LOS ANGELES, CA -- (Marketwire) -- 01/29/13 -- Studio One Media, Inc. (OTCBB: SOMD) (OTCQB: SOMD), a leading edge entertainment and technology company, today announced that Mr. Stanton Ross has joined its Board of Directors and Mr. Dick Wingate has joined the Company as a senior consultant.
"On behalf of the Board of Directors, I am pleased to welcome Stanton Ross to the Board. Stan has an excellent background with many years of extensive business experience. "He will be a great asset in helping the Company execute its diverse business plan including our evolving mobile studios and our AfterMaster/ProMaster technologies," stated Frank Perrotti, Chairman of Studio One Media, Inc. "Additionally, we would like to welcome Dick Wingate to Studio One. Dick provides the Company with extensive recording industry experience and will spearhead the continued roll out of our Aftermaster/Promaster technologies."
Stanton Ross has an extensive career in the start-up and management of public companies and has raised over $100 million for their operations and expansions. Mr. Ross is currently Chairman and CEO of Digital Ally, Inc., which achieved a peak market cap of over $150 million under his leadership. He is also Chairman and CEO of Infinity Energy Resources, Inc., a natural resources exploration and development company. The Company believes that Mr. Ross' broad entrepreneurial, financial and business career and his experience with micro-cap public companies gives him the qualifications and skills to serve as a director.
With over three decades of experience in the recorded music and interactive media industries, Dick Wingate currently serves as Principal in DEV Advisors, which acts as a bridge between the technology and entertainment industries, providing digital business strategy, content acquisition and licensing services, access to key relationships, market and product development, and more. As a 40-year industry veteran, he has held executive positions with major record labels, including Columbia Records, Epic Records, PolyGram Records and Arista Records, and has worked with legendary artists such as Bruce Springsteen, Elvis Costello, John Mellencamp, Aimee Mann and Sarah McLachlan, to name a few. He was a principal in groundbreaking digital music service provider Liquid Audio, helping to take the company public in 1999 and is a member of NARAS (Grammys), an advisory board member of Myxer, Nimbit, Songza, Music180.com and Front Row Networks, and a board member of Big House Publishing.
About Studio One Media, Inc.
Studio One Media, Inc. ("Studio One") is a diversified media and technology company with offices in Scottsdale, Arizona and Hollywood, California. Studio One is engaged in the research and development of proprietary, leading-edge audio and video technologies for professional and consumer use. Studio One subsidiaries and divisions include MyStudio, Inc., AfterMaster Audio Labs, Inc. and MyStudio Music. Studio One has entered into licensing agreements with Sony/ATV Music Publishing, Universal Music Publishing Group, EMI Music Publishing, BMG Chrysalis and strategic relationships with Mark Burnett Productions, RealtyWanted.com, Back Stage Casting, Simon Cowell's "The X Factor" and Tyra Bank's "America's Next Top Model." For more information go to www.mystudio.net.
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of management of Studio One Media, Inc. and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statement herein. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from the statements made herein are: (1) changes in economic, business, competitive, technological and/or regulatory factors, (2) failure to receive stockholder approval of certain actions, if required, (3) failure to compete in a rapidly changing marketplace, (4) failure to retain key employees, (5) failure to raise adequate capital to support the growth and operations of the Company, and (6) other factors affecting the operation of the business of Studio One. More detailed information about these and other factors that may affect current expectations may be found in filings by Studio One as applicable, with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Any forward looking statement contained in this press release by Studio One speaks only as of the date on which it is made. Studio One is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
MyStudio | AfterMaster | ProMaster