SEATTLE, April 5, 2005 (PRIMEZONE) -- NetMusic Entertainment Corporation (Pink Sheets:NTMT) announces today its partnership with IMC (Internet Marketing Consortium). After an extensive meeting with Beryl Wolk, founder of IMC, Michael Lewison, Pres. & COO and Jeff Falus, CFO of NetMusic recognize the propitious opportunities the joint venture can yield, specifically, the creation of the Ultimate NetMusic Consortium.
According to Lewison, "Beryl is truly a marketing genius, and partnering with IMC will ad tremendous value to all of NetMusic's lines of business. The synergy and leverage we anticipate from this relationship will no doubt deliver opportunities for NetMusic to market its products and services to millions of consumers around the globe. We expect to be making a number of announcements covering upcoming initiatives with Beryl and IMC in the coming weeks."
Through this joint venture NetMusic will provide the delivery of digital content including over 4000 music labels, audio lunch box, and Ultimate Juke Box to become collectively a part of the Ultimate NetMusic Consortium. The partnership coincidentally yields a synergistic method of marketing for both powerhouse corporations, through a series of intense Internet marketing campaigns.
IMC was developed by marketing genius Beryl Wolk. Wolk developed his family business (also know as Beryl's World) founded in 1929, which today comprises 21 autonomous companies, 1,250 employees, with major facilities in four states.
Wolk's corporate complex is involved in a variety of multimedia marketing fields and endeavors; his emphasis focuses on developing unique targeted media. Targeted media evolved into a series of unique integrated, multi-media marketing. Beryl Wolk was the first to use newspapers for the distribution of direct response marketing in a magazine format (Family Guide Newspaper Inserts).
His recent major accomplishment is the creation of the Internet Marketing Consortium with 620 Joint Ventures and I billion + hits a month. IMC will create an extensive, supremely aggressive Internet marketing campaign for NetMusic and the Ultimate NetMusic Consortium.
About NetMusic:
Edmonds, Washington-based NetMusic Entertainment (http://www.netmusic.com/) is a global digital media company focused on providing consumers entertainment on their own terms: anytime, anywhere. The company offers digital music downloads, digital jukeboxes, video-on-demand and online video rental services across the globe. NetMusic also offers the largest online collection of independent music in the world -- a licensed catalog of over one million tracks, incorporating 4000 plus labels. Recently, the company announced plans for the acquisitioning of licensing to the catalogues of the largest recording companies in the industry as well as plans to launch a video-on-demand service. Investors interested in obtaining more information about the company are invited to visit: (http://www.netmusic.com/corp/).
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although NetMusic Entertainment Corporation believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by NetMusic Entertainment Corporation or any other person that the objective and plans of NetMusic Entertainment Corporation will be achieved.