NEW YORK, June 25, 2015 /PRNewswire/ -- Alliance
Distributors Holding Inc. (Pink Sheets: ADTR), a distributor,
developer and publisher of interactive video games and gaming
products, announced today that it is changing its corporate name to
Alliance Media Holdings Inc. The company's common stock will
continue to be listed on the OTC marketplace under the ticker
symbol ADTR.
Jay Gelman, Chairman and CEO of
Alliance Media Holdings, said "The name change to Alliance Media
Holdings reflects the evolution of our business as a developer,
publisher, and distributor of mobile, digital, and physical video
game products."
About Alliance
Alliance Media Holdings Inc., formerly Alliance Distributors
Holding Inc., (www.alliancemediaholdings.com) is a vertically
integrated video game company. Its Alliance Distributors operating
division is a full-service wholesale distributor of video games,
hardware and accessories, with a special concentration in value
video games. Alliance is a licensed publisher for Sony
Computer Entertainment of America, Microsoft and Nintendo, and as
Alliance Digital Media® publishes both originally created and third
party licensed games in console, mobile, and PC/Mac formats.
Alliance develops both original and third-party video games as
Alliance Game Studios (formerly Metaversal Studios).
Safe Harbor
Certain statements contained in this press release contain
forward-looking statements including without limitation, statements
concerning our operations, economic performance, and financial
condition. The words "estimate," "believe," "expect,"
"should" and "anticipate" and other similar expressions generally
identify forward-looking statements, which speak only as of their
dates.
Investors are cautioned that all forward-looking statements,
which are based largely on our current expectations, involve risks
and uncertainty. Actual results, events and circumstances
(including future performance, results and trends) could differ
materially from those set forth in such statements due to various
factors, risks and uncertainties, including without limitation,
risks associated with technological change, competitive factors and
general economic conditions, including the related impact on
discretionary consumer spending, changes in marketing and
distribution strategies by manufacturers, timely development and
release of video game products we produce, potential cost overruns
in our development of video games, ability to protect our
intellectual property rights, potential claims that we have
infringed the intellectual property rights of others, market
acceptance of games we develop and / or publish, ability to realize
anticipated benefits of acquisitions, potential undiscovered
liabilities of companies that we acquire, changes in our business
or growth strategy, the emergence of new or growing competitors,
various other competitive and technological factors. There can be
no assurance that the results referred to in the forward-looking
statements contained in this release will occur. The Company has no
duty and undertakes no obligation to update any forward-looking
information, whether as a result of new information, future
developments or otherwise.
Alliance Digital Media is a registered trademark of Alliance
Metaversal Studio LLC.
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SOURCE Alliance Distributors Holding Inc.