Snocone Systems Inc. Signs Revenue Deal With FitBeautiesMag.com To Supply Mobile Video Streaming To Subscribers2004-10-13 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