Stocks & Investing
Stocks and Investing
Stocks and Investing
Fri, June 25, 2010
Thu, June 24, 2010 ENTI's MusicMatrix.com Signs With Major Label to Sell Digital Content
NEW YORK, NY--(Marketwire - June 24, 2010) - Encounter Technologies, Inc. (
The company issued a statement for this release: "We are now working with one of the world's leading music companies with some of today's most successful and recognizable artists. The company has an enormously diverse talent base and music catalogue featuring names like Norah Jones, Dierks Bentley, M83, Snoop Dogg, Coldplay, David Bowie and hundreds more. Digital Music sales were more than $2.9 billion last year and continue to increase. As legislature continues to tighten against piracy, those numbers are predicted to increase exponentially over the next few years, with digital music sales overall surpassing CD sales by 2011, conservatively. MusicMatrix feels its technology gives us a leg up in this otherwise competitive industry with a platform that draws the audience first with organic, repeat sales from within."
"MusicMatrix attracts a mass audience that enjoys music and music videos, yes, but more so. MusicMatrix attracts a fan base like no other music site, with the allure of being able to actively participate in a community setting by promoting your favorite artists with unique, proprietary user-friendly editing tools. It introduces people to new music and brings fans closer to their favorite performers by allowing them to be a part of everything," states ENTI Marketing Representative, Sheri Cook. "This unique setting is one that we feel will attract mp3 and video buyers like no other. These are not just fans, these are dedicated fans. Many of which are being introduced to completely new artists and music via the community setting, thus promoting further potential sales, capturing our take on the nearly $3 billion digital music boon," concludes Cook.
About MusicMatrix.com
On MusicMatrix.com, users are able to participate in music video editing competitions in order to win prizes and recognition. Encounter Technologies, Inc. (
About Encounter Technologies (
Encounter Technologies, Inc. provides end-to-end technology and online marketing services, including design, build, hosting and online marketing support. We specialize in social media, video technology and online entertainment web solutions. Encounter Technologies, Inc. utilizes pre-built applications to provide the platforms in which to base solutions for businesses looking to utilize video technology to increase online collaboration and interaction. Our goal is to provide our clients with the best methods to increase user value and achieve desired business results. Simply put, Encounter Technologies, Inc. transforms ideas into revenues. For more information about Encounter Technologies, Inc. visit [ www.encountertech.com ].
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place under reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Encounter Technologies, Inc. under take no obligation to update such statements.
