Triangle Television Network signs Production Deal With ValCom
Palm Springs CA, Aug 16, 2001 (PR Newswire) -- Triangle Multi-Media Limited, Inc. (OTC-QBID) announced that Triangle Television Network (TTN) has secured the production services of ValCom (OTCBB:VCMI – Frankfurt:VAM)to produce two of its television programs to be in the program schedule of TTN. ValCom will provide facilities and expertise in the production of “Gay Bandstand” and “Gay Court”. ValCom, Inc. provides full service production services and facilities to companies in the television and film industry.
About ValCom
ValCom is a vertically integrated entertainment conglomerate that includes television production for network and syndication, motion pictures, and real estate holdings. ValCom owns 30 acres of land located on both the east and west coast, and approximately 300,000 square feet of commercial buildings,which consists of ten film and production sound stages. The company recently purchased Half-Day Video, Inc. bringing in over 2 million in annual revenues, with over a million in television/film equipment available for rent or rented. The company has contracts in place to utilize the sound stages with Paramount Pictures for the hit CBS series "JAG" and Saban Entertainment for the Fox Family popular show "Power Rangers." ValCom's clients include: Warner Bros., Universal, HBO, Twentieth Century Fox, Disney, CBS, and the USA Network. For additional information go to: valenciaentertainment.com
“We are delighted to have secured ValCom to produce two of our main programs for the launch of Triangle Television Network (TTN) on September 5, 2001”, comments Frank Olsen President of Triangle Multi-Media Limited, Inc. “ValCom will produce “Gay Court” and “Gay Bandstand” for Triangle Television Network in the Company’s facilities in Palm Springs and will utilize ValCom facilities in Valencia. We are excited to finally launch TTN and to realize the implementation of the company’s business plan. TTN is designed to encourage maximum leverage of information technology, operational excellence, industry expertise and synergistic business opportunities. TTN is committed to building shareholder value by positioning affiliated companies as independent business entities in which QBID shareholders enjoy equity participation. We are continuing to explore ways of generate revenues, build shareholder equity and increase shareholders value”, further commented Frank Olsen.
Triangle Multi-Media Limited web sites (www.qbid.net) and (www.triangletelevisionnetwork.com).
QBID Overview
The Triangle Television Network (the 'Company' or 'TTN'), a wholly owned subsidiary of Triangle Multi-Media Limited, Inc (QBID) was organized to create and develop a network devoted to providing both television and radio programming for the gay and lesbian community. While TTN expects much of its subscriber base will be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public. TTN's programming will be provided on a subscription basis, no later than September 5, 2001. The Triangle Television Network will broadcast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the Triangle Television Network across the United States, including Alaska, Hawaii and Puerto Rico.
QBID Contact: 1-877-641-7600
Triangle Multi-Media Inc. is traded on the NASDAQ Pink Sheet Exchange, Symbol QBID.
Source: Triangle Multi Media, Inc.
WebSite: qbid.net & triangletelevisionnetwork.com
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