Exhibit 99.1
For Immediate Release:
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EMERGING MEDIA HOLDINGS INC. SIGNS A DISTRIBUTION
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AGREEMENT WITH VIDEO INTERNATIONAL M LTD
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Orlando, Florida, October 1, 2007 /Prime Zone/ -- Emerging Media Holdings (OTC
BB: EMDH - News), announced today that its wholly owned subsidiary Media Alianta
has signed a distribution agreement with Video International M, LTD.
Video International M, LTD is a member of Video International IV group
(xxx.xx.xx) - the largest operator on the media advertisement market in the
Eastern Europe. The 2006 turnover of the Video International IV group was
estimated at 2.5 billion dollars.
Video International IV group works in a partnership with WPP (xxx.xxx.xxx), a
world leader in advertising and marketing. WPP has entered into a
partnershipwith Video International IV group to create a network of companies
that target the fast growing market of marketing and advertisement services in
Eastern Europe.
Video International M, LTD holds 75-80% of the total advertising budget of the
whole country. The agreement guarantees the increase in Emerging Media Holdings
revenues by at least 35-40% in 2008.
About Emerging Media Holdings:
Emerging Media Holdings Inc. is the US parent company for Media Alianta and
Analiticmedia-Grup (AMG) subsidiaries. EMH's primary activities are radio and
television broadcasting EMH's subsidiary AMG is the market leader in Republic of
Moldova as a company in television advertising and production of its own TV
shows.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: This press release contains forward-looking statements (within the meaning
of Section 27a of the Securities Act of 1933 and Section 21e of the Securities
Exchange Act of 1934) regarding us and our business, financial condition,
results of operations and prospects. Forward-looking statements in this report
reflect the good faith judgment of our management and the statements are based
on facts and factors as we currently know them. Forward- looking statements are
subject to risks and uncertainties and actual results and outcomes may differ
materially from the results and outcomes discussed in the forward-looking
statements. Readers are urged not to place undue reliance on these
forward-looking statements which speak only as of the date of this press
release. We undertake no obligation to revise or update any forward- looking
statements in order to reflect any event or circumstance that may arise after
the date of the press release. Political and operational risks in the countries
in which Emerging Media Holdings, Inc. may operate and governmental regulation
and judicial outcomes, and other risks detailed from time to time in Emerging
Media's filings with the Securities and Exchange Commission, including its
Quarterly Report on Form 10-Q for the quarter ended June 30, 2007. Copies of
each filing may be obtained from Emerging Media Holdings or the S.E.C. or its
web site at xxx.xxx.xxx.
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For Further Information:
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Xxxxx Xxxx
Xxxxxxx Consulting, Inc.
Phone 877-MIRADOR or 000-000-0000
