DigSound Shareholder Update From the CEO.SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif. -- DIGSOUND Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DGSU): 2005 was a year of both opportunity and challenge for DIGSOUND and the music industry. One of DIGSOUND's most significant developments this year included the release of Phase 1 of DIGSOUND'S proprietary software, VR24/7. This web-based software will allow music providers an online interface enabling more efficient methods for distributing and monitoring content usage. It also provides broadcasters who currently use manual procedures to create cue sheets with the ability to automate and manage this process. In addition, DIGSOUND licensed Audio Audit's watermarking software (Audio Audit was acquired in June by Nielsen Media Research Inc.) for the Television market. Nielsen Media Research's acquisition of the DIGSOUND-Audio Audit agreement coupled with DIGSOUND's proprietary software, VR24/7, will undoubtedly facilitate change in the B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business music industry. DIGSOUND is also in negotiations with a major music library to watermark watermark: see paper. See digital watermark. and distribute their music tracks. DIGSOUND continues to grow with enhanced service Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; offerings, stronger management and a talented workforce ready to support customers worldwide. At present, DIGSOUND is in discussions with several Networks and broadcast groups regarding its software and ability to provide content. Embracing this new technology and executing our business plan, DIGSOUND is committed to adding new value to music and to the businesses that rely on it day in and day out Adv. 1. day in and day out - without respite; "he plays chess day in and day out" all the time . Thank you for your support, Paul Martin President/CEO About DIGSOUND Using cutting-edge technologies, DIGSOUND Inc. has created a web-based software (VR24/7) that allows music providers an online interface enabling more efficient methods for distributing and monitoring content usage. In addition, DIGSOUND will leverage VR24/7 to create a vast distribution hub cutting out costly middle men who up until now controlled the flow and distribution of the money. Implementing this new music licensing format, DIGSOUND is in a position to offer the composers of this content a better deal. It also provides broadcasters who currently use outdated industry procedures the ability to automate and manage the process of licensing music for their commercials and programming. DIGSOUND was founded by Paul Martin, a music-licensing veteran, who has produced and licensed thousands of tracks to hundreds of stations nationwide for more than 10 years. He has recently held the positions of Director of TV Syndication for Groove Addicts Groove Addicts is a custom music house that produces music for various categories of media. Based in Marina Del Rey, CA Groove Addicts was founded in 1996 as a custom music house for television commercials and radio stations, producing custom jingle packages for domestic and international , as well as West Coast Director of Sales for Frank Gari and Gari Communications. Mr Martin began his music career in 1993 with Tuesday Productions. "Safe-Harbor" Statement This news release may contain 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. made pursuant to the "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. " 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. While these statements are meant to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described. The company's operations and business prospects are always subject to risks and uncertainties. Important facts that may cause actual results to differ are set forth in DigSound, Inc.'s periodic filings with the U.S. Securities and Exchange Commission. |
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