Complaint Review: Options Talent - Orlando Florida

ORLANDO, Fla., Sep 5, 2002 /PRNewswire-FirstCall via COMTEX/ -- Trans Continental Entertainment Unit, one of music impresario Lou Pearlman's entertainment companies, and Options Talent Group, Inc. (OTC Bulletin Board: OPTG) today announced a strategic merger to create the world's largest music, acting and model scouting company in an all-stock transaction. This unique enterprise, to be named Trans Continental Entertainment Group, Inc., will be positioned as the world's premiere company presenting modeling, acting and musical talent to the entertainment and advertising industries across the most advanced media platforms. The Company's wholly owned subsidiary, Trans Continental Talent, Inc., will feature more than 70 offices worldwide, the largest team of scouts in the talent industry, and some 75,000 images of professional and amateur models and actors on file, along with profiles and video demos of musicians, vocalists, songwriters and performers. The Company's enormous database is web-centric and can be accessed electronically from any place in the world by registered producers, agents and/ or casting directors, and can be searched by height, coloring, geographic location, dance and other creative skills, among dozens of other criteria
Mark Tolner, President Options Talent, Inc 1701 Park Center Drive - Orlando, FL 32835 Lou Pearlman, chief executive officer and chairman of Trans Continental Companies, will become chairman of the board of the newly named company. Mark Tolner, president of Options Talent, Inc., will report directly to Pearlman, manage the merger transition, and serve as CEO of the new Company. "There isn't any company on earth that can offer new talent the kind of global exposure they will now get from this combined entity," said Pearlman. "We are creating a tremendous infrastructure and resource for the entertainment, advertising and promotion industries that will forever change the way talent is discovered. The merger combines Options Talent's global reach and technologically advanced presentation systems with Trans Con's unmatched creative and promotional capabilities in discovering and developing world-class entertainers, actors and models." Added Tolner, "Lou Pearlman is exactly what is needed to take Options to the next level of leadership in our industry. This man created the Backstreet Boys and *NSYNC! He has proven time and again his ability to nurture and package young entertainers in ways that have reflected and reshaped our times. Thousands of young models and actors have trusted us enough to make Options Talent the world's preeminent showcase for their abilities. With Lou's guidance, the best and the brightest all over the world will now have access to the tested counsel needed to refine and develop their talent and accelerate their entry as professionals into entertainment and advertising markets worldwide." About Options Talent, Inc. Options Talent, Inc. (OTC Bulletin Board: OPTG) is the leading talent scouting enterprise in the world. Its web-based database contains over 75,000 images of models and actors, recruited by a team of over 1,000 talent scouts, and is accessed via secured registration worldwide by over one thousand modeling agencies, photographers, stylists, producers, casting professionals and other advertising and entertainment industry users.