UAT CORPORATION OFFERS INSURANCE AND FINANCIAL SERVICES VIA THE INTERNET

Global Media Advisors and Paul Menendez, Jr. a principal of the J.N. Kane Agency, have recently created UAT Corporation, a joint venture dedicated to the development and maintenance of an information network and series of databases, accessible via the Internet. UAT Corp. is launching two sites — www.insurance-Y2k.com and www.investment-bankers.com — providing resources for users seeking a variety of financial services and information.

Insurance-Y2k.com is designed to provide access to a range of information about planning, financing, purchasing, and selling insurance or related services. The heart of the site is an extensive database listing brokers, wholesalers, insurance companies, and consultants offering insurance services and financial advice to both corporations and consumers. The database will be able to sort brokers by country, region, state, and city. A large number of listings will be of Bermuda-based companies due to more flexible insurance regulations in that country.

Investment-bankers.com will help companies in a need of an investment banker or in search of capital. The database for this site is comprised of specialists across a range of industries such as media, utilities, finance, etc. Users can access a profile of each company or individual offering services through the site to determine the best prospects. The site is broken down by investment bankers (M&A) and venture capital / equity funds which have been raised by individuals who in most cases act as a general partner for investment purposes. The site will be launched by Summer 1998.

Both sites will also feature an online magazine. Relevant articles will be posted by UAT as well as articles contributed by industry professionals. Users will also be able to respond or ask questions and receive the answers via e-mail. Industry news such as mergers, acquisitions, and IPO’s will be posted on a weekly basis.

Users are free to contact any professionals affiliated with either web site. UAT Corp. solicits companies and consultants to participate in the information network and can host web pages and provide design services for site affiliates. UAT offers space and banner advertising and “tombstones” to site and non-site affiliates, and will soon make all databases available for purchase.

For more information, contact Richard Pino of Global Media Advisors or Paul Menendez, Jr.

Global Media Advisors (GMA) is an investment banking firm specializing in the communications industry. The J. N. Kane Agency is an insurance brokerage firm specializing in property and casualty.