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International Entertainment News

Tuesday, October 14, 2008

Veridigm's MediaPal Launches First Music Industry Affiliate System

Veridigm's MediaPal Launches First Music Industry Affiliate System

LONDON, Oct. 14 /PRNewswire-FirstCall/ -- Veridigm, Inc. (Pink Sheets: VRGD)(VRGD.F - Frankfurt, VRGDSG - Stuttgart, VRGD.DE - XETRA Level1) a UK investment Company today announced subsidiary MediaPal.com has launched the music and media industry's first Affiliate Management and Content Publishing System.

Bryan Lenett, founder of MediaPal.com commented, "Our newly acquired and existing Enterprise customers are now empowered to deploy affiliated, content selling web sites or "cloned copies" of their entire online digital, physical, mobile, and ticketing products to branding partners and affiliated, high traffic, global Internet portals. Our Enterprise content customer retains full control of the customer experience through product presentation, multiple currencies, and affiliate commission management through MediaPal's Content Management System. MediaPal's affiliate toolbox enables content owners and enterprise organizations to further reach their audiences by enabling high traffic portals to resell their products, as well as monetizing the existing traffic base of the portals."

VP Records, the world's largest reggae record label is the first to deploy MediaPal's affiliate platform to ten affiliated portals and partners. http://store.vprecords.com/

For more information please visit http://www.mediapal.com/

About Veridigm, Inc.


Veridigm, an Anglo American investment company that provides merchant banking services to niche private and specific microcap public companies seeking debt and equity capital and/or to be part of a diversified, equitable, resource sharing, business combination. Specifically, the Company identifies specific private and public companies and assists them with managerial, accounting and financial advice and assists in refinance and / or raise adequate capital by introducing potential investors and lenders. The Company's policy is to calculate its voting capacity on a fully diluted basis. The Company at all times will conduct its activities in such a way that it will not be deemed an "investment company" subject to regulation under the 1940 Act.

Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain 'forward- looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'may,' 'intend,' 'expect' and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.


Source: Veridigm, Inc.

CONTACT: Matt Dwyer, Chairman and CEO of 247MGI, Inc., +1-954-323-2516,
mdwyer@247mgi.com; or Andrew Wilcox, Public Relations of Veridigm and
MediaPal.com, 1-888-646-5677

Web site: http://www.mediapal.com/
http://store.vprecords.com/


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