DALLAS, Texas, Aug. 26, 2004 (PRIMEZONE) -- In our recent TalkingStocks.com interview with Robert Goddard, the President and CEO of Magic Lantern Group, Inc. (AMEX:GML), we had the opportunity to ask him about the company as a whole, recent issued news company has put out and the outlook for the year ahead.
That interview can be heard at: http://www.talkingstocks.com, and is also linked at http://www.stockguru.com.
We have issued a rating of "Attractive" on Magic Lantern Group, Inc., and we consider it a compelling investment opportunity at current levels.
About Magic Lantern Group, Inc.
Magic Lantern Group, Inc. is a leading, global distributor of learning videos serving more than 10,000 schools, libraries and social agencies in North American and international markets. With 40,000 programs from 300 world- renowned producers including Disney Educational Media, Schlessinger, Annenberg/CPB, Cerebellum Corporation, monterey media and CTV Television. The Company's educational products include: Magic Lantern InSite(TM), a digital streaming video product for schools, libraries and universities and TutorBuddy(TM), an at-home e-learning product for students and teachers.
Leveraging its position as one of the most highly respected brands in video educational delivery, the Company is pursuing multiple sales verticals to maximize total revenues. Magic Lantern Group operates three complementary subsidiaries: Magic Lantern Communications, a global distributor of video content to schools, universities and libraries; Magic Vision Digital Media, an emerging provider of on-demand health, sports and business digitized content; and Sonoptic Technologies, a leading provider of online, next-generation technology solutions. For more information, visit the Company's websites http://www.magiclanterngroup.com and http://www.mv-dm.com.
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Disclosure: StockGuru.com has been compensated 13,000 restricted shares for Profile coverage.
Forward-Looking Statements
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.