N@N

Linked Media Group, Inc.: Linked Media Group, Inc. Seeks to Develop Joint Venture or Acquisition Targets in Europe for the Soci

^{Published on 2009-08-06 05:41:33, Last Modified on 2009-08-06 05:41:40 - Market Wire}
 

SACRAMENTO, CA--(Marketwire - August 6, 2009) - Linked Media Group, Inc. (PINKSHEETS: [ LKMG ]) is pleased to announce that the Company has initiated conversations with several European based firms to identify possible join venture or acquisitions in the Social Media Market. The Company is seeking business opportunities in the UK, German, Italian, Spanish, French and/or Scandinavian markets -- targeting early stage ventures that fit with the Company's existing business.

"We are looking to expand into Europe and are seeking to build revenue producing relationships with partners who have strong ties in the Social Media market and/or portals in place that we can expand into US markets, by leveraging our expertise in Social Media, Online Advertising and related areas of expertise," stated Lee Traupel, CEO of Linked Media Group, Inc. "We are in pre LOI stage conversations with several firms that have Social Media or Web 2.0 Properties that we may acquire as Joint Venture operations and may even then spin them off as standalone web-based business entities at a later date."

About Linked Media Group

Linked Media Group, Inc.'s singular focus is to help businesses understand and capitalize on the tremendous power and influence of online and Social Media marketing. The Company is also developing and acquiring a network of standalone revenue-producing Social Media web properties for specific vertical markets. The Company also has 100 revenue-producing Web Properties under management that have been purchased and developed during the last three years.

Safe Harbor Statement -- This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.