ORLANDO, Fla., Sept. 6, 2005 (PRIMEZONE) -- Vision Works Media Group, Inc. (Pink Sheets:VWKM) announces that the board of directors of Vision Works Media Group Inc. has started negotiating with interested pay TV distributors outside of Orlando for distribution of wholly owned subsidiary New Screen TV.
"This is a first step for New Screen TV as a major league-television channel. Details will develop in the coming weeks as we negotiate local advertising avails and price-per-household paid to New Screen TV on a monthly basis," said Rick Erikson, New Screen TV's general manager. He added: "We will not rest on this success alone; with the first distribution contract under our belt, we will immediately and aggressively go after greater pay distribution via additional markets."
The company, which is based in downtown Orlando, is now broadcasting the channel 24 hours a day. The programming mix on New Screen TV includes feature films, documentaries, short films, animation, and a variety of specials and music events.
New Screen Television, Inc. is an Orlando, Florida-based broadcasting company that transmits its television service, New Screen TV, to viewers over the air via WRCF-TV Channel 29 Orlando. New Screen TV is available 24 hours a day, 365 days a year.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.