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HARRIS TECHNOLOGY GROUP LIMITED — Capital/Financing Update 2008
Feb 13, 2008
65074_rns_2008-02-13_80fa5a71-f77f-4040-96b8-4382976bcf54.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT 14 FEBRUARY 2008
ENTERS INTO AGREEMENT WITH SONY MUSIC JAPAN
Swish Group subsidiary, Swish AmpHead, Australia’s leading distributor and marketer of online independent music is pleased to announce an exclusive three year digital and physical licensing agreement with Sony Music Japan for the internationally artist Boom Boom Satellites.
Under the exclusive license, Swish AmpHead will provide distribution to all leading music stores including JB Hifi, Sanity, Virgin and HMV. The license which also includes the provision of all related marketing services is the first of its type entered into between Swish AmpHead and Sony Music Japan and covers full physical and digital retail, mobile, third party and synchronization rights. The agreement also provides the Company with options over the bands next two releases
Boom Boom Satellites have already sold in excess of two million albums around the world and are looking to make a significant impact on the Australian / New Zealand market. It is contemplated that they will follow the release with a full national tour which should significantly increase the exposure of the band.
Yurie Yamamoto from Sony Music Japan stated “We are honoured to conclude a licensing deal for the band, Boom Boom Satellites, with Swish AmpHead in Australia. The artist first made their debut overseas prior to their home country debut, and since then, they have had an inseparable link to overseas markets. Following the releases in Asia, USA, and Europe, the forthcoming Australian release is much anticipated one, and we are very pleased to realize this project with Swish Amphead”.
Gary Mackenzie CEO of Swish Amphead said “We are delighted to have entered into what we expect to be the first of many agreements with Sony Music Japan and licensed Boom Boom Satellites who we expect to do extremely well in Australia and New Zealand. We look forward to a long term mutually beneficial relationship with Sony Music Japan”.
About Swish Group:
The Swish Group Limited (ASX codes: SWG, SWGO) businesses include one of Australia’s largest digital signage networks, Australia’s largest wholesaler of independent digital music, a comprehensive film and television production business, Australia’s largest Indian Bollywood film production and distribution business and a telecommunications sales and marketing business. The company is listed on the Australian Securities Exchange with a market capitalisation of $6m.
Websites : www.swishgroup.com.au, www.ampheadmusic.com, www wwwblackcatfilms.com.au .mgdistribution.com.au
Cary Stynes T; +613 9820 1966 M: +61 412 111 821 E: [email protected]
The Swish Group Limited (ACN 085 545 973 Level 1, 102 Toorak Road, South Yarra, VIC 3141