Vision Works Media Group, Inc. VWKM) and wholly owned subsidiary New Screen Television, Inc. announce that New Screen TV's affiliates are in or will be in the following markets in the coming months and this summer: Texas, Florida, Montana, Iowa, Minnesota and Arizona. New Screen TV is a 'basic channel' on these systems that is available to all subscribers. The distribution in each new market is projected to be worth $1.2 million in monthly revenues, per market, from subscriber fees alone. "Our affiliates are all cutting-edge, digital systems," said Rick Erikson, New Screen TV's General Manager, "I know their entry in to their targeted markets is going to re-write the rules of pay-TV." Due to the competitive nature of the pay-TV landscape, the actual markets will not be announced until the weeks immediately before they launch. "The established operators - particularly the weak ones - would love to know what the launch plans were for our affiliates," added Erikson. New Screen TV is now available to any and all satellite, cable and fiber-to-the-home system operators in the U.S. New affiliates will join Optical Entertainment Network, Auroras TV, and Eagle Broadband as a part of New Screen TV's growing roster of affiliates. Distribution of New Screen TV is via the SES-Americom AMC-10 satellite. New Screen TV is the first truly independent film channel that programs independent movies, documentaries, specials, series, concerts, music videos and productions. This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
KEYWORD: NORTH AMERICA ARIZONA FLORIDA IOWA MINNESOTA MONTANA TEXAS UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO SOURCE: Vision Works Media Group, Inc.
CONTACT INFORMATION: Vision Works Media Group, Inc. Naseem Shah, 407-401-8935 Fax: 407-843-5997 http://www.vswm.com
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