SOURCE: Church & Crawford

May 21, 2007 09:18 ET

Church & Crawford Signs Letter of Intent With Muse Isle

WEST PALM BEACH, FL -- (MARKET WIRE) -- May 21, 2007 -- Church & Crawford (PINKSHEETS: CCWD), operating through its wholly owned subsidiary Mannea LLC, announced today that it has signed a letter of intent to provide video/machinima services for Muse Isle, a Second Life®-based island designed to bring artists and audiences together effectively in large numbers.

As part of the letter of intent signed by both parties, Church & Crawford will provide video/machinima production (film making in virtual environments) for a period of six months with an exclusive agreement between Church & Crawford and Muse Isle.

Church & Crawford President Jeff Reidy said, "We are pleased to begin providing services for such a well-respected and high traffic region of the Second Life virtual world community. As we continue to develop our proprietary technologies, we look forward to pursuing additional revenue streams as a result of our established relationships in one of the most popular and fastest-growing virtual world communities."

About Muse Isle

Muse Isle is a historic live music and visual art island in Second life that showcases the talents of many gifted people from all over the world. The focus is primarily on the presentation and promotion of independent musicians and artists by providing them a respected place of beauty to present their crafts. Visually the island itself is living art and a place to relax, explore and enjoy.

About Church & Crawford

Church & Crawford, Inc. (www.churchandcrawford.com) operates through its wholly owned subsidiary Mannea, LLC, (http://www.mannea.com/) an online media and advertising company that integrates real life products and services with the particular culture and community of Internet-based virtual worlds. Its primary target operating market is Second Life, an active, online virtual community and marketplace developed by Linden Labs, with more than 5.6 million active residents.

In conjunction with Mannea, Church & Crawford is implementing an aggressive roll-up strategy to pursue unique opportunities that include both Internet- and brick and mortar-based acquisition candidates with extraordinary potential for long-term growth under its public umbrella.

SAFE HARBOR ACT: This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors, currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • CONTACT:
    D.P. Martin & Associates
    Investor Relations for Church & Crawford
    561-514-0194
    Email Contact