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Veridigm's MediaPal Launches First Music Industry Affiliate System
Tuesday, October 14, 2008
LONDON, Oct. 14 /PRNewswire-FirstCall/ -- Veridigm, Inc.
(Pink Sheets: VRGD)(VRGD.F - Frankfurt, VRGDSG - Stuttgart, VRGD.DE - XETRA
Level1) a UK investment Company today announced subsidiary MediaPal.com has
launched the music and media industry's first Affiliate Management and Content
Publishing System.
Bryan Lenett, founder of MediaPal.com commented, "Our newly acquired and
existing Enterprise customers are now empowered to deploy affiliated, content
selling web sites or "cloned copies" of their entire online digital, physical,
mobile, and ticketing products to branding partners and affiliated, high
traffic, global Internet portals. Our Enterprise content customer retains full
control of the customer experience through product presentation, multiple
currencies, and affiliate commission management through MediaPal's Content
Management System. MediaPal's affiliate toolbox enables content owners and
enterprise organizations to further reach their audiences by enabling high
traffic portals to resell their products, as well as monetizing the existing
traffic base of the portals."
VP Records, the world's largest reggae record label is the first to deploy
MediaPal's affiliate platform to ten affiliated portals and partners.
http://store.vprecords.com/
For more information please visit http://www.mediapal.com
About Veridigm, Inc.
Veridigm, an Anglo American investment company that provides merchant
banking services to niche private and specific microcap public companies
seeking debt and equity capital and/or to be part of a diversified, equitable,
resource sharing, business combination. Specifically, the Company identifies
specific private and public companies and assists them with managerial,
accounting and financial advice and assists in refinance and / or raise
adequate capital by introducing potential investors and lenders. The Company's
policy is to calculate its voting capacity on a fully diluted basis. The
Company at all times will conduct its activities in such a way that it will
not be deemed an "investment company" subject to regulation under the 1940
Act.
Forward-Looking Statement: The statements in the press release that relate
to the Company's expectations with regard to the future impact on the
Company's results from acquisitions or actions in development are forward-
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The statements in this document may also contain 'forward-
looking statements' within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. When used in this
press release, the words 'anticipate,' 'believe,' 'estimate,' 'may,' 'intend,'
'expect' and similar expressions identify such forward-looking statements.
Forward-looking statements are subject to risks, uncertainties, and other
factors that could cause actual results to differ materially from those
contained in such statements. Such risks, uncertainties, and factors include,
but are not limited to, future capital needs, changes, and delays in product
development plans and schedules, or market acceptance.
SOURCE Veridigm, Inc.
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