Firesky to Acquire International Trade Publication; Negotiations Commence on Firesky's First Acquisition

Firesky to Acquire International Trade Publication; Negotiations Commence on Firesky's First Acquisition

IRVINE, Calif., Aug. 10 /PRNewswire-FirstCall/ -- Firesky Media Corp. , announced today that it has begun formal negotiations to acquire an international trade publication that concentrates on a major segment of the entertainment industry.

Management expects additional announcements on the terms and conditions of the acquisition in early September. Firesky anticipates the acquisition will close before the end of the third quarter.

About Firesky Media

Firesky Media Corp., based in Irvine, California, is engaged in several multi-media projects including publishing and data mining. Firesky's publishing division is focusing on niche entertainment industry trade publications, including magazines, DVD and the Internet. Firesky's data mining division is developing software for the legal industry.

More information about Firesky Media can be found at: http://www.fireskymedia.com/.

Notes about forward-looking statements:

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.

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," "may," "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 when they are made.

Source: Firesky Media Corp.

CONTACT: Patrick Winn of Firesky Media Corp., +1-949-777-1080

Web site: http://www.fireskymedia.com/

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