CSMGI Announces Name for Instructional Soccer Video Series.ADDISON, Texas Addison is a city in Dallas County, Texas (USA). The population was 14,166 at the 2000 census. Addison is a northern suburb of Dallas. The city calls itself the Town of Addison but it is incorporated as a city. -- Consolidated Sports Media Group, Inc. (Pink Sheets:CSGU) (http://www.csmgi.com) today announced the naming of the Mia Hamm instructional soccer DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. video series. CSGU has agreed to distribute the soccer secrets and fitness video series, now called "Mia Hamm's Gold Medal Soccer," starring Olympic Gold Medal winners Mia Hamm and Tiffeny Milbrett. The DVD series is set for a national release on ESPN ESPN Entertainment and Sports Programming Network , ESPN 2, Discovery Kids, and Fox Sports. "Considering Mia's popularity, combined with the long-term success of products like Ken Griffey Jr.'s, 'Adventures in Baseball,' this product should be a best-seller in its class for years," said CSGU President Scott Schepper. This three-disc instructional and inspirational series features Olympic and World Cup champions Mia Hamm, Tiffeny Milbrett and Lorrie Fair. Mia Hamm was named "most marketable" female athlete in the United States, with over 22% of the vote. She also was voted "Favorite Female Sports Star" at the 14th Annual Kids Choice Awards. Over 15 million kids participated in this vote, which was facilitated through Burger King and Nickelodeon. CSGU's move to add the distribution of DVD titles to its direct response television business is part of the company's commitment to be a dominant force in the instructional sports marketplace, while entering the multi-billion dollar home video/entertainment industry. In 2002, there were a projected 17.6 million Americans over the age of 6 who played soccer at least once. This represents an increase of 15% over the 1987 benchmark. CSGU is engaged in development, production and distribution of entertainment-related media for film, television, music, and print. CSGU's formula for growth is simple by design -- to magnify mag·ni·fy v. To increase the apparent size of, especially with a lens. , enhance and capitalize on products specific to sports market segments. "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: Certain statements in this release are "forward-looking" statements as defined in 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. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. , risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , competitive risks, reliance on development partners and the need for additional capital. |
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