NEW YORK, Oct. 26, 2011 /PRNewswire/ -- Pegasus Tel,
Inc. (PTEL:OTCBB), specializing in the sales and marketing of
social media, video technology and on-line streaming video
platforms, announced today it has commenced trading on the Berlin
Stock Exchange (BE-Borse Berlin) in Germany under the trading symbol
7PT.BE
Anthony DiBiase, CEO of
Pegasus Tel, said, "The listing on the Berlin Stock Exchange
is another milestone in our long-term growth strategy. With a
strong interest in internet technologies among European companies
and investors, the BE listing will increase the visibility of our
premiere web site MusicMatrix.com and extend our playing
field by reaching into the European market. Trading in both
the United States and Germany will provide Pegasus and
MusicMatrix.com additional opportunities to advance
us to the next level of commercial and marketing development."
MusicMatrix.com provides the ultimate destination for
artists, directors, producers, video editors and music fans
worldwide to upload, direct, edit and showcase music videos.
The site will promote free membership options with a simple
sign-up process. Free members will have access to the site's
user-friendly editor and ability to enter contests. To
support free membership, a new business model will allow global
advertising on the site. "We feel that the ability to edit and
create videos with unique content and special effects on our
groundbreaking editor is the pearl in the oyster, and we want to
give all MusicMatrix members the opportunity to try it,"
adds DiBiase.
ABOUT THE BERLIN STOCK
EXCHANGE (BE-Borse Berlin)
Borse Berlin (or Berlin Stock Exchange) is a stock
exchange based in Berlin, Germany, founded in 1685 through an edict
of Great Elector Friedrich Wilhelm and is one of the oldest
exchanges in Germany. In order to
address internationalization and growing consolidation pressure,
Borse Berlin has pursued a successful niche strategy since the
mid-nineties, with a particular focus on trading the widest
possible range of foreign stocks. With the advent of MiFID (Markets
in Financial Instruments Directive), the exchange has decided to
realign itself completely with its new market segment Equiduct
Trading, the exchange will be truly pan-European. Equiduct
Trading will allow Borse Berlin to expand its service offering,
which until recently was primarily addressing retail investors, by
offering custom made solutions for professional market
participants. For more information, please visit
www.boerse-berlin.com.
ABOUT MUSICMATRIX.COM
MusicMatrix.com is the premiere on-line destination for
artists, directors, producers, video editors and music fans
worldwide to upload, direct, edit and showcase unique video content
with groundbreaking, user-friendly, video editing technology.
MusicMatrix also serves as a rapidly expanding social
network where members can share custom videos, engage in the
promotion of their favorite artists, and win amazing prizes.
The website recently gained global attention with the
in-house production and release of Backstreet Boys Howie D's
debut single "100" from his first solo album Back to
Me. MusicMatrix.com is prominently featured in the
opening credits of the video shown during the NKOTBSB Tour
in US and Canada and on
iTunes.
For more information, please visit: www.MusicMatrix.com.
Twitter: @YourMusicMatrix
Facebook: www.Facebook.com/YourMusicMatrix
Youtube: www.youtube.com/YourMusicMatrix
ABOUT PEGASUS TEL, INC. (PTEL:OTCBB) (7PT.BE)
Pegasus Tel, Inc. is a global leader in web based
technology solutions and corporate headquarters of
MusicMatrix.com. The primary goal of the Company's
projects is focusing on constant innovation in emerging technology
areas. We believe that our corporate partners will get only the
best when they work with us. PTEL web based projects
engage users with the core features of everyday life through
innovative video streaming, web-based and mobile applications. We
market and refine products from emerging technologies like mobile
and social media, which enable our users to stay in 'constant
connection' with their users through relevant and unique online
marketing initiatives. Our solutions allow customers, employees,
constituents, and shareholders to engage, communicate, connect and
grow with others that share similar interests. Whether you are
using a smartphone, a computer, or a tablet, PTEL's
technology and platforms provide you with the optimal experience
that you are looking for in an online platform. For more
information on Pegasus Tel, please visit www.ptelcorp.com.
This press release contains "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended and such forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause
future circumstances, events or results to differ materially from
those projected in the forward-looking statements as a result of
various factors and other risks. You should consider these factors
in evaluating the forward-looking statements included herein, and
not place under reliance on such statements. The forward-looking
statements in this release are made as of the date hereof and
Encounter Technologies, Inc. under take no obligation to update
such statements.
INVESTOR RELATIONS CONTACT:
Anthony DiBiase
239.839.4987
info@ptelcorp.com
SOURCE Pegasus Tel, Inc.