The Strokes, New York's underground rock act of the moment, are on the brink of signing a major label deal with RCA Records. Following the release of their debut single, "The Modern Age" on the U.K.'s

The Strokes, New York's underground rock act of the moment, are on the brink of signing a major label deal with RCA Records. Following the release of their debut single, "The Modern Age" on the U.K.'s Rough Trade Records, the band quickly became one of the most hotly pursued American acts, with every major label rumored to be interested in signing them.

Inside sources close to the band state that in addition to with signing to RCA, the Strokes will remain on Rough Trade in the U.K. The Strokes recently completed their first national tour, supporting U.K. modern rock act Doves, and have been in the studio with producer Gil Norton (Pixies) recording the follow up single to "The Modern Age."

The five-piece outfit, whose members range in age from 19 to 22, hearken back to the sound of the New York rock scene in the mid and late '70s, when acts such as Television and the Ramones ruled the roost. The group consists of vocalist Julian Casablancas, guitarists Albert Hammond Jr. and Nick Valensi, bassist Nikolai Fraiture, and drummer Fabrizio Moretti..