SOURCE: Archer Entertainment Media Communications, Inc.

November 25, 2008 09:00 ET

Archer Entertainment Media Communications Signs Letter of Intent to Acquire ubroadcast.com

HONG KONG and SANTA MONICA, CA--(Marketwire - November 25, 2008) - Archer Entertainment Media Communications, Incorporated (PINKSHEETS: AEMC) www.archeremc.com (ISIN US039490107), announced today it has entered negotiations to acquire www.ubroadcast.com, a revolutionary new company that enables the general public to set up their own broadcast station from their computer, wherever they may be in the world, creating a live "YouTube®" capability to produce, direct and distribute their own radio and television shows via the Internet.

"Subscribers to ubroadcast.com will be assigned a standard station that will always belong to them, and from which they can broadcast, live, their own individual original programming to millions of viewers per day," Michael Selsman, Archer Chief Executive Officer, said. "This is really unique. The software is truly innovative, and the idea and concept is truly exceptional. Those who produce the shows will be able to monitor exactly how many viewers they have each day and decide whether their programming could command actual sponsors who will pay them, thus generating income, just like standard radio and TV. ubroadcast offers something that traditional Internet video sites or traditional network television and radio can't deliver independently, and a viral delivery mechanism that advertisers and sponsors have been searching for. They have the ability to reach a potential audience of hundreds of millions, in a cost effective manner not available to traditional forms of radio or television broadcasting, and free of FCC and other regulation. Thousands of stations can be broadcasting at any time, and new stations can go online at will to discuss topics or subject matter without the limitations of censorship. By giving the power to the individual to broadcast and interact, they are creating a talent pool of individuals from which to draw from. By providing high-quality original programming, they are adding to the general culture at large."

John Castiglione, Chief Executive Officer of ubroadcast, commented, "We look forward to exploring a relationship that could potentially strengthen our organization as well as build additional value for our shareholders. The next few weeks will be exciting times for both organizations and we hope that we can reach a definitive agreement so that we may move full speed in the New Year."

About Archer Entertainment

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. Prospective and current shareholders of are invited to join the Archer Entertainment's official investment forum exclusively at www.pinnacledigest.com. The forum allows for investor controlled discussion, questions, third party reports and articles, and progressive feedback from other shareholders and investors. Also visit www.archeremc.com for ongoing updates and to read an inclusive CEO message. See http://www.pinnacledigest.com/company/aemc.

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.

Contact Information

  • 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