Studio One Media Adds Public Company and Entertainment Veterans
January 29 2013 - 8:18AM
Marketwired
Studio One Media, Inc. (OTCBB: SOMD) (OTCQB: SOMD), a leading edge
entertainment and technology company, today announced that Mr.
Stanton Ross has joined its Board of Directors and Mr. Dick Wingate
has joined the Company as a senior consultant.
"On behalf of the Board of Directors, I am pleased to welcome
Stanton Ross to the Board. Stan has an excellent background with
many years of extensive business experience. "He will be a great
asset in helping the Company execute its diverse business plan
including our evolving mobile studios and our AfterMaster/ProMaster
technologies," stated Frank Perrotti, Chairman of Studio One Media,
Inc. "Additionally, we would like to welcome Dick Wingate to Studio
One. Dick provides the Company with extensive recording industry
experience and will spearhead the continued roll out of our
Aftermaster/Promaster technologies."
Stanton Ross has an extensive career in the start-up and
management of public companies and has raised over $100 million for
their operations and expansions. Mr. Ross is currently Chairman and
CEO of Digital Ally, Inc., which achieved a peak market cap of over
$150 million under his leadership. He is also Chairman and CEO of
Infinity Energy Resources, Inc., a natural resources exploration
and development company. The Company believes that Mr. Ross' broad
entrepreneurial, financial and business career and his experience
with micro-cap public companies gives him the qualifications and
skills to serve as a director.
With over three decades of experience in the recorded music and
interactive media industries, Dick Wingate currently serves as
Principal in DEV Advisors, which acts as a bridge between the
technology and entertainment industries, providing digital business
strategy, content acquisition and licensing services, access to key
relationships, market and product development, and more. As a
40-year industry veteran, he has held executive positions with
major record labels, including Columbia Records, Epic Records,
PolyGram Records and Arista Records, and has worked with legendary
artists such as Bruce Springsteen, Elvis Costello, John Mellencamp,
Aimee Mann and Sarah McLachlan, to name a few. He was a principal
in groundbreaking digital music service provider Liquid Audio,
helping to take the company public in 1999 and is a member of NARAS
(Grammys), an advisory board member of Myxer, Nimbit, Songza,
Music180.com and Front Row Networks, and a board member of Big
House Publishing.
About Studio One Media, Inc. Studio One
Media, Inc. ("Studio One") is a diversified media and technology
company with offices in Scottsdale, Arizona and Hollywood,
California. Studio One is engaged in the research and development
of proprietary, leading-edge audio and video technologies for
professional and consumer use. Studio One subsidiaries and
divisions include MyStudio, Inc., AfterMaster Audio Labs, Inc. and
MyStudio Music. Studio One has entered into licensing agreements
with Sony/ATV Music Publishing, Universal Music Publishing Group,
EMI Music Publishing, BMG Chrysalis and strategic relationships
with Mark Burnett Productions, RealtyWanted.com, Back Stage
Casting, Simon Cowell's "The X Factor" and Tyra Bank's "America's
Next Top Model." For more information go to www.mystudio.net.
Forward-Looking Statements This press
release includes certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on the current expectations or beliefs
of management of Studio One Media, Inc. and are subject to
uncertainty and changes in circumstances. Actual results may vary
materially from those expressed or implied by the statement herein.
They are neither statements of historical fact nor guarantees or
assurances of future performance. Important factors that could
cause actual results to differ materially from the statements made
herein are: (1) changes in economic, business, competitive,
technological and/or regulatory factors, (2) failure to receive
stockholder approval of certain actions, if required, (3) failure
to compete in a rapidly changing marketplace, (4) failure to retain
key employees, (5) failure to raise adequate capital to support the
growth and operations of the Company, and (6) other factors
affecting the operation of the business of Studio One. More
detailed information about these and other factors that may affect
current expectations may be found in filings by Studio One as
applicable, with the Securities and Exchange Commission, including
its most recent Annual Report on Form 10-K and its Quarterly
Reports on Form 10-Q. Any forward looking statement contained in
this press release by Studio One speaks only as of the date on
which it is made. Studio One is under no obligation to, and
expressly disclaims any such obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Media Contact: Anna Madrid MyStudio | AfterMaster |
ProMaster amadrid@studioonemedia.com Office: 310-657-4886 Cell:
480-559-4711
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