SMC Recordings Completes Trade Symbol Change
28 Septembre 2009 - 6:27PM
PR Newswire (US)
Independent Hip-Hop and Rap label poised for rapid growth SAN
FRANCISCO, Sept. 28 /PRNewswire-FirstCall/ -- SMC Recordings Inc.
(OTC:SMCE) Independent hip-hop/rap full-service record label SMC
Recordings has completed all necessary regulatory requirements for
the company's new public trading symbol. The publicly trading
organization will trade under the new symbol, SMCE effective
immediately. SMC previously was trading under the symbol AECZ.
According to co-founder and CEO, Ralph Tashjian, the request for
the new symbol is another step of SMC's efforts to increase public
awareness, attract additional capital needed to fund further
content acquisition and continue to expand as well as diversify
SMC. "With the proper financing, SMC is positioned for explosive
growth," explained Tashjian. "We are the model of the future."
Founded in 2005, SMC's range of artist-owned label partners include
national heavyweights such as Rakim (of Eric B. and Rakim) and
Killer Mike along with a stable of established acts such as
Atlanta's Pastor Troy, Messy Marv and The Jacka. "I'm proud to be
in partnership with SMC," said Ron Spaulding, Executive Vice
President and General Manager, Fontana Distribution. "We are
collaborating to bring the best of Hip Hop to the fans. SMC is
delivering great music and Fontana-Universal will explode these
artists into the market place. Keep an eye on us... we are coming
strong with SMC." Today, with the company's ability to thrive in
the face of a rapidly evolving music industry, SMC stays ahead of
the pack by fostering strategic alliances globally, mining emerging
revenue streams and relentlessly pursuing quality music, regardless
of genre. Website:http://smcrecordings.com/ About SMC Recordings:
Established in March of 2005, SMC Recordings is home to independent
music and artists. Based in San Francisco, CA, the company's prized
accomplishment is its unique philosophy of artist development,
where artists are encouraged to participate with the label from
inception through maintenance of their careers. This innovative
structure has garnered industry veterans to join the company and
aid in its growth. SMC is distributed by Fontana, the indie
distribution subsidiary of Universal. It is SMC's humble regional
beginnings and loyalty to their artists and their careers that will
guarantee the company to always be on the precipice of creativity
and expansion in the music game. Forward Looking Statements This
press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements in this release that are forward-looking statements are
based on current expectations and assumptions that are subject to
known and unknown risks, uncertainties, or other factors which may
cause actual results, performance, or achievements of the company
to be materially different from any future results, performance, or
achievements expressed or implied by such forward-looking
statements. Actual results could differ materially because of
factors such as the effect of general economic and market
conditions, entry into markets with vigorous competition, market
acceptance of new products and services, continued acceptance of
existing products and services, technological shifts, and delays in
product development and related product release schedules, any of
which may cause revenues and income to fall short of anticipated
levels. All information in this release is as of the date of this
release. The company undertakes no duty to update any
forward-looking statement to conform the statement to actual
results or changes in the company's expectations. DATASOURCE: SMC
Recordings Inc. CONTACT: Diane Payes, SMC Recordings, (415)
282-4466, ; Paul C. Miller, SMC Recordings, (732) 497-5736,
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