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Digital & Voice Media Limited Acquires Perception

by Rainier on April 12, 2006 @ 12:46 p.m. PDT

Digital & Voice Media Limited (DVM) announced today that it has entered into a heads of agreement with the shareholders in Perception Pty Ltd pursuant to which DVM has agreed to acquire 100% of the shares in the capital of Perception. Stargate SG-1 is still listed as one of its "projects," what this actually means is not clear though.

Perception is a media entertainment company spanning video games, movies, TV, books and music. Perception typically partners with companies experienced in various entertainment fields to handle production, but will retain intellectual property ownership within the Perception group.

The board of DVM believes that there are strong synergies between the business of Perception and DVM’s media advertising and marketing activities. Further, the extensive experience of the directors and employees of Perception in media industry should assist with the development of DVM’s core business.

Further updates will be provided to the market in due course.

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