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Magic Lantern Group CEO Featured on MacReport.net
NEW YORK, Sept. 10 /PRNewswire-FirstCall/ -- Magic Lantern Group, Inc.
(AMEX:GML), (http://www.magiclanterngroup.com/), a leading international
distributor of educational content and third-generation, digital content and
e-delivery solutions, announced today that Company CEO Bob Goddard was
interviewed by the MacReport.net. To access the interview, interested parties
should visit http://www.macreport.net/featured/GML/company.asp and choose
"Audio Update 8/26/04" or see http://www.nfnonline.com/gml.
Goddard discusses the Company's focus on penetrating new sales verticals that
leverage the power of its digital video streaming and indexing technology. Over
the past 60 days, the Company has embarked upon marketing its technology
applications through its newly formed division Magic Vision Digital Media
(MVDM). MVDM is pioneering the concept of "Google-ized" videos in areas
traditionally unexplored by video streaming and indexing, such as business
education and training, health and medical, and sports and entertainment.
Goddard stated that the Company is "very actively engaged with several
professional sporting teams interested in adding sales verticals" to their
broadcasting capabilities, including subscription based, re-broadcasting of
games. The Company sees MVDM as one of the major driving forces of its
anticipated growth moving forward.
About The MacReport.Net, Inc.
The MacReport.Net is an information and media company that provides a Web-
based forum for public and private issuers to communicate corporate audio and
video news content to the business, financial and investing community through
its Web site, located at http://www.macreport.net/. The MacReport.Net also
provides a hassle free, month to month client care program which depending upon
the service package may include unlimited press releases, email direct
marketing, a feature rich communications platform and web hosting, networking
and consulting solutions. The company further plans to provide creative and
production services to develop visual events ranging from live coverage of
merger announcements to public relations campaigns to new product
introductions.
About Magic Lantern Group, Inc.
Magic Lantern Group, Inc. is a leading, global distributor of learning videos
serving more than 10,000 schools, libraries and social agencies in North
American and international markets. With 40,000 programs from 300 world-
renowned producers including Disney Educational Media, Schlessinger,
Annenberg/CPB and Cerebellum Corporation, monterey media and CTV Television,
the Company's educational products include: Magic Lantern InSite(TM), a digital
streaming video product for schools, libraries and universities and
TutorBuddy(TM), an at-home e-learning product for students and teachers.
Leveraging its position as one of the most highly respected brands in video
educational delivery, the Company is pursuing multiple sales verticals to
maximize total revenues. Magic Lantern Group operates three complementary
subsidiaries: Magic Lantern Communications, a global distributor of video
content to schools, universities and libraries; Magic Vision Digital Media,
Inc., an emerging provider of on-demand sports entertainment, health and
business digitized content; and Sonoptic Technologies, a leading provider of
online, next-generation digital technology solutions.
Contact Information: For Investor Relations, contact Gary Geraci, National
Financial Network, 781-444-6100 ext. 629, email: and visit:
http://www.nfnonline.com/gml/. At the Company, contact Lorraine Villa,
Executive Assistant to the CEO, , 800-263-1717 ext.2450.
The MacReport.net has received three thousand dollars as compensation from a
third party, National Financial Communications Corp., for the MacReport
profile. Statements included within the MacReport.net site that are not
historical in nature constitute forward-looking statements for the purposes of
the safe harbor provided by the Private Securities Litigation Reform Act of
1995. Users of our site are cautioned that any information on this contains
certain such forward-looking statements that involve substantial risks and
uncertainties. When used, the words "anticipate," "believe," "estimate,"
"expect," and similar expressions as they relate to any company or its
management are intended to identify such forward-looking statements. Each
company's actual results, performance or achievements could differ materially
from the results expressed in, or implied by, these forward looking statements.
Further management discussion of risks and uncertainties can be found in each
company's quarterly filing with the Securities Exchange Commission and other
periodic filings.
This Press Release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The company
has tried, whenever possible, to identify these forward-looking statements
using words such as "anticipates," "believes," "estimates," "expects," "plans,"
"intends," "potential" and similar expressions. These statements reflect the
company's current beliefs and are based upon currently available information.
Accordingly, such forward-looking statements involve known and unknown risks,
uncertainties and other factors, which could cause the company's actual
results, performance or achievements to differ materially from those expressed
in or implied by such statements. The company undertakes no obligation to
update or advise in the event of any change, addition or alteration to the
information catered in this press release including such forward-looking
statements.
DATASOURCE: Magic Lantern Group, Inc.
CONTACT: Gary Geraci of National Financial Network, +1-781-444-6100
ext. 629, ; or Lorraine Villa, Executive Assistant to the
CEO of Magic Lantern, +1-800-263-1717 ext.2450,
Web site: http://www.magiclantern.ca/