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International Entertainment News

Tuesday, July 31, 2007

Largest Polo Hospitality Tent Planned

Largest Polo Hospitality Tent Planned

Platemate Studios Commissions Award-Winning Architectural Firm to do Graphic Designs for a Platemate Club Polo Pavilion for Next Polo Season in Palm Beach; Also Announces Record Second Quarter Growth in Real Estate Assets at Trump Tower

Palm Beach Company Expands through Property Acquisition and Partnerships

PALM BEACH, Fla., July 31 /PRNewswire/ -- Platemate Studios, a multi- million dollar company whose products range from entertainment to real estate, has commissioned the award-winning architectural firm of Song & Associates to do graphic designs for a Platemate Club Polo Pavilion that would be the largest hospitality tent ever built at the International Polo Club here.

Platemate also announced second quarter appreciation of its real estate holdings to $4.4 million, as a result of acquisitions of two condominiums in Trump Tower Palm Beach and another in Verge Las Vegas.

Song and Associates Architects, which has designed the West Palm Beach City Center, previously produced graphic designs for the Platemate Club Hotel and Resort. (www.platemate.biz). The hospitality pavilion, which will comprise 1,200 square feet of tented area, plus a 15-foot terrace overlooking the polo field, is expected to be open for the polo season beginning Nov. 1.

Platemate's Founder and CEO Ronnie C. Wright said his company is currently negotiating with suppliers of luxury goods and services, from Champaign to yachts, for display in the pavilion.

"The company anticipates revenue and profit growth from its Platemate Club and Miss Modelicious units and brands," Wright said. "Platemate will spend less and produce more from the growth seeds planted earlier," he said. Miss Modelicious is a new reality TV show that Platemate is developing, which will turn a national spotlight on young women not only for their beauty, but their brains and talent.

Profits are expected to increase in the third quarter from advertising and marketing partnerships in the Platemate Club Polo Pavilion.

"We are encouraged by increased earnings, lower spending and bonuses through new partnerships," CFO, Harry "Spinner" Ketchum adds. "We are attracting investors globally because our brands, products and services appeal to a worldwide market."

About Platemate Studios

Ronnie C. Wright is founder and CEO of Platemate Studios, a multi-million dollar company with products and services ranging from movies to television shows and from real estate developments to diets. Platemate Studios prides itself on their entrepreneurial and outside-the-box thinking. For more information, please visit www.platemate.biz.

Kelli Bloechinger
561-750-9800 X 226
kelli@transmediagroup.com


Source: Platemate Studios

CONTACT: Kelli Bloechinger, TransMedia Group Productions,
+1-561-750-9800, ext. 226, kelli@transmediagroup.com

Web site:

http://www.platemate.biz/


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