BEVERLY HILLS, Calif.,
March 15, 2012 /PRNewswire/
-- Wordsmith Media, Inc. (Pink Sheets:WDIS - News) announced
today that the company has acquired 49% of the publishing company
Highland Loch Press for 1 million shares of Wordsmith restricted
stock. The purpose of the acquisition is to strengthen Wordsmith
Media's e-publishing ability in the rapidly evolving publishing
environment which has recently seen the biggest changes in the
history of the industry. "The company continues to seek new ways to
be a viable player in the media world as the mechanisms for
traditional publishing are changing before our eyes. This new
acquisition of Highland Loch Press will help equip us strategically
in this new dynamic publishing environment," stated James Griffith, Chairman and CEO, Wordsmith
Media, Inc.
Highland Loch Press is committed to e-book technology as the
21st century has brought many changes to how we view the world, our
knowledge, and ourselves, with continuing technological advances
made on all fronts; faster networks, laptops and tablets, smart
phones, e-readers, and the internet itself. By developing current
technologies, Highland Loch Press is engaged in new ways to enjoy
classics and modern best-sellers alike.
The first product of this agreement includes William J. Abraham's new book, Celtic Fire. In
line with Wordsmith's focus on non-fiction, historical and cultural
media, the book engages in the conversation of faith with an
enlightening description: "Many have come to the conclusion that
mainline Christianity in the West is on the skids. This book
explains why. Using a mainline denomination like the
Methodist church as a case study, Dr. Abraham shows the fatal
policy decisions in play over the last two centuries. By
means of a lively overview of the lives of Albert Outler, John
Sung, and William Arthur, he
shows what choices were made and the impact they have had in the
modern culture. He also shows how the church in the West can
recover its nerve and get back on track. Everyone interested
in the recovery of Christianity in the West should read this
book."
About William J. Abraham:
A native of Ireland, Dr.
Abraham (D.Phil., University of Oxford)
is a distinguished philosopher and theologian who currently teaches
at Southern Methodist University in
Dallas, Texas. He has been a
Visiting Professor at Harvard Divinity
School and, more recently, has held the Crosson Fellowship
in Philosophy of Religion at the University of Notre
Dame.
About Wordsmith Media, Inc:
Wordsmith Media, Inc. is a brand-driven company specializing in
non-fiction, historical and cultural media, operating a global
content network throughout the U.S. and Europe for marketing and advertising,
television broadcasting, DVDs, books, e-books, enhanced e-books and
more traditional magazines. Over the past five years, the company
has partnered with other key media companies such as The History
Channel, A&E Network, National Geographic and Walt Disney
Pictures.
Wordsmith Media: www.wordsmithmedia.net
Highland Loch Press: www.highlandlochpress.com
Certain information contained in these materials is
"forward-looking" information, such as projections, estimates, pro
formas, or statements of intentions, expectations or plans. All
forward-looking information is subject to known and unknown risks
and uncertainties, many of which are outside of the control of the
Company. Consequently, actual results may, and probably will,
differ materially from the results contemplated in such
forward-looking information.
Contact:
Investor Relations
Wordsmith Media, Inc.
ir@wordsmithdd.com
SOURCE Wordsmith Media, Inc.