September Project 111 Corporation -F2 Entertainment- to Acquire COUNTRY RADIO.COM.Business Editors DENVER--(BUSINESS WIRE)--Aug. 8, 2000 September Project 111, Corp. (National Quotations Bureau:SPXD), today announced that is has agreed on terms and signed a letter of intent to acquire COUNTRY RADIO.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. . The terms of the acquisition were not disclosed. The acquisition of COUNTRY RADIO.COM is part of the strategic growth of the entertainment company, which started with the reverse merger of F-Squared Entertainment, in June of this year. COUNTRY RADIO.COM provides a marketing vehicle for the content of F-Squared Entertainment (Finer Arts Records / Fahrenheit Records) and an additional revenue source through MP3 downloads, on-line sales and advertising. The web site currently streams 24 hour on-line country radio programming; and provides an avenue for marketing new releases from Country recording artists. Through its contract with Global Media Network, merchandising of new and catalog music creates additional revenues to the company. Bringing COUNTRY RADIO.COM into F-Squared Entertainment at this time, further enhances the new direction the company has taken as it capitalizes on its two Grammy Nominations in Country Gospel with Roy Clark See also Roy Clark (disambiguation) Roy Linwood Clark (born 15 April 1933, Meherrin, Virginia) is a versatile and well-known country music musician and performer. He is best known for hosting one of the first nationally televised country variety shows in the United States, (1999) and Willie Nelson (1997). As the record company continues to move towards Country music, the plans for the web site are to provide a network of on-line country radio programs and internet sites from around the world. F-Squared Entertainment is the parent company of independent record labels: Fahrenheit Records (est.1993) and Finer Arts Records (est 1958). The history of the combined labels spans over thirty years launching artists such as Otis Redding Otis Ray Redding, Jr. (September 9, 1941 – December 10, 1967) was an influential American deep soul singer, best known for his passionate delivery and posthumous hit single, "(Sittin' on) the Dock of the Bay. and The Hollywood Argyles. In the years since Finer Arts Records merged with Fahrenheit Records, the combined labels have signed releases with artists including Tim Weisberg, Sam Harris Sam Harris may refer to:
Ensemble consisting of two violins, viola, and cello, or a work written for such an ensemble. Since c. 1775 such works have been perhaps the predominant genre of chamber music. . With its long history of producing music in several genres from classical to jazz and pop to country, the acquisition of COUNTRY RADIO.COM further defines a direction which will give the entertainment company a solid footing in Country and in e-marketing. Historically, built on providing content, the company will now provide a vehicle for other content providers and a service for marketing and broadcast companies. SPXD 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. Peter Trimarco commenting on the acquisition stated, "It's refreshing to step up and create an opportunity for artists, labels and broadcasters, to have a common vehicle for providing content. Further, it establishes other revenue opportunities and a value for our shareholders." CONTACT: Peter Trimarco 2170 S. Parker Rd. No. 115 Denver, CO 80231 1-800 783-HITS, 303-755-2546. FAX 303-755-2617 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 provides a "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. " for forward-looking statements. The press release contains forward-looking statements that involve a number of risks and uncertainties. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. For more information, review the Company's filings with the Securities and Exchange Commission. |
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