Grand Entertainment & Music, Inc. Pronounces MIDEM 2005 a Tremendous Success.MONTREAL -- Today a spokesperson for Grand Entertainment & Music, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : GENM GENM Generic Model ) pronounced the MIDEM 2005 international music conference a tremendous success. GEM is proud to announce that it is in the advanced stages of negotiations with several prominent Internet and music companies that attended MIDEM 2005 to expand its quality music catalogue and enhance its product portfolio. In addition, the Company has multiple contracts pending with several MIDEM participant companies to license its masters for distribution in various countries throughout the world. 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. Fred Berlin stated, "MIDEM 2005 has been very productive this year. Aside from our pending contracts and the full acceptance of our e-commerce solution, an extremely proud moment for the Company was the appointment of music industry veteran Franco DiMarco to the GEM family." Berlin went on to state, "Upon the finalization Writing the table of contents (TOC) on a recordable CD or DVD disc. The finalization process ensures that the disc can be played back on most CD and DVD players. See disc-at-once. of the present negotiations, GEM's music catalogues and revenue will significantly expand. Further details will be disclosed in the coming weeks." GEM's spokesperson also stated that the Company's e-commerce solution is expected to launch within the next two weeks. The design phase has been finalized and the Company is pleased to report that it was extremely well accepted at MIDEM 2005. GEM is in the process of signing several webmaster agreements that will be completed in the coming week. This e-commerce website will function as an e-music store that offers both proprietary GEM music content as well as music produced by other companies. The site will enable the general public to download individual titles; create their own compilations; and purchase commercially-available music CDs and DVDs. About Grand Entertainment & Music, Inc. Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music producer that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and sound tracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 Gold and Platinum records. GENM, a pioneer in the Internet distribution and digital download v. en·trenched, en·trench·ing, en·trench·es v.tr. 1. To provide with a trench, especially for the purpose of fortifying or defending. 2. itself in the Internet distribution and download business before the majors enter the market. The Company's mission is to become the premier production, recording, publishing and Internet Distribution Company in the music industry. In addition, its mission is to become a leading consolidator of quality music catalogues. For more information please contact Investor Relations Investor relations The process by which the corporation communicates with its investors. at (514) 328-9348 ext. 601 or visit the Company website at www.gem-music.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 This release contains 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. with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision 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. |
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