NBC Universal Television Stations License Connected Media's Digital News Content
03 November 2006 - 2:56AM
PR Newswire (US)
Leading Media and Entertainment Company Signs Two Year Deal To
License Broadcast Stories MIAMI, Nov. 2 /PRNewswire-FirstCall/ --
Connected Media Technologies, Inc. (OTC:CNCM.OB) (BULLETIN BOARD:
CNCM.OB) , a provider of digital media marketing solutions,
announced that one of its wholly-owned subsidiaries has entered
into a two-year content license agreement with the NBC Universal
Television Stations to have certain non-exclusive rights to several
hundred original stories from the content library recently acquired
by Connected Media. Originally produced for the broadcast
television market, the short-form stories to be provided to the
stations cover a wide range of topics and will be utilized by the
stations across digital and emerging media platforms. "We are very
pleased to have the NBCU stations as a customer," said Izzy
Gonzalez, President of Connected Media. "Being a reliable source of
digital video content is an important part of our strategy to
provide digital media and technology solutions. As a recognized
leader in delivering quality entertainment, news and information
through all channels of distribution, the NBC stations are an ideal
partner for our professionally produced and topical stories." The
content library recently acquired by Connected Media through its
wholly owned subsidiary includes a wide range of originally
produced broadcast stories covering topics in categories including
health and fitness, technology, money and finance, automotive and
other consumer and lifestyle trends. Syndicated to independent and
network owned and affiliated broadcast TV stations under the
NewsProNet brand, the content currently reaches approximately 77%
of U.S. television homes each month. About Connected Media
Technologies, Inc. Connected Media is a digital solutions company
offering sales, content and marketing solutions across a broad
spectrum of current and emerging media platforms, including
portable devices. The Company holds exclusive licenses to US Patent
#6,101,534, "Interactive, Remote, Computer Interface System", and
US Patent #6,952,697, "A Media Validation System" and to a number
of additional patent applications pending with the USPTO. NMI, a
Puerto Rico-based full-service marketing communications agency, is
a wholly owned subsidiary of Connected Media. Founded in 1997, NMI
provides complete marketing and communications initiatives to
blue-chip corporate clients such as Royal Caribbean, Lucent
Technologies, Avaya, RJR/Nabisco and Argent. Connected Media also
produces and owns a content library of broadcast news stories, as
well as the NewsProNet, SweepsFeed, HeadsUp!, KnowMore, and Impacto
brands. Additional information about Connected Media is available
on the Company's web site at http://www.connectedmedia.com/. This
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
regarding the company's business strategy and future plans of
operations. Forward-looking statements involve known and unknown
risks and uncertainties, both general and specific to the matters
discussed in this press release. These and other important factors,
including the company's ability to prosecute and defend its
patents, attract new licensees, maintain the company's
relationships with strategic partners and acquire new strategic
partners, the company's ability to raise additional capital and
other factors mentioned in various Securities and Exchange
Commission filings made periodically by the company, may cause the
company's actual results and performance to differ materially from
the future results and performance expressed in or implied by such
forward-looking statements. The forward-looking statements
contained in this press release speak only as of the date hereof
and the company expressly disclaims any obligation to provide
public updates, revisions or amendments to any forward-looking
statements made herein to reflect changes in the company's
expectations or future events. The Connected Media Technologies,
Inc. logo is a trademark of Connected Media Technologies, Inc.
DATASOURCE: Connected Media Technologies, Inc. CONTACT: Jeffrey W.
Sass, CEO, Connected Media Technologies, Inc., +1-786-425-0028,
Fax: +1-786-425-0067, Web site: http://www.connectedmedia.com/
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