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moderngroove entertainment, Inc. Announces Approval of Standard & Poor's Listing.


Business Editors

VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, Canada--(BUSINESS WIRE)--March 28, 2001

moderngroove entertainment, inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MODG), a licensed software developer for the PlayStation A video game console from Sony that was introduced in the U.S. in 1995. CD-ROM based and using a 32-bit MIPS CPU, the original PlayStation was the first of a family of desktop and handheld units. (R)2 computer entertainment system announced today it has received approval for a full description in Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index
Standard and Poor's Index
 Corporation Records by the Standard and Poor's Editorial Board.

Standard Corporation Records is a recognized securities manual for "blue sky" or "manual exemption" trading in approximately 35-38 states. moderngroove entertainment listing in Standard Corporation Records should especially assist the brokerage community in making a market for the Company's stock. However, it is recommended that brokers check with the blue-sky laws Blue-sky laws

State laws covering the issue and trading of securities.
 in their particular state.

moderngroove entertainment, inc. (OTCBB:MODG) is a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada.

Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven.
 with studio operations in Vancouver, Canada. moderngroove is a pioneer in the production and delivery of interactive entertainment for next-generation videogame consoles and personal computers. Founded in July 1999, moderngroove now boasts a staff of over 40 artists, engineers, producers, and business personnel. More information about moderngroove's products and services can be found online at www.moderngroove.com.

This press 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.
. The words "estimate," "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date of the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 28, 2001
Words:286
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