Studio One Media, Inc. (Studio One) is a diversified media and technology company. The Company’s subsidiaries and divisions include Studio One Entertainment, Inc., MyStudio Recording Studios, MyStudio Audio Labs, Inc., MyStudio Music, MyStudio Management and MyStudio Masters. The Company, through its wholly ownd subsidiary, Studio One Entertainment, Inc. is engaged in the research and development of audio and video technologies for professional and consumer use. Studio One has developed MyStudio, a self contained high definition (HD) interactive audio/video recording studio designed for installation in shopping malls and other high traffic areas. As of June 30, 2009, the Company had completed the research and development of a new technology audio, that it has branded MyStudio Masters. The Masters technology falls under the MyStudio Audio Labs, Inc., a wholly owned subsidiary of the Company.