SAN DIEGO, Feb. 10, 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 it will soon begin development of a new Digital Download Service (DDS) specifically designed to monetize video content.
According to In-Stat/MDR, "A number of operators (cellular providers) have deployed 3G networks in a limited way, and more are likely to announce services later this year and next year." The company predicts that mobile video services will generate revenue of $5.4 billion by 2009.
"Talent worldwide need a reliable, scalable, easy to use platform that will empower them to generate revenue from their work," commented Christopher Martinez, CEO of Agent155 Media Group. "The Digital Download Service we are planning with our development team will include credit card processing, user registration, account management and collaboration tools. This platform should provide a straight-forward way for our Agent155.com users to maximize the economic value of their content utilizing our unique distribution model."
Martinez continued, "60% of European and 40% of U.S. households are now running high-speed internet. Untapped broadband revenue opportunities, that were not present a few years ago, are now clearly and realistically within reach. We believe we will have a turn-key system that will revolutionize the distribution of content for artists across the globe."
For more information, please visit the Agent155 Web site at www.agent155.com or call 619-374-7119.
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. will also re-distribute member content through traditional media channels like TV, radio, film and print,. Agent155 Media Group Inc., plans to produce 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.