SAN DIEGO, Dec. 14, 2004 (PRIMEZONE) -- Agent155 Media Group, Inc. (Pink Sheets:AGMG), A Multi-Media provider of web-based content and media exposure for performers, models, filmmakers, athletes artists and agencies, today announced the acquisition of Agent155, Inc. and its Agent155.com Internet portal.
Christopher Martinez, CEO of Agent155 Media Group commented, "This acquisition represents the culmination of over 5 years of work. We set out to build a website that enabled talent as well as the athletic world, to manage, store and stream their content, using an easy, high-quality, low-cost solution. In essence, we have provided the creative world with tools that make marketing talent easy and immediate."
Agent155 Media Group Inc. is based in San Diego where its' web site (Agent155.com) and related services are produced for worldwide distribution. The company offers an affordable, high-quality online presence for the global artistic and athletic communities through Agent155.com.
Agent155.com provides models, performers, artists, athletes, musicians, filmmakers and agencies a multi-media content management solution, creating and enabling a collaborative forum to network and develop. Agent155.com provides talent agencies, agents, producers, directors, and recording companies a one-stop location to search listen and view the media profiles and work of emerging talent.
"We believe we have a unique, and more importantly, powerful means of acquiring and distributing fresh, undiscovered talent and content," added Martinez. "However, the true power of Agent155.com is in giving back control, or rather never taking it away to begin with. Talent in this country and abroad are often lured into seemingly lucrative contracts with major producers, labels, etc. In reality, those `lucrative' contracts, more often than not, enrich everyone but the talent. Agent155 Media Group has emerged to give talent an alternative channel to bring their work to the world."
Agent155 Media Group Inc. will also re-distribute member content through traditional media channels like TV, radio, film and print. Agent155 Media Group Inc. will produce films, music tours, commercials, and various events using talent exclusively from Agent155.com, furthering exposure and distribution of undiscovered talent.
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Agent155 Media Group, Inc. to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Agent155 Media Group, Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when promised, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.