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Sunset Island Names Two To Board, CEO Resigns

March 19, 2010

Sunset Island Group names two new Board members, CEO resigns




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 19, 2010 -- Sunset Island Group (OTC Pink Sheets: SIGO), announced today that it has appointed two new members to its Board of Directors and that it has also accepted the resignation of the company’s CEO.

The new Board Members are Mr. Michael Racicot and Mr. Brian Lowe, effective immediately..

In addition, the company has announced that it has accepted the resignation of Lawrence Sherman as CEO and has named Mr. Racicot as the ‘Interim’ CEO.

The company has also reiterated that it expects to have the acquisition of Sunset Island Music closed over the near term.

Safe Harbor Provisions:
Certain statements in this news release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995.

No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and

describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest
rates, inflationary factors, and other specific risks. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


More information can be found online at http://sunsetislandmusic.com


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Contact Information

  • Name: sunsetisland1

    Company: Sunset Island Music

    Telephone: 941-504-4938

    Email: ***@sunsetislandmusic.com

    WebSite:

    http://sunsetislandmusic.com



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