Los Angeles, CA (PRWEB) September 10, 2007
The MEDIA GLOBO Corporation (OTC:MDGB) (MDGB:PK) announced today that it has approved initial placement of nearly $75 Million in corporate and affiliate(s) capital assets with UBS AG; through its U.S. operating subsidiary: UBS Financial Services, Inc. The move demonstrates MEDIA GLOBO's long-term commitment to develop global advisory, brokerage, and investment banking services. All final business services arrangements are subject to UBS compliance reviews and approvals.
"We are an American company at heart, but our business is global, and UBS offers the best range of well-managed banking and brokerage services worldwide," said MEDIA GLOBO Chairman Michael D. Grandon. UBS Securities is also one of the nation's leading OTC market makers.
UBS is a leading global wealth manager, top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basil, UBS is present in all major financial centers worldwide; with over 400 offices, in more than 50 countries. UBS employs over 80,000 people; with 39% in the Americas, 35% in Switzerland, 16% in the rest of Europe, and 10% in Asia Pacific. Today, UBS is one of the largest financial institutions in the world; with over $1 Trillion under management, and a market capitalization of $66 Billion. UBS financial strength is among the top-rated banks; by all major ratings agencies. UBS Wealth Management is the largest private bank in the world; holding $450 Billion in client assets. With 135 years of experience, UBS has an unmatched heritage of success in serving substantial investors. And the firm has an unwavering commitment to providing truly personalized service, backed by the global resources of UBS AG. In 2000, UBS AG ( also parent to UBS Securities LLC ) purchased PaineWebber, Inc.; which subsequently became known as UBS Financial Services, Inc. For more about UBS, please visit the firm's corporate website: http://www.ubs.com ; or visit a local UBS office.
About MEDIA GLOBO
The MEDIA GLOBO Corporation is a publicly-held Internet media asset management and holding company; specializing in the finance, development and global deployment of innovative socially responsible web content. As an Internet media conglomerate and part private equity firm, MEDIA GLOBO is currently in development for the production of an independent syndicated Internet television network. MEDIA GLOBO network affiliates, media franchises and sponsors are selected for their focus on portal-to-portal and people-to-people vertical and horizontal markets, unique website creation, affinity-driven networks, iTV television-style programming, and production of high-quality, high-visibility and high-impact content for personal empowerment. More about MEDIA GLOBO may be found at: http://www.mediaglobocorp.com .
Additional announcements are expected as MEDIA GLOBO increases its public disclosure and awareness through the facilities of various trading markets and regulatory authorities. For further information, please contact MEDIA GLOBO's Investor Relations at: 866-462-9377 ; or by e-mail at: info @ mediaglobocorp.com .
Safe Harbor Statement
Included in this press announcement and referenced hereunder are The MEDIA GLOBO Corporation 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 MEDIA GLOBO Corporation
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