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Tuesday, February 26, 2008 5:24:03 PM
Advanced Content Services Announces Updates of the Online Talent Competition and Merger
Tuesday February 26, 5:16 pm ET
LIMA, OH--(MARKET WIRE)--Feb 26, 2008 -- Advanced Content Services, Inc. (Other OTC:ADCS.PK - News) CEO, S. Shawn Spahr, announced today that the company has begun the major initiative to develop and launch an interactive online talent competition. The Company anticipates having worldwide audience appeal and participation.
"This task is quite an undertaking and once fully implemented could top the success seen by the Television Talent contests," stated S. Shawn Spahr.
The concept of an Internet-based talent contest will include the platform provided by Second Life, a 3-D virtual world entirely created by its Residents. Since opening to the public in 2003, it has grown explosively and today is inhabited by millions of Residents from around the globe. Second Life's Basic account is FREE, and includes access to events, shopping, building, scripting -- everything you can do in Second Life. The Marketplace currently supports millions of US dollars in monthly transactions. This commerce is handled with the in-world unit-of-trade, the Linden dollar, which can be converted to US dollars at several thriving online Linden Dollar exchanges.
Spahr commented, "The Company has established many alliances within the entertainment world, including major record labels and producers. Everyone is very excited about the project and we are working very hard to meet our internal deadlines. I hope to have more information available to the shareholders and would encourage everyone to visit our website (under construction) that will be updated soon to reflect the new initiative and detail of the contests. I appreciate the confidence that has been extended to me. I have established our new operations in Lima, Ohio with a new phone number after 2-29-08 (419)224-ADCS (2327)."
The Company also would like to announce plans to merge TG Consulting in as a wholly owned subsidiary. TG Consulting is the technology consulting company founded by the newly named CEO.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning it expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
Contact:
Contact:
Advanced Content Services, Inc.
P.O. Box 336
Lima, Ohio 45802-0336
S. Shawn Spahr
President/CEO
(419) 224-ADCS (2327)
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