SAN DIEGO, May 9, 2005 (PRIMEZONE) -- Agent155 Media Group, Inc. (Pink Sheets:AGMG), a provider of multi-media content management tools, providing exposure, networking and collaboration opportunities to models, performers, artists, athletes, musicians, filmmakers and agencies worldwide, today announced that it is planning a broader distribution strategy that encompasses Internet radio and potentially satellite radio distribution of its Agent155.com membership content. Management has contacted both XM Satellite Radio (Nasdaq:XMSR) and Sirius Satellite Radio (Nasdaq:SIRI) to discuss its strategy.
"We believe that Agent155.com's membership content appeals to a much broader audience than can be reached via the Internet alone," stated Christopher Martinez, CEO of Agent155 Media Group. "Our goal with Agent155 Media Group is to bridge the gap between Internet, traditional and non-traditional, such as satellite radio distribution channels. We intend to develop a brand that will be recognized the world over, utilizing our membership and their various talents, to produce records, movies, modeling contracts and various other types of content from which we can derive significant future revenues for the company."
Prior announcements of plans to form Agent155 Records and Agent155 Films, disclosed the company's intention to aggressively enter the mainstream production and distribution markets. The company intends to begin production of its first film in August of 2005 and is currently in discussions with its first potential recording artist.
About Agent155 Media Group, Inc.
Agent155 Media Group Inc. is based in San Diego where its Web site (Agent155.com) and related services are produced for worldwide distribution. The company offers an affordable, high-quality online presence for the global artistic and athletic communities through its website, Agent155.com. Agent155.com offers models, performers, artists, athletes, musicians, filmmakers and agencies a multi-media content management solution, enabling the creative world a collaborative forum to network and develop. Agent155.com provides talent agencies, agents, producers, directors, and recording companies a one-stop location to search and view the profiles and work of emerging talent. Agent155 Media Group Inc. also re-distributes member content through traditional media channels like TV, radio, film and print. Agent155 Media Group Inc. produces films, music tours, commercials, and various events using talent exclusively from Agent155.com.
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Agent155 Media Group, Inc. to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Agent155 Media Group, Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when promised, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.