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CoConnect Inc. Enters the Wireless Entertainment Market with Asset Purchase of ATCOM MEDIA GROUP.

Publication: PR Newswire
Publication Date: 17-AUG-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
-- MESH Wireless Integrator to Acquire Entertainment assets --

SALT LAKE CITY, Aug. 17 /PRNewswire-FirstCall/ -- CoConnect, Inc. (OTC Bulletin Board: CNTI) announced today it has entered into an agreement with ATCOM MEDIA GROUP to acquire 100% of the assets of ATCOM in exchange for 350,000 shares of CoConnect stock. CoConnect will develop its wireless media and entertainment assets and provide support for future merger and acquisition activity. ATCOM will function as a wholly owned subsidiary of CoConnect and will be managed by Henri Kessler and Pliny Porter.

ATCOM MEDIA GROUP is a digital entertainment and media consultancy firm. Collectively, the ATCOM management team has developed and/or produced over 25 titles that have earned global revenues of over USD $1 billion. In addition, ATCOM principals are the recipients of the Sundance Grand Jury Prize; Cannes Camera d'Or and were nominated for an Academy Award for Best Foreign Film. Presently, ATCOM is identifying content and technology acquisitions that can be further optimized and developed for the wireless market.

"The United States wireless entertainment market is relatively young. Current mobile technologies and content are at...

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