Fahrenheit Entertainment to Restructure Operations Beginning January 10
Fahrenheit Entertainment to Restructure Operations Beginning January 10
Updated Business Model Under Consideration; New Website Under Construction
SAN MARCOS, Calif., Dec. 1 /PRNewswire-FirstCall/ -- Fahrenheit Entertainment, Inc. (OTC Pink Sheets: FHOT) announced today that it will begin the formal process of restructuring the company on January 10, 2005. As part of this process, the company will be developing a new business model while remaining in the recording industry sector.
In addition, the company announced that its new website, www.fhotinc.com, is under construction with the site expected to be operational in January.
For additional information please contact:
Fahrenheit Entertainment, Inc.
Investor Relations
760-510-5930
susan@fhotinc.com
About Fahrenheit Entertainment, Inc.: Originally conceived as a recording label and distributor, Fahrenheit began divesting two of its subsidiaries in 2002 in order to streamline operations while continuing to focus on establishing a home for distinctive artists in the classical and jazz genres. For general information about Fahrenheit Entertainment, Inc., please visit the Company's web site at www.fhotinc.com.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
Source: Fahrenheit Entertainment, Inc.
CONTACT: Investor Relations of Fahrenheit Entertainment, Inc.,
+1-760-510-5930, susan@fhotinc.com
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