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Magic Lantern Group Diversifies Operations With Launch of Magic
Vision Digital Media Division
NEW YORK, May 13 /PRNewswire-FirstCall/ -- Magic Lantern Group, Inc. , a
leading North American distributor of educational content and e-learning
delivery systems with operations in Canada and the U.S., announced today that
the Company has diversified its operations into non-educational, next
generation content delivery with the launch of its Magic Vision Digital Media
division.
Magic Vision Digital Media is geared to non-traditional education video
streaming using the Company's proprietary VideoBase technology to provide
content such as business training; human resource compliance; health and
medical; sports and entertainment straight into the home via a desktop
computer. Judy Piktelis has been named Managing Director for Magic Vision
Digital Media. Prior to joining Magic Lantern Group, Ms. Piktelis held key
executive roles for several Fortune 1000 companies in the United States. Ms.
Piktelis brings more than 20 years of experience in retail branding and
marketing.
Magic Lantern Group President and CEO Bob Goddard stated, "We are extremely
pleased to officially launch our Magic Vision Digital Media division under the
direction of Judy Piktelis. Judy has the strong leadership skills and creative
tenacity to spearhead Magic Lantern Group's move into non- educational digital
video delivery. On-demand digital streaming video represents nearly unlimited
growth opportunities for the Company and can position us to rapidly scale our
business in the U.S. and international markets. We have a number of exciting
projects underway, which will position us to create distinct new revenue
sources for the Company."
Managing Director of Magic Vision Digital Media, Judy Piktelis, stated, "Magic
Lantern Group has achieved tremendous success in the educational video sector
and I am extremely pleased to leverage their technology expertise towards
penetrating some of today's hottest digital content sectors, including
corporate compliance training video and in-home sports entertainment. I look
forward to collaborating with the Magic Lantern Group in facilitating a new
global market reach for the Company."
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 Dorling Kindersley, 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. For more information,
visit the Company's websites: http://www.magiclanterngroup.com/,
http://www.tutorbuddy.com/, and http://www.magiclanterninsite.com/.
For more information: For investor relations, contact Gary Geraci, National
Financial Network, 781-444-6100 ext. 629, email: . Also visit
http://www.magiclantern.ca/. At the Company, contact Bob Goddard, Magic Lantern
Group, Inc., 905-827-2755 ext. 454, .
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: Investor: Gary Geraci, National Financial Network,
+1-781-444-6100, ext. 629, , for Magic Lantern Group, Inc.;
or Bob Goddard, Magic Lantern Group, Inc., +1-905-827-2755, ext. 454,
Web site: http://www.magiclanterngroup.com/
http://www.tutorbuddy.com/
http://www.magiclanterninsite.com/