OVATION MUSIC & STUDIOS, INC. ANOUNCES THE COMPLETION OF MERGER, NAME AND SYMBOL CHANGE
BOCA RATON, FL., February 11, 2015 – Ovation Music & Studios, Inc. formally Perfect Web Technologies, Inc., (OVMS:PINKSHEETS) (the “Company”) announces today that it has completed the merger with Perfect Web Technologies, Inc. and changed its corporate named and symbol.
On February 2, 2015, Ovation Music & Studios, http://ovationmusicstudios.com/index.php, completed the application process with FINRA that made public disclosure of its December 15, 2014 merger, and then a name and symbol change.
The Companies new management team lead by experienced music industry professional Keith De Tone, CEO & Chairman, are in the process of expanding their current business model to include live sound and recording studios with a potential for multiple location opportunities.
About Ovation Music & Studios, Inc.
Ovation Music & Studios, Inc. is a music education company that provides individual and group lessons, rehearsal studios, professional recording studios, and live performances with its Rock Shop™ and Jazz Jam™ ensembles. Ovation Music & Studios is developed for students of all ages. Their unique method provides professional musicians and teachers in one-to-one voice and instrument lessons. When the students have developed skill in the instrument as well as in music theory and ear training they are combined into rock bands and/or jazz ensembles which perform in public venues.
Forward-Looking Statements
This release may contain statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. These statements are based on current estimates and projections about the Company’s business, which are derived in part on assumptions of its management, and are not guarantees of future performance, as such performance is difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Such factors include, but are not limited to, the Company's limited operating history, ability to execute effectively its business plan, economic and political conditions, changes in consumer behavior and the introduction of competing products having technological and/or other advantage, the Company's, the limited financial resources, and conditions of equity markets. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
Ovations Music & Studios, Inc.
Contact: 917-723-1043