SOURCE: Market Pulse

April 12, 2005 08:30 ET

Market Pulse Breaking News Alert for Tuesday, April 12, 2005: SCNWF -- Stream Communications Announcement of Closing of Private Placement!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA -- (MARKET WIRE) -- April 12, 2005 -- Market Pulse News Alert for this AM, Stocks to Watch are: Stream Communications Network & Media, Inc. (OTC BB: SCNWF), Microsoft Corp. (NASDAQ: MSFT), Dell Inc. (NASDAQ: DELL), and MCI Inc. (NASDAQ: MCIP).

Investors need to be watching Stream Communications Network & Media, Inc. (OTC BB: SCNWF) this AM! SCNWF, after only five years, has grown into the 9th largest cable provider in Poland, and the fastest growing cable telecommunications company in Central Europe. With annualized revenues of US$4.2 million at 2004 year end, a positive operating cash flow, five years of consistent growth and a highly experienced management team, SCNWF is optimally poised for its next phase of growth. SCNWF had excellent news out in a press release before today's opening bell announcing the closing of their private placement! This could be great news for investors!

The Board of Directors of Stream Communications Network and Media Inc., (OTC BB: SCNWF) is pleased to report the private placement announced February 3, 2005, of 1,500,000 units at a price of $0.75 USD per unit is now complete.

About Stream

Stream is a broadband cable company and offers Cable TV, high-speed Internet and VoIP services in Poland. With 55,000 subscribers currently, Stream is one of the principal consolidators of the cable TV sector and is a leading Cable TV operator and Internet provider in the densely populated markets of Southern Poland. Established in 2000, Stream has offices in Krakow and Vancouver. Stocks acting well as of late include: Microsoft Corp. (NASDAQ: MSFT), Dell Inc. (NASDAQ: DELL), and MCI Inc. (NASDAQ: MCIP).

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