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National Financial Network Issues Strongly Favorable Report on
Magic Lantern Group
NEW YORK, Sept. 9 /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 National Financial Network, a
division of National Financial Communications Corp., has issued a strongly
favorable InvestorFacts report on the Company. The report includes a profile
of Magic Lantern Group's business operations, technology applications,
strategic partnerships and investment highlights. Interested parties can view
the report online at http://www.nfnonline.com/gml/report.html or call 781-444-
6100 ext. 629 for reprints.
Geoffrey Eiten, publisher of the NFN InvestorFacts report, stated, "In a
strategic move to capitalize on high-return business opportunities, Magic
Lantern Group recently launched Magic Vision Digital Media (MVDM), a division
that specializes in non-traditional educational and entertainment digital
content delivery to world markets via the Internet. MVDM is initially focused
on 'Google-izing' video streaming content in the areas of business training,
human resource compliance and sports entertainment, allowing users to search,
select and view portions of videos on-demand over the Internet. Leveraging the
Company's 75% market dominance in the Canadian educational video market, MVDM
has captured the attention of a number of companies for the commercialization
of existing and new videos."
Eiten concluded, "Magic Lantern Group's multifaceted growth strategy to
increase its market share in U.S. and international markets is well underway.
Through select acquisitions, exclusive distribution partnerships and
diversified product offerings from MVDM, the Company is poised to drive
significantly higher future revenues, with a target of near-term profitability,
for the benefit of Magic Lantern Group's shareholders."
About National Financial Network
National Financial Network, a division of National Financial Communications
Corp. (http://www.nationalfc.com/) based in Needham, Massachusetts, is a
full-service financial communications and investor relations firm that
specializes in micro/small-cap companies. The Company's proactive campaigns
are custom designed to strengthen each client's presence in the investment
community by disseminating breaking news and fundamental positions to spheres
of influence; building upon the client's existing shareholder base; and
soliciting institutional coverage. For more information, visit
http://www.nfnonline.com/.
Disclaimer: NFN InvestorFacts, published by National Financial Communications
Corp., endeavors to supply its readers with sound opinions and advice based on
its analysis of publicly available information from sources believed to be
reliable, but makes no representation as to its accuracy or completeness.
Opinions and advice of NFN InvestorFacts are not based upon individual needs or
investment objectives of readers nor are they an offer to buy or sell
securities. National Financial Communications Corp. and the publisher of NFN
Investor Facts have received fees and compensation from the featured company.
National Financial Communications Corp., its affiliates and subsidiaries and/or
their officers and employees may from time to time acquire, hold or sell a
position in the securities mentioned in its profiles. Upon request, the Company
can furnish specific information in this regard. For full disclosure
information, visit http://www.nfnonline.com/gml/disclaim.html.
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.
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 Group, Inc., +1-800-263-1717 ext. 2450,
Web site: http://www.magiclantern.ca/