latest news releases from the newsroom
NetMusic Entertainment Corporation
NetMusic.com Nabs `Audio Lunchbox' Becomes Largest Source of Digital Independent Music
SEATTLE, Dec. 8, 2004 (PRIMEZONE) -- For the first time ever, music fans from around the world now have a one-stop shop to download independent music, as well as tracks from mainstream artists. NetMusic Entertainment Corporation (Pink Sheets:NTMT), a comprehensive worldwide network of digital media, today announced that it has acquired independent music giant Audio Lunchbox. The combination of the NetMusic Entertainment (www.netmusic.com) catalog coupled with Audio Lunchbox (www.audiolunchbox.com) creates the largest online collection of independent music in the world -- a licensed catalog of over one million tracks, incorporating 4000 plus labels.
Wi-Fi TV Inc.
Alex Kanakaris, Chairman of Wi-Fi TV, Says 18 to 30 Year Olds Are Demanding That Movies Join Music As An Internet Delivered Medium
NEWPORT BEACH, Calif., Dec. 8, 2004 (PRIMEZONE) -- Alex Kanakaris, Internet innovator and visionary and Chairman of Wi-Fi TV (Pink Sheets:WFTV) and CinemaPop UK/Global, said that the "18 to 30 year old worldwide audience is bringing about a change in the way movies are delivered." In a half hour interview by Alan Rothman on the Business of Success radio show, Mr. Kanakaris said that over-the-Internet movie delivery, which Kanakaris has been a pioneer in, "will eliminate the need for Blockbuster type DVD rental stores and NetFlix type DVD mail delivery." He outlined a global vision for online movies having the same kind of impact as online music. Mr. Kanakaris delivered the first full-length movie over the Internet in 1995.
Gunnebo acquires Gateway and strengthens its position on retail security market
STOCKHOLM, Sweden, Dec. 8, 2004 (PRIMEZONE) -- Gunnebo, the international security group, has today acquired Gateway Security AB, the Swedish article surveillance company. Gateway has an annual turnover of some MEUR 11 and 60 employees, of whom 35 work in Sweden. Production takes place at Gateway's plant in Motala, where some 30 people are employed, as well as on a contract basis at local manufacturers and in Eastern Europe. Gateway also has subsidiaries in Portugal, the USA and Brazil.
StockPickReport: Stock Research for Wednesday
SHREVEPORT, La., Dec. 8, 2004 (PRIMEZONE) -- Stock-Letter-Daily.Com (http://www.stock-letter-daily.com - an affiliate site of StockPickReport, the web's only non-mainstream stock rating service), rates SPDR Trust, Brocade Communications Systems Inc., Elan Corp Plc, Cardima Inc.