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��Press Release
Power Interactive Media, Inc. announces J.V. with Beryl Wolk, �The Marketing Wizard�
Ontario, Canada �(Business Wire) �December 14, 2001�Power Interactive Media, Inc. (OTCBB: PIAM) announces a Joint Venture, with Beryl Wolk�s international marketing company, IMC, for the promotion and marketing of Power Interactive Media, Inc.
Terry Cooke, President and CEO of Power Interactive stated, � We are pleased to be working with such a dynamic individual as Mr. Beryl Wolk (www.marketingwizard.com). Cooke goes on to say, �Beryl has vast experience with kiosks and is a co-founder of one of the largest kiosk companies in malls and train stations. His �stores without doors� market products and services in shopping malls to over 100,000 shoppers weekly. Beryl will be marketing Power Interactive�s innovative products in the U.S. and abroad, as well as marketing Power Interactive to the financial community.�
IMC has rapidly expanding relationships with individuals and companies that have businesses on and off line. Currently there are more than 346 members of IMC, and they receive more than 1 billion hits per month. This gigantic network will provide incredible market access and synergy that Power Interactive can leverage to achieve broad exposure and market presence quickly.
About Mr. Beryl Wolk:
Beryl, a Wharton School graduate, is a leader in the Cable TV Industry and co-founder of the Cable Advertising Bureau; he also co-founded the fifth largest magazine in the States: The Cable Guide. (Cable Guide recently merged with TV Guide.).
Mr. Wolk markets the IFPA, the Association of Weekly Newspapers in the U.S. that has a circulation of over 40 million readers. Beryl has access to $25 million of radio time; $50 million of TV time on a pay per performance basis and access to over 800 catalogs and at least 77 magazines.
Additionally, Mr. Wolk has access to 12,000 hotel rooms, via VATV for broadcasting infomercials, as well as access to the college market (3.7 million students) by way of �ULT College Consortium�.
Beryl�s World (www.berylsworld.com) is an influential Internet company that consists of 107 consortia worldwide.
About Power Interactive Media, Inc.
Power Interactive Media, Inc. (www.powerphoto.net), is an early-stage company incorporated in Florida and headquartered in Markham, Ontario, Canada. The Company was formed to develop and manufacture a digital photo-imaging module as a vehicle to showcase a revolutionary ``point-of-purchase'' advertising delivery system for major corporations. The consumer is lured to an innovative photo system that is designed to attract consumers with a digitized picture of themselves in a variety of entertaining environments. The machine instantaneously inserts a digitized photograph of the shopper with a choice of sports or entertainment celebrities using valuable licensed images from major entertainment sources such as the National Football League (NFL), World Wrestling Federation (WWF), Mattel and Universal Studios. In addition to photo revenue, the kiosks generate revenues from corporate advertising, data collection and consumer entertainment. The Infant Photographic Division specializes in marketing and placing Infant Photo Kiosks in hospital birthing units. The Baby Kiosk delivers complete photo packages of the high quality digital photographs to the parents within hours of delivery.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words ``may,'' ``would,'' ``will,'' ``expect,'' ``estimate,'' ``anticipate,'' ``believe,'' ``intend,'' and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
Power Interactive Media Inc., Markham
Terry Cooke (905)-948-9600
e-mail: [email protected]
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