Addicott Ventures Announces Formation of MediaWorks Digital Publishing

Investment Holding Company Addicott Ventures launches a digital media publishing house. The firm distributes digital content via search and weblogs.

PALO ALTO, CA (PRWEB) May 5, 2004 -- Addicott Ventures, L.L.C. Announced today the formation of a digital media publishing company which will produce, acquire, and distribute digital content including digital documents, audio, and film in underserved market areas while leveraging newly developed distribution channels including contextual advertising and weblogs to reach informed consumers on a global basis.

We are at the frontier of a revolution in direct distribution of media. With significant cost reductions available to the firm through digitization combined with increasing economies of scale, it is now possible to create a profitable high growth publishing business," said Michael Addicott. Our service trial in April, representing the commencement of operations produced revenues from customers in the U.S. and Western Europe which we expect to increase substantially over the long term."

About MediaWorks Digital

MediaWorks Digital, of Palo Alto, CA is a wholly owned entity of Addicott Ventures. The firm develops, acquires, and produces quality digital books and other media for a wide variety of topical interest areas, from history, philosophy, and the classics to politics and foreign affairs, science, and technology. The firms goal is to make the world's knowledge more widely available and accessible. Visit the company at http://www.maxvision.us/MediaWorksDigital.htm

About Addicott Ventures

Addicott Ventures, L.L.C., http://wwww.maxvision.us, is a private investment firm with holdings and business operations in technology, media, and industry. The firm advances new enterprises with breakthrough technologies, serving as a founder or early sponsor, and advises on strategic issues.