OVIEDO, Fla., Aug. 17, 2010 (GLOBE NEWSWIRE) -- Emerging Media Holdings, Inc. (OTCBB:EMDH), the U.S. parent company for television advertising and production subsidiaries, Media Alianta and Analiticmedia-Grup, operating in Moldova, announced today that the Board of directors has approved and confirmed the issuance of up to 2,100,000 shares of common stock as a 20% share dividend pursuant to which one additional share of common stock shall be issued for each five shares currently held by holders of the Corporation's common stock as of the record date September 15th, 2010.
About Emerging Media Holdings Inc.
Emerging Media Holdings Inc. is the U.S. parent company for Media Alianta and Analiticmedia-Grup (AMG) subsidiaries. EMH's primary activities are radio and television broadcasting. EMH's subsidiary AMG, is the market leader in the Republic of Moldova with its primary business focusing in the industry of Television Advertising and the production of in-house Television Programming. For more information, visit www.emergingmediaholdings.com.
Forward-Looking Statements
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward- looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward- looking statements in order to reflect any event or circumstance that may arise after the date of the press release. Political and operational risks in the countries in which Emerging Media Holdings, Inc. may operate and governmental regulation and judicial outcomes, and other risks detailed from time to time in Emerging Media's filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009. Copies of each filing may be obtained from Emerging Media Holdings or the S.E.C. or its web site at www.sec.gov.