DELRAY BEACH, Fla., Jan. 14 /PRNewswire-FirstCall/ -- Millennium National Events (OTC Pink Sheet: MNEI) today announced that it has entered into an exclusive agreement with SIGN-A-RAMA, giving the sign giant's 700 stores in 35 countries the benefit of Millennium's preferred vendor status with IMG, SFX and Clear Channel, and its access to over 5000 events worldwide. "Millennium's strength exists in its ability to produce one of the most robust and diverse schedules of events using all venues for concerts, sporting events, festivals and trade shows," said Mitchell Steinberg, Chairman and COO of Millennium. "Consolidating our signage consumption under one umbrella with a company that has the scope and vision of SIGN-A-RAMA will mean tremendous economy of scale purchasing power to us and will yield significant additional margin for both of our companies," added Steinberg. Industry estimates suggest that the expense budget on signage for events in 2004 ran to approximately one billion dollars worldwide. The alliance with SIGN-A-RAMA will bring value-added benefits to Millennium, with SIGN-A-RAMA shops throughout the world acting as "printing and graphics divisions" of the company. Added Steinberg, "It allows us to outsource, which is key to streamlining operations, the added bonus being that we maintain control and confidence in execution. We know SIGN-A-RAMA shops have the ability to get the job done, just about anywhere in the world. Instead of being one more thing to worry about, it becomes one more solid building block in Millennium's ability to be a turnkey event promoter worldwide." Ray Titus, President of both SIGN-A-RAMA and EMBROIDME, added, "We see this affiliation with Millennium as a natural extension for both of our franchise companies, SIGN-A-RAMA and EMBROIDME. The signage and embroidery business is a perfect complement to any, and all, events, and we are extremely excited about the positive impact this will have for our family of franchise owners." About Millennium National Events Millennium National Events, Inc. (MNEI) is an event company that is currently transforming the world of special events and corporate sponsorship. The Company is a fully integrated event promoter which owns, partially or entirely, and/or operates a diversified network of events and event promoters in the states of Florida, New York, Indiana, Colorado, California and Washington DC. Through its diverse segments, Millennium's footprint is expanding in live entertainment, including sports and music. While Millennium National Events owns and is constantly acquiring existing events, our upcoming calendar includes events with IMG, Clear Channel, SFX, the ATP, NFL, PGA, LPGA, and NASCAR. Certain statements in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. SOURCE Millennium Nation Events, Inc.
Contact Information: Mitchell Steinberg, Millennium National Events, +1-954-584-3443, mitch@theeventlink.com
Posted by Pezoi on :
Anyone have any thoughts on this one?
Posted by Ktrain420 on :
just one to watch tuesday morning........if it moves jump in............