To much what if's
It seems that the PR below is what everyone has been waiting for.
Getting off the Pinks is the first step for the Company to advance.
The Long awaited Merger is about to become reality.
All your Questions will be answered at the shareholders meeting in a few weeks.
The Shareholders meeting was pushed up for reasons which I think are Positive.
You can Guess all you want and beat your brains to death but in reality it is out of our hands and the story will be told at the Shareholders meeting.
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MediaMax Technology Corporation Signs Letter of Intent to Merge with SunnComm International, Inc.
The proposed basis for the common stock exchange ratio will be 1:1
PHOENIX, AZ — March 31, 2005 — MediaMax Technology Corporation, formerly QuietTiger Inc. (OTCBB: QTIG), a leading optical media technology marketing company, is pleased to announce today that it has executed a non-binding Letter of Intent with SunnComm International, Inc. (OTC: SCMI) regarding a proposed merger of the companies.
MediaMax Technology Corporation has an exclusive marketing agreement with SunnComm to sell MediaMax - America’s best selling audio CD copy management and enhancement technology. Both companies earn royalties for every disc sold containing the proprietary software.
If the parties, after due diligence and other review, determine to go forward, MediaMax Technology anticipates entering into a definitive merger agreement on or before May 31, 2005. If the merger is completed, the companies currently anticipate an exchange of all outstanding common stock of SunnComm for shares of MediaMax Technology common stock on a one-for-one (1:1) basis. The definitive agreement will provide for the parties to file a registration statement on Form S-4 with the Securities and Exchange Commission in order to register the shares of common stock to be issued pursuant to the agreement. The registration statement will include a joint proxy statement and prospectus to be sent to the stockholders of both organizations in connection with a meeting of the stockholders of each company to consider the transaction.
Further discussions or decisions regarding the proposed merger are subject to various conditions, including further due diligence review and analysis, receipt of a satisfactory independent fairness opinion, the necessary audits of SunnComm and a condition that SunnComm refrains from distributing any of its assets to its shareholders until the merger is completed.
ABOUT MEDIAMAX TECHNOLOGY CORPORATION
MediaMax Technology Corporation, formerly QuietTiger, Inc. (OTCBB: QTIG) with its international reach, implements the delivery of digital content security products for the music and entertainment industry. With established long-term industry contacts throughout the world, the company understands the challenges surrounding digital content management and protection. The MediaMax Technology team of professionals has spent more than 50 years in the music and movie industry. MediaMax Technology (www.mediamaxtech.com) is the exclusive sales and marketing arm for SunnComm’s MediaMax suite of products.
For additional information about the company, its vision, philosophy, partners, and customers, please visit the Company’s Web site at www.mediamaxtech.com or contact:
Company Contact:
William H. Whitmore, Jr.
602-267-3800
bill@quiettiger.com
Investor contact:
Investor Relations
602-231-0681
press@quiettiger.com
ABOUT SUNNCOMM
In just five years, SunnComm International Inc. (OTC: SCMI) has become the leader in digital content enhancement and security technology for audio compact disc media. 2004 was a year of milestones for SunnComm including Anthony Hamilton’s “MediaMax’d” CD “Comin’ From Where I’m From” achieving platinum status and Velvet Revolver’s “Contraband” CD reaching the #1 spot on Billboard´s Top 200 Album Chart becoming the world’s first number one CD to include content management. “Contraband” also achieved double-platinum status by selling more than 2 million units. Additionally, SunnComm’s technology appeared on many other best-selling albums in 2004, some of which have gone gold. The year ended with MediaMax implemented on more than 75 commercially released CD titles across 25 record labels generating over 10 million CDs, making it the U.S. market leader in copy control and enhancement technology.
MediaMax is mastered directly on the audio CD and is accessible using a personal computer. SunnComm was the first company to commercially release a content-protected audio CD utilizing an early version of the Microsoft Windows Media Data Session Toolkit, and was the first company in America to commercially release a copy-managed audio CD
(www.microsoft.com/presspass/press/2003/jan03/01-20SessionToolkitPR.asp). Bonus features include on-board press kits, artist-related promotions, videos, song lyrics, artist bio page, photo gallery, web links and tune-sharing capability through SunnComm’s MusicMail™ functionality. For more detailed information about the company, its vision or philosophy, personnel, partners, and customers, please visit the company´s Web site at www.sunncomm.com, or call the Company directly at (602) 267-7500. For additional information or investor relations please contact:
Company contact:
Peter H. Jacobs
602-267-7500
peter@sunncomm.com
Investor contact:
Investor Relations
602-231-0681
press@sunncomm.com
MediaMax CD3,
AI
