HONG KONG and SANTA MONICA, CA -- (Marketwire) -- 10/28/08 -- Archer Entertainment Media
Communications, Incorporated (PINKSHEETS: AEMC) www.archeremc.com, (ISIN
US039490107), announced today the signing of a Letter of Intent to acquire
the intellectual property owned by White Bear Productions, Inc., of New
York, an edu-tainment-oriented print and Internet property designed to
recruit children globally in the campaign against climate change. The
transaction is now undergoing Due Diligence.
Charles Baxter, President of White Bear Productions, said, "I am delighted
to associate our vision with that of Archer, as their global reach via the
Internet and other distribution points will assist us in bringing, in
multiple languages, what we hope are millions of children everywhere on
this planet into the issue that will face them as they grow into adults.
Archer will also provide us with a platform for educational games,
contests, a Global Warming News Center, and a Science & Learning Center."
Michael Selsman, Archer CEO, noted, "White Bear, and its emphasis on the
outstanding health and perhaps survival issue of our time, synchronizes
perfectly with Archer's mission, which is to bring education and
entertainment to global audiences. We are as concerned as any government or
purveyor of information that we leave this world in better condition than
we found it. Our Actorvist virtual social network, found on our global
search engine, www.archer.12buzz.com, similar to MySpace or Facebook, will
play a leading role."
Archer plans to produce a White Bear television series for the Internet
with a branded series of characters, and a story aimed at children and
adults, as was Charles Schultz's "Peanuts," and will syndicate print
versions via cartoons, greeting cards, published collections, and has plans
for periodic, sponsored over-the-air TV specials.
About: Archer Entertainment Media Communications Incorporated is a
vertically integrated global entertainment and media company engaged in the
production, delivery, distribution and exhibition of digital content
through various platforms including Internet, IPTV, Satellite to PC TV,
Video-on-Demand (VOD) and Pay-Per-View (PPV). Archer has created a digital
infrastructure leveraging existing Internet assets and resources providing
a secure, complete, end-to-end digital solution exclusively focusing its
interests in China, Southeast Asia and the United States.
Forward Looking Statements: Certain statements in this release constitute
forward-looking statements or statements which may be deemed or construed
to be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast," "project,"
"intend," "expect" "should," "would," and similar expressions and all
statements, which are not historical facts, are intended to identify
forward-looking statements. These forward-looking statements involve and
are subject to known and unknown risks, uncertainties and other factors
which could cause the Company's actual results, performance (finance or
operating) or achievements to differ from future results, performance
(financing and operating) or achievements expressed or implied by such
forward-looking statements.
For more information Contact:
Archer Entertainment Media Communications, Inc.
Linda Scott
Information Director
May Ho
Assistant to Ms. Scott
+ 852.2251.8300
lscott@archeremc.com
www.archeremc.com