Gold River Productions, Inc. Announces Worldwide Delivery of Proprietary Mobile Media Delivery System
15 Août 2007 - 3:20PM
PR Newswire (US)
PROSPECTIVE ENTERTAINMENT GIANT HAS GREAT REACH IN MOBILE MEDIA LOS
ANGELES, Aug. 15 /PRNewswire-FirstCall/ -- Gold River Productions,
Inc. (PinkSheets: GRPS) announced today that it has launched a
worldwide family-oriented Christian content catalog, Christian
Ringtunes and christianringtunes.com. With nearly 2.3 billion
Christians and 2.2 billion cell phones worldwide, Gold River
Productions is positioned with christianringtunes.com to become a
leader of Christian content through wireless delivery. During
September and October 2007, Gold River Productions will be working
closely with the leading global wireless gateway platforms to
create a more user-friendly experience for consumers when
purchasing audio and visual products using their cell phones or
other wireless devices. Beta testing of the Christian Ringtunes
website, using TxtNation as its delivery platform to 28 countries,
will be completed on October 15, 2007. At that time Gold River
Productions will increase its delivery to 220 countries. Gold River
Productions is now positioned to maximize the promotion of its
motion pictures, soundtracks and artist development by using the
wireless gateway platforms that distribute mobile media. In
addition to the promotional value of using cell phones to reach
retail consumers, it is projected that Gold River Productions'
Mobile Media Division shall generate substantial revenue by selling
mobile media content throughout the world. The Gold River
Productions Executives and Advisory team believe that with the 6.5
billion dollars reported by major phone carriers for the sale of
ringtones/ realtones/ ringtunes and electronic wallpaper in 2006,
and with the $11 billion projected for 2010, this revenue is
substantial enough for Christian Ringtunes to estimate achieving a
one percent (1%) market share over the next several quarters. This
market share would equal approximately thirty-five million dollars
of revenue to Gold River Productions. Christian Ringtunes is a
wholly owned subsidiary of Gold River Productions, Inc. 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://www.goldriverinc.com/ http://www.christianringtunes.com/
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