Business
eMedia Networks International Corporation - New Contract with Bata Limited
eMedia Networks International Corporation - New Contract with Bata Limited.
About this update from Giyani Metals Corp
[{"type":"text","content":"\n\n\n\nTSX Venture: EMM\n\n\nVANCOUVER, March 9 /CNW/ - eMedia Networks is pleased to announce a new\n36-month contract with Ontario-based Bata Limited to supply their Athletes\nWorld retail stores with custom foreground music. Commencing March 1, 2007,\nthis contract adds over $200,000 to eMedia's existing recurring revenue stream\nfrom similar National and Regional retail chains.\n\n\nAbout Athletes World\n\n\nSince opening their first retail store in Canada in 1978, Athletes World\nhas evolved to service a rapidly growing athletic footwear market. With over\n150 stores across Canada, Athletes World continues to provide branded and\nprivate label athletic and casual footwear, apparel and accessories.\n\n\nAbout eMedia Networks\n\n\neMedia Networks is Canada's leading supplier of licensed background (or\n"in store") music played in public spaces. eMedia's client base includes many\nnational retail and restaurant chains including Roots Canada, Le Chateau, Body\nShop and International Clothiers. Background music consists of CD quality\nartist recordings that are played in retail and restaurant establishments and\nother public venues to enhance and define a client's brand image and as a\nsales enhancement tool. The Company has annual recurring revenue of about 1.2\nmillion dollars and issued shares totaling 13,066,895.\n\n\nOn behalf of the Board of Directors\n\n\n(signed)\n\n\nDarren Reiter\n\n\nCEO\n\n\n(signed)\n\n\nJasvir Athwal\n\n\nPresident & CFO\n\n\nThe TSX Venture Exchange (or any other regulatory authority body) has not\n\n\nreviewed the foregoing and therefore does not accept responsibility for\n\n\nthe adequacy or accuracy of this release.\n\n\n-------------------------------------------------------------------------\n\n\nDisclaimer: this news release may contain certain "forward-looking"\n\n\nstatements." All statements, other than statements of historical fact,\n\n\nincluded herein are forward-looking statements that involve various risks\n\n\nand uncertainties. There can be no assurance that such statements will\n\n\nprove to be accurate, and actual results and future events could differ\n\n\nmaterially from those anticipated in such statements. Important factors\n\n\nthat could cause actual results to differ materially from the Company's\n\n\nexpectations are disclosed in the Company'...