WHITE PLAINS, N.Y., June 13, 2008 (PRIME NEWSWIRE) -- AFA Music Group, Ltd. (Pink Sheets:AFAO) is pleased to announce that the Company's officers and Board of Directors have appointed Mr. Marc Jablon as the new Chairman of the Board. Mr. Jablon has managed over 100 public relations campaigns over six years and has started a number of profitable companies. He brings extensive consulting, management and public relations experience and will assume full operational responsibility for the Company, effective immediately.
AFA Music Group, Ltd. is currently exploring a number of companies that meet its acquisition criteria and is particularly targeting technology companies with viable growth potential in a high-profile market with a strong management team in place.
A graduate from the State University of New York at Plattsburgh with a B.S. in Marketing, Mr. Jablon moved to Orlando, Florida in 1996 and started his career working for the Disney Corporation. He later went on to work in the investor relations industry and created Big Apple Consulting, where he currently serves as President and Chairman of the Board. Mr. Jablon also holds the position of CEO and Director of Management Solutions International (MSI), a full service business and consulting firm, and serves as a director on the boards of several other companies.
"I am thrilled to have the opportunity to lead this team as the Company embarks on its next critical stage of development. We will immediately begin searching for technology acquisition candidates that meet our criteria," stated Marc Jablon, Chairman of AFA Music Group, Ltd.
About AFA Music Group, Ltd.:
AFA "Artists for Artists" is a talent development and management agency. Since being founded in 2005, and based on its philosophy, AFA has attracted a roster of 10 "major-quality" recording artists. AFA Music Group plans on simultaneously acquiring various music-publishing assets and to begin developing its own catalogue of artists and albums. AFA retains equity positions with all of its artists, which include all income streams that are generated by these artists. These income streams include recording royalties, merchandise, sponsorship, touring, music publishing, Internet downloads and ringtones.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.