SOURCE: Wall Street News Alert

August 16, 2005 09:44 ET

Wall Street News Alert: Emerging Public Company Makes Deal to Integrate Payment Services From Industry Leader!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- August 16, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: NetMusic Entertainment Corporation (OTC: NTMT), Nortel (NYSE: NT), Motorola (NYSE: MOT) and SIRIUS Satellite Radio (NASDAQ: SIRI).

NetMusic Entertainment Corporation (OTC: NTMT) should be appearing on the radar screen of aggressive investors and day traders again this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has entered into an agreement with distribution pioneer Media Global Infrastructure, LLC of New York (MGI) to utilize the latter's revolutionary payment processing system into NetMusic's wholesale initiative.

News of the agreement should be welcomed by investors, as this integration will enable NetMusic the ability to process payments from multiple payment methods like credit cards, paypal, direct debit, and prepaid cards (virtual and physical) with substantially higher profitability! Additionally, the two will integrate international payment systems with currency conversion, value added tax functionalities, and multi lingual capabilities, enabling NetMusic to increase its global expansion initiatives.

Continue to watch this company! According to Glen Starchman, NetMusic's Chairman and CEO, "No one can offer us the kind of payment flexibility for our customers at anywhere close to the cost savings we'll realize from MGI. Because our cost structures were calculated before realizing these savings, this deal will significantly increase the profitability of each transaction made by NetMusic."

Investors should continue to monitor the progress of NetMusic Entertainment for further developments! Added MGI CEO, Jakob Schwerdt, "We have been working with NetMusic on our Listen, Click, and Buy initiative for some time, and are pleased to bring this tremendous value add to their portfolio of services. We anticipate a strong, mutually beneficial relationship with NetMusic."

For updated in-depth coverage and a company profile of NetMusic Entertainment, visit http://www.backissuesofnewsalerts.us/NTMT0815.html

Prior to yesterday's press release, the stock closed at Eighteen cents a share.

In case you are not familiar with the companies: Edmonds, Washington-based NetMusic Entertainment (http://www.netmusic.com/) is a global digital media company focused on providing consumers entertainment on their own terms: anytime, anywhere. The company offers digital music downloads, digital jukeboxes, video-on-demand and online video rental services across the globe. NetMusic focuses on providing media distribution opportunities in both audio and audiovisual spaces for third party brands seeking to engage consumers with media. Recently, the company announced plans for the acquisitioning of licensing to the catalogues of the largest recording companies in the industry as well as plans to launch a video-on-demand service.

MGI offers the most advanced payment solutions available in electronic media distribution, combining extraordinary flexibility with outstanding cost efficiencies. MGI also provides a holistic approach to the digital distribution process by leveraging existing distribution channels (radio stations, online magazines, home theaters, wireless distribution, etc.) and couple it with aggregated content and a powerful digital distribution platform, supporting central server-based and P2P network channels. The company's website is http://www.mgimedia.com.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Nortel (NYSE: NT) down 2.1% on 22.7 million shares traded, Motorola (NYSE: MOT) down 1.3% on 15.5 million shares traded and SIRIUS Satellite Radio (NASDAQ: SIRI) down 0.5% on 14.9 million shares traded.

Commentary:

"This week will see a new round of earnings reports. Look for news from: Wal-Mart, J.C. Penney, Nordstrom, Lowe's, Home Depot, Gap, Barnes & Noble; also from Helwett-Packard," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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