ANN ARBOR, Mich., Aug. 9, 2004 (PRIMEZONE) -- Legend Studios Inc., a subsidiary of Legend Mobile Inc. (OTCBB:LGMB) today announced that is has opened a corporate web site (www.legendstudios.tv).
"We are very pleased with having assembled our radio group in less that six months and did so without issuing a single share of Legend Mobile stock for these transactions. We believe that we have a foundation in place for not only growing the revenue of the stations but acquiring more stations in the months ahead," said Peter Klamka, President of Legend Studios Inc.
In addition to having strong ties to the local communities, the programming includes ESPN, Donald Trump, Paul Harvey, Bill O'Rilley, Michael Savage, Alan Colmes, and various professional sports of regional interest.
Legend Studios Inc. is a media company whose business is devoted to acquiring, development and operating broadcast properties.
About Legend Mobile
In addition to operating its radio subsidiary, Legend Mobile develops and markets accessories and services for mobile phones. It currently operates Racemobile.com which provides a subscription-based text messaging service targeted at the millions of stock car racing fans. Through its subsidiary Legend Credit Inc, it develops and markets stored value cards including branded MasterCard cards in association with Bankfirst.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.