ARE U PREPARED FOR UNLIMITED LOSSES? SHORTS WILL BLEED!!
SunnComm Lands $1 Million Karaoke Deal
PHOENIX--(BUSINESS WIRE)--June 8, 2001--SunnComm Inc. (OTC:SUNX) President Peter H. Jacobs said, "Today, we have entered into a Memorandum of Understanding for a four-year agreement with Sound Choice Accompaniment Tracks -- the largest producer of Karaoke CD music in America.
"SunnComm will provide Sound Choice with its proprietary Digital Content Cloaking Technology known as MediaCloQ(TM). This revenue agreement will include a minimum total of 2 million copies of Sound Choice's Karaoke CDs.
"The deal, when complete, is expected to generate in excess of $1 million for SunnComm Inc. This agreement represents the understanding between the parties and shall be replaced with a formal, definitive agreement within 30 days."
Sound Choice is the largest provider of Karaoke CD music in the United States and delivers popular selections to enthusiasts across all demographic segments.
Derek Slep, president and chief executive officer of Sound Choice stated, "Our industry has been tortured with piracy and unauthorized duplication of content. Sound Choice again takes a leadership position in pioneering the digital protection of karaoke music in America.
"We feel this is money well-spent. Using SunnComm's revolutionary technology gives us the protection we need against all the CD copy programs on the market today. We look forward to a long relationship with SunnComm as a flexible and competent partner in the protection of the digital rights of artists and music producers worldwide."
SunnComm Inc. is a leader in digital content security with its MediaCloQ(TM) product lines, and has commercially released the country's first "cloaked" Audio CD -- Charley Pride's "A Tribute to Jim Reeves" which is available at retailers throughout the country.
The company develops proprietary (patents pending) software applications designed to protect digital intellectual property from unauthorized duplication.
For more information about SunnComm: William H. Whitmore Jr., SunnComm vice president marketing & communications, 602/267-7500 or email bill@sunncomm.com
For more information about Sound Choice: Derek Slep, Sound Choice Accompaniment Tracks president and CEO, 704/583-1616 or email dereks@soundchoice.com
SunX, Digital Content Cloaking Technology, DC2, MediaCloQ and SunnComm are trademarks of SunnComm Inc. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Statements contained in this release which are not historical facts may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment.
We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.
CONTACT:
SunnComm Inc., Phoenix
William H. Whitmore Jr., 602/267-7500
bill@sunncomm.com
or
Sound Choice
Derek Slep, 704/583-1616
dereks@soundchoice.com
KEYWORD: ARIZONA
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