OVIEDO, Fla., Sept. 8, 2010 (GLOBE NEWSWIRE) -- Emerging Media Holdings Inc. (OTCBB:EMDH), the U.S. parent company of three Moldova-based subsidiaries engaged in radio and television broadcasting and related advertising sales activities, today announced that the number of international companies placing TV advertising through its 50%-owned subsidiary Alkasar Media Services increased by 100% to a current total of 26 companies, significantly increasing its client base in this segment.
New clients that recently signed annual budget contracts with Alkasar include Reckitt Benckiser, Henkel, Nestle, Unilever, Danone and Benneton.
"We have achieved an international milestone that is critical for the success of our current marketing initiative and we intend to sustain and grow our media presence throughout Eastern Europe as we continue our push to become a dominant player in the Television & Media Advertising sector," said Iurie Bordian, CEO of Emerging Media Holdings, Inc.
Alkasar, which has an affiliate relationship with JSC Gazprom-Media, accounted for 30% of Emerging Media Holdings total revenue for the first six months of 2010, a significant jump from 10% for all of 2009. Alkasar Media anticipates continued substantial growth in this key segment for the year 2011.
About Emerging Media Holdings Inc.
Emerging Media Holdings Inc. is the U.S. parent company of three Moldova-based subsidiaries engaged in radio and television broadcasting and related advertising sales activities. Its 100%-owned subsidiary Analytic Media Group is a market-leading television broadcaster and content creator in the Republic of Moldova, an Eastern European country located between Romania to the west and Ukraine to the north, east and south. Visit the company on the Web at http://www.emergingmediaholdings.com/.
About Our Forward-Looking Statements
Certain statements contained in this press release, including, without limitation, statements containing the words "believes", "anticipates", "expects" and words of similar import, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in our forward-looking statements as a result of a number of factors, including our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel; changes in our business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions. Except as required by applicable law, we undertake no obligation to revise or update any of our forward-looking statements in order to reflect any event or circumstance that may arise after the date hereof.