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marketwire

Zcom Networks in Discussion to Acquire TIN TV

  • Press Release
  • Source: Zcom Networks, Inc.
  • On 9:00 am EST, Wednesday December 3, 2008

LOS ANGELES, CA--(MARKET WIRE)--Dec 3, 2008 -- As the M&A activities continue to dominate the Broadcasting and Media industries, two companies are poised to leave an imprint -- one that likely will result in improved entertainment programming over the coming years.

Related Quotes

SymbolPriceChange
ZCMN.PK0.000.00
Chart for ZCOM NETWORKS, INC.
{"s" : "zcmn.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

TIN TV, a Los Angeles Satellite based TV Broadcasting of music, talk shows, sports and live programming viewed in the United States, Canada, and Mexico, and Los Angeles based Zcom Networks, Inc. (Other OTC:ZCMN.PK - News), a growing provider of content media and shopping networks, have been in discussion to formulate a deal structure for Zcom to acquire the majority interest in TIN TV.

The acquisition is one of several completed by Zcom over the past year. This will likely result in significant programming growth for TIN TV and Zcom Networks, Inc.

"Our goal is to expand upon what TIN TV has already achieved while moving to the next level, incorporating some of the key shopping networks, marketing, distribution and advertising know-how that Zcom has developed in the past years," said Dr. Alex Parsinia, CEO.

For more information, visit www.zcomnetworks.net.

About Zcom Networks, Inc.: Zcom is a multi-industry holding company with diversified interests including, among others, wholly owned subsidiaries, Allied Mineral Group, Inc., a mining development, exploration and extraction company with the 160 acre gold, silver, tungsten, platinum and copper placer mining claim CLS#12 in Ridgecrest, California; Pam TV International, Inc., a talk and music program provider offering a wide range of content through an interactive multi-media broadcast platform utilizing the internet, traditional radio and satellite radio; and Super Bazar International, Inc., a shopping network company marketing and promoting multiple products on TV, radio and internet including Super Fuel and TV Box.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:

     Contact:
Zcom Networks, Inc.
Dr. Alex Parsinia
CEO
310-754-5599
800-429-8182
Email Contact
http://www.zcomnetworks.net
 

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