Corporate Profile for SoundWorks International Inc., dated Friday, May 28, 1999
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Published Date: May 28, 1999
Company Name: SoundWorks International, Inc.
Address: P.O. Box 4608
Rolling Bay, WA 98061-0608
Main Telephone
Number: 206/780-0857
Internet Home
Page Address
(URL) www.soundworks.net
Chief Executive
Officer: Jerry Dennon
Chief Financial
Officer: Robert Wikstrom
Investor Relations
Contact: Bristol Media, Ltd.
Business number: 206/546-9660
e-mail address: jerden@aol.com
Public Relations
Contact: Bristol Media, Ltd.
Business number: 206/546-9660
e-mail address: tcktsllc@gte.net
Trading Symbol/
Exchange: OTC BB:SOWK
Industry: Entertainment (multi-media content company)
Market Makers: Protective Group Securities, Knight Securities,
Hill Thompson, Alpine Securities, Sharpe Capital
Inc., Paragon Capital Corp., Herzog Heine Geould,
Wien Securities, GVR Co., Mayer & Schweitzer,
MH Meyerson
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Company description:
SoundWorks International Inc.
(NASD OTC BB:SOWK)
Executive Summary
The Company
SoundWorks is an established player in the growing field of
nostalgia recordings. SoundWorks' mission is to create and market
nostalgia entertainment products -- both audio and visual -- for
targeted markets worldwide.
To fulfill its mission, SoundWorks' managers focus on product
development, marketing, and sales -- areas in which management has
extensive and relevant expertise. The company's products are designed
for specific niche markets using copyrighted materials and other
materials to which the company has access. Manufacturing is
outsourced, enabling the company to maintain its emphasis on product
innovation.
Current Status
SoundWorks International Inc. (OTC BB:SOWK), a Nevada
corporation, formed on March 19, 1997, acquired SoundWorks USA Inc.
effective Sept. 1, 1997. SoundWorks International Inc. had 1,012,531
shares outstanding and issued 4 million shares to the shareholders of
SoundWorks USA Inc. in exchange for 100% of the issued and outstanding
stock of SoundWorks USA Inc. SoundWorks stock is listed on NASD's
Electronic Bulletin Board.
SoundWorks (hereinafter "the company" or "SoundWorks") is an
entertainment multi-media content provider, producing and marketing
spoken word and music products on audio compact discs and cassette
tapes as well as video for targeted markets. These products are
marketed under the brand names "SpeechWorks," "Jerden" and "The
Nostalgia Company," respectively. The company is poised for rapid
growth.
The company was founded in December 1992 by Jerry Dennon -- a
prolific recording-industry executive and producer -- for the purpose
of realizing the inherent value of his proprietary library of master
recordings, which originally cost $20 million to produce and contains
copyrighted recordings of more than 200 name artists of the 40's,
50's, 60's and 70's.
Since 1994 the company has produced 33 highly marketable spoken
word CD titles, including "JFK: The Kennedy Tapes," "FDR: Nothing to
Fear," "Harry S. Truman: Give 'Em Hell Harry," "Martin Luther King:
The MLK Tapes," "Ronald Reagan: The Great Speeches, Vol. I," "Sir
Winston Churchill: His Finest Hour," "An Audio Tribute to Princess
Diana," "Apollo 13: The Real Mission," "The Greatest Speeches of
All-Time," and "Michael Jordan: An Audio Tribute." The company has
also produced 8 nostalgia music titles, including Jimmy Dorsey, Woody
Herman, The Kingsmen, Don & The Goodtimes, and The Sonics.
Early market exposure has proven demand and the company is now
ready to initiate a full-scale marketing effort. Despite a limited
marketing budget of under $10,000, two of the spoken word releases --
JFK and MLK -- have sold, at retail, in excess of $450,000.
In late 1998, the company produced its first video product,
"Victor Borge: The Radio and TV Years," designed to be sold on
television via direct marketing. Manufactured and marketed in 1999
are new nostalgia videos titled, "Frank Sinatra: Ol' Blue Eyes in
Black and White," and "The Greatest Speeches of All-Time."
The Products
The company has significant opportunity in three areas: Spoken
Word Audio, Nostalgia Music and Nostalgia Video. The company is
currently focused on exploiting the opportunity which exists in the
direct marketing on television and the Internet of both audio
recordings and videos.
SoundWorks' music titles are developed from its proprietary
library of master recordings from the period 1940-1980 such as The
Kingsmen, Jimmy Dorsey, Enoch Light, Martin Denny, Ray Anthony, Diane
Schuur, Duke Ellington, Woody Herman, Hank Locklin, George Jones,
Danny O'Keefe, Wes Montgomery, Pete Fountain, and many others -- most
of which are previously unreleased on compact disc. Marketed under
the brand name Jerden Records, these titles are targeted at the
nostalgia music buyer 40-years-old and over.
CONTACT:
SoundWorks International, Inc
T A P has received 45K pre-dividend =(225K post-dividend shares) of SOWK from the company for services provided for a period of 6 months For a complete write-up on SOWK and other Turn Around Picks go to T A P profile and click Favorite Link. |
