New on the InvestSource Index: Archer Entertainment Media Communications, Inc. and Lisa Olson Joins infoGROUP's Leadership Team
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City of Industry, CA --(www.USEquityNews.com)-- 10/02/2008 - Entertainment industry alert provided by U.S. Equity News. InvestSource, Inc., a multimedia relations/investor relations firm specializing in bringing small- and micro-cap issuers to the attention of the broader public, announced recently that it has added Archer Entertainment Media Communications, Inc. (Other OTC:AEMC.PK) to its rapidly growing "InvestSource Index" of publicly traded securities. Archer Entertainment is the latest in a line of companies to recognize the potential benefits of placement in the InvestSource Index, a robust and feature-rich platform that incorporates the latest communications tools to create the most interactive environment for issuers and investors to interact, research, and communicate. A full profile of Archer Entertainment Media Communications, including expanded company description, trading charts, and market highlights, is now available on the InvestSource website at: www.investsourceinc.com.
VisionChina Media Inc. (Nasdaq: VISN), one of China's largest mass transportation mobile television advertising networks, recently announced that it has signed an exclusive contract with Shanghai Shentong Metro Asset Operation and Management Corporation, the asset management arm of Shanghai Metro, to act as the exclusive advertising agent for Shanghai Metro Line 6. With the addition of this line, VisionChina Media now has the exclusive right to provide planning, production, sales and placement services to Shanghai Metro's digital screens installed on the platforms of three of Shanghai's eleven subway lines. This new contract with Shanghai Metro enables VisionChina Media to expand its presence in Shanghai, where, according to the Shanghai municipal government, over 12 million people use public transportation daily. "We are very pleased with our new contract that deepens our penetration into the Shanghai subway system," said Limin Li, chairman and chief executive officer of VisionChina Media. "The addition of this third line builds on our break-through contracts with Shanghai Metro Lines 8 and 9 signed this past July, and increases our coverage to more than 25% of Shanghai's subway lines, fortifying our position as one of the strongest players in Shanghai's out-of-home advertising industry." He continued, "With this strategically important contract, we remain on track with our expansion and penetration plans for 2008 and are well positioned for solid growth going forward."
infoGROUP (NASDAQ:IUSA), the leading provider of proprietary business and consumer databases, sales leads, direct marketing, email marketing and global information solutions, announces the appointment of Lisa Olson as the Senior Vice President of Corporate Relations. In this role, she will be responsible for investor relations, public relations, internal communications, government and community relations. Over the past several months, she has been working with infoGROUP's Board of Director's Special Litigation Committee and recently accepted the full-time position with the Company. She will report directly to infoGROUP's new Chief Executive Officer, Bill Fairfield. Bill Fairfield, Chief Executive Officer of infoGROUP, commented: "Lisa has over 20 years of experience in the areas we are asking her to be responsible for and we are very pleased to welcome her to the infoGROUP team. She has a proven track record in large industries and will help ensure the key audiences are communicated to regarding infoGROUP's business."
Point.360 (Nasdaq: PTSX), a leading provider of integrated media management services, recently announced that it has entered an agreement to acquire the assets of CenterStaging Musical Productions, Inc., which agreement is subject to approval in CenterStaging's pending Chapter 11 bankruptcy case. CenterStaging is one of the largest independent providers of production rehearsal and support services for live musical performances and television events. Haig S. Bagerdjian, the Company's Chairman, President and Chief Executive Officer said: "CenterStaging's customers include recording artists, television networks, production companies and studios that use the space and expertise of CenterStaging in the same manner as owners of content use the talent and facilities of Point.360 to service their masters. The potential acquisition will bring us approximately $7 million of new revenue opportunities, new customers in a new segment of the entertainment industry and the opportunity to cross-sell the services of Point.360 and CenterStaging."
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