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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc.

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To: afrayem onigwecher who wrote (2175)1/28/2005 1:40:46 PM
From: StockDung  Read Replies (1) of 2211
 
OTC Financial Network Issues Favorable Report on New Visual Corporation

For more information, contact:
At the Company: At OTC Financial Network:
Brad Ketch, President & CEO Rick McCaffrey, Investor Relations
619-692-0333 781-444-6100 x621
info@newvisual.com rick@otcfn.com
newvisual.com otcfn.com

For Immediate release

OTC Financial Network Issues Favorable Report on New Visual Corporation

SAN DIEGO, CA: January 28, 2005: New Visual Corporation (OTC BB: NVEI), an emerging provider of semiconductors to the broadband telecommunications industry, announced today that OTC Financial Network, a division of National Financial Communications Corp., has issued a favorable InvestorFacts report on the Company. The report includes a profile of the Company's semiconductor technology, market potential, growth strategies and investment considerations. Interested parties can view the report online at otcfn.com.

Geoffrey Eiten, publisher of OTC InvestorFacts, stated, "New Visual has positioned itself to benefit from the growing, international broadband market. The demand for faster and better Internet connections continues to rise, and the technology offered in the Embarq(TM) suite of products will enable homes and small business to transmit data nearly 100 times faster than any current technology."

Eiten continued, "With its existing intellectual properties from strategic partnerships, successful field test results and cutting edge technology, New Visual represents a strong potential win for its investors as they move into the commercialization stages of Embarq(TM)."

About OTC Financial Network

OTC Financial Network, a division of National Financial Communications Corp. (http://www.nationalfc.com) based in Needham, Massachusetts, is a full- service financial communications and investor relations firm that specializes in micro-cap companies. The Company's proactive campaigns are custom designed to strengthen each client's presence in the investment communty by disseminating breaking news and fundamental positions to spheres of influence; building upon the client's existing shareholder base; and soliciting institutional coverage. For more information, visit otcfn.com.

About New Visual Corporation

Based in San Diego, New Visual is a late-development-stage fabless communications semiconductor company. It is developing an advanced technology that allows data to be transmitted at greater speed and across extended distances over existing copper wire. For more information, visit newvisual.com.

Disclaimer: OTC InvestorFacts, published by National Financial Communications Corp., endeavors to supply its readers with sound opinions and advice based on its analysis of publicly available information from sources believed to be reliable, but makes no representation as to its accuracy or completeness. Opinions and advice of OTC InvestorFacts are not based upon individual needs or investment objectives of readers nor are they an offer to buy or sell securities. National Financial Communications Corp. and the publisher of OTC Investor Facts have received fees and compensation from the featured company, including payment of 128,571 shares of restricted stock. National Financial Communications Corp., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold or sell a position in the securities mentioned in its profiles. Upon request, the Company can furnish specific information in this regard. For full disclosure information, visit otcfn.com.

With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. New Visual is under no obligation to revise or update any forward looking statement in order to reflect events or circumstances that may arise in the future.
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