Image World Media Announces Celcom as Title Sponsor for Muchmusic Asia.Business Editors/Hi-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--Feb. 5, 2002 Image World Media, Inc. ("Image") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IWMI IWMI International Water Management Institute (Sri Lanka) IWMI Inferior Wall Myocardial Infarction ), announced today that Celcom Sdn Bhd SDN BHD Sendirian Berhad (Malay equivalent to incorporated) , one of Malaysia's leading telecommunications companies, has become a title sponsor for the second season of MuchMusic Malaysia. Due to significant viewer feedback and requests, MuchMusicAsia will return on an expanded bi-weekly schedule with 52 half-hour episodes sponsored by Celcom Sdn Bhd. The much-awaited program is expected to air early 2002 on TV3, with 20 million households in Malaysia and Singapore. MuchMusic's bi-weekly format will include added focus on viewer participation and interactivity as well as increased local and international live performances and diverse genres of music video. MuchMusic Asia consists of modularly branded segments that promote interactivity, spontaneity and accessibility. MuchMusic delivers a constant flow of innovatively programmed and non-repetitive MusicVideos, Live Performances, News, Views, Attitudes and an annual awards celebration: the MuchMusic Video Awards The MuchMusic Video Awards (or the MMVAs, as they are also known) are annual awards presented by the Canadian music video channel MuchMusic to honour the year's best music videos. In June 2000, Chum Ltd. (Toronto:CHMB), Canada's leading media conglomerate and Interruption Television Pte Ltd PTE LTD Private Limited ("ITPL ITPL International Technological Park (Bangalore, India) "), Image's Singapore-based production subsidiary, entered into a joint venture agreement to perpetuate and distribute the MuchMusic brand throughout Asia. ITPL successfully reformatted and condensed con·dense v. con·densed, con·dens·ing, con·dens·es v.tr. 1. To reduce the volume or compass of. 2. To make more concise; abridge or shorten. 3. Physics a. the essence of the MuchMusic channel, into highly focused and localized half hour blocks, entitled MuchMusic Asia. ITPL successfully beta-tested its format in Malaysia by launching a weekly, 26 part half-hour series on Malaysia's leading television channel, TV3. The program, fully sponsored by Coca Cola Far East Ltd, achieved massive viewer approval, ending its season with a 10 Neilson rating, outperforming all other similar programming during that time period. Image World Media Inc. (OTCBB:IWMI) is an international media company, registered in the United States, specializing in the production and distribution of various media content for worldwide distribution across multiple media platforms such as traditional television, film, and the Internet. Image's founders include pioneers in Asian telecommunications, satellite broadcasting, and New Media. Image's subsidiary, ITPL, has been in business since 1997, producing content and securing global distribution for its programs. ITPL programs have been seen in over 128 countries by a total viewership in excess of 400 million households via television. ITPL's television programs include several major international brands such as Kamal's Planet Ex, MuchMusic and the Extreme series. For additional information on Image World Media, Inc, please visit http://www.imageworldmedia.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 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 in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the performance of joint venture partners, as well as other economic, competitive, and technological factors involving the Company's operations, markets, services, products, and prices. http://www.iccinfo.com |
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