GOLDEN, Colo., March 15, 2007 (PRIME NEWSWIRE) -- HumWare Media Corporation (Pink Sheets:HMWM) is pleased to announce that the Company has signed a Letter of Intent (LOI) with FSMG Sports, LLC. Under the terms of the LOI, HumWare will acquire the assets of FSMG Sports and merge them into Timeless Sports, Inc., the Company's wholly owned subsidiary.
Founded by Ashley Dewalt and located in Houston, Texas, FSMG Sports is an interactive sports marketing company that offers professional athletes a variety of services including official website and fan club development, website maintenance, online memorabilia sales, mobile services, and much more. FSMG Sports has exclusive website rights for some of the top professional athletes including:
Hines Ward -- Pittsburgh Steelers -- Super Bowl 40 MVP - www.MVP86.com Ray Lewis -- Baltimore Ravens -- Super Bowl XXXV MCP -- www.RayLewis52.com Derrick Johnson -- Kansas City Chiefs -- www.superdj56.com Jon McGraw -- Detroit Lions -- www.jonmcgraw.com Corey Simon -- Indianapolis Colts -- www.coreysimon97.com Kenny Smith -- Former NBA Star, Current TNT Analyst -- www.kennythejet.com Lito Sheppard -- Philadelphia Eagles -- www.lito26sheppard.com
Timeless Sports, Inc., a wholly owned subsidiary of HumWare, is a premier professional athlete memorabilia and website services company. Timeless offers the ability to maximize professional athlete marketability by utilizing services such as eBay sales, apparel lines, an autograph authenticity system, fan club management, a customized Internet store and exclusive autograph appearances for fans to obtain autographs from both current professional athletes as well as retired legends. The company operates a retail memorabilia store in the upscale Flatiron Crossing Mall in Broomfield, Colorado.
"The FSMG acquisition will position Timeless Sports as one of the largest athlete website development companies in the U.S. and positions us for exponential future growth. When the acquisition is complete, Timeless Sports will boast over thirty-six professional athletes' official websites. We are looking forward to the FSMG team joining our team,'' stated Jason Patterson, President of Timeless Sports, Inc.
For more information on Timeless Sports and its products please visit http://www.timelesssportsmedia.com or http://www.timeless-sports.com.
About HumWare Media Corporation:
HumWare Media Corporation (HMWM) has diversified operations that publish Internet games and promotional business-to-consumer advertising solutions. The Company is an emerging "new media" advertising company operating the Boondoggle Sports Network. Boondoggle delivers interactive sports trivia and fantasy sports entertainment to the hospitality industry (bars, restaurants, golf courses, health clubs, and hotels). The Company also sells sports memorabilia through its wholly owned subsidiary Timeless Sports, Inc.
Safe Harbor Statement: All statements other than statements of historical fact included in this press release are "forward-looking statements". The forward-looking statements, including statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and factors that are subject to uncertainties, risk and other influences, which are outside the Company's control, and may yield results differing materially from those anticipated.