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Author Topic: In Play: SCOS : News Out (see below)
TheWiz
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Snocone Systems Inc. Signs Revenue Deal With FitBeautiesMag.com To Supply Mobile Video Streaming To Subscribers

2004-10-13 09:01 ET - News Release

VANCOUVER, British Columbia -- (Business Wire) -- Oct. 13, 2004

Snocone Systems Inc. (OTCBB:SCOS) ("Snocone" or the
"Company"), an innovator of wireless solutions, is pleased to announce
it has signed a licensing agreement with FitBeautiesMag.com to use
Snocone's Mobile Video Streaming Service for FitBeautiesMag's web
service.
This licensing agreement is non-exclusive and for a period of one
year. Snocone will provide all the system integrations required to
enable FitBeautiesMag's expansion into the mobile video streaming and
monitoring marketplace.
Individuals will be able to instantly access the site via their
cell phone to see movies, real time model shoots and streaming live
footage from FitBeautiesMag's subscriber cam. Users will be able to
access the site and see live events from anywhere anytime through
their mobile device.
FitBeautiesMag has a print circulation of approximately 150,000,
an internet presence of over 200,000 page views per month, and is one
of today's fastest growing men's magazines in North America. This
contract gives Snocone fifty percent of all net revenues derived by
this service.
Snocone believes there is significant potential for Mobile Video
Streaming, Monitoring and Surveillance, not only in the security and
defense sectors, but in the sports and entertainment sectors as well.
This relationship with FitBeautiesMag is a great step for Snocone to
showcase these applications to the entertainment industry while being
a part of this lucrative market sector.
This service is being launched in association with Snocone's
preferred partners Feed Me Sports Inc. and RISKebiz Internet Services
Inc.

About Snocone Systems Inc.

The wireless market was pioneered in Europe and Japan, and has
come to North America in the past year with the availability of more
advanced cellular phones and wireless carriers eager to develop new
revenue streams. Recognizing this market opportunity, Snocone began
exploring innovative wireless solutions two years ago with the aim of
creating a portfolio of wireless technologies and applications. To
date we have successfully developed wireless mobile applications that
can be used in many areas such as Homeland Defense, mobile security,
online entertainment, web monitoring, adult industry, wireless mobile
surveillance and professional sports to name a few. The Company looks
forward to continually strengthening its base and bottom line through
suitable acquisitions that it deems to fit its strict criteria for
extensive growth in major market sectors. Snocone's web site is
located at www.snoconesystems.com.

Snocone Systems Inc. is featured at www.*********************.com.

This material includes forward-looking statements based on
management's Current reasonable business expectations. In this
document, the words "can," "anticipates," and similar expressions
identify certain forward-looking statements. These statements are made
in reliance on the Private Securities Litigation Reform Act, Section
27A of the Securities Act of 1933, as amended. There are numerous
risks and uncertainties that could result in actual results differing
materially from expected outcomes. The material should be read in
conjunction with the Company's current annual and quarterly reports
filed with the SEC, which contain discussions of currently known
factors that could significantly impact the Company's future
expectations.
Contacts:

FitBeautiesMag.com
Eric Rogell, 954-802-1320
or
*********************.com
Trevor Ruehs, 866-322-5990
truehs@*********************.com
or
Snocone Systems Inc.
Kevin Day, 604-220-3249 www.SnoconeSystems.com


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TheWatcher
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That is good news. I can't believe how fast this company is progressing!! We have news every few days it seems, and it's not meaningless stuff. Some great acquisitions, hirings, and partnerships all in the last month!
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TheWiz
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Watch for 1.40 as new break out point, very nice support currently 1.36 X 1.38
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TheWatcher
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Wiz you're right, $1.40 will be a base level. You can see the levels on this stock easily. .40 then $1 now $1.40

This should move quickly now.


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SCOSfollower
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Where will this go today????

This thing just keeps going up. It seems that someone is takign a position in this stock, The buying over the past few days has been consistent throguhout the day (even during the middle of the day)


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SCOSlong
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This thing was being bought again throughout the day and it closed at its high!!!!!!!

Something is going on here that is more than meets the eye. In my opinion.

I would love ot see this thing go to like 10 bucks!!!!! LOL


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TheWiz
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You just never know, this week should be hot for SCOS with the conference coming up in a few days and potential of new contracts being announced. 1.50 still seems like a very good entry level, this has a lot of strength behind it.

Nice to get a big winner for this board finally.


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TheWatcher
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$10 would be great!! I really do think this has that type of potential. With the realtime streaming video, homeland defense relationship and the deal they have with the new magazine there is certainly a lot to be excited about.
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TheWiz
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Could entry price of 1.32 on SCOS now, watch for next break out run.
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