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J-Bird Records Signs Purchase and Sales Agreement
WILTON, Conn., June 22, 2002 -- J-Bird Music Group LTD (OTC BB:
JBMG) announced today that J-Bird Records has signed an agreement with AJ
Distribution Inc. to distribute JBMG products and music by KGB Records and its
affiliate labels via AJ distribution network.
"We are very pleased with this agreement, it gives all our artists greater
exposure, which will help us with the growth and development of our company ",
stated Hope Trowbridge, president of J-Bird Records. "This is a new creative
opportunity to increase the sales of J-Bird Records."
Ms. Trowbridge also commented, "We feel that our recent entrance into the urban
music market with KGB and our new agreement will go a long way in helping build
value for our shareholders."
The first purchase order via this agreement will be in excess of 100,000 units
and we expect results for the second quarter to look much stronger than our
first quarter.
About AJ Distribution
AJ is a diversified distribution company catering to the Independent stores as
well as the large retailers, supermarkets and mass merchandisers. AJ currently
services over 500 independent stores on a weekly basis and has recently secured
contracts with major supermarkets such as Gristedes, Associated and the Krasdale
Group. In addition, AJ has received authorization and approval to distribute
product to Texaco, BP Amoco, Cumberland Farms and Sunoco. The company has
recently begun to distribute its product line to these companies and plans on
being at full distribution capacity with these major institutions over the next
two quarters.
About KGB Records
KGB Records was founded and is run by President /CEO Maria Picon and
Chairman/Chief Marketing Officer Herbert Ortiz, both of whom have extensive
backgrounds in the marketing and promotion of artists and music in the Hispanic
and Urban genres. KGB also has a roster of distributed labels including Bentley
Boys Entertainment, MTO Records, Rocktone Music, Miranda Muzik and more.
http://www.kgbrecords.com
About J-Bird Music Group
J-Bird Records was founded in 1996. The company is a new music label dedicated
to signing, marketing and promoting quality, talented artists from various
genres by means of traditional distribution and marketing methods and is
positioned to utilize sensible Internet strategies to further the presence of
the label and its artists. The label's website is at
http://www.jbirdrecords.com. Some artists whom are currently signed to J-Bird
include The Rembrandts, Boy George, vocal sensations Rockapella; John Entwistle
of the Who; Lee Rocker from the Stray Cats; and the Jimmie Van Zant Band.
Statements contained herein that are not based on historical fact are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. J-Bird Music Group LTD. intends that such
forward-looking statements be subject to the safe harbor created thereby. Such
forward-looking statements are based on current assumptions but involve known
and unknown risks and uncertainties that may cause J-Bird Music Group LTD's
actual results, performances or achievements to differ materially from current
expectations. These risks include economic, competitive, governmental,
technological and other factors discussed in J-Bird Music Group LTD's.
applicable public filings on record with the Securities and Exchange Commission
which can be viewed at its website at http://www.sec.gov.
CONTACT:
E View Media, Inc.
Gerry Salazar, 212/269-2100
gerry1@eviewinvestor.com
or
J-Bird Records
Asa L. Fish, 203/255-1826
afish@jbirdrecords.com
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