Lignin Industries Notes Successful July Revenues for New Subsidiary, Screen Giant Media Corp.
Lignin Industries Notes Successful July Revenues for New Subsidiary, Screen Giant Media Corp.
- Over One Million Spectators View Company's Multi-Media Display Products at Calgary Stampede and Other Popular Outdoor Venues -
CALGARY, Alberta, Aug. 25 /PRNewswire-FirstCall/ -- Following the Company's recently announced acquisition of multi-media group, Screen Giant Media Corp., Lignin Industries Ltd. (Pink Sheets: LGNI) noted greater than forecasted July revenues for the new subsidiary and; a growing demand for its electronic display systems, specifically designed for indoor and outdoor delivery of high-resolution video and graphic media.
Established in 2003, Screen Giant designs and implements state-of-the-art advertisements, information spots, promotions and other media content. High- resolution LED, LCD and Plasma panels deliver integrated, wireless solutions for big box retailers, shopping complexes, gasoline and service stations, grocery store chains, sports facilities and other major public venues. In May, the Company announced that it had acquired 90% ownership of Screen Giant.
During the month of July, Screen Giant's screens appeared at three major Alberta venues: the world renowned Calgary Stampede, attended by over one million spectators; the 69th Annual Ponoka Stampede, Alberta's largest six day Rodeo; and the Banff Film Festival.
"The success Screen Giant is having reaffirms our decision to acquire them and the bold step we took to so drastically diversify our product offerings with electronic media, among others," stated Albert Yung, president of Lignin Industries. "Thanks in part to the exposure generated by appearing at all three of these venues in July -- and the impressive screens and advertisements themselves -- we hope to announce other major contracts shortly, in addition to ongoing revenue from existing contracts."
For more information on Screen Giant or to create an electronic media campaign using our products, visit: http://www.screengiant.com/
For Corporate & Investor Relations contact: (866) 666-5172
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
Source: Lignin Industries Ltd.
CONTACT: Jo-Jo Ebinger, Lignin Industries Ltd., +1-403-313-2585,
jojo@screengiant.com
Web site: http://www.screengiant.com/
-------
Profile: intent
0 Comments:
Post a Comment
<< Home