Media International Concepts, Inc. Receives Independent Research Report
Media International Concepts, Inc. Receives Independent Research Report LOS ANGELES, Jan. 19 /PRNewswire-FirstCall/ -- Media International Concepts, Inc. (Pink Sheets: MEIC) announced that the Company recently received a research report on the Company which was independently done by "The OTC Company Reporter." The body of that report, which the Company will post on its website, www.mici.tv, is as follows: Investment Highlights * Media Concepts is based in Los Angeles and is led by a Board of Advisors to guide the Company in its creative, marketing and financial endeavors * Media Concepts has a "specialty niche" in that the Company occupies a place in the infomercial industry by offering low cost broadcast quality productions * The Company has a plan in place to develop innovative content for radio talk shows through the XM and Sirius Radio systems in automobiles * Media Concepts seeks to collaborate with writers and producers who already have shows on networks such as AMC and HBO to co-develop original programming The Company Media International Concepts, Inc. is a Nevada Corporation formed for the purpose of aggressively pursuing the acquisition of advertising, entertainment and educational programming and production companies to create synergies and exploit traditional and emerging distribution channels. For example, the Company recently announced the development of radio talk show segments for sale to satellite radio companies such as Sirius Satellite Radio and XM Satellite Radio. Media Concepts realizes the tremendous opportunity in a rapidly expanding arena in the automotive industry. Currently, General Motors has over 3 million subscribers to XM Radio, and that is anticipated to expand to 4 million over the next couple of years. In addition, BMW, Chrysler, and Ford also have strong support in the Sirius Radio market. This represents a huge number of automobiles that are tuned in, and there are a number of opportunities available because of this concept. Media Concepts is currently in talks with new cable networks which are initiating carriage and financing discussions with companies such as Comcast, Time-Warner and DIRECTV to develop radio talk segments based on their video content. The radio talk show market is in its infancy, and innovative firms like Media Concepts are ready to seize their share. Management Mr. Michael Marcovsky, who is serving as Chairman, President and Chief Executive Officer, leads Media Concepts. He has extensive experience in the Entertainment arena, Pay TV, Internet/Commerce and Pay-Per-View. His leadership skill has been put to the test, as from 1990 to 1994 while serving as Chairman and CEO of the Nostalgia Network, Inc. revenues increased 188% in the first year followed by a jump the second year to 268% as well as doubling their subscriber base. As Vice-President of Program Operations with Warner Cable QUBE from 1976 to 1978, he played a key role in the earliest stages of development of QUBE, the first bi-directional interactive PPV system. While Vice-President of Pay TV Buena Vista Distribution, a division of Walt Disney Productions, from 1978 to 1979, Marcovsky introduced products to Pay Television and laid the foundation for the Disney Channel. Quality management is the key to so many OTC success stories over time. Investment Conclusions Due to their aggressive business plan and the potential of the Entertainment industry in general, Media Concepts is positioning itself for rapid growth. As technical market analysts and primarily value investors, we feel this stock has the ingredients for explosive growth. As revenues increase due to favorable alliances and strategies, the stock price should go up. While there are no assurances that our target will be achieved soon, this company has enough going for it currently to suggest a solid ground floor opportunity for knowledgeable investors. What makes Media Concepts such an obvious choice for our "initiating coverage" is the leadership and prior success of Mr. Marcovsky. Management has already proven their success as leaders in developing and growing a major operation. Management has adopted a "base hit" strategy for their specialty programming, a design of radio talk show programming; that is, its goal is to maintain a steady, predictable revenue stream through solid execution of fundamentals, and at the same time aggressively grow the business, broaden participation and increase margins. Website: www.mici.tv Safe Harbor: This release may contain forward looking-statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject to include, but are not limited to, our success in selling our products and services, our success in raising the necessary funding required, competition and other material risks. Contact: Matt Maguire of Big Apple Consulting USA, Inc., +1-407-884-0444, or +1-866-THE-APPLE, for Media International Concepts, Inc. Source: Media International Concepts, Inc. CONTACT: Matt Maguire of Big Apple Consulting USA, Inc., +1-407-884-0444, or +1-866-THE-APPLE, for Media International Concepts, Inc. Web site: http://www.mici.tv/ ------- Profile: International Entertainment
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