ORLANDO, Fla., April 12, 2005 (PRIMEZONE) -- Satellite Phone Source, Inc. (Pink Sheets:SPHI) announces that Mark Astrom has been appointed President and has changed the name of the corporation to Vision Works Media Group, Inc. and a new symbol has been assigned to the trading company, Vision Works Media Group, Inc. (Pink Sheets:VWMG).
Vision Works Media Group, Inc. has its office, film and production studio in Orlando, Florida. The address is 57 West Pine St., Orlando, Florida 32801. The office is 4,100 sq. ft. and will serve the company as corporate offices. The location is one block from Church Street Station, a downtown Orlando tourist attraction, and picturesque site for filming.
The Vision Works Media Group, Inc. has been redomiciled in Delaware. Mr. Astrom further announced that there would be no reverse split.
Mr. Astrom stated, "The company intends to grow rapidly through mergers and acquisitions of other media components which will benefit both shareholders and the bottom line of the company."
The mission of Vision Works Media Group, Inc. is to expose the works of independent filmmakers and artists' to the greatest number of viewers by taking New Screen TV to additional pay-TV distributors -- cable TV.
FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to mange growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.