Desert Winds Entertainment Buys F2 Entertainment; Labels Include Fahrenheit Records & Finer Arts Records.Entertainment/Business Editors PHOENIX--(ENTERTAINMENT WIRE)--March 9, 2000 Desert Winds Entertainment (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DESW), a film and stage production company based in Mesa, Ariz., announced today that they have signed an agreement to purchase 100 percent of privately held F2 (F-squared) Entertainment Inc. F2 Entertainment's two subsidiaries, Fahrenheit Records and Finer Arts Records record labels, are included in the acquisition. F2's roster of current recording artists include Willie Nelson, Roy Clark See also Roy Clark (disambiguation) Roy Linwood Clark (born 15 April 1933, Meherrin, Virginia) is a versatile and well-known country music musician and performer. He is best known for hosting one of the first nationally televised country variety shows in the United States, , Sam Harris Sam Harris may refer to:
Bobby Vee (born April 30 1943) is an American pop music singer. , and Roy Meriwhether, among others. In 1998, Willie Nelson's release on the Finer Arts label, "How Great Art Thou," received a Grammy nomination for "Best Country Gospel Album." In 1999, Sam Harris was nominated for a Tony Award for his performance in the Broadway hit show, "The Life." F2 scored again this year with a second Grammy nomination for Roy Clark with his recently released album "Roy Clark Sings and Plays Gospel Greats." Desert Winds Entertainment chairman Michael Paloma, speaking about the acquisition, stated, "The combination of Desert Winds and F2 greatly enhances its positioning the world market as a complete multi-media provider." Richard Bernstein, 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 F2 Entertainment, stated, "The combination of the two companies will provide the labels an array of cost effective media distribution alternatives that will give the company excellent competitive cost advantages in the independent label market." Check the Desert Winds Entertainment website: http://desertwinds-ent.com/. Click on "BigDogg" icon under "Our Shows" category for latest releases. 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 under 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: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. This release contains forward-looking statements that involve risks and uncertainties. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors. Note to Editors: In the company name, F2 Entertainment, the `2' denotes a squared symbol. |
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