SANTA MONICA, Calif., March 7, 2005 (PRIMEZONE) -- iMedia International, Inc. (OTCBB:IMNL) (http://www.imedia-intl.com) announced today that it has launched its latest vertical market initiative targeting the financial sector. Within this vertical, iMedia will be focusing on marketing its digital transactional media to public companies and financial service providers as an aid to their investor relations and corporate communications campaigns.
iMedia has begun creating unique products for public companies to digitally enhance:
-- Investor Relations Campaigns -- Annual Reports -- Direct Marketing Efforts -- Proxies -- Prospectuses -- Open Enrollment Programs
The first product to be introduced is a monthly publication entitled, "Stock Previews(tm) iMagazine". Stock Previews(tm) iMagazine will be a paid presentation venue allowing publicly-traded companies the ability to introduce their businesses directly to stock buyers. By adopting iMedia's digital transactional media, public companies can now radically change the way they interact with investors on a mass scale.
Through a distribution arrangement with Barrons(r) Magazine, a Dow Jones Publication, Stock Previews(tm) will present a featured profile of one exciting public company, along with previews of ten undiscovered growth companies who have paid a fee to interact with a prospective investor. This truly unique interactive CD-ROM magazine will contain all of the information an investor requires to make an informed decision including: interactive, multi-media interviews of company executives, company overviews, PowerPoint's, video presentations, product demonstrations, financial statements, press releases, stock quotes, charts and recent SEC filings.
Each interactive disc can instantly deliver the Internet with one click, directing prospective investors to each company's website as well as iMedia's www.stockpreviews.com. The iMagazine will unveiled this week in West Palm Beach, Florida at the three-day ValueRich Investor Conference beginning on March 10th. In addition to launching the iMagazine, iMedia International will be a featured presenter at the ValueRich conference featuring over 100 publicly traded companies.
Commenting on this new vertical, David MacEachern, Chairman and CEO of iMedia International said, "We think that this is the perfect time to launch into this vertical market. One major problem public companies have always sought to overcome is how to reach a large targeted audience with engaging, affordable media while staying compliant with SEC regulations. iMedia provides a phenomenal opportunity for these companies to expose their businesses to hundreds of thousands of prospective investors who read Barrons, and other distinguished financial journals in an efficient, enjoyable and engaging way. I believe that our media will play a prominent role in the future of investor relations."
About iMedia International Inc.
iMedia International, Inc. (IMNL) is a publicly held digital media solutions company producing DVD's, and CD-ROM's for digital multimedia marketing and promotional campaigns. iMedia publishes proprietary and custom digital iMagazines and offers expert digital media solutions services including: strategic planning, content aggregation and production, disc audio/video design, authoring, editing and compression, disc packaging manufacturing and distribution. A key feature of iMedia's technology is its iReporting(tm) real-time, online tracking system which provides quantitative data on disc viewer usage patterns and effectiveness of iMedia marketing and promotional campaigns.
For more information on iMedia International, Inc. please contact:
Kelly R. Konzelman, Executive Vice President 1721 21st Street, Santa Monica, CA 90404 Phone: (310) 453-4499 Fax: (310) 453-6120 kellyk@imedia-intl.com Andrea Costa, Vice President ROI Group Associates, Inc. Phone: (212) 495-0200 x14 Fax: (212) 495-0746 acosta@roiny.com
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The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, general economic risks and uncertainties, and various other information detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof. Please refer to the full filing of the Company's Quarterly Report on Form 10-Q at http://www.sec.gov.