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TSX Venture: EMM
VANCOUVER, Feb. 23 /CNW/ - eMedia Networks is pleased to announce that based on a survey of Canadian shoppers, Le Chateau has been granted the favourite in-store music "bronze bag award" by LOULOU Magazine. Le Chateau has been an eMedia Networks client for over six years. This accolade reinforces the acceptance of our industry-leading technology and custom music expertise. Le Chateau is a leading Canadian retailer of apparel, accessories and footwear and is a publicly traded company on the Toronto Stock Exchange (TSE: CTU.A). eMedia Networks currently supplies nearly 200 Le Chateau locations with custom foreground music via its proprietary eMplayer platform.
About eMedia Networks
eMedia Networks is Canada's leading supplier of licensed background (or "in store") music played in public spaces. eMedia's client base includes many national retail and restaurant chains including Roots Canada, Le Chateau, Body Shop and International Clothiers. Background music consists of CD quality artist recordings that are played in retail and restaurant establishments and other public venues to enhance and define a client's brand image and as a sales enhancement tool. The Company has annual recurring revenue of about 1.2 million dollars and issued shares totaling 13,066,895.
On behalf of the Board of Directors
(signed)
Darren Reiter
CEO
The TSX Venture Exchange (or any other regulatory authority body) has not
reviewed the foregoing and therefore does not accept responsibility for
the adequacy or accuracy of this release.
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Disclaimer: this news release may contain certain "forward-looking"
statements." All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors
that could cause actual results to differ materially from the Company's
expectations are disclosed in the Company's documents filed from time to
time with the TSX Venture Exchange and the British Columbia Securities
Commission.
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