Pop3 Media Corp. Enters Into Letter of Intent
Thursday September 6, 9:51 am ET
BEVERLY HILLS, CA--(MARKET WIRE)--Sep 6, 2007 -- Pop3 Media Corp. is pleased to announce that it is relaunching operations and hopes to rebuild its businesses through the acquisition of revenue producing assets.
To that end, Pop3 is proud to report that it has entered into a Letter of Intent to purchase Media Master Corporation.
Management believes that the acquisition of Media Master Corporation will enable Pop3 to return to the business of distributing media products in the quickest and most responsible manner possible, due to Media Master Corporations' ability to rapidly produce and deliver market ready CD and DVD products.
In a further development, Pop3 is engaged in ongoing negotiations to acquire rights to certain technologies, currently under development, and hopes to be able to issue guidance regarding this development in the very near future.
The technologies under development may hold the promise of allowing the manufacture of optical discs which are compatible with current recordable optical discs while allowing replication of repeated data like a regular, stamped compact disc. This development may lead to the easy serialization of replicated discs.
Serialization of replicated discs could enable software and entertainment companies to create more readily copy-protected media without the cost and time requirements associated with current duplication processes for recordable formats like CD-R or DVD-R, and would therefore represent a groundbreaking capability if successfully put into production.
Pop3 anticipates the debut of its new web presence at www.pop3media.net within the next three weeks.
