SOURCE: Encounter Technologies, Inc.

September 20, 2010 09:00 ET

Encounter Technologies, Inc. (PINKSHEETS: ENTI) Files Required Info for "Current Info" Tier Status With OTC Markets

ENTI Submits on Friday, September 17, 2010 Current Financials, Articles, and Company Info Toward Transparency

NEW YORK, NY--(Marketwire - September 20, 2010) - Encounter Technologies, Inc. (PINKSHEETS: ENTI) CEO Anthony DiBiase announces that the company has furnished all required documents and filings to OTC Markets to qualify for Current Info Tier status. OTC Markets has implemented a strict information reporting system for non-reporting companies and rates them in accordance to transparency elements from Caveat Emptor to Current Information for pinksheets companies (http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp), with the Current Info tier being the highest with requirements including Initial Disclosure and Information statements, current share structure, current financials and an attorney letter verifying financial information submitted.

The company expects the Current Info Tier status to take effect in the coming weeks and DiBiase feels that, "It will greatly enhance overall market confidence in ENTI and its current projects, both of which have made great strides in recent weeks."

OTC Markets Inc. is a privately owned company based in New York that provides a suite of products and services for the U.S. OTC securities market. The company operates electronic quotations, trading, messaging, and information platforms.

About Encounter Technologies (ENTI) Encounter Technologies, Inc. provides end-to-end technology and online marketing services, including design, build, hosting and online marketing support. We specialize in social media, video technology and online entertainment web solutions. Encounter Technologies, Inc. utilizes pre-built applications to provide the platforms in which to base solutions for businesses looking to utilize video technology to increase online collaboration and interaction. Our goal is to provide our clients with the best methods to increase user value and achieve desired business results. Simply put, Encounter Technologies, Inc. transforms ideas into revenues. For more information about Encounter Technologies, Inc. visit www.encountertech.com

About MusicMatrix (www.musicmatrix.com) MusicMatrix is the hottest rising new star in the online video streaming music industry and specializes in providing standard and high definition streaming music videos over the internet. Users have the ability to upload and view streaming music video content and also earn revenue from promoting your favorite artists videos. MusicMatrix.com is also a full-fledged social network which allows users to connect with friends and family from all over the world.

This press release contains "forward-looking statements" 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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place under reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Encounter Technologies, Inc. under take no obligation to update such statements.

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