Coastal Capital Acquisition Corp (CCAJ)

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KOOSY PR: 09:12 EDT Monday, August 22, 2005

MIAMI (Business Wire) -- Following the latest trends in the Digital Revolution that is changing the way entertainment is delivered to consumers, Koosy Corporation is launching its new Koosy Network website (available soon at http://www.koosy.com ). With Koosy, online users will have access to a worldwide virtual community that will provide an array of services ranging from networking (meeting and connecting with friends) to watching movie clips, movie trailers, sending video messages to other Koosy members for free, and much more.

Koosy's proprietary video streaming technology will allow virtually anyone with a webcam to record and send free video emails. This technology is also what allows Koosy to stream music video clips, movie trailers and more. Besides all the video services, Koosy will feature blogs, topic groups and discussion forums. The site will also offer music downloads and other media related-content, from technology news to the latest music and movie reviews.

"Koosy's all-inclusive entertainment and information portal will allow its users to meet new people and old friends, interact with them, and at the same time get all the content and information they are looking for. Users will be able to spend time on Koosy and never run out of ways of entertaining yourself," said Koosy's President and CEO, Andy Kleinman. Kleinman has been in the online entertainment business for over six years. Before joining Koosy, He was the President of EMEPE3.COM, INC. - the first digital music store for the Hispanic audience worldwide. As the founder and CEO of EMEPE3.COM, he was responsible for developing and leading the strategy of the website, which was the online Latin music website to survive the Internet bubble burst to then become the first digital music store in Spanish. The company was sold at the beginning of the year to a German investment group.

As details of Koosy.com begin to be unveiled, one month prior to the launch of the new website, the company has retained the services of CLX & Associates, Inc. for investment relation partner to manage the company's reverse merger process, which will allow for the company to become publicly traded. Koosy has still a lot to prove to its investors and to an eagerly awaiting public. Still, the company's plans are solid and the future looks very promising. Soon enough we will know if we are indeed in the presence of the newest and most revolutionary online entertainment tool.

Forward-Looking Statements

Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "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 are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies.

Koosy Corporation, Miami
Andy Kleinman, 305-416-4416
[e-mail]

NOTE: Thanks to EZ2ASK for finding this PR for me!