TORONTO, May 18, 2005 (PRIMEZONE) -- Sparrowtech Multimedia Corporation ("Sparrowtech") (Pink Sheets:SPMC) is pleased to announce the launch of its new corporate online presence at www.sparrowtech.net.
"This is Sparrowtech's first significant step towards the ultimate leap in providing progressive technological networking and distribution opportunities in the hospitality, foodservice and tourism sectors," commented Sparrowtech President Cornelia Volino. "It is only the beginning of an exciting discovery for all culinarians - professional and domestic."
Sparrowtech retained Merge, Inc., one of Canada's leading web application development firms, to re-format and re-launch the company's corporate online presence into a content management-based portal that will allow for timely information to be communicated to its shareholders and the general public.
"Merge shares Sparrowtech's vision to establish progressive solutions and bring measurable value to its' customers," stated Merge President Ian Ross. "This relationship will allow both companies to implement their technological leadership vision through Sparrowtech's unique and dynamic Internet portal application."
Sparrowtech is positioning itself to introduce the foremost and innovative brand networking application specifically designed for food service, hospitality and tourism professionals and domestic culinarians.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties including but not limited to: competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results that Sparrowtech may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.