience that Mr. Schklair brings to the trip fully complements the other delegates and will assist Singapore in its goal of becoming a regional Internet hub for Asia in the coming century.'

The delegation will meet with U.S. and Singapore government agencies, as well as with capital companies, as part of the first trade mission of its kind ever sponsored by the Southern California SABA.

According to Mr. August, Singapore's Internet grid is being rapidly completed, yet the nation is short on content and content providers for the service.

Therefore, the U.S. team will address issues of content creation and delivery, along with helping to establish plans for vertical portals for the Web. Each company in the delegation will have an opportunity to present its products and services to an audience of Singapore government officials, business owners and technology leaders.

Also representing Zeros & Ones on the trip will be financial advisor Alan Stone, managing director of Los Angeles-based Alan Stone and Company LLC ( who will help structure any company financial arrangements which may arise as a result of the mission.

``We're pleased to be part of the Zeros & Ones team seeking joint ventures, product deals, strategic alliances with the leading technology companies in Singapore, as well as potential financing,' Mr. Stone said, ``and are excited about potential opportunities for great success.'

Zeros & Ones ( is the definitive global source for products and services geared to the convergence of the Web, interactive and digital TV, electronic games and emerging entertainment platforms. Founded in 1994 and based in Los Angeles, the company is focused on content development and technical consulting services and applications. Zeros & Ones generates revenues by developing industry-shaping Web environments, providing direct-to-consumer retailing solutions, and developing technologies for integration into software and hardware products.

This news release contains forward-looking statements, including but not limited to, those that refer to the company's plans for future exchange listings, or future development plans or operating results that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties.

Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services by the company; lack of market acceptance of products, services and technologies; inadequate capital; adverse government regulations; competition; lack of operating experience; inability to earn revenue or profits; dependence on certain individuals; inability to obtain or protect intellectual property rights; risks associated with customer concentration; inability to obtain NASDAQ Small Cap Market or any other listing for the company's securities; lower sales and higher operating cost than expected; technological obsolescence of the company's products; limited operating history and risks inherent in the entertainment, telecommunications and Internet markets and business.

Zeros & Ones, Inc. trades on the OTC Electronic Bulletin Board under the symbol ``ZOZO'.


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Les Luchter
(212) 689-6360
Investor Communications Company
Mark Elenowitz
(301) 947-8010
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