SOURCE: Gold River Productions, Inc.

December 12, 2007 13:53 ET

Gold River Productions, Inc. Announces Wireless Carrier Approvals, Sale of Digital Media Through Internet Radio Stations, and Board Approval for Forward Split

Global Entertainment and Media Company Moving Forward on Wireless and Digital Downloads

LOS ANGELES, CA--(Marketwire - December 12, 2007) - Gold River Productions, Inc. (PINKSHEETS: GRPS), a multi-media entertainment and digital content wireless distribution company, announced today it has received approval for the wireless delivery of Gold River Productions Christian content library (, featuring ringtunes/ringtones, wallpaper and full length MP3 digital media from Sprint, AT&T/Cingular and Alltel. In addition T-Mobile and Dobson have been provisioned.

"We are currently testing with Verizon and expect approval on or before February 12, 2008," explains Bruce Caplin, CEO. "We are excited to be weeks away from the US launch of our 'MYGOD' (69463) short-code marketing campaign."

Gold River Productions is also preparing for the launch of downloadable full length singles and albums through its worldwide internet Christian radio stations; and Caplin says, "This is a proven market; we are bringing to the listeners the opportunity to purchase the music they are listening to on our radio stations. The programming that we are playing is not available anywhere else at the quality we stream, and the singles and albums for download are not available on iTunes or other venues, thus up-and-coming artists now have a platform for the sale of their music on a worldwide scale."

Gold River Productions, Inc. also announced today that its board of directors has approved a two-for-one forward stock split of the company's common stock, with the record date to be announced soon.

The board and the consenting majority stockholders believe that the forward split is in Gold River's best interests, principally because it may ultimately increase the trading price of the common stock as more shares will be available for the marketplace. An increase in the price of the common stock may, in turn, generate greater investor interest, thereby enhancing the marketability of common stock to the financial community.

About Gold River Productions, Inc.

Gold River Productions, Inc. is a multi-media entertainment and digital content wireless distribution company focused on low-budget feature film production, audio/video mobile media production and distribution, internet radio and digital download production and distribution. Based in Ventura, CA, the company is positioned to realize optimal financial returns from five (5) profit centers: low-budget films, audio/video mobile media, soundtracks, two (2) record labels (United Network Music Group and New Harvest Records), and marketing/distribution arrangements with our worldwide mobile carriers.

Safe Harbor Statement

This press release contains forward-looking statements. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's filings and reports with the Securities and Exchange Commission. Such statements are only predictions, and actual events or results may differ materially from those projected.

Contact Information

  • Investor Relations Contact:
    Robert Shaw
    Phone: 805-643-5400