SLS International and Mark Burnett Sign Promotion Agreement
June 20 2005 - 9:01AM
PR Newswire (US)
SLS International and Mark Burnett Sign Promotion Agreement OZARK,
Mo., June 20 /PRNewswire-FirstCall/ -- SLS International, Inc. (OTC
Bulletin Board: SITI or "SLS"), a designer and manufacturer of
innovative proprietary audio systems, including its ultra-high
fidelity "Ribbon Driver" loudspeakers, and Mark Burnett, executive
producer of reality programs such as "Survivor", "The Apprentice"
with Donald Trump, and his production company announced today that
they have entered into a three-year promotion agreement. Under the
terms of the agreement, Mr. Burnett and his production company will
work to create product integration opportunities for SLS and
SLS-branded products to be integrated into his prime-time network
television productions and to secure product placements of SLS
products. Mr. Burnett will also act as a consultant to SLS on
various business development projects. The promotion agreement
contemplates collaboration toward a product integration to coincide
with SLS' planned release of its "Q Line Qube System". The Q Line
is a new line of high-quality home theater and entertainment
products for global markets that SLS has co-developed with
world-renowned producer, arranger, composer and Grammy Award,
Academy Award and Emmy Award winner Quincy Jones. The Q Line Qube
System, which combines SLS' proprietary "Ribbon Driver" technology
with Quincy Jones' innovating design for optimum sound, is expected
to launch in the first quarter of 2006. The promotion agreement
contemplates that Mr. Jones will act as the on-camera SLS
spokesperson in connection with product integrations generated by
the promotion agreement. "This deal exemplifies synergy at the
intersection of the entertainment and consumer electronics
industries," proclaims John Gott, SLS' chief executive officer.
"This is a unique opportunity for us to join forces with some of
the best names in Hollywood, increase brand awareness together and
show the world what we have to offer. We are very excited about our
upcoming Q Line systems and couldn't think of a better way to
launch additional products from that line." "I discovered SLS while
analyzing sound systems for my new show Rock Star:INXS, and I was
amazed by the sound quality of SLS speakers," said Mr. Burnett. "I
met with the SLS executives and with Quincy Jones and quickly
realized that SLS was a company to hitch my wagon to." "Listening
to the SLS speakers is like there is a sonic carpet to your soul.
If you could taste it, smell it or feel it, it would be different,
but you just have to hear it. When you are in the movies or
listening to music you can tell that the SLS' deliver a much
clearer and better sound and the new products that we are
developing together are going to be affordable enough for anybody
to own. Mark Burnett is the perfect partner to enlighten the World
about these products," said Quincy Jones. As part of the deal, SLS
and Mr. Burnett's production company expect to enter into license
agreements for the use of certain trademarks and phrases associated
with programs where SLS products are placed or integrated. Any
licenses would bear specified royalties based on certain sales of
SLS products. About SLS Based in Ozark, Mo., SLS International,
Inc. is a 30-year-old manufacturer and developer of new proprietary
[patent-pending] ultra-high fidelity Ribbon Driver loudspeakers,
patented Evenstar Digital Amplifiers and sound systems for the
commercial, home entertainment, professional and music markets. SLS
has perfected the ribbon-driver technology enabling their
loudspeakers to achieve exceptional inner detail and accuracy with
20% to 30% less distortion of typical compression driver and dome
tweeters. SLS speakers and systems are used in high-profile venues
such as NBC/MSNBC's 2002 and 2004 Olympics studios, the Recording
Academy's Grammy Producers SoundTable events, and for the NAMM
winter show, providing sound in the AVID Technology booth just to
name a few. For more information, visit http://www.slsaudio.com/ .
About Mark Burnett and His Production Company Mark Burnett is an
industry leader in the world of primetime non-fiction television.
Burnett revolutionized television with hits such as Eco-Challenge,
Survivor, The Apprentice, The Contender and the upcoming
Rockstar:INXS. He also successfully reintroduced product placement
as an integral part of each of its shows and his projects have
garnered a total of 24 Emmy nominations since 2001. Mark Burnett
was listed as the #1 Most Valuable Player by TV Guide and in Time
Magazine's Top 100 most influential people in the world today.
Certain statements made in this press release are forward looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, and are made pursuant to the safe harbor
provisions of the Securities Litigation Reform Act of 1995. When
used in this press release, the words "plan," "intend," "expect"
and similar words identify such forward-looking statements. These
statements involve risks and uncertainties, and actual events and
results may differ materially from those described in this press
release. Factors that could cause or contribute to such differences
include, but are not limited to: the ability of the parties to
successfully execute and perform any product integration or product
placement; the ability of the parties to agree upon the terms of
definitive agreements for product integrations, product placements
and related licenses; the timing and success of SLS' launch of its
Q Line Qube System; the application of JMBP's and Mr. Burnett's
creative control over all productions involving any product
placements and product integrations; the application of Mr.
Burnett's reasonable discretion in promoting SLS and its products;
and the success of the various television productions involving
JMBP and Mr. Burnett with which any product placements and product
integrations, if any, are expected to be associated. More
information about potential factors which could affect SLS'
business and financial results is set forth in reports filed with
the SEC, including SLS' quarterly reports on Form 10-Q and its
annual report on Form 10-K. All forward-looking statements are
based on information available to SLS as of the date hereof, and
SLS assumes no obligation to update such statements. DATASOURCE:
SLS International, Inc. CONTACT: Jeff Lowry of SLS International
Inc., +1-417-883-4549, +1-417-883-2723 (fax), ; Ed Lewis of
CEOcast, Inc. for SLS International Inc., +1-212-732-4300,
+1-212-732-1131 (fax), Web site: http://www.slsloudspeakers.com/
http://www.slsaudio.com/
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