"We're very pleased to sign a Letter of Intent with DISS. This new partnership will not only add value to our Company and its shareholders, but it will enable us to tap into a market that is growing exponentially," stated Jim Turek, CEO of TelcoBlue, Inc.
TelcoBlue, Inc. Enters $500 Million Video Advertising Market
Wednesday January 23, 8:30 AM EST
Company Signs LOI With Video Advertising Company
TelcoBlue, Inc. (TBLU) is pleased to announce that the Company has signed a Letter of Intent to acquire exclusive licensing rights to Done in Sixty Seconds™ (DISS), a company that developed a new technology for online video creation that allows customers to design and order a customized Web advertising video. The Letter of Intent gives TelcoBlue, Inc. the exclusive rights for the sales and marketing of DISS' products.
In the agreement, TelcoBlue, Inc. will retain all sales from future DISS clients and will retain an exclusive contract for Prosper Media to produce all videos within a 90-day preliminary period and thereafter. Primarily, DISS was developed to help clients differentiate their marketing strategy by using custom video to "infotain" their prospective audience. It can be used for a variety of purposes: to promote events, sales and fundraisers, answer questions, give directions, greet and thank visitors, etc. According to the U.S. Census Bureau, in 2008, over $500 million will be spent on video ads and 137.2 million people will watch them.
"We're very pleased to sign a Letter of Intent with DISS. This new partnership will not only add value to our Company and its shareholders, but it will enable us to tap into a market that is growing exponentially," stated Jim Turek, CEO of TelcoBlue, Inc.
For more information regarding Done in Sixty Seconds™, please visit: www.donein60.com.
TelcoBlue, Inc. recently announced that the Company successfully launched its marketing and sales efforts for its newest product, TelcoTV, at this year's Consumer Electronics Show (CES). The Company had strategic meetings with professionals in the automotive and "direct to market" industries. TelcoBlue is marketing the product to companies such as Volvo, Ford, Chrysler, SAAB, amongst others.
About Done In Sixty Seconds:
Done In Sixty Seconds™ (DISS) makes web video advertising affordable for everybody. The company has developed a new technology for online video creation that allows you to design and order a customized video in no time at all. It's called AAPPOL, or Automated Advertising Production Portal On-Line.
About TelcoBlue, Inc.:
TelcoBlue, Inc.'s mission is to develop and acquire undervalued companies that have innovative technology that will potentially increase the growth of the Company. TelcoBlue, Inc. continues to seek out and capitalize on emerging technologies that will change the electronics community.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.
Contact:
For more information, please call:
Investor Relations
1-866-THE-APPL(E) |
