Diamond Entertainment Corporation Signs Two New Program Licenses; Two Major Licensing Agreements Bring Exciting New Titles for Distribution.WALNUT, Calif. -- Diamond Entertainment Corporation (the "Company"), dba e-DMEC, (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DMEC DMEC Developed Market-Economy Countries (United Nations Conference on Trade and Development) DMEC Dry Mateable Electric Connection ), a leading dealer of videocassette A removable magnetic tape module for storing video data. The cassette contains supply and takeup reel (hubs) in the same housing. See VCR. and 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. (Digital Video Disc See DVD. Digital Video Disc - Digital Versatile Disc ) titles to the budget home video & DVD markets, today announced the signing of two licensing agreements which bring exceptional programs to a wider audience of families and program watchers. The first new license includes a series of four programs covering "Wild Women in Wrestling." Each program features eight separate matches between today's leading women wrestlers. The second new license covers two volumes of 240 minutes each, featuring our Great Generals of World War II. "These two new licensing agreements further diversifies our program library and are just the beginning of our strategy to acquire more licensed programming for our customers," commented Mr. Jeff Schillen, Co-CEO of Diamond Entertainment Corporation. "To further improve our program library, we have also engaged a production house to produce three short films in the baby educational field. Each program features classical music as a background to toys, puppets, animals and fish, geared towards specific age groups of babies," further added Mr. Schillen. "We plan future acquisitions to our library through licensing new programs to meet the changing demands of our home video audiences," concluded Mr. Schillen. About Diamond Entertainment Corporation Diamond Entertainment Corporation develops, markets, and distributes multiple lines of high-quality products. Diamond markets & sells videocassette and DVD (Digital Video Disc) titles to the budget home video & DVD markets through national & regional mass merchandisers, department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , drug stores, supermarkets, and other similar retail outlets. 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 This news announcement contains certain 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. and information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company that are based on the beliefs of the Company or management as well as assumptions made by and information currently available to the Company or management. When used in this news announcement, the words "anticipate," "believe," "expect," "estimate" and "intend" and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties in this announcement and in the Company's Forms 10-KSB for the year ended March 31, 2004, filed June 29, 2004, Form 10-QSB for the quarter ended June 30, 2004 filed on August 20, 2004 and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein noted or in its SEC filings. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion