Business Wire - October 15, 2007
The Company's web property, www.IndieMV.com, is a video-based website that has been designed to connect independent music artists, fans, and labels through social networking. The website is not only a video marketplace for musicians but also a social networking service for students, music lovers, and users that simply want to connect. Services to users are based around networking tools such as video blogging (or 'vlogging'), private web-cam messaging, photo sharing, as well as access to music videos, interviews, and much more. Services to musicians include digital distribution with revenue share on video downloads along with access to all user-based features.
IndieMV also offers users a new technology developed by the Company called 'Sliders'. Khayatte explains, "Sliders are an advanced tagging system that are unique to our site. They allow users to easily search content on a more personalized level. It is a filtering system that each user can customize to their personal interests and preferences."
Concurrent with the website launch, the Company is also pleased to announce their new relationship with UNICEF surrounding music-video based contests that have been organized to help promote their upcoming "Unite Against AIDS" benefit concert in Montreal, Canada on November 28, 2007, as well as promote independent music while spreading awareness for the "Unite For Children, Unite Against AIDS" campaign. Khayatte stated, "It's exciting to be part of a cause that is so critical to the youth of today." IndieMV will be hosting a music-video contest in conjunction with UNICEF. It has been designed to give youth the opportunity to share their impressions and thoughts on issues regarding AIDS and its effect on the world. UNICEF will provide audio tracks and visual footage, and IndieMV will provide the platform for uploading, viewing, and voting for the music videos. Over the next couple of months, the Company's campus development efforts will carry the UNICEF message and encourage thousands to support the campaign and to build their scene on IndieMV.com.
Confirmed feature performers already include headliner Avril Lavigne, Grammy Award winner Sarah McLachlan, Corneille, Marie-Mai, Angelique Kidjo, and DJ Dino Lenny, as well as the winner of the IndieMV "Unite" band contest. Net proceeds from the concert will benefit UNICEF's international 'Unite For Children, Unite Against AIDS' campaign, which is the largest ever mounted to bring the world's attention to the global impact of HIV and AIDS on children and young people. Please visit www.IndieMV.com or www.uniteagainstaidsconcert.ca for more details surrounding the contests and concert.
ABOUT IndieMV Media Group Inc. / Jake's Trucking International
On September 1, 2007, Jake's Trucking International, Inc. entered into an Agreement and Plan of Merger with IndieMV Media Group, Inc. IndieMV Media Group, Inc. is a fully integrated, digital entertainment company and a pioneer in the distribution, licensing, and marketing of digital video content and its related businesses. Fueled by its partnerships with world-class record companies, wireless communication companies, and major sponsorship corporations, the Company has positioned itself to become a leader in social networking and digital video distribution on the web.
"Safe Harbor" Statement under Private Securities Litigation Reform Act of 1995
This press release contains certain forward-looking statements based on the Company's current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words and include statements regarding the planned and/or anticipated benefits to users of the Company's products and the timing of distribution of such products. Forward-looking statements in this release are based on information available to the Company as of the date hereof. The Company's actual results may differ materially from those stated or implied in such forward-looking statements due to risks and uncertainties associated with the Company's business, which include the Company's ability to execute its business strategy and the other risk factors disclosed in the Annual Report on Form 10-K for the year ended September 30, 2006 on file with the Securities and Exchange Commission. The Company assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
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Contacts:
Asbury Communications, Inc.
Mike Rivers, 818-865-9898 (Media)
mike@asburypr.com
Dan Harary, 310-859-1831 (Media)
dan@asburypr.com
or
Crescendo Communications, LLC
David K. Waldman, 212-671-1021 (Investor Relations)
dwaldman@crescendo-ir.com
071015
BW071016
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