TORONTO, CANADA - YANGAROO Inc. (TSX-V: YOO, OTC: YOOIF), the industry's leading secure digital media management company (the "Company"), is pleased to announce that it has retained The Howard Group Inc. ("The Howard Group") to advise and support the Company with strategic investor communications programs. The Howard Group will direct both traditional and online initiatives targeting the investment community and the investing public.
Since 1988, The Howard Group has provided comprehensive investor and capital markets programs, business development solutions, strategic planning and financing services to public companies. The Howard Group is associated with the Insight Limited Partnership II, which invests in micro and small cap companies.
The term of the Agreement is for an initial period of 12 months. In addition to a monthly cash fee, The Howard Group has been granted an option to purchase an aggregate total of 320,000 common shares of the Company at a purchase price of $0.35 per share. The options vest in equal amounts at the rate of 25% per quarter and have a three-year term.
For further information on The Howard Group Inc. please visit http://www.howardgroupinc.com/.
In addition to its ongoing services, The Howard Group Inc. will be providing an ongoing commentary on YOO's activities in its "Insight" online newsletter. Interested parties are encouraged to subscribe to the newsletter feed:
The above agreement is subject to the acceptance of the TSX Venture Exchange.
YANGAROO is a company dedicated to digital media management. YANGAROO's patented Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud based solution focused on the music and advertising industries. The DMDS solution provides more accountable, effective, and far less costly digital management of broadcast quality media via the Internet. It replaces the physical, satellite and closed network distribution and management of audio and video content, for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients. The YANGAROO Awards platform is now the industry standard and powers most of North America's major awards shows.
YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF.
For further information, please contact
President & CEO
The Howard Group Inc.
Lisa Montanini/Dave Burwell
Toll Free: 1-888-221-0915
The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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