MIAMI--(BUSINESS WIRE)--Jan. 3, 2006-- EZ2 Companies, Inc. (OTCBB:EZTO) announces that it has acquired an exclusive license to use EMEPE3.COM's Digital Music Distribution Technology. EMEPE3.COM, the leading online music provider for Latin America, was created in 1998. After successfully growing into the largest online music website for the Hispanic market, and launching the first ever Digital Music Store in Spanish, the company was sold in 2004 to a German Media Group. The new owners decided to focus on the European market starting 2006, which made the EMEPE3.COM proprietary technology available for licensing for the first time. "We have been working on developing and improving this technology for several years," said Anthony M. Weaver, CEO of EMEPE3.COM. "We always had the advantage of having our own exclusive technology, which was also one of the few that was accepted and approved by the major music companies for being reliable and secure." EZ2 Companies will use the technology to create EZ2Music.com, the company's first downloadable music website. "We wanted to have the best possible technology to develop EZ2Music.com, and now we have it," said Otto Bethlen, CEO of EZ2 Companies. "The online music business grew 350% during 2005, and represents now about 4% of the total music market. We want to have a cut of that, and we believe we have the tools now to make it happen." EZ2 Companies already has a couple potential candidates to run the EZ2Music division. The ideal candidate will have several years of experience in the music business, online music licensing, and digital downloads. "We know what we are looking for and we already have two final candidates," said Bethlen. "We will make the decision in the next few days and it will be announced officially next week."
Forward Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
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