UOMO Rated Speculative Buy by Independent Research Firm
May 19, 2009. UOMO Media Inc., a multi-channel entertainment company is pleased to announce that the Company was rated by Harbinger Research, an independent investment analysis research firm, as its 'Speculative Buy' pick.
Harbinger Research, LLC is a leading independent analysis research company based out of New York that specializes in providing insightful, in-depth equity research coverage to smaller U.S. publicly traded companies. Retained to do an analysis on UOMO Media, Harbinger found the company has built a solid management team of highly seasoned executives that have the experience to capitalize on the opportunities of the current, new digital and evolving music industry.
Senior research analyst Brian R. Connell, CFA at Harbinger Research points at UOMO's "proven leadership and uniquely integrated business model" setting a price target of $1.10 a share on the stock stating that "the shares of UOMO should have significant upside in the relatively near term," further stating, "We View UOMO's Team and Strategy Favorably; Execution is now the Key". To view the entire research report, please visit: www.harbingerresearch.com/viewReport.php?report=290&skip=y
Ms. Jueane Thiessen, CFO of UOMO Media Inc. commented, "Our Management Team has always stood behind our business model; such recognition from the investment community confirms the goals we have been trying to achieve: monetizing intellectual media content."
About UOMO Media Inc.
UOMO Media Inc. is a multi-channel entertainment company that acquires, produces, and manages intellectual media content and digital assets. UOMO integrates existing and well-established revenue streams in recorded music, publishing and talent management through its five operating divisions: UOMO Digital, UOMO Recorded Music, UOMO Talent Management, UOMO Publishing, and newly launched, AdUOMO. PricewaterhouseCoopers estimates that by 2011, the global media and entertainment industry will be worth US$ 2 trillion.