LOS ANGELES, Oct. 6, 2005 (PRIMEZONE) -- Fidelitas Management, Inc. (Pink Sheets:FDLM), announced today that it has signed a binding Definitive Merger Agreement with Archer Entertainment Media Communications Incorporated and that the new entity will formally assume the Archer name. The companies will immediately proceed to close the merger.
California-based Archer Entertainment Media Communications Inc. intends to capitalize on its relationships and strategic partnerships as the digital entertainment industry gets underway in China, India and Southeast Asia. Archer expects to make further announcements regarding the company's vision and mission in the coming days.