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Costas Inc.

Costas Inc. is a digital media company which owns and develops web-based consumer internet assets and communities in the United States and India. India has one of the fastest growing economies in the world and Costas through its acquisition and development of knowledge based products and services has a created a digital bridge between India and the United States

04 Aug 2010
 
Costas, Inc. Expects Increased Growth From Growing Digital Media Assets and Client Base In India
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Costas, Inc. Expects Increased Growth From Growing Digital Media Assets and Client Base In India

Uptake in Digital Media Distribution Platforms and Digital Transmission on High Growth Trajectory in India

Corona, CA, August 4, 2010 – Costas Inc., (PINKSHEETS: CSSI) a digital media company which owns and develops web-based consumer internet assets in the United States and India announced today that the Company expects increased growth from its current and growing digital media assets and client base in India.  Costas expects uptake in digital media distribution in India to continue to increase as the inevitable migration to digital infrastructure continues in one of the fastest growing economies in the world.  

 

 “We continue to align and partner with India’s digital media industry and have faith that Costas will play an important role and take a leadership position in this country and its growing digital industry,” stated Shailesh Shah, President and CEO of Costas, Inc.  “Costas will grow its current digital assets and actively acquire and partner with world-class companies in various sectors as opportunities arise.  Our strategy of developing digital media and technology assets and sharing our resources and experience with our corporate portfolio of company’s will support our continued growth, both in geographic scope and revenue generation.”

 

About Costas Inc.

Costas Inc. is a digital media company which owns and develops web-based consumer internet assets and communities in the United States and India.  India has one of the fastest growing economies in the world and Costas through its acquisition and development of knowledge based products and services has a created a digital bridge between India and the United States.

 

Safe Harbor Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Costas, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

 

For more information, please contact:

Costas, Inc.

Investor Relations

951-734-4500

www.costasinc.com

 

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