Signet International Holdings Announces Acquisition of Major Independent TV Network, AMG TV, With Worldwide Viewership
September 17 2009 - 3:00PM
Business Wire
Ernest Letiziano, Signet’s Chairman (OTCBB:SIGN) announced the
acquisition of Access Media, Inc., the parent company of AMG TV,
Pittsburgh, PA. Terry Elaqua, CEO of Access, reports another
consecutive year of growth in the Network. AMG TV is one of the
fastest growing broadcast networks in the country, delivering TV
shows that highlight Adventure, Children’s programming, Sports,
Home Life, and economic and financial updates. The Network also
presents an assortment of Music Specials, Dramas, Comedy Shows,
Health, Finance, How To, Travel and daily news round out its 24/7
program schedule. AMG TV currently holds over 2,000 titles at its
Pittsburgh library, 1,500 feature films at its Dallas facility and
over 500 music specials in New Jersey. The Network recently
expanded its market from the current 70 million TV Households in
the USA and the Caribbean, New Zealand, Germany, Central and South
America, and selected markets in Asia are coming soon.
“The opportunity to be associated with Signet is just the step
we need to further develop our operations,” says Terry Elaqua, “The
public venue and Signet’s business savvy provide us with a
promising future.”
“AMG TV is a perfect addition to our business model,” says
Letiziano, “we are proud to welcome Terry and her talented staff to
our company. Her straightforward, honest approach to business is
refreshing; a quality every Wall-Streeter will appreciate. This
strategic arrangement is the foundation for all of our immediate
and particularly our future plans. ”
Signet International Holdings, Inc. is a publicly owned
corporation (OTCBB:SIGN) who, through its subsidiaries, owns and
operates television distribution world wide and will produce
sports, and entertainment programming. Signet’s business plan is to
expand its own worldwide TV Network.
Excluding historical facts, matters discussed in this press
release include forward-looking statements that may involve a
number of risks and uncertainties. Actual results may vary based
upon a number of factors, including, but not limited to, risks in
product and technology development, market acceptance of new
products and continuing demand, competitive product impact,
pricing, and changing economic conditions. Please see Company's SEC
filings @ www.sec.gov
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