Gold River Productions, Inc. Announces the Securitization of Global Media Download Capability in Over 192 Countries
04 Octobre 2007 - 12:30PM
PR Newswire (US)
Premier Producer of Religious Themed Cellphone Ringtunes Expands
Delivery Capabilities LOS ANGELES, Oct. 4 /PRNewswire-FirstCall/ --
Gold River Production, Inc. (Pink Sheets: GRPS) announced today
that is has secured the mobile media download capability to reach
31 countries with premium content delivery via two way SMS payment
and other payment methods to an additional 192 plus territories and
countries. This allows Gold River to launch its first mobile media
website ChristianRingTunes.com and subsequent websites to allow
individual downloads of its content with billing directly through
the consumer's local or regional cell phone carrier. Gold River is
continuing its BETA testing for Christianringtunes.com, a wholly
owned subsidiary of Gold River Productions, in anticipation of the
December unveiling of its new youth driven content, new look,
website format, and the worldwide launch of its marketing campaign.
Mobile networks will provide coverage to 90 percent of the world's
population by 2010, compared with 80 percent today, predicts a
study commissioned by the GSM Association. Bruce Caplin, CEO of
Gold River said, "With the previous two years of revenue reporting
by the major US and European carriers growing at 30-50% a year,
Gold River sees the increase in its delivery systems as a key
factor in meeting our stated goals of reaching the entire world
with its entertainment projects." 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 Production, Inc. CONTACT: Investor Relations, Robert
Shaw, +1-805-643-5400, for Gold River Productions, Inc. Web site:
http://www.goldriverinc.com/
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