SOURCE: Studio One Media, Inc.

Studio One Media, Inc.

May 26, 2011 09:00 ET

Frank Perrotti, Jr. Joins Board of Studio One Media, Inc.

LOS ANGELES, CA--(Marketwire - May 26, 2011) - Studio One Media, Inc. ("Studio One") (OTCBB: SOMD), a leading edge entertainment & technology company, today announced that Frank Perrotti, Jr., has been elected to its Board of Directors.

Mr. Perrotti is Founder, Chairman and Chief Investment Officer of FPJ Investments ("FPJ"), a private investment firm based in New Haven, CT. The firm focuses on the investment and acquisition of undervalued assets in diversified industries in both the public and private sectors. FPJ's holdings include interests in real estate, entertainment, technology and manufacturing. FPJ's successful track record includes the acquisition of Field Brook Farms out of bankruptcy and subsequently building it into the largest private label ice cream packer in the United States. Prior to founding FPJ, Mr. Perrotti was chairman and CEO of Northeast Waste Services. The Company was built through the acquisition of over twenty-five companies and at the time of its sale was the largest privately owned diversified waste company in New England. In addition to his duties at FPJ, Frank currently serves as a Director of Prime Bank, a regionally focused business bank located in Connecticut.

Mr. Perrotti's association with Studio One is part of an extended relationship involving a substantial investment in the company. He is expected to play an important role in the advancement of Studio One's business model.

"The company is fortunate to have a man of Frank's stature and track record on the Board of Directors as we move into the next phase of Studio One's ambitious business plan," said Former Member of Congress and Studio One Chairman of the Board, Barry Goldwater Jr.

About Studio One Media, Inc.
Studio One Media, Inc. is a diversified media and technology company with offices in Scottsdale, Arizona and Hollywood, California. Studio One is engaged in the research and development of proprietary, leading-edge audio and video technologies for professional and consumer use including MyStudio HD Recording Studios and AfterMaster HD Audio. Studio One subsidiaries and divisions include MyStudio, Inc., MyStudio Audio Labs, Inc. MyStudio Music and MyStudio Management.

Forward-Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of management of Studio One Media, Inc. and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statement herein. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from the statements made herein are: (1) changes in economic, business, competitive, technological and/or regulatory factors, (2) failure to receive stockholder approval of certain actions, if required, (3) failure to compete in a rapidly changing marketplace, (4) failure to retain key employees, (5) failure to raise adequate capital to support the growth and operations of the Company, and (6) other factors affecting the operation of the business of Studio One. More detailed information about these and other factors that may affect current expectations may be found in filings by Studio One as applicable, with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Any forward looking statement contained in this press release by Studio One speaks only as of the date on which it is made. Studio One is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

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