Chicago-based power metallers TWELFTH GATE have issued the following update:"It is with mild disappointment that we announce our decision to part ways with our record label, Crash Music. In short, due to financial setbacks, Crash Music attempted to re-negotiate the terms of our contract for our follow-up releases. Unfortunately, because those new terms were considerably lower financially than our initial contract, we have decided to sever our partnership with them, and seek out a new label where we can build up a better & more successful relationship. Although, considering everything that has happened, we would still like to thank Mark Nawara (president of Crash) for giving us an opportunity, and for helping us get the TWELFTH GATE name out there & noticed. "We are currently in negotiations with another label, and we hope to make an official announcement in the following weeks. Stay tuned..." TWELFTH GATE have set "Threshold of Revelation" as the title of their follow-up to 2003's "Summoning", tentatively due in late 2005/early 2006. The band will once again be working with producer/engineer Chris Djuricic at Studio One in Racine, WI.