Las Vegas, NEVADA (PRWEB) July 28, 2005
The AXESS MEDIA Group, Ltd. announced today it has agreed to join forces with GRUPOMEX HOLDINGS, LLC and the family of GRUPOMEX companies to open markets in the U.S. and Mexico. Terms were not disclosed but the strategic alliance will reportedly focus on Spanish-speaking on-line education, entertainment and healthcare; and well as assisting in GRUPOMEX major business initiatives in the production and distribution of seafood, beef, coffee, beverages, and other specialty Mexican food product imports.
Under the arrangement GRUPOMEX will spearhead AXMG market initiatives in Mexico and Latin America for deployment of its independent Internet television network; and through one or more public market spin-offs, AXESS MEDIA may assist GRUPOMEX to obtain public financing and awareness for its various high-impact operating businesses.
GRUPOMEX Chairman and CEO, Leticia R. Castro, praised the strategic partnership: "Our relationships throughout Mexico and the U.S., as well as our experience in Spanish-speaking media, should prove invaluable to AXESS MEDIA. At the same time, AXMG offers a great public visibility and liquidity opportunity for our investment community."
AXMG Chairman and CEO, Michael D. Grandon, also stated: "GRUPOMEX is engaged in some truly exciting business opportunities in both Mexico and the United States. We are most pleased and proud to have such a trusted partner in GRUPOMEX and Leticia R. Castro for the development of AXESS MEDIA Latin American affairs."
GRUPOMEX HOLDINGS, LLC. is the principal member of a family of GRUPOMEX companies: GRUPOMEX ENTERPRISES, LLC, GRUPOMEX ENTERPRISES, S.A. de C.V.; and BENCHMARK CAPITAL PARTNERS GROUP, INC.
GRUPOMEX business in both the U.S. and Mexico is reportedly quite diverse and includes: GRUPOMEX HOLDINGS, LLC involvement with development projects for American and foreign corporations branching out and expanding into Mexico for the development and construction of new hotel, resort, condominium and commercial Center projects throughout Mexico; representing well known brands and companies in Mexico to position them amongst their industry professional peers and competition; and construction and hotel development projects currently underway in Las Vegas, Nevada involving several well known hotel, resort, casino, high-rise and condominium developers. GRUPOMEX ENTERPRISES, LLC and GRUPOMEX ENTERPRISES, S.A. de C.V. were established to service the food and beverage industries for distribution of specialized products into the US and Mexico. GRUPOMEX reportedly works closely with the governments of several states in Mexico to boost tourism and product manufacturing awareness for investors. GRUPOMEX reports it has established key political and professional relationships with the State of Sinaloa, State of Sonora, State of Mexico, State of Veracruz, State of Jalisco, State of Tabasco, State of Baja California, and others; for specialized exportation of their products; such as: coffee, seafood, beef, liquor, soft drink beverages and other well known Mexican brand products for mass distribution into the US market; while also representing well known and newly launched US brand products into Mexico for mass distribution in that country. GRUPOMEX is a minority-owned company and approved vendor with one or more major U.S. corporations for mass distribution. GRUPOMEX also reports it is currently engaged with one or more entertainment and media-related projects for upcoming music releases involving at least one or more major record labels. More information may be obtained from GRUPOMEX Chairman and principal owner, Ms. Leticia R. Castro, by toll-free phone or fax at: 1-888-359-9538.
About AXESS MEDIA
The AXESS MEDIATM Group, Ltd. is an innovative publicly-held group of Internet production and multi-media companies. The AXESS NetworkTM is comprised of a diverse array of high-visibility high-impact business-to-business, business-to-government, business-to-consumer, and consumer-to-consumer value-added web applications. AXESS MEDIA currently sports over 20 proprietary Internet content portals and iTV affinity-based channel, as well as owning a domain estate with dozens more brands and products; ranging from on-line education, electronic voting, entertainment, charitable giving, and health care, to biotechnology, insurance, e-vault security, Internet radio, music, art, film, on-line television production, travel, and childrenÂs programming; all targeted at personal or professional empowerment within large global vertical markets; and integrating specific tools and common core capabilities into all of AXMG's web-based portals.
AXMG objective within the iTV industry is to globally deploy its proprietary "middle-wave" platform for delivery and easy ÂaxessÂ to Internet content in a "television-style" format. AXESS MEDIA flagship Internet television networks and broadcast platforms currently include: Axess TV; Always TV; iTV Globo; On iTV and iTVN.
More announcements are expected. A corporate profile of the AXESS MEDIA Group and its public announcements can be obtained on an on-going basis at http://www.axessmedia.com under "AXMG News." Additional information can also be obtained by contacting AXMG Investor Relations at: 1-866-GO-AXESS / 1-866-462-9377.
Safe Harbor Statement
Included in this press announcement and referenced hereunder are AXESS Media Group, Ltd. Forward-looking statements and projections within the meaning of section 27a of the securities act of 1933, as amended, and section 21e of the securities exchange act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to be correct nor relied upon for investment purposes.
The AXESS MEDIA Group, Ltd.
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