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Global Media Networks, Inc. Acquires Online Ticketing Company, TicketBreak Corp.
(PRLEAP.COM) PRAEKASA MUENG, THAILAND – August 15th, 2008 — Global Media Networks, Inc. (PINKSHEETS: GLME), today announced that the Company has completed the acquisition of TicketBreak Corp. – an online seller of event tickets.
Mr. Chatpoom Thanomlek, President, stated the following: "I am extremely happy that we have concluded the acquisition of TicketBreak, this ushers in a new era for Global Media and moves us in the direction that we have been looking at for a long time."
"I am extremely pleased that we are aligning ourselves with Global Media Network, and our team has renewed vigor in moving the company to international markets with the help of Global Media" stated John Derlis, CEO of TicketBreak. "It has always been our vision to take TicketBreak around the globe and we trust with Global Media Network we have the means and partners to do it."
About TicketBreak Corp: TicketBreak is an alliance of long-time marketing and leading-edge IT professionals that are creating the future of entertainment ticketing. The TicketBreak System was designed from the perspective of an Event Producer, Venue Owner, and/or Performer that ultimately makes your Event Business more money during these unpredictable recessionary times, unlike its competitors who are mainly IT companies looking to benefit on multi-layered transaction revenue or secondary market reselling. TicketBreak’s mission statement is to provide both Ticket Buyers and Ticket Sellers a long overdue ticketing solution that essentially… GIVES EVERYONE A BREAK! Our Box Office Network provides event goers (ticket buyers) cost saving access convenience and event owners (ticket sellers) with dynamic tools they need to support success - Event ticket sales and distribution through multiple channels … fraud-proof security features … promotional tracking … database cultivation … and the constant buzz of brand-building exposure on hundreds of websites, including your own, and event boards across the globe.
For more information we invite you to visit our website at http://www.TicketBreak.com
About Global Media Networks Inc: Global Media Networks is in the media and entertainment business and has interests in several up and coming media properties.
For more information we invite you to visit our in progress new website at http://www.gm-ni.com.
Safe Harbor: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Media Contacts:
Global Media Networks, Inc. Email: IR@gm-ni.com
Chatpoom Thanomlek, President – cthanomlek@yahoo.com
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