December 04, 2008

AMG Entertainment to Form New Label with Producer/Songwriter Marti Frederiksen

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AMG Entertainment, Inc., one of the industry's fastest growing record labels, announced today that it has signed a joint venture letter of agreement to create a new music company with award-winning hit producer and songwriter Marti Frederiksen and seasoned music attorney and entrepreneur Eric Galen.

Mr. Frederiksen has been in the music industry for over 25 years, having co-written and produced hits such as Aerosmith's "Jaded", Buckcherry's "Sorry," and many others. He will also join AMG as Executive Vice President and serve on its Advisory Board. "Marti Frederiksen brings a level of experience and creativity to our team that no amount of money can buy," stated David Michery, President of AMG. "Marti has worked with artists such as Aerosmith, Buckcherry, Mick Jagger, Sheryl Crow, Motley Crue, Def Leppard and Pink, just to name a few. He has that magic that can turn the ordinary into the extraordinary and we are very excited to have Marti along to help create the vision that we all share. After many years of countless gold and platinum records, and looking for that one special star in the sky, no opportunity like this has ever been presented before. AMG views this partnership as a once in a lifetime opportunity to work with a legend who transcends genres and roles, and can help raise our business to the next level".

Eric Galen, has focused on music and new media for over a decade while working in several of the nation's top law firms, serving as an executive with Internet music companies, and assisting producers and record labels with artist development, business and legal affairs, Internet strategies and new business models. "Eric Galen has worked closely with Marti Frederiksen for a number of years and brings our team a unique blend of expertise in business and legal affairs, artist development and new media strategies" said Mr. Michery. "Eric is a leader in the new music business and he will be central to the creation and execution of our new vision."

About AMG: AMG Entertainment, Inc. is a private company whose mission is to identify, produce, market and distribute original music in the genres of Alternative/Punk/Rock. Originally formed through the partnership of music industry veteran David Michery and venture guru Ray McNamee, AMG, under the label Almar Records, seeks to partner with new and established artists and production companies, and to market the next wave of great music through a three-tiered approach of traditional, digital and live performances.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.

SOURCE: AMG Entertainment, Inc.

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