Shareholder Update to Be Released on Same Day as CD
PHILADELPHIA, PA — (Market Wire – Sep 25, 2006) – RMD Entertainment Group (PINKSHEETS: RMDG) announced today that their star artist, Roc Monee’s debut album “Diamond in the Rough” will be in major retail stores across North America starting tomorrow. In addition, RMD has serviced the album to over 60 digital distributors across the globe including: I-tunes, Yahoo Music, Napster, Sony Connect, Starbucks, Rhapsody, Music Match, E-Music, and others.
RMD has engaged in a major radio promotion and advertising program for “Diamond in the Rough” that has seen full page ads in major magazines like The Source Magazine and spins of the debut single “Overdrive” on radio stations across the country including broadcast giant Radio One, Inc. (www.radio-one.com). Progress has been better than expected for a new artist and RMDG CEO Giorgio Costonis acknowledged as much as he commented on the company’s first major music release.
“We have undertaken this project with great vigor, enthusiasm, work ethic, integrity, and commitment from the start. Roc Monee deserves all of those qualities from us because he gave his all in this album, and it showed in his recorded performances from track to track. From start to finish each song is unique, well crafted, and thoughtful. In a day when Hip Hop has so many groups with so many songs that sound alike, Roc created something special that separates him from the rest of the urban music rat race — his own style. His unique level of skill is comprised of the sheer ability to rhyme in numerous different patterns while remaining easily understood to every ear that hears him. Roc has touched on issues that range from struggles to trust anyone in his neighborhood or in the music industry to internal spiritual warfare he has encountered on his way to success. Of course he has also touched upon the joys of his life on the album as well and makes it clear how much he loves to make people smile and dance in the club when they hear his music. I am so thankful that we have such a special album to sell into the global marketplace. Albums like this come every five to ten years. We expect substantial revenue from ‘Diamond in the Rough’ over the next couple of months and remain committed to servicing 5 singles to radio and 3 videos to stations like RHN, BET, VH1, MTV, and MTV2.” Costonis added, “This is a process. We are in phase 1 as we have reached retail outlets and digital outlets with the product. Our focus now becomes increasing demand for product in all marketplaces as well as adding retail chains into the mix such as Wal-Mart and other non-music specific stores. We are confident that we will accomplish this goal and thank all of our supporters and shareholders for helping us achieve each and every goal on our way to success.”
Management also expressed the importance of other projects and announced a shareholder update tomorrow to outline company progress and direction for the end of 2006 and beyond.
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 PDAs. 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) in North America and in Europe through the Pickwick Group Ltd. of London.
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.
Contact:
Jed Wallace
Publicist
Phone: (310) 234-3200
mailto:jwallace@mphpr.com
jwallace@mphpr.com
