PHILADELPHIA--(BUSINESS WIRE)--May 5, 2006--RMD Entertainment Group (Pink Sheets: RMDG) announced today that the company has selected Philadelphia based Haven Internet Services to oversee the advertising revenue component of MoTV. In preparation for the highly anticipated 'phase-one' launch of MoTV's revolutionary new technology later this May, RMD executives decided to align with the best in the business in order to secure early profitability for the new mobile platform through ad sales.
Haven Internet Services was incorporated in 1994 and is one of the largest and fastest growing web presence and eCommerce providers in the United States. Founded as a local company in Allentown, Pennsylvania, Haven Internet Services has expanded its business through a series of strategic partnerships to become one of the top eCommerce providers in the industry. Understanding, and for the most part defining, the roadmap to Internet profitability, Haven Internet Services are a perfect fit for the vision RMD has for swiftly generating ad revenue via MoTV.
RMD CEO Giorgio Costonis commented, "We are honored to have a company like Haven Internet Services onboard for the MoTV project. With MoTV we have carved out a niche that utilizes advertising as more than a break in programming, it is the woven into the programming itself by offering the viewer an opportunity to purchase merchandise being worn by their favorite celebrities. It is unobtrusive and compelling at the same time, which is why it is both the future of advertising and programming. We expect nothing but success in the form of early ad revenue."
About RMD Entertainment Group.
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDA's. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE: V)) in North America and in Europe through the Pickwick Group Ltd. of London.
RMD also owns Sciax Technology, Inc. and Sciax America Inc, companies that develop and market defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. 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.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, go to the Company's website at: http://www.rmd-entertainment.com
Contacts
For RMD Entertainment Group
Jed Wallace, 310-234-3200
jwallace@mphpr.com
