Message #4 From:
Stock News Bot Date: August 29, 2005 03:48:00 AM
EPMI News EPIC Media Shareholder Update
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Aug. 29, 2005--EPIC Media Inc. (OTC:EPMI) announces shareholder update.
Recent initiatives by the company to communicate our business strategies, structuring, and deal flow have resulted in increased shareholder value and stronger support from the investment community. In discussing these activities Epic has identified several projects that the company has been pursuing and are under negotiation. The Company expects to announce one of these deals within the next two weeks. The Company has significant oral agreements on several deals and final terms being worked out.
Epic expects to hire an additional 25 employees within the next 90 days because of deals under negotiation and is currently looking for adequate office space for its magazine operations in the West Los Angeles area.
As of Friday, August 26, 2005, the Company has submitted a 10SB 12(g)A to the SEC for review. On September 20, 2005, the Company, by operation of law, will be a fully compliant SEC company and will seek an immediate OTCBB listing.
EPIC Media is a multimedia company founded to gather, understand, translate, and package information into original marketable print and digital products. The Company is launching Zooprize.com in Oct of 2005 and the Everything magazines in Feb of 2006 (please see the Company's other press releases for details).
For press and partnership inquiries, please contact:
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
