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Dittybase Technologies Inc. Name Change Approved
VICTORIA, B.C., Canada – August 8, 2001 – Dittybase Inc., a leading
provider of music management systems, announced today that the Board of
Directors of its parent company, 836030 Alberta Ltd., have ratified a
name change from 836030 Alberta Ltd. to Dittybase Technologies Inc.
Dittybase Technologies Inc. is a privately owned holding company, which
owns 100% of Dittybase Inc. and Dittybase America Inc. The purpose of
this name change is to more accurately reflect the true role of the
corporation in relation to its operating subsidiaries.
Dittybase Inc. is a Victoria, B.C. based provider of music management
systems whose unparalleled and comprehensive package of software and
online services enable creative enterprises to acquire and manage
digitized production music. Dittybase Inc.’s goal is to become the
single creative access point for the creative community - facilitating
the search, collaboration, licensing, reporting and management of music
assets via an effortless workflow.
Dittybase America Inc., based in Boynton Beach, Florida, was formed to
better serve U.S. based clients of Dittybase Inc., and is responsible
for the administration of all on-line transactions originating in the
United States.
The name change from 836030 Alberta Ltd. to Dittybase Technologies Inc.
in no way alters or affects the on-going business affairs of the
corporation or that of its subsidiaries.
About Dittybase
Dittybase develops intuitive, proprietary software that allows organizations to automate the search,
delivery, licensing and reporting processes involved in the management of music for production purposes. In addition,
Dittybase is committed to providing individuals requiring music with a single access point to audio from the world’s leading
music providers through dittybase.com.
Press Contact
The information contained herein, while obtained from sources that are believed to
be reliable, is not guaranteed as to accuracy or completeness.
Investors are cautioned that this press release may contain forward-looking statements, that are based
upon current expectations, but which are not strictly historical in nature, including, without
limitation, statements containing forward-looking comments about future results, management’s plans and
objectives for future operations, current or future financial performance, management’s assessment of
market factors, prospects and opportunities. Dittybase Inc. has tried to identify these forward-looking
statements by using words such as “believe,” “expect,” “anticipate” and similar expressions. The
forward-looking statements in this release do not constitute guarantees of future performance. The
forward-looking statements and comments in this news release are made pursuant to the safe harbor
provisions of the Securities and Exchange Commission Act of 1934.
Certain statements, which describe the Company’s intentions, expectations or predictions, are
forward-looking and are subject to important risks and uncertainties. Actual results could differ
materially from those projected in the forward looking statements as a result of various risks and
uncertainties including, among others, the timely introduction and acceptance of new products, the
impact of rapid technological and market change, competitive factors, the ability to obtain timely
financing, costs associated with new product introductions, the transition of products to new hardware
configurations and platforms, general industry and market conditions and growth rates, currency exchange
rate fluctuations, the impact of consolidation in the technology industry, interest rates, international
growth and global economic conditions, particularly in emerging markets and other factors. This press
release should be read in conjunction with the Company’s most recent business plan and filings with the
appropriate regulatory bodies, which contain a more detailed discussion of the Company’s business
including risks and uncertainties that may affect future results. Dittybase Inc. undertakes no
obligation to update or revise any forward-looking statements, whether as a result of new information,
future events or changed circumstances or for any other reason.
This document is for information only and does not constitute an offer to sell or a solicitation to buy
the securities of the corporation. The corporation’s securities have not been and will not be registered
under the United States securities act of 1993, as amended, and, subject to certain exception, may not
be offered or sold within the United States.
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