SOURCE: NetMusic Entertainment Corporation

March 07, 2006 18:04 ET

NetMusic Announces Move of Corporate Headquarters to Pennsylvania

SKIPPACK, PA -- (MARKET WIRE) -- March 7, 2006 -- NetMusic Entertainment Corporation (OTC: NTMT) today announced that the company has moved its corporate headquarters from Edmonds, WA, to Skippack, PA (near Philadelphia).

According to CEO Perry Leopold, "The move of our corporate headquarters is part of the ongoing restructuring of the company recently initiated. This will result in significant savings from reduced fixed overhead as well as other expenses that have been identified and eliminated."

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although NetMusic Entertainment Corporation believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by NetMusic Entertainment Corporation or any other person that the objective and plans of NetMusic Entertainment Corporation will be achieved.

Contact Information

  • Contact:
    NetMusic Entertainment Corporation
    Perry Leopold
    (215) 661-1100 -- phone
    (215) 661-8959 -- fax
    ir@netmusic.com