2008-10-28 16:26:30 -
www.archeremc.com, (ISIN US039490107), announced today the signing of a Letter of Intent to acquire the intellectual property owned by White Bear Productions, Inc., of New York, an edu-tainment-oriented print and Internet property designed to recruit children globally in the campaign against climate change. The transaction is now undergoing Due Diligence.
Charles Baxter, President of White Bear Productions, said 'I am delighted to associate our vision with that of Archer, as their global reach via the Internet and other distribution points, will assist us in bringing, in multiple languages, what we hope are millions of children everywhere on this planet into the issue that will face them as they grow into adults. Archer will also provide us with a platform for educational games, contests, a Global Warming News Center, and a Science & Learning Center.'
Michael Selsman, Archer CEO, noted, 'White Bear, and its emphasis on the outstanding health and perhaps survival issue of our time, synchronizes perfectly with Archer's mission, which is to bring education and entertainment to global audiences.
We are as concerned as any government or purveyor of information that we leave this world in better condition than we found it. Our Actorvist virtual social network, found on our global search engine, www.archer.12buzz.com, similar to MySpace or Facebook, will play a leading role.'
Archer plans to produce a White Bears television series for the Internet with a branded series of characters, and a story aimed at children and adults, as was Charles Schultz's 'Peanuts,' and will syndicate print versions via cartoons, greeting cards, published collections, and has plans for periodic, sponsored over-the-air TV specials.
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For more information Contact:
Archer Entertainment Media Communications, Inc.
Linda Scott, Information Director
May Ho, Assistant to Ms. Scott
+ 852.2251.8300
lscott@archeremc.com
www.archeremc.com
About: Archer Entertainment Media Communications Incorporated is a vertically integrated global entertainment and media company engaged in the production, delivery, distribution and exhibition of digital content through various platforms including Internet, IPTV, Satellite to PC TV, Video-on-Demand (VOD) and Pay-Per-View (PPV). Archer has created a digital infrastructure leveraging existing Internet assets and resources providing a secure, complete, end-to-end digital solution exclusively focusing its interests in China, Southeast Asia and the United States.
Forward Looking Statements: Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
