Post by shmokie2 on May 4, 2005 16:39:37 GMT -5
Prime Rate Investors, Inc. Name Change Update
5/4/05
STOWE, Vt., May 04, 2005 (BUSINESS WIRE) --
Prime Rate Investors, Inc. (OTC.PK: PRRM) announced it is deliberating the appropriateness of several corporate names as submitted by shareholders. The field has been narrowed to twenty-five submissions including Cold Star Media, Summus Media Works, Peak to Peak Media, United Mountain Media, Media Mogul Group, Edge Media, Terra Sport Group, and High Angle Group among others. The company had previously announced its intention to assume a new name, inviting shareholders to enter submissions at www.prrm.info. The company will accept suggestions on the website until June 1. The company is offering a weekend getaway to Smuggler's Notch Resort in Jeffersonville, VT to the individual whose suggestion is adopted by the company.
Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Its wholly owned subsidiaries include: Stowe TV-10, and Adirondack TV-33, two RSN affiliated cable broadcast companies; High Angle Media, Inc., a video production company that also manages the RSN affiliates Sugarbush TV-12 and Smuggs TV-9; and BCTV, the outdoor adventure series "Backcountry TV" appearing nationwide. Prime Rate Investors' majority owned subsidiaries include N'EAST Magazine, showcasing outdoor sports and lifestyle in the northeast, and Stockli Ski USA, the exclusive U.S. distributor of Stockli skis, bikes and sportswear.
For more information, visit the www.prrm.info, www.stowetv10.com, www.neastmagazine.com, www.highanglemedia.com and www.stockli.com.
Company contact: Dan Burgess: Telephone: 802-253-0199 FAX: 888-607-9495 www.prrm.us E-mail: info@stowetv10.com
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: Prime Rate Investors, Inc.
Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 FAX: 888-607-9495 www.prrm.us E-mail: info@stowetv10.com
5/4/05
STOWE, Vt., May 04, 2005 (BUSINESS WIRE) --
Prime Rate Investors, Inc. (OTC.PK: PRRM) announced it is deliberating the appropriateness of several corporate names as submitted by shareholders. The field has been narrowed to twenty-five submissions including Cold Star Media, Summus Media Works, Peak to Peak Media, United Mountain Media, Media Mogul Group, Edge Media, Terra Sport Group, and High Angle Group among others. The company had previously announced its intention to assume a new name, inviting shareholders to enter submissions at www.prrm.info. The company will accept suggestions on the website until June 1. The company is offering a weekend getaway to Smuggler's Notch Resort in Jeffersonville, VT to the individual whose suggestion is adopted by the company.
Prime Rate Investors (OTC.PK: PRRM) is a multi-media holding company with interests in outdoor sports, e-tail, retail, print, web, television and film. The company's strategic relationships with multi-faceted, outdoor sports entities allow it to offer diverse advertising solutions to businesses seeking multi-media exposure. Its wholly owned subsidiaries include: Stowe TV-10, and Adirondack TV-33, two RSN affiliated cable broadcast companies; High Angle Media, Inc., a video production company that also manages the RSN affiliates Sugarbush TV-12 and Smuggs TV-9; and BCTV, the outdoor adventure series "Backcountry TV" appearing nationwide. Prime Rate Investors' majority owned subsidiaries include N'EAST Magazine, showcasing outdoor sports and lifestyle in the northeast, and Stockli Ski USA, the exclusive U.S. distributor of Stockli skis, bikes and sportswear.
For more information, visit the www.prrm.info, www.stowetv10.com, www.neastmagazine.com, www.highanglemedia.com and www.stockli.com.
Company contact: Dan Burgess: Telephone: 802-253-0199 FAX: 888-607-9495 www.prrm.us E-mail: info@stowetv10.com
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: Prime Rate Investors, Inc.
Prime Rate Investors, Inc. Dan Burgess, 802-253-0199 FAX: 888-607-9495 www.prrm.us E-mail: info@stowetv10.com