FORT LAUDERDALE, Fla., Aug. 13, 2004 (PRIMEZONE) -- Gold Entertainment Group, Inc. (Pink Sheets:GEGP), a multi-level marketer and distributor of consumer DVD and video game products, announced today that its CEO, Francis Fytton, has been interviewed as a featured guest on WallStreetAudio.com, a leading provider of streamed executive interviews and investor calls for a variety of financial audiences.
Visitors to the site may listen to streamed audio of the interview, view the latest company news releases, and even receive a recent stock quote by accessing the following URL: http://www.wallstreetaudio.com/v2/quote.asp?quotes=GEGP. Free registration is required.
"Our company's core focus right now is the sale of DVD products and value packs of DVDs exclusively through the Gold Entertainment online rental program," said Fytton. "Our program is similar to the popular Netflix model, as well as to the program recently launched by Wal-Mart. However, we do not compete with these companies head-to-head; we believe that network marketing, a proven business marketing model, fits these products like a glove. Rather than advertise, we move marketing costs down the ladder while giving people the opportunity to earn a part-time or full-time income by reaching out to their neighbors and friends about the concept."
Gold Entertainment recently unveiled a new, fixed-price DVD rental program, which is available only to distributors at present. Subscribers can watch as many DVDs as they choose for a fixed fee of $20 per month, with no late fees or scheduled due dates on rented movies. The company plans to introduce the program to out-of-network customers in the near future.
Gold Entertainment rents and sells more than 10,000 DVD and video game titles through an independent network of distributors; its distributors promote the company's products, which are shipped directly to consumers.
About Gold Entertainment
Through its wholly-owned subsidiary, Quality of Life Marketing, Gold Entertainment Group, Inc. (Pink Sheets:GEGP) seeks to become a leading home entertainment sales and rental company. As part of its core business, Gold Entertainment also markets private-label ATM cards directly to MLM (multi-level marketing) companies and Internet merchants as a commission payment solution. Each ATM card has full back office functions, such as commission calculations, for MLM companies. For more information, please visit the company's web site at www.GoldEntertainment.com.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Gold Entertainment disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and changes in our business strategies.