Church & Crawford Signs LOI With Media 4 Equity
Secures Comprehensive Advertising and Media Campaign
WEST PALM BEACH, FL, Jun 26, 2007 (MARKET WIRE via COMTEX) — Church & Crawford (PINKSHEETS: CCWD), operating through its wholly owned subsidiary Mannea LLC, an online media and advertising company that integrates real life products and services with the particular culture and community of Internet-based virtual worlds, announced today that it has signed a letter of intent agreement with Media 4 Equity (M4E), LLC as part of a comprehensive advertising and media campaign.
M4E produces and distributes nationally syndicated print and broadcast features for it clients operating in a number of industries. Media4Equity’s experienced personnel have written and designed campaigns for over 3,000+ clients, including Fortune 500 clients, government agencies, non-profit organizations and more.
Mannea President Jeff Reidy said, “As part of our continual campaign to secure efficient and effective advertising outlets, our partnership with M4E allows us to gain immediate exposure and we believe that this agreement will help us gain additional media and advertising attention over the short- and long-term.”
About Church & Crawford
Church & Crawford, Inc. (www.churchandcrawford.com) operates through its wholly owned subsidiary Mannea, LLC, an online media and advertising company that integrates real life products and services with the particular culture and community of Internet-based virtual worlds. Its primary target operating market is Second Life, an active, online virtual community and marketplace developed by Linden Labs, with more than 5.6 million active residents.
In conjunction with Mannea, Church & Crawford is implementing an aggressive roll-up strategy to pursue unique opportunities that include both Internet- and brick and mortar-based acquisition candidates with extraordinary potential for long-term growth under its public umbrella.
SAFE HARBOR ACT: This press release contains statements which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors, currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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