TORONTO, May 24, 2005 (PRIMEZONE) -- Sparrowtech Multimedia Corporation (Pink Sheets:SPMC), "Sparrowtech" announced today that its company information would be made available via Standard & Poor's Corporation Records Listing Program. As part of the program, a full description of Sparrowtech will be published in the Daily News Section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 37 states under the Blue Sky Laws. Standard Corporation Records is available in print, CD-ROM, and via the Web at www.netadvantage.com, as well as through numerous electronic vendors.
The company information about Sparrowtech made available through this program includes an in-depth description of Sparrowtech's business operations, share price, shares outstanding, company financial position, earnings, and full income statement and balance sheet.
About Sparrowtech
Currently, Sparrowtech is in the design and development phase of an exciting new hospitality and tourism magazine, an online service and a television series, produced to showcase and premier insights into the hospitality and tourism industry while featuring key distributors, products and services aligned with its online presence.
Company information distributed through the Corporation Records Program is based upon information that Standard & Poor's considers to be reliable, but neither Standard & Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties including but not limited to: competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results that Sparrowtech may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.