RMD Entertainment's Alignment With Napster Is Paying Off Globally
Market Wire, January, 2006
RMD Entertainment Group (OTC: RMDG) has secured a prominent place on top of the global digital music revolution by aligning with Napster. Napster, the biggest brand in digital music, announced earlier that they have officially passed the half million mark for premium paid subscriptions to their global service and in addition, surpassed the 50,000 mark for college students subscribing through their leading university program. With their subscriber base growing in the last year alone by 100%, it is evident that digital music has arrived as the most dominant form of consumer music exchange.
RMD CEO Giorgio Costonis had this to say, "By aligning with Napster in 2005, RMD Entertainment Group secured one of the most powerful strategic relationships possible. By making content available for digital distribution via Napster globally, RMD not only paved a way for our artists to get maximum exposure, but we also secured the best possible method for our company and stockholders alike to share in the most significant revenue stream possible. This is all by design -- the future for RMD and Napster is now."
Napster is now available in the United States, Canada, Germany and the U.K. With each additional territory comes another opportunity for RMD Entertainment Group to strengthen its hold on the music industry of tomorrow.
About RMD Entertainment Group.
RMD Entertainment Group (RMD) is a cutting-edge entertainment company with a primary focus on selling hip-hop music internationally. Additionally, the company markets other Hip-Hop lifestyle products to its music audience. RMD has a vast worldwide distribution network for its music to be sold to the end consumer in compact disc formats, digital downloads, and personal ring tones for mobile customers. RMD's hip-hop catalogue is exclusively distributed by Bungalo Records in North America, which is exclusively distributed by Universal Music Group -- while European distribution is handled entirely by the Pickwick Group of London England. RMD's dance music catalogue is exclusively distributed by Inversus Records of Miami, FL.
Truly a global company with well over 60 years combined experience in the music industry, RMD has had nothing but success on the international level and its staff producers have collaborated with some of the most influential names in the music scene today, such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others.
About Sciax Technology
Sciax Technology is an emerging company in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of RMD Group (www.rmd-entertainment.com)
This release contains forward-looking statements with respect to the results of operations and businesses of Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and RMD Group., which involve risks and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports. The company intends that such statements about the company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward looking statements, be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.
CONTACT: Jed Wallace Publicist Phone: (310) 234-3200 jwallace@mphpr.com
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