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To: Matt Brown who wrote (36)5/8/1999 5:40:00 PM
From: diddlysquatz  Respond to of 88
 
Ok, here goes.

MDU Communications - MDTV - OTC BB

Shares Outstanding 9.2 million
Restricted 5.2 million
Free trading 4.0 million

Company Profile:

MDU Communications Inc. is one of North America's fastest growing
digital satellite communications companies. We offer the MDU Digital
Satellite System, a unique digital communications service that delivers new and exciting technologies to residents of Multiple Dwelling Units (MDU's). MDUs include apartment complexes, condominiums, gated communities, universities and more.

The company establishes mutually beneficial relationships with building owners, managers, and residents to provide state-of-the-art technologies that empower them with greater choice. These choices offer MDU residents better value and better satisfaction.

MDU provides the complete building wiring infrastructure and all the
hardware. The hardware includes just one satellite dish for all the residents, mounted in a suitable location, and a set-top receiver for each resident. The infrastructure and hardware are provided at our expense.

The receiver enables each resident to access Star Choice digital satellite television services. Star Choice Television is a CRTC approved direct-to-home television broadcasting distribution undertaking. The MDU service also includes information channels, security monitoring channels, local television channels and more.

The future expansion potential of our service enhances the resident's ability to choose between service providers. For example, we will soon provide Internet access and related voice and data services.

MDU believes in competition and that each resident in an MDU complex is unique. Our commitment to these beliefs is residents maintain the ability to choose between our service and existing services such as conventional cable television. We do not seek exclusive access; residents do not have to disconnect their cable television service.

Digital Satellite Television provides subscribers with more television choices and more control over their program choices. It offers crystal clear digital pictures and sound. The set top receiver is easy to use and customers fully benefit from all the benefits Digital Satellite service has compared to conventional television options.

MDU's executive management team has considerable experience in the
satellite, broadcasting, cable and programming industries. Our personnel strive for excellence in customer service and the relationships they maintain. MDU has established offices across Canada to ensure it provides the best service possible to all MDU customers. Recognizing our wealth of experience in the communications industries and our dedication to customer service, Star Choice has made MDU a nationally authorized system operator.

The company currently has just under 11,000 subscribers and a backlog of over 200 buildings, totalling over 25,000 additional units, requesting service. The company is about to launch a new high speed internet service that will compete with cable modems at a lower cost. Company has agreements with Hilton Hotel and other high profile players in the industry.

Bear Stearns recently came out with a buy recommendation on a similar company, PGTV. Bear Strearns valued each PGTV subscriber at $2086 each. PGTV happens to be the top rated company (out of 45 companies)in the broadcast/tv industry ranking biz.yahoo.com

MDTV actually has a better business model than PGTV and is able to provide more future services than PGTV. MDTV has 11,000 subscribers, value $22 million. Backlog of potential subs, 25,000. Potential value $50 million. With only 9.2 million shares currently outstanding it makes for an impressive future value.

Company recently announced the appointment of Arthur Griffiths. His family just sold the control position of one of the largest broadcsat companies in Canada, WIC Western International Communications. His appointment adds tremendous credibility to the company.

Company will file its 10SB, to become reporting, next week.

MDTV website mduc.com
MDTV News biz.yahoo.com
PGTV website pgtv.com
PGTV coverage biz.yahoo.com