SEATTLE, March 15, 2005 (PRIMEZONE) -- Karrington Holdings Corp. (NQB-EQS) (Pink Sheets:KGHC) announced today that it has entered into an agreement with Solomon, the Irish music band, to release their new recording worldwide.
Solomon-The Band has been playing together in Ireland for aver 10 years now, and has enjoyed success and critical acclaim for their work. Their first single entitled "This Might Happen" reached number 5 in the Irish music charts. Their music has consistently enjoyed top reviews from music journalists and fans, which will provide Karrington with an excellent opportunity to release and distribute Solomon's latest recording globally.
Karrington's Chairman David Gideon Thomson has a long, distinguished and very successful career in the music industry. This agreement with Solomon-The Band will give Mr. Gideon Thomson and the Karrington music division the chance to spearhead the worldwide marketing and distribution of their recording, hence significantly adding to the opportunity for Karrington Holdings Corp. to capitalize in the music entertainment sector.
For further information, please contact Mr. Daniel Seifer at 1-248-321-0121.
Forward-looking statements in this release are based on current expectations, which may differ materially from actual results. Forward-looking statements include, without limitation, those regarding management's plans, objectives and strategy for future operations, production plans and performance, management's assessment of market factors, and future financial performance and fall within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Among factors that could cause actual results to differ materially are changes in business conditions, changes in the Industry and the general economy, competition, changes in service offerings, risks associated with Karrington's history, entry into developing markets and new product lines, and managing rapid growth, and risks associated with international operations, dependence on effective information systems and the development of the Company's current and anticipated products.