SOURCE: Mike The Pike Productions, Inc.

Mike The Pike Productions, Inc.

January 05, 2010 08:00 ET

Mike the Pike Prods Brings in New Year With New Media Division

MTP Prods Integrates Revenue Generating Websites and Mobile Apps in Partnership With Teicor Founder

LOS ANGELES, CA--(Marketwire - January 5, 2010) - Mike The Pike Productions, Inc. (PINKSHEETS: MIKP), Mark B. Newbauer announces the formation of a New Media division as part of the company's 2010 initiatives focus. Mike the Pike Productions has formed a partnership with Tim Bredemeyer of Teicor Solutions, Inc., who will serve as President of its New Media Division. Bredemeyer has been developing websites for over 7 years, creating profitability with low overhead. "This opportunity opens up a lot of doors as it will provide the resources and manpower to bring Intellectual Property to life with very good potential for long-term profitability and toward attracting prospective buyouts," says Bredemeyer.

The division will be comprised of an ongoing development of original websites and internet based services and technology targeting niche networks as well as those with mass appeal. "The implementation of the New Media division is inevitable in our eyes as the industry continually gears further toward online content; as well, there is a significant amount of IP held by the company's owners, affiliates and networks that have agreed to sell to or profit-share with Mike the Pike Productions' New Media team with original content, product lines and/or technology, enabling them to create a robust portfolio of websites servicing consumers and members in multiple sectors," states Newbauer.

"The trigger for this new asset base was Indiana's Got Talent (, our 1st edition of the statewide talent competition. The website garnered over 400,000 impressions in the last six weeks. MTP Prods charged advertisers .20 per 1000 impressions and almost passively collected over $8000 in ad revenue from the website alone, and is still generating consistent activity with requests for information on 2nd edition auditions/registrations," Newbauer adds. Further details on the competition will be released in the form of an upcoming Press Conference with MTP, Indiana's NewsCenter, the Boys and Girls Club of America and IGT's 2009 winner, '77 Times.'

MTP Prods has hired a team of programmers and marketers while interviewing candidates for high-end web advertising brokerage. They are also currently interviewing additional staff and interns for this division in preparation for the projection-based needs the division will incur. The current portfolio consists of a unique, niche law enforcement officials' website, original content webisode channel with exposure to industry professionals and an insurance policy sales site with licensed agents and sales force attached, among others.

Mike the Pike Productions will be releasing a productivity report for 2009 in an upcoming release as well as details unveiling the first website to be implemented in the New Media division. The first website, currently undergoing a comprehensive overhaul/enhancement with a projected launch within 6 weeks, was conceived 'for Police Officers, by Police Officers,' with over 500 nationwide registered for a pre-launch focus group run. The New Media Division is expected to garner net revenues in excess of $325,000, conservatively. These projections are expected to increase as MTP adds board approved websites to the Division. Newbauer will be featured on for a CEO interview in late January.

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Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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