SANTA MONICA, Calif., August 2, 2002 (PRIMEZONE) -- InternetStudios.com, Inc. (Pink Sheets:ISTO), the leading provider of web-based solutions for the entertainment industry, announced today the filing of the Q1 2002 10Q. The company has been advised that it is now fully reporting and compliant with all applicable regulatory bodies and it is now eligible to be listed on the NASD OTCBB. Robert McLean, Chairman of InternetStudios commented, "We are now in a position to enter into meaningful discussions with the investment community again. In the short term, management will be announcing the corporate goals and strategy through year-end. It is a very exciting time to be in a position to make deals in the Entertainment Media space."
All of InternetStudios filings can be viewed by copying the following link in your browser: www.sec.gov/edgar/searchedgar/companysearch.html and typing in the company name.
InternetStudios, (Pink Sheets:ISTO) headquartered in Santa Monica, California, is a leading provider of web-based solutions for the entertainment industry. InternetStudios, through its subsidiary OnlineFilmandTVSales (OFTVS) owns the most advanced and proprietary online platform & database to transact film and television rights globally. For more information about InternetStudios, visit www.internetstudios.com.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.