Post by stevpot99 on Jun 22, 2005 18:44:42 GMT -5
Prime Rate Investors, Inc. Subsidiary N'east Magazine Summer Issue
STOWE, Vt., Jun 22, 2005 (BUSINESS WIRE) -- (BusinessWire)
Prime Rate Investors, Inc. (OTC.PK: PRRM) announced its majority owned subsidiary, N'east Magazine, L.L.C. will release its summer issue the first week of July, 2005. N'east Magazine is dedicated to outdoor adventures, sports, travel and lifestyle in and around northeast North America. The magazine is "artist built, athlete driven, reader supported," (TM) and produced with the highest standards; its content is showcased in a coffee-table quality journal built by regional artists.
"This second issue really is an awesome testament to the caliber of writers and photographers we represent," said N'east President Jim McGinley. "The summer issue has everything - from a cutting edge feature story on the 'Rides Of Passage' project, a hip combination of snowboarding and art - to a travel piece in the Mentawai Islands of Indonesia. With a huge pack review by David Schmidt of Climbing Magazine and an amazing photo gallery by local photographers, this issue delivers what we see as the template for many great issues to come," he concluded.
The summer issue also reflects the magazine's recently refined look, its new logo, and interactive website, www.neastmagazine.com. N'east can be found at Borders, Barnes & Nobles, A&P Supermarkets, REI, and Eastern Mountain Sports - as well as over 100 retail shops across the northeast.
For more information on N'east Magazine including online subscriptions, articles, and retail locations, go to www.neastmagazine.com.
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, RSN affiliated cable broadcast companies and High Angle Media, Inc., a video production company that also manages two other RSN affiliates Sugarbush TV-12 and Smuggs TV-9. The Company's wholly owned subsidiary BCTV produces the outdoor adventure series "Backcountry TV." Prime Rate Investors also owns the majority interest of Stockli Ski USA, the exclusive U.S. distributor of Stockli skis, bikes and sportswear.
For more information, visit the company's websites www.prrm.info, www.stowetv10.com, www.neastmagazine.com, and www.highanglemedia.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
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
Copyright Business Wire 2005