SOURCE: Endavo Media and Communications, Inc.

October 06, 2005 08:30 ET

Endavo Renews CEO Contract for an Additional Three Years

SALT LAKE CITY, UT -- (MARKET WIRE) -- October 6, 2005 -- Endavo Media and Communications, Inc. (OTC BB: EDVO) is pleased to announce that the company has renewed CEO Paul D. Hamm's executive management contract for an additional three years as the company now plans the launch and production phase of its new digital content delivery and management system over a national IP and broadband networks. Mr. Hamm will also continue to serve as the company's Chairman of the Board.

Mr. Hamm originally became CEO of Endavo in July 2004 to lead the restructuring and repositioning of the company after serving as a capital markets consultant to and investor in the company since late 2002. He has 14 years of experience in the financial industry, serving as a private equity investor, investment banker and financial consultant for emerging public companies. In 1998, Mr. Hamm co-founded and still serves as an investment manager for SovCap Equity Partners, Ltd., a private equity fund. Mr. Hamm also founded AlphaWest Capital Partners, a specialized capital marketing and consulting firm. As a principal investor, Mr. Hamm has actively invested in and has served as executive advisor to numerous publicly traded companies across technology and communications industries.

"We are very optimistic about the direction Paul is taking Endavo and the overall momentum he has created within the company. We can now count on his continued service to the company for at least three more years as our business plan is poised to blossom," stated Mark Hewitt, CTO and Director of Endavo.

"I am pleased with the new business plan the Endavo team has put into place since we restructured and obtained funding earlier this year and I am very excited about the direction this company is now headed," stated Mr. Hamm. "We have rolled up our sleeves over the past few months to streamline the company's operations and determine what it is that Endavo can offer that is of immediate value to the entertainment, media and Internet information industries and for our shareholders. We are focused sharply on the implementation and marketing of digital content delivery solutions that will facilitate 'D-Commerce' expansion, as well as rapid growth of customers and revenue for the company and our partners. All of this is directed toward creating long-term shareholder value."

About Endavo Media and Communications, Inc.

Endavo Media and Communications, Inc. operates the Endavo Media Management System, which is a unique, fully integrated digital entertainment and media content delivery system. Endavo utilizes the Internet and a national IP network backbone to manage and distribute digital content, such as full-length DVD-quality video, over multiple delivery platforms to service providers, broadband communities and directly to connected broadband subscribers over PC, TV, and mobile devices. Endavo leverages digital content to create new markets and revenues for owners of content and entertainment programming. For more information, visit http://www.endavo.com.

For more information, please visit Endavo's website at www.endavo.com or contact Matt Maguire at 1-866-THE-APPLE (843-2775).

Safe Harbor Act:Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information

  • Press Contact:
    Big Apple Consulting USA, Inc
    Matt Maguire
    1-866-THE-APPLE (843-2775)