is anybody out there:
MILLBURY, Mass.--(BUSINESS WIRE)--MARCH 27, 1997--OMNI
MULTIMEDIA GROUP, INC. (AMEX: OMG) announced today that their
subsidiary 4CDs CORPORATION "Try Before You Buy" software marketing
program has increased distribution of its first encrypted CD to
300,000 units.
The May issue of Computer Gaming World magazine, a Ziff Davis
publication, will distribute 185,000 encrypted CDs. InterAct
Multimedia Products, a division of Recoton Corporation, will package
55,000 copies with its joystick product line.
Paul Johnson, CEO of OMNI MULTIMEDIA GROUP, INC., commented:
"These two new distribution channels, combined with the previously
announced shipment of 70,000 units to Computer & Net Player Magazine,
constitute a successful launch of OMNI's new program. At this time
all indications from our "Try Before You Buy" concept point to a
positive impact on operating results in the near future."
OMNI MULTIMEDIA GROUP, INC. offers the software market complete
turnkey software manufacturing and distribution through its
wholly-owned subsidiaries, OMNI Resources Corporation-East, Midwest
and West, located in Massachusetts, Minnesota and California. These
subsidiaries with 410,000 square feet of high quality manufacturing
and warehouse space provide CD-ROM mastering and replication with six
color screen and offset CD printing. The OMNI Resources Companies
also provide disk duplication, four color in-house documentation
printing, packaging, assembly and fulfillment. OMNI's 4CDs
subsidiary provides a retail and wholesale outlet for software
developers through the 4CDs Multimedia Internet catalog and a growing
capability in Electronic Channel Services (ECS) including CD
encryption and electronic software distribution. Together, the OMNI
Companies offer the software industry vertically integrated software
manufacturing, fulfillment and distribution with retail and wholesale
capabilities.
This release contains forward looking statements that involve
risks and uncertainties. In addition to historical information,
investors should carefully consider the risks associated with an
investment in the Company's securities as previously outlined by the
Company in its prior filings with the Securities and Exchange
Commission.
CONTACT:
PAUL F. JOHNSON, PRES. (508) 865-4451
ROBERT E. LEE, EXEC-VP, CFO (508) 865-4451
ADRIAN MADONIA, PR (908) 788-9660 |
