N E W S R E L E A S E
INTERACTIVE PROCESSING, INC.
NASDAQ - IAPI
4410 N. Rancho Drive, Suite #194
Las Vegas, Nevada 89130
Toll Free: 888-746-6888
Fax: 702-656-5628
News Index
October 23, 1996
Contact:
Interactive Processing, Inc.
1-800-522-6888
FOR IMMEDIATE RELEASE
Las Vegas, Nevada (October 23, 1996) ----- INTERACTIVE PROCESSING, INC. (IAPI or the Company) today announced it is finalizing plans for a significant Infomercial Campaign for its premier product, the TV TerminatorT. This interactive universal remote control was featured as one of the "Hot New Products" at the 1996 Consumer Electronics Show in Las Vegas. The planned Infomercial will be produced by the DOWN HOME SHOPPING NETWORK, a consumer-oriented, direct response, product distribution organization. It will be featured on several of the industry's major networks including Guthy-Renker TV, Paxon Communications of Florida and the American Independent Network. The total audience reached will be in excess of 44,000,000 consumers. IAPI is a leader in infrared technology used in consumer electronics. The TV TERMINATOR is the first interactive universal remote control for television, VCR and cable that incorporates sound effects and pre-programming for virtually all manufacturers' products. The Company has an exclusive licensing agreement with SONY SIGNATURES, INC. for the "BUNDY SPORT REMOTE", a football-shaped remote complete with "kicking tee" stand and sound effects. INTERACTIVE PROCESSING, INC., is a Las Vegas, Nevada based publicly traded corporation; NASD OTC Symbol: IAPI. The Company is currently exploring numerous other opportunities and additional application for its proprietary, patented infrared technology. |