SOURCE: Burned Media Ltd.

October 13, 2006 10:00 ET

Burned Media Ltd. Shareholder Update

HENDERSON, NV -- (MARKET WIRE) -- October 13, 2006 -- Burned Media (PINKSHEETS: BUNM), a Digital Music and Media company focused upon helping tier A retailers deliver digital music, ringtunes and in store digital advertising to their consumers, has released the following business update to shareholders.

Burned Media Ltd. has achieved numerous major milestones since it began trading as a public entity in June of 2006. The company appointed music industry veteran Len Friedman as Chairman. Len held senior leadership positions over a 35-year career at CBS Records, Studio 4 Marketing and Sony Music Canada before founding Friedman Entertainment Marketing Limited (FEM).

The company helped two major retail clients launch music burning kiosk locations in important retail locations. These initial locations will be augmented with announcements of kiosks in additional major retail locations in the coming weeks.

Burned Media Ltd. has been able to provide its retail clients with a solution that allows consumer access to a massive catalogue of music, more than most modern record stores can possibly stock. This enables consumers in its locations to search for and buy music from four major record labels including both the new, brand name artists and releases they want alongside their old favorites.

The company will also begin to update shareholders on its in store marketing activities that have been designed to raise the awareness of the availability of digital music, photo services in retail stores.

Burned Media has a solid funnel of future music kiosk operator prospects and based upon its continued sales efforts believes that there will be several important kiosk deployments in the 2007 calendar year.

Finally Burned Media will detail its plans around music sales, marketing and promotion online to complement in store retailer locations. This is an important step as retailers increasingly require the ability to deliver on both online and offline digital sales plans.

Burned Media Ltd. is passionate about its business and the unique digital products that it has provided retailer clients with ability to sell. The company has assembled a highly capable team, partners and clients to execute its business plan. The company has made major strides in the last year, and will continue to build on these accomplishments as it positions itself for continued success. On behalf of management and everyone working with Burned Media Ltd., shareholders are deeply appreciated for their support and vision of Burned Media Ltd.'s future.

About Burned Media Ltd.

Burned Media Ltd. is focused upon enabling retail clients to sell digital music and other digital products, services via self-service music burning kiosks and online stores.

Forward-Looking Statement

The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

Contact Information

  • Contact:
    Investor Relations
    416-855-2061