Moving up nicely; thanks for the heads up on this one Bob Frey Posted by *Magnetic*Microspheres* on :
News out after the bell; watch for a strong move upwards tomorrow! RMD Entertainment Finalizes Contract With Groove Mobile; Expands Distribution in Booming Ringtone Market Thursday July 14, 4:03 pm ET BAY CITY, Mich. and TORONTO, July 14, 2005 (PRIMEZONE) -- RMD Entertainment Inc., a wholly owned subsidiary of Sciax Corp. (Other OTC:SCXC.PK - News), finalized a ringtone distribution agreement in which Groove Mobile will distribute RMD's entire music catalogue. Groove Mobile works in affiliation with 5 of the top European ringtone resellers which include Orange of the UK, Eurotel for the Czech Republic, Telenor from Norway, Pannon from Hungary, and PTC from Poland. ``A ringtone is an audio clip that signals an incoming cell phone call. People are looking for a way to show their individuality and ringtones give them the ability to do that. One's ringtone, after all, says a lot about a person's taste in music, sense of humor and other personality traits. For years, mobile phone users have been replacing their standard ringers with popular music, television theme songs, comedy routines and funny quotes and sounds,'' stated Giorgio Costonis. Although ringtones are not new, they have just recently hit their peak. According to BMI, a U.S. performing rights organization, American ringtone sales reached $245 million last year, up from $68 million in 2003. This year's U.S. sales are projected to top $500 million. The European market is even larger than the U.S. market because ringtones were introduced earlier to mobile telephone subscribers. Leigh Harty, Content Manager of Grove Mobile said, ``We are very excited to work with RMD Entertainment. Their existing catalogue is extensive, including established artists such as Freedom Williams of C&C Music Factory, as well as a tremendous group of new artists set to launch later this year and early 2006. Our plan is to synchronize release schedules of Grove Mobile and RMD's European distribution arms to maximize their profile and revenues in the market.'' Giorgio Costonis, CEO of Sciax Corp. and President of RMD Entertainment, added, ``We are continuing to pursue the 14 to 24 year old market internationally. Groove Mobile allows us to establish a substantial foothold in that target demographic revenue base throughout the European territory. Hip Hop has become an international phenomenon and we feel that it was imperative to tap into all global markets in every arena available as technology continues to develop.'' About Sciax: RMD Entertainment Inc. Division RMD has experienced good success at the international level with its dance hits and productions involving a variety of styles by many well-known artists. RMD has produced a wide variety of music including Hip-Hop, Pop, World Music, Rock, Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have collaborated with some of the most influential names in the music scene today, including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and jazz saxophone legend Bill Evans. Sciax Defense Division: Sciax Defense is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. http://www.sciax.com/ This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and Sciax Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward looking statements be subject to the ``safe harbor'' provision of the Private Securities Litigation Reform Act of 1995.
Contact: Sciax Corp. Elliott Nadel 516-750-9719 en@empirerelations.com Source: Sciax Corp.
Posted by *Magnetic*Microspheres* on :
Keep an eye on this one today....
Posted by EverGreen on :
believe me
Ringtone in Europe is really HUGE (up to $1,50 each download!!!)
even a small portion of this will generate big revenues
Posted by *Magnetic*Microspheres* on :
quote:Originally posted by EverGreen: believe me
Ringtone in Europe is really HUGE (up to $1,50 each download!!!)
even a small portion of this will generate big revenues
Yes you would know being from Switzerland and all To bad it is such a slow market day or else this stock would be moving. Oh well the chart is shaping up nicely this will go soon.
Posted by *Magnetic*Microspheres* on :
SCXC News
July 18, 2005 11:21:02 (ET)
BAY CITY, Mich. and TORONTO, Jul 18, 2005 (PRIMEZONE via COMTEX) -- RMD Entertainment Inc., a wholly owned subsidiary of Sciax Corp. (Pink Sheets:SCXC), announced today that it has reached an agreement in principle with the Pickwick Group of London England. Pickwick Group, a major player in music and DVD distribution, will manufacture, promote and distribute RMD's music catalogue exclusively in the European Market to complement the North American distribution agreement with Bungalo Records and Universal Music Group.
"The negotiations on this deal went extremely well. We expect to review the contract with our legal team this week and sign the final agreement," said Giorgio Costonis, the President and CEO of Sciax and its subsidiary RMD Entertainment. "Our distribution agreements will now span the Atlantic. These deals give us access to the largest consumer outlets in North America and Europe. In addition, we have an international presence in all digital music hubs with deals in place with world class companies such as Apple's 'I-Tunes and Sony Connect'."
Release dates are expected to begin in January, 2006. Final release dates and promotion schedules are expected to be announced to the public in August, 2005.
About Sciax
RMD Entertainment Inc. Division
RMD has experienced good success on the international level with its dance hits and productions involving a variety of styles by many well-known artists. RMD has produced a wide variety of music including Hip-Hop,Pop, World Music, Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have collaborated with some of the most influential names in the music scene today such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend Bill Evans.
Sciax Defense Division:
Sciax Defense is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. http://www.sciax.com Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the U.S. and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and Sciax Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward looking statements be subject to the ``safe harbor'' provision of the Private Securities Litigation Reform Act of 1995.
SOURCE: Sciax Corp.
Sciax Corp. Elliott Nadel (for Sciax) 516-750-9719 en@empirerelations.com
Posted by lilpennypincher on :
> BAY CITY, Mich. and TORONTO, July 29, 2005 (PRIMEZONE) -- Sciax Corp. (Pink Sheets:SCXC) announced today that it will conduct a Conference Call to discuss recent corporate activities including the acquisition of RMD Entertainment Inc. Sciax Corp. invites shareholders, prospective shareholders and analysts to participate in the Sciax Corp. Conference Call on Wednesday, August 3 at 4:30 p.m. EST. The dial-in number will be (866) 721-2330. If prompted, please advise the operator you are dialing in for the Sciax Corp. Conference Call.
About Sciax
RMD Entertainment Inc. Division
RMD has experienced good success on the international level with its dance hits and productions involving a variety of styles by many well-known artists. RMD has produced a wide variety of music including Hip-Hop,Pop, World Music, Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have collaborated with some of the most influential names in the music scene today such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend Bill Evans.
Sciax Defense Division:
Sciax Defense is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. http://www.sciax.com Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the U.S. and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and Sciax Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward looking statements be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.
CONTACT: Sciax Corp. Elliott Nadel (for Sciax) (516) 750-9719 en@empirerelations.com
Posted by Homerunner on :
Anybody notice the run...it is up 129% sofar!! News coming this Wednesday.
Posted by databig on :
its looking good,, wish i had more shares,, climbing so i will ride what i have
Posted by hlniv on :
Yes, running today... more in the near future, imo, too!
Posted by databig on :
its climbing now , just wait til after the confrence call wed , its heading for penny land
Posted by Homerunner on :
Up 257% - nice run!
Posted by doling2005 on :
Anyone think this runs to the news on Weds?
Posted by doling2005 on :
Don't think I've ever seen anything quite like this one?? Just keeps going
Posted by hlniv on :
Exploding just like SSTY yesterday.... I expect a huge gap... I'm holding my .0028, .0038, .0043 shares tight...
Posted by firefighterswct on :
Hey guys im not a basher at all i love seeing stocks run like this but just be care the the pumpers and dumpers group ( shakerz) are all over this stock so just be carefull
Posted by hlniv on :
There's a lot of people (groups) all over this stock. I'm out on the gap in the AM.
Posted by doling2005 on :
Well, I guess that's why it'll probably run until the conference call on Wednesday.
Posted by imakmony2005 on :
Now that was one great day.In in the morning AND OUT BY NOON.
Posted by dingbat on :
excellent run! good company too
Posted by imakmony2005 on :
whats next.
Posted by hlniv on :
A penny is next... I'm looking for a nice gap this morning...
Posted by realityinc21 on :
Bouncing off .005 Posted by realityinc21 on :
Bouncing nicely off .005 Posted by databig on :
looking good,
Posted by imakmony2005 on :
Down it gos.
Posted by The Nice Guy on :
Just to say Hello Everyone. I am new here. a simple man trying to make some money on the side.
Posted by databig on :
i think imo that after 4:30 tomorrow , come thur this will head north , for some reason i think the news from the call will be great news, along with the acquisition of RMD,(( like a contract or large order could be in the works IMO )) happy trading tomorrow.
Posted by doling2005 on :
The call and recent pr's have brought postitive attention to the stock. Looking forward to conference call Weds.
Posted by doling2005 on :
Huge rebound here. News after the bell.
Posted by doling2005 on :
Catch the rebound here folks! Posted by realityinc21 on :
Who listened to the conference call? Reports please???
Posted by databig on :
i didn't catch the call, looks like its heading for north country
Posted by databig on :
MMs driving the price down, i think it will rebound after lunch
Posted by databig on :
this is really looking to be a good entry point , think its hit the bottom someone at RB said PR next week, i emailed elliott, there cc wasnt the best for imformation. check it out
Posted by Homerunner on :
Sciax Corp. Announces Agreement to Release Multi-Platinum Recording Artist Heavy D.
BAY CITY, Mich. and TORONTO, Aug 8, 2005 (PRIMEZONE via COMTEX) -- Sciax Corp. (Pink Sheets:SCXC) and RMD Entertainment Inc., a wholly owned subsidiary of Sciax Corp., announced today that an agreement has been signed to release the new CD of multi-platinum recording artist 'Heavy D' through RMD Entertainment Inc. and Bungalo Records. Bungalo Records is exclusively distributed by Universal Music and Video Distribution. Multi-platinum recording artist 'Heavy D', now referred to as 'Hev', has completed a new album with tracks produced by Sean 'Puffy' Combs, Pharell of the Neptunes, and an appearance by Grammy nominated artist Anthony Hamilton. Giorgio Costonis, CEO of Sciax Corp. and President of RMD said, "This is the type of project we were looking for to effectively brand the RMD name in the Hip Hop market place. It is a project from an established artist that solidifies our relationship with Bungalo Records and makes a very strong statement to Universal Music and Video Distribution that RMD Entertainment and Bungalo Records are going to be bringing high profile projects to the table now and in the future." RMD V.P. KC Flightt added, "We hope that this project is the first of many that we do in this format. They are a nice complement to our new artist roster and should help pave the way for other releases by creating cross promotion opportunities in all media formats."
Born in Jamaica, West Indies, 'Heavy D' grew up in Mount Vernon, New York, where he started developing his rap skills at eight years of age. He formed the group 'Heavy D and the Boyz' and earned three Grammy nominations selling over six million records. 'Heavy D' also served as Chairman of Uptown Records, working with the multi-platinum group Jodeci and artist Mary J. Blige. He continues to produce records for artists including Jay-Z, Lenny Kravitz, Timbaland, Carl Thomas and Toni Braxton.
About Sciax
RMD Entertainment Inc. Division
RMD has experienced good success on the international level with its dance hits and productions involving a variety of styles by many well-known artists. RMD has produced a wide variety of music including Hip-Hop,Pop, World Music, Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have collaborated with some of the most influential names in the music scene today such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend Bill Evans.
Sciax Defense Division:
Sciax Defense is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. http://www.sciax.com. Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the U.S. and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
Posted by Homerunner on :
Biggest names In the Industry
this news is the start of some big stuff.D and Sean puffy are the biggest names in rap.
Posted by Homerunner on :
Wow it's running!!!!!
Posted by databig on :
and when they get afew defense contracts, it will climb.......
Posted by Homerunner on :
Absolutely. What a combination rap and defense. Both are mega $$$$$. It's up at 56%. Nice run sofar.
Posted by mbmaid on :
Anyone have L2's on this? Thanks.
Posted by mbmaid on :
Up 73% at the moment.
Posted by Homerunner on :
Bid 0.0044 - Ask 0.0045 Up 91.30% - Sweeeet!!!
Posted by Enjoys$ on :
How far do you guys think this can run to !!! I dont see any resistance till .008 !!!
Posted by mbmaid on :
Enjoy...do you have full L2's?
Posted by Enjoys$ on :
NO, I say resistance in a TA point of view. I wish I did though, does anyone?
Posted by firefighterswct on :
I have full l2's mm's keep followuing the bids downs
Posted by Enjoys$ on :
Can it make it to .008's !
Posted by mbmaid on :
Man, I just want .005!
Posted by firefighterswct on :
good luck with that lol you guys have a big resister at .004 6 mm's at .004 on the ask
Posted by Homerunner on :
Sciax Corp. and RMD Entertainment Inc., a wholly owned subsidiary of Sciax Corp., announced today that an agreement has been signed to release the new CD of multi-platinum recording artist 'Heavy D' through RMD Entertainment Inc. and Bungalo Records. Bungalo Records is exclusively distributed by Universal Music and Video Distribution. Multi-platinum recording artist 'Heavy D', now referred to as 'Hev', has completed a new album with tracks produced by Sean 'Puffy' Combs, Pharell of the Neptunes, and an appearance by Grammy nominated artist Anthony Hamilton. Giorgio Costonis, CEO of Sciax Corp. and President of RMD said, ''This is the type of project we were looking for to effectively brand the RMD name in the Hip Hop market place. It is a project from an established artist that solidifies our relationship with Bungalo Records and makes a very strong statement to Universal Music and Video Distribution that RMD Entertainment and Bungalo Records are going to be bringing high profile projects to the table now and in the future.''
RMD V.P. KC Flightt added, ''We hope that this project is the first of many that we do in this format. They are a nice complement to our new artist roster and should help pave the way for other releases by creating cross promotion opportunities in all media formats.''
Born in Jamaica, West Indies, 'Heavy D' grew up in Mount Vernon, New York, where he started developing his rap skills at eight years of age. He formed the group 'Heavy D and the Boyz' and earned three Grammy nominations selling over six million records. 'Heavy D' also served as Chairman of Uptown Records, working with the multi-platinum group Jodeci and artist Mary J. Blige. He continues to produce records for artists including Jay-Z, Lenny Kravitz, Timbaland, Carl Thomas and Toni Braxton.
Posted by MasterQuinn on :
this should take off after lunch..
Posted by mbmaid on :
L2's anyone?
Posted by one2watchny on :
1@.0037 4@.004
Posted by mbmaid on :
Thank you.
Posted by one2watchny on :
1 .0039 3 .004
Posted by mbmaid on :
Looks to be setting up nicely for an afternoon run. Any thoughts?
Posted by databig on :
not bad for the close .0038 hopefully tomorrow she will move up more.. suppose to be more news comming this week , according to RB board.. lets hope so.
Posted by mbmaid on :
Any thoughts on today's action? L2's?
Posted by MasterQuinn on :
Sciax Corp. Releases Shareholders Letter Aug 9, 2005 8:53:00 AM 2005 PrimeZone Media Network BAY CITY, Mich. and TORONTO, Aug. 9, 2005 (PRIMEZONE) -- Sciax Corp. (Pink Sheets:SCXC) today released a letter to the shareholders from Mr. Giorgio Costonis, chief executive officer of Sciax Corp.
Dear Fellow Shareholders,
It is with great pleasure and excitement that I am writing to you today in my first shareholder letter since being appointed chief executive officer of Sciax Corp. Some of you have been investors in our company for a very long time. For your faith and perseverance, you have my deep appreciation. Some of you are relatively new investors in Sciax Corp. Thank you for your loyalty, dedication and interest.
My background and experience include a position at Corporate Development Services, a consulting company in the Boston area, where I was responsible for strategic business planning as the Vice President of Business Development for two years. I was exposed to music at a very young age by my mother, who was a classically trained pianist at the Julliard School of Music. In addition, I myself have produced and performed several published works of music as well and have shared the stage with well known performers such as Keith Sweat, Shai, and the Sugar Hill Gang in the past. In my estimation, this position at Sciax was tailor-made for me. This is also a very exciting time for Sciax Corp. and for me personally as we build a dynamic lifestyles and entertainment company targeting hip-hop, the fastest growing sector of the entertainment industry. What does this mean in terms of opportunity for us as an organization? Let me give you some of the size of this market:
The hip-hop industry today is celebrating 30 years of growth and is currently estimated to be a $10 billion a year industry worldwide. The hip-hop industry is the focus of the youth of today.
Here are some additional statistics for the U.S. marketplace:
-- In 2004, sales of hip-hop CD's alone topped $1.5 billion; -- Annual sales of hip-hop clothing was $2.5 billion; -- Related hip-hop merchandising and marketing reached $1.7 billion; -- 42 percent of all songs in the weekly Billboard Top 20 charts were hip-hop titles; -- The number one entertainment programming globally on MTV and BET is hip-hop. The hip-hop industry is here to stay. Madison Avenue and
Posted by databig on :
looks like this could be a big money maker,, along with the defense side of the company.
Posted by mbmaid on :
Making a nice, slow steady comeback this afternoon. Possible news on the horizon? Any thoughts?
Posted by databig on :
shes moving alittle , alot of people waiting on defense news, maybe this week... hope so.,
Posted by mbmaid on :
Ticking up in after hours, .0035 x .0037
Posted by mbmaid on :
There were some posts on another board about big happenings about to take place here. Supposedly has to do with the defense end of the business.
GLTA
Posted by databig on :
this is a good entry point imo with news comming next week.
Posted by mbmaid on :
Defense news coming next week. Entry point is NOW.
Posted by Homerunner on :
Hopefully they will have their website up and running. I cannot wait to see it.
Posted by mbmaid on :
one2 whats your take on this one, iam sill in ,do you think it can hit the penny with good news?
Posted by mbmaid on :
Nice strong close at the high. Someone came in and bought 5 million shares at the ask, ran it up to where it is now. Big things brewing.
Posted by one2watchny on :
quote:Originally posted by databig: one2 whats your take on this one, iam sill in ,do you think it can hit the penny with good news?
could go .006 before news, I'll sell half and ride the rest.
Posted by realityinc21 on :
One to watch today.. High volume yesterday-with 26% gain. Could be a nice reversal. Not confirmed yet. See how today plays out. IMHO
I jumped on at .0025 and .0026
Posted by one2watchny on :
quote:Originally posted by realityinc21: One to watch today.. High volume yesterday-with 26% gain. Could be a nice reversal. Not confirmed yet. See how today plays out. IMHO
I jumped on at .0025 and .0026
Great to see you aboard! Posted by mbmaid on :
Looking good, bid is up this morn: .0032 x .0033
Posted by databig on :
i would bet there is some news comming withs the was it traded yesterday, someone knows something.
Posted by dataminer on :
This one is getting interesting. I jumped on at .0011 / .0012
Posted by databig on :
i think this will move higher as soon as the web site is complete, july 27,05 elliott emailed a reply to me about homeland security, and that they were trying to effectuate sales to the military ,, news could be comming
Posted by mbmaid on :
Did they say when the website would be complete? Also, will it be geared more to the defense division, or the hip-hop? (I still can't swallow that combination).
Posted by databig on :
they didn't say when the web site would be done, or if they would be more geared towards defense, the old web site had some nice products on it. when i emailed him on homeland security, and compared SCXC to HISC & MRKL he said he hoped they could do better. lets hope so.
Posted by mbmaid on :
Starting to move, gang, on low volume. Keep an eye on it...news may be on the horizon.
Posted by Homerunner on :
Yep, nice run Bid 0.0028 Ask 0.0030. I believe that according to IR they are to release news on several fronts. Hopefully, they will have their new website up soon:)
Posted by realityinc21 on :
.003
Posted by mbmaid on :
News coming VERY SOON. Time to get on board. GLTA.
Posted by *Magnetic*Microspheres* on :
I just bought back in!
Posted by mbmaid on :
What did you get in at?
Posted by *Magnetic*Microspheres* on :
.0025 here comes the buys!
Posted by *Magnetic*Microspheres* on :
Good buying opportunity IMO
Posted by databig on :
this will go up when the PRs start to come, i read somewhere, there will be some comming, both for the hip hop and defense side, probable when the web site is done.. imo
Posted by *Magnetic*Microspheres* on :
u/t'ing
Posted by *Magnetic*Microspheres* on :
Lets see if an after lunch surge can take down that .003 wall!
Posted by goldisgood on :
homeland security play turned p diddy...you must be joking.........lol
Posted by *Magnetic*Microspheres* on :
YO, He changed his name to just Diddy and yes I have hip hopped in and out of this play and made bank. Say word! What are you so tight about son?
Posted by databig on :
something seems screwy with this , system is putting in wrong #s anyone else see this, showed it at $1.27 put my acct: over a mil for a minute..lol
Posted by *Magnetic*Microspheres* on :
quote:Originally posted by databig: something seems screwy with this , system is putting in wrong #s anyone else see this, showed it at $1.27 put my acct: over a mil for a minute..lol
Same here databig $1.27; so thats what my account would look like if I were wealthy lol
Posted by *Magnetic*Microspheres* on :
SCXC .0026 news (PrimeZone) Sciax Corp. CEO Announces Formation of Advisory Board to Manage G owth Opportunities Sciax Corp. CEO Announces Formation of Advisory Board to Manage Growth Opportuni ies
> BAY CITY, Mich. and TORONTO, Aug. 26, 2005 (PRIMEZONE) -- Sciax Corp. (Pink Sheets:SCXC) today announced the formation of an Advisory Board to oversee the company's growth opportunities. The Board will be headed by newly appointed CEO Giorgio Costonis, Chairman Nitin Amersey and Aldo Rotondi. Mr. Rotondi previously served on the Board of Directors of Sciax Corp. but later resigned due to disagreements with the former executives of the company. He recently spoke of his new role at Sciax Corp. "Sciax is creating an Advisory Board, the purpose of which is to add depth to the management team and gather knowledge from experienced business professionals and select individuals within the industry. This will increase Sciax's capabilities while exploring new opportunities to enhance shareholder value. I look forward to working with Giorgio and the new management team in this endeavor. We have a lot of wonderful opportunities available which can help to expand and diversify Sciax Corp."
Giorgio Costonis, CEO of Sciax Corp. added, "This undertaking is targeting all divisions of the company to increase overall shareholder value. It should be looked upon as an internal strategic audit of corporate performance and a re-examination of all opportunities for revenue and growth over the next two years. We are committed to doing everything we can do to improve the performance of Sciax for its shareholders. RMD Entertainment, as well as the defense division, will also be examined very closely by our Advisory Board. We will continue to be aggressive in pursuing all of the opportunities presented to the company while maintaining a controlled schedule of growth. Sciax has a lot of decisions to make and each one will be made with the best interests of the shareholders in mind. I am confident that the addition of Aldo Rotondi will enable us to manage all the tasks at hand, professionally and completely."
About Sciax
RMD Entertainment Inc. Division
RMD has experienced good success on the international level with its dance hits and productions involving a variety of styles by many well-known artists. RMD has produced a wide variety of music including Hip-Hop, Pop, World Music, Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have collaborated with some of the most influential names in the music scene today such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend Bill Evans.
Sciax Defense Division:
Sciax Defense is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. http://www.sciax.com. Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the U.S. and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and Sciax Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward-looking statements be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.
CONTACT: Sciax Corp. Elliott Nadel (for Sciax) (516) 750-9719 en@empirerelations.com
Posted by realityinc21 on :
Starting to make a move north Posted by realityinc21 on :
Breaking out big Posted by *Magnetic*Microspheres* on :
Go my precious scxc!
Posted by zo on :
SCXC the next BCIT
Posted by databig on :
i think this company has a good product for the defense side, and the hip hop is just a plus , when the web site is complete , i think this will really start to move...
![[Smile]](smile.gif)
on this one today....
![[Big Grin]](biggrin.gif)
![[Razz]](tongue.gif)