National Financial Network Issues Strongly Favorable Report on Magic Lantern Group
2004年9月9日 - 10:00PM
PRニュース・ワイアー (英語)
National Financial Network Issues Strongly Favorable Report on
Magic Lantern Group NEW YORK, Sept. 9 /PRNewswire-FirstCall/ --
Magic Lantern Group, Inc. (AMEX:GML),
(http://www.magiclanterngroup.com/), a leading international
distributor of educational content and third-generation, digital
content and e-delivery solutions, announced today that National
Financial Network, a division of National Financial Communications
Corp., has issued a strongly favorable InvestorFacts report on the
Company. The report includes a profile of Magic Lantern Group's
business operations, technology applications, strategic
partnerships and investment highlights. Interested parties can view
the report online at http://www.nfnonline.com/gml/report.html or
call 781-444- 6100 ext. 629 for reprints. Geoffrey Eiten, publisher
of the NFN InvestorFacts report, stated, "In a strategic move to
capitalize on high-return business opportunities, Magic Lantern
Group recently launched Magic Vision Digital Media (MVDM), a
division that specializes in non-traditional educational and
entertainment digital content delivery to world markets via the
Internet. MVDM is initially focused on 'Google-izing' video
streaming content in the areas of business training, human resource
compliance and sports entertainment, allowing users to search,
select and view portions of videos on-demand over the Internet.
Leveraging the Company's 75% market dominance in the Canadian
educational video market, MVDM has captured the attention of a
number of companies for the commercialization of existing and new
videos." Eiten concluded, "Magic Lantern Group's multifaceted
growth strategy to increase its market share in U.S. and
international markets is well underway. Through select
acquisitions, exclusive distribution partnerships and diversified
product offerings from MVDM, the Company is poised to drive
significantly higher future revenues, with a target of near-term
profitability, for the benefit of Magic Lantern Group's
shareholders." About National Financial Network National Financial
Network, a division of National Financial Communications Corp.
(http://www.nationalfc.com/) based in Needham, Massachusetts, is a
full-service financial communications and investor relations firm
that specializes in micro/small-cap companies. The Company's
proactive campaigns are custom designed to strengthen each client's
presence in the investment community by disseminating breaking news
and fundamental positions to spheres of influence; building upon
the client's existing shareholder base; and soliciting
institutional coverage. For more information, visit
http://www.nfnonline.com/. Disclaimer: NFN InvestorFacts, published
by National Financial Communications Corp., endeavors to supply its
readers with sound opinions and advice based on its analysis of
publicly available information from sources believed to be
reliable, but makes no representation as to its accuracy or
completeness. Opinions and advice of NFN InvestorFacts are not
based upon individual needs or investment objectives of readers nor
are they an offer to buy or sell securities. National Financial
Communications Corp. and the publisher of NFN Investor Facts have
received fees and compensation from the featured company. National
Financial Communications Corp., its affiliates and subsidiaries
and/or their officers and employees may from time to time acquire,
hold or sell a position in the securities mentioned in its
profiles. Upon request, the Company can furnish specific
information in this regard. For full disclosure information, visit
http://www.nfnonline.com/gml/disclaim.html. About Magic Lantern
Group, Inc. Magic Lantern Group, Inc. is a leading, global
distributor of learning videos serving more than 10,000 schools,
libraries and social agencies in North American and international
markets. With 40,000 programs from 300 world-renowned producers
including Disney Educational Media, Schlessinger, Annenberg/CPB and
Cerebellum Corporation, monterey media and CTV Television, the
Company's educational products include: Magic Lantern InSite(TM), a
digital streaming video product for schools, libraries and
universities and TutorBuddy(TM), an at-home e-learning product for
students and teachers. Leveraging its position as one of the most
highly respected brands in video educational delivery, the Company
is pursuing multiple sales verticals to maximize total revenues.
Magic Lantern Group operates three complementary subsidiaries:
Magic Lantern Communications, a global distributor of video content
to schools, universities and libraries; Magic Vision Digital Media,
Inc., an emerging provider of on-demand sports entertainment,
health and business digitized content; and Sonoptic Technologies, a
leading provider of online, next-generation digital technology
solutions. Contact Information: For Investor Relations, contact
Gary Geraci, National Financial Network, 781-444-6100 ext. 629,
email: and visit: http://www.nfnonline.com/gml/. At the Company,
contact Lorraine Villa, Executive Assistant to the CEO, ,
800-263-1717 ext.2450. This Press Release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The company has tried,
whenever possible, to identify these forward-looking statements
using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends," "potential" and similar expressions.
These statements reflect the company's current beliefs and are
based upon currently available information. Accordingly, such
forward-looking statements involve known and unknown risks,
uncertainties and other factors, which could cause the company's
actual results, performance or achievements to differ materially
from those expressed in or implied by such statements. The company
undertakes no obligation to update or advise in the event of any
change, addition or alteration to the information catered in this
press release including such forward-looking statements.
DATASOURCE: Magic Lantern Group, Inc. CONTACT: Gary Geraci of
National Financial Network, +1-781-444-6100 ext. 629, ; or Lorraine
Villa, Executive Assistant to the CEO of Magic Lantern Group, Inc.,
+1-800-263-1717 ext. 2450, Web site: http://www.magiclantern.ca/
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