ActiveMusic and SVC Financial Join Forces To Power Electronic Contributions for Musician-Backed Causes.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- SVC (1) (Switched Virtual Circuit) A network connection that is established at the time the transmission is required and disconnected when the session is completed. Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : SVCX), an emerging provider of secure electronic payment and digital rights management (DRM (1) (Digital Radio Mondiale) A digital audio broadcasting (DAB) system for AM radio in Europe. See HD Radio. (2) (Digital Rights M ) solutions, today announced that its electronic contribution, DRM and multimedia authoring capabilities will help power Internet fundraising and content for ActiveMusic, a non-profit production and media event company that raises money for effective non-profits that support environmental, health, social justice, and education causes. ActiveMusic produces concerts, artist receptions, and outdoor events for a range of causes. The organization, founded by recognized leaders in concert production and event management, creates partnerships with artists and facilitates their impact on the issues they care most about. ActiveMusic events have featured artists including Bonnie Raitt Bonnie Lynn Raitt (born November 8, 1949) is a nine-time Grammy award-winning American blues singer-songwriter and guitarist who was born in Burbank, California, the daughter of Broadway musical star John Raitt. , Jackson Browne, Bruce Hornsby and Alanis Morrissette. ActiveMusic and SVC are teaming to enable a unique program for fundraising and electronic content, with a DRM solution that protects the integrity of participating artists' music and other rich-media content. The capability also includes allows contributors to make an immediate electronic donation, said Christopher Haigh, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SVC Financial Services. "SVC and ActiveMusic are making an extremely positive impact on fundraising for a number of effective nonprofits while simultaneously ensuring protection of the participating artists' work," Mr. Haigh said. "This will also enable ActiveMusic to help even more nonprofits - and attract even more artists to their causes." "SVC will help ActiveMusic and its nonprofit partners to accelerate some tremendously impactful programs positively affecting the environment, health care and other areas so important in these times," said Susann McMahon, ActiveMusic's founder. "These new capabilities will help us maximize a donor's contribution by using the same dollar to help many non-profit partners through our revolving production fund. The combination of rich media content and the security to protect it will give both nonprofits and participating artists the confidence they need to make the most of their relationships." About ActiveMusic ActiveMusic is a non-profit production and media event company that raises money for effective non-profits that support environmental, health, social justice, and education causes. The Los Angeles-based organization harnesses the enormous power of music and media to accelerate social change by partnering artists with issues through concerts, events and receptions. ActiveMusic provides the resources and expertise to produce low expense, high net events for non-profit organizations in need of funding and outreach. More information about the organization can be found at www.activemusic.org. About SVC Financial Services SVC Financial Services (OTC: SVCX) is a provider of an integrated suite of secure electronic payment, web application development, digital rights management and multimedia authoring solutions with a focus on the online retailing and entertainment industries as well as the companies that serve them. SVC provides a highly secure and reputable private-label service for retailers and financial services. The combination of Digital Rights Management with SVC Payment Services in the company's Mazarin Media Platform serves a broad range of merchant and consumer needs such as a profitable and easy-to-use micropayment An electronic commerce transaction of very low value. It may refer to charging just a few cents or even a fraction of a cent for a transaction such as an information lookup. It may also refer to aggregating several small-value purchases and charging a credit card at the end of the day or system, credit card payment processing, and digital asset bundling and promotion. More information about the Company may be obtained at www.svcfinancial.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Except for historic information contained in this release, the statements in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies. |
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