Business Updates for All Screens Media and ECA World Fitness
LAS VEGAS, June 2, 2016 /CNW/ - MeeMee Media, Inc. (the "Company" or "MeeMee") (OTCQB: MEME) announces that it has fulfilled the funding requirements to merge with All Screens Media ("ASM"), in accordance with their revised merger agreement dated May 2, 2016. MeeMee intends to move aggressively to file the required documentation with the SEC to complete its reverse merger with ASM. MeeMee and ASM plan to change the name of MeeMee to All Screens Media upon consummation of the merger.
Martin Doane, Executive Chairman of MeeMee, commented: "We are excited that we finally are positioned to proceed with the next phase of MeeMee's development. We strongly believe in the power of ASM's digital media platform to revolutionize how fitness, wellness and lifestyle modalities manage their professional certification and education programs and build their consumer communities. ASM has established a digital catalytic converter for fitness, wellness and lifestyle brands capable of fundamentally reshaping their business models and exponentially accelerating their revenue and profit growth. This multi-billion dollar business segment has been late in adapting to and exploiting the Internet's transformation of business—the aptly described 'Third Industrial Revolution'. ASM is changing that."
Peter Heumiller, CEO of ASM, added: "We are pleased to proceed to finalize our merger with MeeMee. Since the plan was originally announced, ASM has been busy producing and launching our signed brands, signing new brand partnerships, developed our physical product sales ecommerce and fulfillment solutions, and finalizing several JVs that have brought ASM additional funding. We have also focused on expanding our global reach and will be announcing major brand, programming, distribution and promotional partnerships in Europe and Latin America in the coming weeks and months. And while much of our focus has been on our fitness and wellness efforts to date, we have begun developing our initial kids' Edutainment and vocational training projects as well. The MeeMee deal will allow us to leverage and accelerate the rapid growth we envision because of the development work we have put in over the past several years."
The ASM announcement comes on the heels of MeeMee's previous acquisition of the ECA World Fitness Conference and Association business late in 2015. "We made the ECA acquisition in anticipation of closing the ASM deal", commented Doane. "The ASM team has been working with the ECA team over the past several months developing an integrated global business development strategy." Heumiller added: "Carol Scott and her team have done an amazing job in building the ECA business over the past 25 years. ASM will help leverage the tremendous relationships that Carol has developed and funnel them into new profitable global online revenue streams (in addition to growing the existing conference business.) In the coming months we will announce our plans for the creation of 3 new divisions: ECA Media — which will produce online streaming education and workouts, and develop the ECIT educational academy for ECA association members and the professional fitness industry; ECA360 — a production, marketing and promotional agency that will assist emerging fitness brands in developing online businesses and gain international exposure and clientele; and ECA Ecommerce — an online store and social media service that will demonstrate and showcase new fitness and wellness products and innovations, and make unique promotional offers year round to trainers, gyms and consumers (including the ECA approved "Try and Buy" program.) ECA and ASM is a perfect marriage and we look forward to quickly leveraging all of our existing ASM resources and helping ECA capture the potentially large revenue streams we are confident exist".
About All Screens Media
All Screens Media LLC ("ASM") is an international digital media business incubator and accelerator focused on the fitness, health & wellness, kids' EDUtainment and vocational training sectors. ASM partners with leading global brands, educators, trainers and product manufacturers to develop online certification and education for professionals and workouts/classes for consumers. In addition to streaming media sales, ASM establishes full branded ecommerce product stores for professionals and consumers, and has developed affiliate distribution programs to propel sales and revenues.
ASM has been focused on the launch of its fitness, health and wellness branded partnerships, including: www.bodyARTmedia.com, www.stabymedia.com, www.ioballmedia.com, www.MiracleBallMethod.com, and www.SpeedballFitness.com, with several others set to launch soon. ASM is also finishing the development of its proprietary online learning platform and all the launched and future brands will be migrated over to this dynamic platform.
ASM has been developing international distribution, promotional, production and interactive development partnerships to expand the offerings, reach and audience for its branded digital businesses. ASM will announce these partnerships as they are signed.
About ECA World Fitness
ECA World Fitness is an international organization and association representing the wellness and fitness community. Established in 1991, ECA is the undisputed leader for innovative and quality and has earned respect and trust for delivering Win-Win relationships with all of its partners.
ECA is well known for its leadership and fostering ideas of imagination and cooperation. Its audience represents the influencers in the fitness industry. Primarily from urban centers, they are typically diverse, multi-cultural, "thrill seeking" explorers. ECA produces monthly online ECA E-News, and offers workshops, seminars, online events, continuing education and webinars, resource materials, networking opportunities and a wide array of individual member benefits, including its main claim to fame, its annual conventions, which are legendary throughout the industry.
ECA events have become the most talked about fitness conventions in the world. Its shows in New York City and Florida are known for their advanced level of education, creativity, innovation, superior value, excitement and energy. New fitness products and ideas begin at ECA, which continually sets the bar for the rest of the industry to follow.
About MeeMee Media, Inc.
MeeMee Media, Inc., a fully-reporting U.S. public Company traded on the OTCQB under the symbol MEME, is building a global digital media platform that integrates and leverages the creation, acquisition, programming, distribution and monetization of channelized digital content together with e-commerce ("Content Enabled Commerce").
This press release contains "forward-looking statements" as that term is defined in Section 27(a) of the Securities Act of 1933, as amended, and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt". Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in the our reports filed with the Securities and Exchange Commission available at www.sec.gov, including the risk factors that attempt to advise interested parties of the risks that may affect the business, financial condition, results of operation and cash flows of the Company or ASM, and our ability to complete the ASM acquisition. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE MeeMee Media Inc.
For further information: Denis Barry, Denis.Barry@allscreensmedia.com, 1 (646) 350-0110; Martin Doane, Martin.Doane@ubequitycapital.com, 1 (416) 903.6691