VANCOUVER, British Columbia, March 23, 2004 (PRIMEZONE) -- Cinema Internet Networks Inc. (TSX Venture Exchange:CWK) (d.b.a. "CinemaWorks"), a provider of Internet equipment and services to the hospitality industry, is expanding outside of North America for the first time. The Company will install four business class and family resort hotels located in the Bahamas.
The hotel properties are located in Freeport and Paradise Island and are the:
Holiday Inn, Nassau with 183 guestrooms / 5 conference areas. Holiday Inn, SunSpree Resort, Paradise Island, Nassau with 254 guestrooms / 1 conference area. www.paradiseislandbahama.com Crowne Plaza Golf Resort & Casino, Grand Bahamas Island with 400 guestrooms / 3 conference areas. www.theroyaloasis.com SunSpree Resort, Grand Bahama Island with 569 guestrooms / 3 conference areas.
The new additions represent over 1,400 guestrooms including a major casino to the Company's portfolio of customers. In addition, the Company expects to begin deployment of voice-over-Internet (VoIP) technology in these hotels.
"CinemaWorks is thrilled to expand its services to the Bahamas," said Bill Massey, President of CinemaWorks. "This will also enable CinemaWorks and our strategic partner, Vista Online Inc., to work for the first time together outside North America in providing VoIP technology that complements and enhances CinemaWorks' standard high-speed data services package. CinemaWorks is pleased to also report that, as a part of its hotel agreements, the Company will participate in a revenue sharing arrangement for Internet and VOIP services. These hotels cater to a mix of vacation and business clientele who require and appreciate the use of our High Speed Internet Service to stay in contact with their offices and families."
Cinema Internet Networks Inc. (d.b.a. CinemaWorks) is a public company incorporated in Canada that provides high-speed Internet services to over 15,000 hotels rooms in its network of 50 hotels throughout North America. The Company focuses its business strategy in the three main areas of: 1) value-added high-speed (broadband) Internet equipment and services; 2) wireless broadband Internet services; and 3) VoIP technology and support services.
For information on the company call Mr. Bill Massey at 1-604-602-1280, or visit our website for a list of Company's High Speed Internet installations at over 50 fine hotel establishments at www.cinemaworks.com
On behalf of the Board
"Bill Massey"
President & Director
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