TMCnet News

Media International Concepts, Inc. (MEIC) Announces Financial Projections
[June 01, 2004]

Media International Concepts, Inc. (MEIC) Announces Financial Projections

LOS ANGELES, June 1 /PRNewswire-FirstCall/ -- Media International Concepts, Inc. (Pink Sheets: MEIC) announced this morning its current estimated revenue and financial projections for 2004, 2005, and 2006. Revenues for 2004 are estimated to be approximately $2,000,000 with an EBITDA of $165,000. The revenue projections for the year 2005 are estimated to be $13,000,000 and $21,000,000 for 2006.


The 2004 projections are based upon current revenue and future projections for the MEIC wholly owned subsidiary Opportunity Productions, which currently produces television advertisements and quality, long form infomercials for advertiser clients. "The projections for 2005 are based upon estimated growth for Opportunity Productions as well as estimated revenues from the production and distribution from MEIC's master license of the family oriented animated programming, Fruity Fables," stated Michael Marcovsky CEO of MEIC. He added further that "we believe the projections are reasonable and based upon the conservative nature of our business."
About MEIC:
Media International Concepts Inc. acquires and operates advertising, entertainment, educational programming and production companies. MEIC creates synergies by exploiting both traditional and emerging distribution channels. MEIC is positioned to be on the leading edge of its industry by providing entertainment and information through fixed wireless broadband.
This release may contain forward looking-statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject to include, but are not limited to, our success in selling our products and services, our success in raising the necessary funding required, competition and other material risks.
For further information please contact

Investor relations
Trevor Langley
Millennium Capital Advisors LLC
818 348 3355
[email protected]


http://www.mici.tv/

Media International Concepts, Inc.


CONTACT: Investor relations - Trevor Langley of Millennium CapitalAdvisors LLC, +1-818-348-3355, [email protected], for Media InternationalConcepts, Inc.


Web site: http://www.mici.tv/

[ Back To TMCnet.com's Homepage ]