Costas, Inc. Expects Increased Growth From Digital Media Assets and Client Base in India
05 8월 2010 - 6:31AM
Marketwired
Costas Inc. (PINKSHEETS: CSSI), a digital media company which owns
and develops web-based consumer internet assets in the United
States and India, announced today that the Company expects
increased growth from its current digital media assets and client
base in India. Costas expects uptake in digital media distribution
in India to continue to increase as the inevitable migration to
digital infrastructure continues in one of the fastest growing
economies in the world.
"We continue to align and partner with India's digital media
industry and have faith that Costas will play an important role and
take a leadership position in this country and its growing digital
industry," stated Shailesh Shah, President and CEO of Costas, Inc.
"Costas will grow its current digital assets and actively acquire
and partner with world-class companies in various sectors as
opportunities arise. Our strategy of developing digital media and
technology assets and sharing our resources and experience with our
corporate portfolio of companies will support our continued growth,
both in geographic scope and revenue generation."
About Costas Inc. Costas Inc. is a digital media company which
owns and develops web-based consumer internet assets and
communities in the United States and India. India has one of the
fastest growing economies in the world and Costas through its
acquisition and development of knowledge based products and
services has a created a digital bridge between India and the
United States.
Safe Harbor Statement This press release contains statements,
which may constitute "forward-looking statements" within the
meaning of the Securities Act of 1933 and the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform
Act of 1995. Those statements include statements regarding the
intent, belief or current expectations of Costas, Inc., and members
of their management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to
management that could cause actual results to differ materially
from those in forward-statements include fluctuation of operating
results, the ability to compete successfully and the ability to
complete before-mentioned transactions. The company undertakes no
obligation to update or revise forward-looking statements to
reflect changed assumptions, the statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
For more information, please contact: Costas, Inc. Investor
Relations 951-734-4500 www.costasinc.com Email Contact: Email
Contact
Costas (PK) (USOTC:CSSI)
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Costas (PK) (USOTC:CSSI)
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