GOLDEN Colo., April 29, 2005 (PRIMEZONE) -- HumWare Media Corporation, (Pink Sheets:HMWM) today announced its wholly owned subsidiary HumWare Media Franchise Corporation is celebrating a major milestone with the launch of franchise sales of its publication Fantasy Sports Reporter.
"This announcement marks the beginning of HumWare's expansion into becoming a major national franchise operation," commented John Huemoeller II, CEO of HumWare Media Corporation. "We believe that our planned national franchise development of the Fantasy Sports Reporter brand offers both potential franchisees and the Company tremendous opportunity."
Humware Media Franchise Corporation plans to sell franchises into all major U.S markets and to open 47 franchise locations in the next 18 months. We offer franchisees the ability to secure the exclusive rights to publish, market and sell advertising within what we call the Local Section of the magazine. Franchisees are also given rights to market HumWare's portfolio of private labeled fantasy games and promotional software.
Fantasy Sports Reporter, launching this fall is a bi-monthly publications and distributed through a controlled circulation method. The magazine is comprised of both national and local editorial. The national section is commonly the first 64 pages of all editions of the magazine, and contains articles and features, which are prepared and written from a national perspective by our editorial staff. The local franchisee or "Associate Publisher" contributes local editorial and derives income from the sale of advertising to local or regional businesses that wish to reach the targeted audience and readership.
About HumWare Media Corporation
HumWare Media Corporation (Pink Sheets:HMWM) has diversified operations that develop and deliver unique and highly integrated print, Internet and software advertising/promotional solutions. The Company creates products for sports, education and health care markets. Its distribution channels include franchising, direct sales to businesses, retail, online and through affiliates and independent distributors. The Company is pursuing a strategy of growth through acquisition of complimentary companies to create synergies and exploit traditional and emerging distribution channels.
Corporate Headquarters are located at 78 Rogers CT. Golden, CO 80401. For more information contact John Huemoeller at 303-273-9446 or visit the web site at www.humware.com
Safe Harbor Statement
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and factors that are subject to uncertainties, risk and other influences, which are outside the Company's control, and may yield results differing materially from those anticipated.
This franchise is not being offered to residents of the following states: CA, CT, HI, IL, MD, MI, MN, NY, ND, RI, SD, UT, VA, WA and WI. This communication is not directed to any person in the states listed above by or on behalf of the franchisor or anyone acting with the franchisor's knowledge. No franchises can be offered or sold in the states listed above until the offering has been registered and declared effective by the appropriate regulatory authority. No franchises can be offered or sold in any state unless the UFOC has been delivered to the offeree before the sale within the applicable time frame. This franchise is offered only by delivery of a franchise offering circular.