BAY CITY, Mich. and TORONTO, July 18, 2005 (PRIMEZONE) -- RMD Entertainment Inc., a wholly owned subsidiary of Sciax Corp. (Pink Sheets:SCXC), announced today that it has reached an agreement in principle with the Pickwick Group of London England. Pickwick Group, a major player in music and DVD distribution, will manufacture, promote and distribute RMD's music catalogue exclusively in the European Market to complement the North American distribution agreement with Bungalo Records and Universal Music Group.
"The negotiations on this deal went extremely well. We expect to review the contract with our legal team this week and sign the final agreement," said Giorgio Costonis, the President and CEO of Sciax and its subsidiary RMD Entertainment. "Our distribution agreements will now span the Atlantic. These deals give us access to the largest consumer outlets in North America and Europe. In addition, we have an international presence in all digital music hubs with deals in place with world class companies such as Apple's 'I-Tunes and Sony Connect'."
Release dates are expected to begin in January, 2006. Final release dates and promotion schedules are expected to be announced to the public in August, 2005.
About Sciax
RMD Entertainment Inc. Division
RMD has experienced good success on the international level with its dance hits and productions involving a variety of styles by many well-known artists. RMD has produced a wide variety of music including Hip-Hop,Pop, World Music, Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have collaborated with some of the most influential names in the music scene today such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend Bill Evans.
Sciax Defense Division:
Sciax Defense is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. http://www.sciax.com Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the U.S. and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and Sciax Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward looking statements be subject to the ``safe harbor'' provision of the Private Securities Litigation Reform Act of 1995.