02/18/04 Players Network and KIWI Network Solutions Enter Into an Exclusive Letter of Intent to Offer Interactive Video Content Over Broadband, in Casino Hotels and Resort Environments and on KIWI's Wireless Device and Peripherals
LAS VEGAS, Feb. 18 /PRNewswire-FirstCall/ -- Players Network, Inc. (BULLETIN BOARD: PNTV) jointly announced the signing of a Letter of Intent with KIWI Network Solutions, Inc. (BULLETIN BOARD: KWNS) . The Letter of Intent grants Players Network exclusive worldwide distribution, marketing and content rights in the gaming and sports wagering sector that includes all land/sea-based and online gaming markets and related environments.
KIWI's interactive desktop broadband platform, wireless mobile virtual network and device provides Players Network with an interactive application and distribution infrastructure to deliver its gaming-centric content in multiple digital formats on a host of networks and protocols. KIWI's advanced communications applications and transmission technologies enable Players Network to deliver 2-way, real-time, interactive broadcast, video/audio interactive gaming applications. KIWI's applications allow live interactive video event simulcasting with real-time return-path data capture in text, with multiple programs and video connections running concurrently.
Together the companies are uniquely positioned to provide mobile and desktop applications and transport processes for interactive casino programming, video game shows, racing, sports, activities and special events, audio and educational applications over multiple transmission networks.
Mark Bradley, Players Network's President said, "KIWI's technology and network provides Players Network with the capability of simultaneously delivering its television programming, audio, and other media content in a secure environment. Their platform allows consumers with a PC, PDA or cellular handset to receive Players Network's interactive channel and information on a global footprint. Players intends to leverage its content and to manage master applications and technology distribution to other domestic and international gaming related entities as well."
Harold Fischer, KIWI's CEO said, "Players Network's gaming sector relationships, production and content expertise, and existing access to gaming and casino environments represent an exceptional opportunity for the two companies to capitalize on KIWI's versatile, mobile and interactive entertainment technologies."
KIWI is perfecting an International Mobile Virtual Network Operator (IMVNO) platform that enables the delivery of 2-Way VOICE/VIDEO/AUDIO/DATA/SHORT MESSAGING over Internet Protocol ( kiwi.thetreaty.com ), Cellular, Short Messaging, 802.11B/G and other networks. KIWI is finalizing the development of applicable devices and peripherals. The technologies and hardware are compatible with all major cellular carriers, ISPs and virtual network companies.
PLAYERS NETWORK, a publicly traded company, is a producer of original gaming industry television programming and operates a 24-hour digital private network, which is broadcast directly into hotel and casino guestrooms. Players Network also owns and operates playersnetwork.com , as well as Action Sound Stage in Las Vegas, where most of the Company's programming is produced. The company's television and Internet content targets the 300,000,000 people who visit casino destinations worldwide each year by providing them with gaming-centric information.
This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words "can," "anticipates," and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. The material should be read in conjunction with the Company's current annual and quarterly reports filed with the SEC, which contain discussions of currently known factors that could significantly impact the Company's future expectations.
CONTACT: Mark Bradley, President of Players Network, Inc.,+1-702-895-8884, info@playersnetwork.com; or Harold S. Fischer, CEO ofKIWI Network Solutions, Inc., +1-954-771-5500, harold@kiwimobile.com
Web site: kiwi.thetreaty.com
Web site: playersnetwork.com
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