RICHARDSON, Texas, Aug. 16, 2005 (PRIMEZONE) -- Things are going to get really funky in Dallas. DiscLive, Inc., the live recording unit of Immediatek, Inc. (OTCBB:ITEK) and the leader in the space of recording live events and providing immediate CDs to fans, today announced that it is fulfilling its goal of taking its technology to the next level with the introduction of live DVDs available immediately after the concert for an upcoming event featuring an appearance by Rock and Roll Hall of Fame inductee George Clinton.
On August 25, the Grandmaster of Funk will perform as a special guest of The All Funk Radio Show at a concert to be held at d'Jango on the Parkway, an upscale and innovative venue located in prestigious North Dallas. The concert will be filmed and edited on-the-fly, and the mastered DVD content will be duplicated and made available immediately afterwards for eager fans. The limited edition collectible DVDs are free with each ticket purchased and are being sold as a separate product on DiscLive's website (www.disclive.com). The first DVDs are expected to be in the hands of fans within 15-20 minutes after the last note.
The concert and live DVD sales will benefit the Texas Music Project, a nonprofit organization working to help restore music education in Texas public schools. So far, the organization projects its grants will benefit 700,000 Texas students.
"We are thrilled that DiscLive, d'Jango and especially George Clinton recognize schools and children need help providing music education to children," said Bruce Orr, co-founder of the Texas Music Project. "Music has proven to reduce drop out rates, help improve learning in math, improve cultural understanding and tolerance and more. With all the well publicized problems in schools how can we afford not to have music as a core element?"
Clinton is an outspoken proponent of public education, and music education is something that he holds dear to his heart.
Tickets and DVDs are available on DiscLive's website, www.disclive.com, and on d'Jango's website, www.djangoontheparkway.com, and also at the d'Jango box office by calling 972.789.1700.
About DiscLive
DiscLive is the pioneer in the quickly growing market of live discs made available immediately after a live event. The company is expanding its business rapidly as the live disc and media phenomena continue to grow. The company has completed tours from Vermont to California as well as in Canada and the United Kingdom, with its state-of-the-art mobile recording and production facilities (MRDF(TM)) that can produce 1,000 high quality CDs in less than 20 minutes, and is now introducing DVD products. The Dallas-based company is headed by musician and entrepreneur Zach Bair, CEO, who is also CEO and founder of the parent company Immediatek, Inc. (OTCBB:ITEK). A May 2, 2004 headline in The New York Times dubbed the DiscLive offer of legal, high-quality CDs made available immediately after the concert as "Rock's Best New Souvenir."
For more information, visit www.disclive.com and www.immediatek.com.
Safe Harbor Statement: This press release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks, uncertainties and other factors, including but not limited to, changes in the retail market place, changes in underwriting results affected by economic conditions and other factors described from time to time in the Company's Securities and Exchange Commission filings, including the Company's Annual Report on Form 10KSB for the year ended December 31, 2004. All forward-looking statements made in this press release are based on information presently available to management of the Company. The Company assumes no obligation to update any forward-looking statements.
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