Gold River Productions, Inc. Announces Beta Testing of its Proprietary Mobile Media Delivery System
19 Juin 2007 - 4:28PM
PR Newswire (US)
PROSPECTIVE ENTERTAINMENT GIANT DELIVERING MOBILE MEDIA LOS
ANGELES, June 19 /PRNewswire-FirstCall/ -- Gold River Productions,
Inc. (Pink Sheets: GRPS) has completed beta testing of its new
mobile media delivery system. Over the course of the past year, the
management team of Gold River Productions has actively built an
extensive, exclusive, content library. Gold River is positioned for
worldwide distribution of all its media delivery; as of today we
are poised to deliver content to 28 countries around the world. Due
to the dynamic content available, the library must be kept
confidential until commercial release. However, given the
creativity and knowledge of the management team, Gold River is sure
that the 2.2 billion cell phone users will not be disappointed.
Over the past three years, the mobile media market has had an
explosion of success as most, if not all, wireless
telecommunications companies have seen their revenues increase
substantially. Global premium mobile content market revenue rose to
$6.4 billion in 2006, up from $4.5 billion in 2005, with $600
million of that representing the United States. CEO Bruce Caplin
says, "Gold River Productions sees the opportunity to enter into
this market and grow its market share steadily over the next
several quarters." The mission statement of Gold River management
is simply "to increase the value of our shares," and with the
mixture of rich media in film, music, web and mobile, we are sure
that Gold River Productions' business plan will achieve that
statement. About Gold River Productions, Inc. Gold River
Productions, Inc. is an entertainment company focused on low-budget
feature films, audio/video mobile media and internet production
with accompanying artist/soundtrack production, promotion, and
distribution. Based in Ventura, CA, the company is positioned to
realize optimal financial returns from five (5) profit centers:
low-budget films, audio/video mobile media, soundtracks, a record
label (United Network Music Group), and marketing/distribution
arrangements with third-party filmmakers. Safe Harbor Statement
This press release contains forward-looking statements. All
forward-looking statements involve risks and uncertainties,
including, without limitation, the risks detailed in the Company's
filings and reports with the Securities and Exchange Commission.
Such statements are only predictions, and actual events or results
may differ materially from those projected. DATASOURCE: Gold River
Productions, Inc. CONTACT: Investor Relations, Sarah Monahan of
Baron General Capital LLC, +1-610-628-6360, for Gold River
Productions, Inc.; or Robert Shaw of Gold River Productions, Inc.,
+1-805-643-5400 Web site: http://goldriverinc.com/
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