ORLANDO, Fla., Nov. 17, 2010 (GLOBE NEWSWIRE) -- Emerging Media Holdings (OTCBB:EMDH), one of the leading media providers in Republic of Moldova, is pleased to anounce that its revenues from continuing operations for the nine month period ended September 30, 2010, increased by $477,851 or 27% to $2,223,779 as compared to $1,745,928 during the comparable period of 2009.
Overall growth has been good as our ever growing client base with companies like Reckitt Benckiser, Henkel, Nestle, Unilever, Danone and Benneton have started to advertise on our television stations TNT and TV7. "With the budgets of our clients growing in Moldova, EMDH expects to see similar growth in the months to come," said Iurie Bordian, CEO of Emerging Media Holdings, Inc.
About Emerging Media Holdings Inc.
Emerging Media Holdings Inc. is the U.S. parent company of three Moldova-based subsidiaries engaged in radio and television broadcasting and related advertising sales activities. Its 100%-owned subsidiary Analytic Media Group is a market-leading television broadcaster and content creator in the Republic of Moldova, an Eastern European country located between Romania to the west and Ukraine to the north, east and south. Visit the company on the Web at .
Forward-Looking Statements
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains 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) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward- looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward- looking statements in order to reflect any event or circumstance that may arise after the date of the press release. Political and operational risks in the countries in which Emerging Media Holdings, Inc. may operate and governmental regulation and judicial outcomes, and other risks detailed from time to time in Emerging Media's filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009. Copies of each filing may be obtained from Emerging Media Holdings or the S.E.C. or its web site at www.sec.gov.
CONTACT: CenterPoint Communications Group, LLC Todd D. Lorenze, Managing Partner 386-775-2020 [email protected] www.centerpointcg.com
