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www.metrointeractive.com
Metro Sold To Z-Tech & Ben Jelloun
(Just Thought I'd Be An Asshole And Break This Press Release)

Tuesday, September 30



From Metro:

[Ed.] Ben Jelloun has been actively involved in the adult webmaster industry for more than a decade, primarily at Interclimax.

ZEIST Technologies (Z-Tech), a new, Amsterdam based premium adult content provider has acquired world-wide distribution rights to Metro Interactive’s extensive library, along with Metro’s operations located in Chatsworth, CA.

Ben Jelloun, Chairman and CEO of Z-Tech said today 'I look forward to this tremendous opportunity to maximize Metro’s substantial assets and resources and build on its position in the adult entertainment industry. I am extremely excited about Metro’s future prospects and its growth potential as new media platforms are created.' Z-Tech plans to continue Metro’s operations at its Chatsworth location, including continued new productions by Metro Studios.

Jelloun established Z-Tech with a group of foreign investors as an international distributor, and will draw upon his 12 years of business experience in the adult entertainment field, specializing in internet traffic generating techniques, internet content sales through affiliates and brand recognition via the internet. His most recent position was CEO of InterClimax, which he grew to be one of the world leaders in adult internet products including live streaming.

I am happy to turn over the company to Mr. Jelloun, who I am sure will take Metro to a whole new level' stated Ken Guarino, Metro’s founder. 'The business is changing rapidly, and given the current economic conditions, it requires a global business plan that maximizes ancillary revenues for continued success. Metro has built a very diverse and extensive library over the years and continues to release quality product. I feel that Jelloun will manage and build on this foundation, maximizing Metro to its true value potential.'

The company does not plan any immediate changes except that the name of the company will become Metro Content, LLC to reflect the future direction of the company. Metro plans on diversifying its focus from DVD production and distribution to a plan that emphasizes internet and content sales, while continuing its tradition of releasing quality DVDs.

'I have lots of new and unique product ideas for Metro and because of Metro’s foothold in the marketplace, I will be able to hit the ground running' stated Jelloun. 'The transition should be seamless. All employees and management will stay in place, and our sales department will continue to be led by Russell Pascale, who’s 20 years in sales experience will be key in Metro’s future distribution growth.'

Metro produces and distributes adult movies, offering content for all platforms worldwide, including DVD and video-on-demand. For more information, visit http://www.metrointeractive.com


Source: A Metro Press Release











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