Select Media Communications Announces Appointment of Chief Financial Officer.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 11, 2001 Select Media Communications, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SMTV SMTV Saturday Morning Television (UK) ), today announced the appointment of Jerry L. Misterman as its Chief Financial Officer. Mr. Misterman was most recently the Chief Financial Officer of ANTRA an·tra n. Plural of antrum. Holdings Group (Pink Sheets:RECD RECD Received RECD Real-Ear-to-Coupler Difference (audiology) RECD Real Estate and Construction Division (IBM) ). Mr. Misterman began his career on the audit staff of Deloitte & Touche LLP LLP - Lower Layer Protocol (formerly Haskins & Sells), a "Big Five" public accounting firm. He has served as Chief Financial Officer to Providers Benefit Company, Seven-Up Bottling Company, West Coast Video and as Chief Accounting Officer for West Coast Entertainment Corporation. Most recently he served as CFO See Chief Financial Officer. of ANTRA, a public company traded on the Pink Sheets. Mr. Misterman is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . Mr. James Mongiardo, Select Media's Chairman and 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. , commented, "We are delighted to have Jerry join our team as its Chief Financial Officer. As noted in a previous press release, Select Media has reached agreement in principle with 90 percent of the shareholders of ANTRA to exchange their stock for shares in Select Media. Jerry's experience with ANTRA and with other public companies will be of assistance as we integrate and build ANTRA Holdings Group and aggressively pursue additional desirable acquisition targets. Jerry will manage our $ 20 million Equity Line of Credit and work with me as we explore other potential sources of equity capital to leverage ANTRA's established reputation as a full service record and publishing company into enhanced revenue opportunities for Select Media, while also empowering the Company to pursue additional acquisition targets." About Select Media Communications, Inc. Select Media Communications, Inc. is a New York corporation whose common stock is currently traded on the over-the-counter Bulletin Board under the symbol "SMTV." The Company has been reconstituted as a holding Company to acquire content providers and production and post-production houses as a vertically integrated provider and distributor of programming and high-quality recorded music through traditional media and new medium of the Internet. The Company currently has the capabilities in short and long form television, radio, video production and post production, audio production and services, the resourcing of talent and marketing of new music, the production, acquisition, licensing and distribution of high-quality recorded music, and the development and licensing of special projects, both video and audio with associated merchandising. About ANTRA Holdings Group, Inc. Headquartered in Philadelphia, ANTRA Holdings Group owns and operates a full service record and publishing company focused on the resourcing of talent and marketing of new music together with the production, acquisition, licensing, publishing and distribution of high-quality recorded music in the musical genres of Urban Music - which includes Urban/Rap/Hip-Hop and Rhythm and Blues rhythm and blues (R&B) Any of several closely related musical styles developed by African American artists. The various styles were based on a mingling of European influences with jazz rhythms and tonal inflections, particularly syncopation and the flatted blues chords. , with some interest in Rock and Pop. Its primary artists are Kurupt, Spooks, Crush, Borialis, Tony Kurtis and Deep 6ix. In addition, ANTRA has a distribution and services agreement with Artemis Records. Artemis distributes records including distribution through RED Distribution, Inc., which is partially owned by Edel and Sony Corporation (NYSE NYSE See: New York Stock Exchange :SNE). "Safe Harbor" Statement Under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements that include the words "believe," "intend," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Select Media Communications, Inc. to differ materially from those implied or expressed by such forward-looking statements. Select Media Communications, Inc. advises to review all subsequent reports filed with the Securities and Exchange Commission under the Exchange Act. The Company undertakes no obligation to publicly update or revise any forward-looking statements, facts, events or circumstances that may bear upon this press release. |
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