SOURCE: Cybermesh International Corp.

September 27, 2010 09:30 ET

Cybermesh International Corp. Merger With Media Galaxy Approved

LAS VEGAS, NV--(Marketwire - September 27, 2010) -  Cybermesh International Corp. (OTCBB: CYTL) is pleased to announce that an overwhelming majority of the shareholders approved a merger with Media Galaxy, a Nevada incorporated company.

About Media Galaxy
Media Galaxy is an online entertainment company that transforms illegal file sharers into socially engaged e-commerce consumers. Media Galaxy will partner with essential stakeholders -- Internet Service Providers (ISPs), the entertainment industry, and celebrities -- to offer the first all encompassing entertainment lifestyle store featuring the cooperation and active participation from artists and celebrities. Media Galaxy will directly engage this target audience by employing existing proprietary and patented technology. Media Galaxy, with the support of ISPs, will redirect these high-spending file sharers to the best online entertainment lifestyle store experience delivered via computer or mobile phone. The site will encompass the latest discovery techniques, hard-to-find and exclusive content, and community aspects that do not currently exist in one place. Media Galaxy is targeting and connecting to one of the most sought after audience sectors by advertisers and content owners and will take advantage of the large potential for audience scale. For example, amongst music fans, there are 3.3 billion songs file-shared every month. Media Galaxy will be able to talk directly to these downloaders and offer collectibles, tickets, merchandise and memorabilia.

With the internet destroying old media models -- online video is cannibalizing TV ad rates, newspaper circulation has hits its lowest level in seven decades, and the music industry has been decimated from digital piracy -- a new model is needed to recapture revenue streams. For the first time, Media Galaxy will deliver tangible benefits from the illicit activities of file sharers to consumers, entertainment industry, ISP's content owners and advertisers

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact Information

  • Contact:
    Cybermesh International Corp.
    245 East Liberty St, Ste 200
    Reno NV 89501
    1 888 597 8899