San Diego Soccer Development Corporation Changes Name to International Sports and Media Group -- ISMG; ISMG Updates Name to Better Reflect Repositioning of Business.Sports Editors/Business Editors SAN DIEGO--(BUSINESS WIRE)--Dec. 22, 2003 San Diego Soccer Development Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SDSD SDSD Senior and Disabled Services Division SDSD San Diego Sheriff's Department SDSD Sabun Ve Deterjan Sanayicileri Dernegi (Turkish union of soaps and detergents) SDSD Software Development Standards Description ) dba Soccer Development of America, announces it has changed is name to International Sports and Media Group (ISMG). The OTCBB stock ticker Stock ticker A letter designation assigned to securities and mutual funds that trade on US financial exchanges. is also expected to change from SDSD to the new ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors upon receipt by the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . The repositioning and name change will take effect immediately. Yan Skwara, President of ISMG stated, "We have changed our corporate name to International Sports and Media Group to better meet the needs of the new marketing economy. The name reflects the new direction of the company, as the company has diversified its business model with an emphasis on corporate communications, marketing, finance and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most . The name change was approved at the annual shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. which was held on December 19, 2003. "With our wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Pan American Relations (PAR), the Company is moving towards its strengths in corporate communications and public relations. While sports business opportunities will remain a key component of our business in the future, we are now working with a variety of different companies that are not soccer related. As we continue to gain more clients, the name change will not affect the Company's operations in any way. We will continue to work with our existing clients and customers, providing the services that have brought the Company to the success we are now experiencing," concluded Mr. Skwara. About International Sports and Media Group: International Sports and Media Group (ISMG) is a marketing communications firm focused on assisting companies increase their brand awareness using its expertise in the sports and media sector with services including, marketing, corporate communications, public relations, finance and sponsorship. About Pan American Relations Founded in 2003 as a wholly owned subsidiary of International Sports and Media Group (ISMG), Pan American Relations (PAR) is a financial investor relations and corporate communications firm focused on providing emerging companies with timely and useful guidance within the financial marketplace. For more information on the Company, please visit the company website at www.parelations.com. Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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