Debut Broadcasting Corporation, Inc. Retains Strategic Global Advisors, LLC as its Investor Relations Consultant
NASHVILLE, Tenn., Jan. 24, 2011 /PRNewswire/ -- Debut Broadcasting Corp., Inc. (OTC.OB: DBTB), one of the leading syndicators in the media and entertainment industry, announced today that it has retained Strategic Global Advisors, LLC ("SGA"), as its investor relations consultant. Headquartered in New York, SGA specializes in working with undiscovered public companies and providing them with global access to the finest investment professionals. As strategic partners with Debut Broadcasting's management team, SGA will assist the company in creating interest, establishing worldwide exposure and building relationships across the financial spectrum.
Stan Altschuler has assembled an experienced team of financial professionals with strong technology backgrounds who will help Debut Broadcasting achieve its maximum valuation. "Strategic Global Advisors is proud to be representing Debut Broadcasting and believes that the market potential for the emerging National Radio Broadcaster is tremendous. With a strong client roster and deep relationships across its current industry verticals, Debut Broadcasting is at an exciting stage in their public life," said Stan Altschuler.
"Debut Broadcasting has made significant progress creating a national syndication platform and is transforming into a leader in the media and entertainment industry. We are excited to be working with Strategic Global Advisors, LLC," says Ron Heineman, Chairman and CEO of Debut Broadcasting Corp. "Stan Altschuler and his team will assist in introducing us to the investment community, institutional investors and generating market interest worldwide, which will be invaluable to Debut in growing from a national radio syndicator into a broad based media holding company."
About Debut Broadcasting Corporation, Inc.
A media and entertainment company, Debut Broadcasting Corporation, Inc. supports its clients throughout North America while also improving shareholder value through targeted turnaround opportunities in the southeastern United States. Through its entertainment arm, Impact Radio Networks, Debut sells pre-recorded radio programs and related services to more than 1,400 AM and FM stations in the U.S. and Canada, and reaches more than 45 million listeners per week, making it one of the leading syndicators in the industry. The company also provides marketing, consulting and media buying for its radio broadcast stations. Through its media division, Debut identifies and acquires (or manages) underperforming and undervalued media properties in the southeastern U.S. and its first seven acquisitions have given Debut radio dominance in the Mississippi Delta marketplace.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of DBTB officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future DBTB actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and DBTB has no specific intention to update these statements.
SOURCE Debut Broadcasting Corporation, Inc.
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