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Distribution Press Releases

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Distribution

We have 6 pages of Distribution Press Releases.

1.) RMD Entertainment Group: RMD Group & Massive G Media Formalize Groundbreaking Joint Venture

RMD Entertainment Group (PINKSHEETS: RMDN) and Massive G Media Corp., (PINKSHEETS: MSGM) announced today the cementing of a Joint Venture Agreement ("JV d/b/a MOTV") between the majority shareholders of RMDN, MSGM, Mecanismo (USA) Corp., and an unnamed private equity group. The JV will distribute MOTV Hip Hop programming on Cable, Internet, IPTV and Cell Phones/PDAs.

The JV d/b/a MOTV is unique because of its irreverent, highly stylized program content that can be experienced on multiple media platforms. The JV has been demonstrating a layering technique of combining, initiating and dynamically fine tuning a campaign with MOTV content, adding the ability to accurately target cable subscribers (in some cases down to a single zip co...

2.) Fuego Entertainment: Update: Fuego Entertainment Announces New Sales Revenues From Its Music Content

Fuego Entertainment, Inc. (OTCBB: FUGO) today announces that for the first calendar quarter of 2007, its music division, Fuego Entertainment Music International (FEMI), has sold over 18,500 music CDs to various distributors and retail outlets around the world. These sales represent over $175,000 in revenue for Fuego Entertainment and are the direct results of the music content previously licensed from Ciocan Music's existing catalog.

These sales do not include the new releases. These sales also do not include the Company's sales efforts in the digital distribution of music, sound recordings, and video content as a result of Fuego's exclusive agreement with Digital Music Group, Inc. (NASDAQ: DMGI). Fuego's management believes that the digit...

3.) GTREX Capital, Inc.: GTREX Capital Announces Appointment of Steven R. Peacock as Consultant CEO

GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiaries doing business in the travel industry, today announced that the Board of Directors has appointed Steven R. Peacock to the position of consultant chief executive officer for the company. Mr. Peacock, managing director of Javelin Advisory Group, a business development and management firm, will report to the Board and provide assistance with the growth of GTREX Capital and its wholly owned subsidiary, Global Travel Exchange.

The focus of Mr. Peacock's initial work will be to work directly with company president Ron Lindsay to build the company's infrastructure and facilitate long-term growth and stability. He will also help to develop long-range strategy for partnerships, joint ventures, mergers and acquisitions, including the potential for large acquisitions, and scaling GTREX Capital into a...

4.) Fuego Entertainment: Fuego Entertainment Announces New Sales Revenues From Its Music Content

Fuego Entertainment, Inc. (OTCBB: FUGO) today announces that for the first calendar quarter of 2007, its music division, Fuego Entertainment Music International (FEMI), has sold over 18,500 music CDs to various distributors and retail outlets around the world. These sales represent over $175,000 in revenue for Fuego Entertainment and are the direct results of the music content previously licensed from Ciocan Music's existing catalog.

These sales do not include the new releases. These sales also do not include the Company's sales efforts in the digital distribution of music, sound recordings, and video content as a result of Fuego's exclusive agreement with Digital Music Group, Inc. Fuego's management believes that the digital distribution market will represent a significant future revenue stream for the Company.

In the past few months since launching FEMI, ...

5.) eMusic: eMusic Momentum Continues; Tops 300,000 Subscribers

eMusic, the world's largest retailer of independent music and the world's second largest digital music service after iTunes, continues its forward momentum: today the service announced that its subscriber base has topped 300,000 and that its global catalogue has reached 2.5 million tracks. The new subscriber tally comes approximately four months since eMusic hit the 250,000 subscriber mark.

"Consumers are now shaping the music industry," said eMusic President and CEO David Pakman. "They determine whether an artist is successful or not, what format music should take, and how much it should cost. eMusic's success to date demonstrates that there are many consumers out there unsatisfied by the mainstream who are interested in buying music they love that's well-priced, and in a format that plays on any device."

eMusic is continually adding to its genre-spanning catalogue of independent music. It now boasts more than 13,000 independent labels, including celebrated world music l...

6.) Socket Mobile, Inc.: Socket Mobile Introduces Family of 2D Bar Code Scanners

Socket Communications, Inc. (NASDAQ: SCKT), dba Socket Mobile, Inc., an innovative provider of mobile productivity products, extends its industry leadership with the introduction of the Socket CompactFlash Scan Card 5X, a high-performance, stacked-linear bar code scanner. It is the first device in a new line of Socket 2D bar code scanners designed to address the fast-growing market for 2D and omni-directional bar code scanning. Future versions in the family line will include the Socket Cordless Hand Scanner 7X and the Socket Cordless Ring Scanner 9X.

"With the promise of increased efficiency and regulatory mandate compliance, the number of applications that require high-performance, 2D bar code scanning capabilities continue to grow," said Bob Zink, senior vice president of worldwide sales and marketing at Socket Mobile, Inc. "Combined with the Socket SoMo 6...

7.) MedaSorb Technologies Corporation: MedaSorb Appoints Dr. Edward R. Jones, MD, MBA to Board of Directors

MedaSorb Technologies Corporation (OTCBB: MSBT) announced today the appointment of Dr. Edward R. Jones, MD, MBA to its Board of Directors, effective April 9, 2007. Dr. Jones is an attending physician at the Albert Einstein Medical Center and Chestnut Hill Hospital as well as Clinical Professor of Medicine at Temple University Hospital.

Al Kraus, President and CEO of MedaSorb Technologies Corporation, said, "Bringing Dr. Jones on board is an affirmation of our commitment to take our CytoSorb™ device through testing to market. His valuable experience with the research community and management of medical research programs will be a great asset to us." Dr. Jones is a practicing nephrologist as well as medical director of a dialysis facility for Fresenius Medical Care. He teaches renal pathophysiology at Temple and at the Philadelphia College of Osteopathic...

8.) Given Imaging: Given Imaging and Fujinon Corporation Sign Global Strategic Collaboration

Given Imaging Ltd. (NASDAQ: GIVN), the global leader in capsule endoscopy, and Fujinon Corporation, a global leader in optical technologies and endoscopic equipment, today announced the signing of a strategic agreement. The goal of the agreement is to build closer collaboration between the companies in research and development, component sourcing, marketing and product distribution worldwide except in Japan.

Under the terms of the agreement, Given Imaging and Fujinon will collaborate to develop future products for the gastrointestinal endoscopy and diagnostic field.

The agreement also grants Fujinon non-exclusive rights to distribute Given Imaging's capital equipment and small bowel products including Given Imaging's RAPID workstation and data recorders, PillCam SB, and Agile Patency capsules in certain countries worldwide, which will be determined by the...

9.) Greenberg Traurig: Jeffrey H. Wolf Recognized as a Franchise 'Legal Eagle'

Jeffrey H. Wolf, a shareholder in the Phoenix office of the international law firm Greenberg Traurig, has been named by his peers as one of the best franchise lawyers in the United States for a third consecutive year.

Wolf is one of the 125 lawyers selected for this year's "Legal Eagles" list, which is published by Franchise Times, the franchise industry's leading trade magazine. "Legal Eagles" are nominated by leading franchisors and other lawyers who work in the franchise industry. Those listed were acknowledged for their attention to their clients and their clients' businesses, as well as possessing outstanding legal skills. A complete list appears in the April 2007 issue of Franchise Times.

Wolf is co-chair of Greenberg Traurig's national franchise and distribution practice. He focuses his practice on representing franchisors and product manufacturers in arbitrations, litigation and appeals throughout the United States. Wolf's clients cover a broad range of business sectors...

10.) Patron Systems: Patron Systems Reports Full Year 2006 Financial Results

Patron Systems, Inc. (OTCBB: PTRN), a leading provider of application software and services focused on business process management for the public sector, today reported financial results for the year ended December 31, 2006.

Revenue for the full year 2006 was $1,188,045, up 564% compared to revenues of $178,821 in 2005. The growth in revenue reflects increasing adoption of the Company's software solution, FormStream. Revenues reflect the Company's decision to divest its PolicyBridge business, which has been classified as a discontinued operation since December 31, 2006.

Operating loss for the year ended December 31, 2006 was $3,211,705 compared with a loss of $23,446,113 for the comparable full year of 2005. Operating expense for 2006 was $4,251,799 compared to $23,405,761 in 2005.

Net loss from continuing operations before taxes for the year ended Dec...


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