NEW YORK, March 6, 2006 (PRIMEZONE) -- DME Interactive Holdings, Inc. (Pink Sheets:DMHD), a multimedia company with an ethnically diverse perspective used to tap both minority and mainstream markets, is pleased to announce it has appointed Reggaeton Mogul Nelson Diaz as President of its subsidiary Ritmo Tunes. Ritmo Tunes serves as the Latin music portal and digital distributor of mobile content such as ring tones, ring backs, wallpapers, games and software for mobile communication devices.
Nelson Diaz, also known as DJ Nelson, has extensive experience and a vast network of contacts within the Reggaeton Industry. Currently, Mr. Diaz is one of Reggaetons' top producers and DJ's, and is globally recognized as the "Founding Father of Reggaeton".
Mr. Diaz has built an extensive portfolio of Reggaeton properties which includes:
-- Flow Music - One of the top Reggaeton record labels -- Club Flow - One of the most popular night clubs in Puerto Rico -- Flow Wear - One of hottest clothing lines in Puerto Rico -- MIX 107.7 - Puerto Rico's Reggaeton radio station
Mr. Diaz's music label, Flow Music, has produced hit after hit, and has signed some of the Nations top Latin artists. Mr. Diaz is also credited with discovering talents such as Luny Tunes, and has produced many of Tego Calderon's chart topping hits. Currently DJ Nelson is producing tracks on rising stars Tego Calderon and Don Omar's forthcoming albums.
In his role as President of Ritmo Tunes, Mr. Diaz will be responsible for the Company's marketing, content distribution partnerships and worldwide acquisitions. Further, Mr. Diaz will ensure that Ritmo tunes remains a leading edge property that can quickly capitalize on emerging trends.
"The focus of Ritmo Tunes is to establish a reputation as the premier provider of Latin digital content," said Nelson Diaz, President, Ritmo Tunes. "It is my goal to cater to the Latin urban youth market, and others who enjoy Latin music, with top-notch music and content to satisfy all their digital, online, and mobile community needs."
DME Interactive Holdings, Inc. CEO, Darien Dash, stated, "We are extremely excited about the appointment of Nelson Diaz as the president of Ritmo Tunes.. I believe that Ritmo Tunes will benefit greatly from his vision and leadership as Mr. Diaz brings both experience and connections to the table. His addition will allow us to take advantage of the rapidly growing Reggaeton demographic."
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About DME Interactive Holdings, Inc.
Founded in August 1994, DME Interactive Holdings is an ethnically diverse multimedia company with controlling interest in three subsidiaries: Ritmo Tunes, The Girls Entertainment, and StiloStilo. More specifically, through its subsidiaries DME Interactive focuses on the convergence of high tech multi-media applications and its growing use and acceptance by ethnically diverse groups. DME Interactive has the unique ability to target and cater to minority groups which have traditionally been an under serviced demographic. This type of access is highly sought after by major media firms, with whom DME Interactive intends to partner with in order to deliver their message and market their offerings.
Note on Forward-Looking Statements:
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. DME Interactive Holdings, Inc. undertakes no obligation to update publicly any forward-looking statements.