VANCOUVER, Feb. 13 /PRNewswire-FirstCall/ -- Sound Revolution Inc. (OTCBB: SRLU.OB), a digital entertainment distribution, marketing and technology company, is pleased to announce that on February 9, 2009 the company appointed Penny Green as its President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Secretary and Treasurer. On the same date, Ms. Green was also appointed as a director of the company, thereby increasing the number of directors on the company's Board of Directors to two.
Ms. Green replaces Catherine LeBlanc as the President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Secretary and Treasurer of the company. Ms. LeBlanc's resigned from these positions on February 9, 2009, but will continue to serve as a director of the company. Ms. LeBlanc's resignation did not result from any disagreement with the company regarding its operations, policies, practices or otherwise.
The terms of Ms. Green's engagement and compensation for her services as an officer and director of the Company have not been finalized as of the date of this release.
Sound Revolution is also pleased to announce that on February 9, 2009 the company moved its principal executive office from Barrie, Ontario to Vancouver, British Columbia.
About Penny Green:
Ms. Green is the founder of Sound Revolution and served as its President and Chief Executive Officer from June 5, 2001 to March 15, 2004, from May 30, 2005 to March 30, 2007, and from September 8, 2008 to September 15, 2008. She also served as the company's Secretary from June 5, 2001 to March 15, 2004 and from June 15, 2004 to September 15, 2008, as well as its Treasurer and a director from June 5, 2001 to September 15, 2008. In addition, Ms. Green acted as Sound Revolution's Chief Financial Officer from August 11, 2004 to September 15, 2008 and its Chairman from March 15, 2004 to September 15, 2008.
Ms. Green owns 72% of the issued and outstanding common stock of Sound Revolution in her own name and in the name of Bacchus Entertainment Ltd. As of the date of this release, the company was indebted approximately $560,000 to Ms. Green in the form of shareholder loans.
Ms. Green is the managing attorney of the law firm Bacchus Corporate and Securities Law. She has been practicing law for more than 12 years, and founded the firm over 10 years ago. She is called as an attorney is the State of Washington and the Province of British Columbia, and is a member of the Washington State Bar Association, the American Bar Association, the Law Society of British Columbia and the Canadian Bar Association.
Ms. Green is currently the Chief Financial Officer and a director of China Fiber Fuels Inc., a private company engaged in the cultivation of jatropha curcas plants and seeds in Southwesten China for the production of biodiesel. She is also the Chief Financial Officer and a director of Highbury Biofuel Technologies Inc., a private company involved in commercializing technologies for producing high-efficiency wood waste-based biofuels, promoting the reduction of greenhouse gas emissions and replacing non-renewable fossil fuel resources.
There are no other understandings or arrangements between Ms. Green and any other person pursuant to which she was appointed as a director or executive officer of Sound Revolution. There are no family relationships between Ms. Green and any former director or executive officer of the company. Ms. Green is 37 years old and does not hold a directorship in any other public company or any company registered as an investment company.
About Sound Revolution and Charity Tunes:
Music can change the world. Sound Revolution Inc. is an innovative new media corporation that marries business with social meaning, intends to change the world - of online content delivery. Sound Revolution wholly owns Charity Tunes Inc., whose http://www.charitytunes.com/, a music download website, is unique in its promotional partnerships between musical artists and charities. For more info, go to http://www.charitytunes.com/, or http://www.corporate.charitytunes.com/.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Sound Revolution's filings with the United States Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
