SmartVideo Brings Free Digital Music Videos to All Internet Enabled Mobile Devices
posted on
Jan 23, 2006 05:46AM
SmartVideo Brings Free Digital Music Videos to All Internet Enabled Mobile Devices, Connected via Cellular, Wi-Fi, and DSL Networks; Innovative Partnership Brings Current Music Hits to the Palm of Your Hand, FREE
ATLANTA--(BUSINESS WIRE)--Jan. 23, 2006--SmartVideo Technologies, Inc. (OTCBB: SMVD.OB), announced mobile viewers can now watch the latest music videos on all Internet enabled devices, such as cellphones, PDAs, and laptops connected via cellular, Wi-Fi, and DSL networks. SmartVideo in partnership with the Digital Music Video Network (DMVN), today launched its groundbreaking, advertising-supported channels featuring videos by the music industry`s top artists. A unique feature of this service is SmartVideo`s use of an advanced Digital Rights Management (DRM) system that protects the copyright and security of the music.
Digital Music Video Network, the first 24 hour-a-day music channel for mobile devices, is now available anywhere in North America. Today`s launch by SmartVideo and the Digital Music Network features top 40 hits with plans to introduce additional channels dedicated to urban, dance, rock, country and other music genres in the near future.
Today, the hottest music videos from the biggest artists will be accessible from anywhere in North America including, Kanye West, Mariah Carey, U2, Black Eyed Peas, Gwen Stefani, Eminem, Lindsay Lohan, Prince, Ja Rule, Ashlee Simpson, 50 Cent, Nelly, and many more from every format of music such as County, Latin and Alternative Rock.
``Fans of music videos are members of the hip and savvy demographic who are also early adopters of mobile media,`` says Richard E. Bennett, Jr., SmartVideo CEO. ``We are excited to be able to satisfy the demand for musical content on wireless devices while also blazing the trail for a fully ad-supported channel.``
``All the research shows that free, commercial-based content is vastly preferred by consumers,`` says Jim Robinson, president of the DMV Network. ``And SmartVideo is the perfect partner for this. With their high-quality, full motion video technology at low bandwidths, the video blows everyone away when they see it. Now anyone with an Internet connection can watch streaming music video content on cell phones, PDAs, laptops and desktops.``
About SmartVideo: SmartVideo Technologies, Inc. was founded in 1999 by a small team of talented developers and engineers in Atlanta, GA, to address limitations they encountered trying to deliver quality video in their multi-port videoconferencing business. Their discovery of a process that allows the delivery of quality video communications via low-bandwidth, dial-up connections ultimately led mobile entertainment solutions. The technology was converted to resolve persistent quality issues with video streaming, and later to enable wireless devices to be used for entertainment and interactive applications. Today, SmartVideo, publicly traded and listed on the OTC Bulletin Board under the symbol SMVD.OB, is a leading provider of turnkey digital solutions for delivering all types of media content via cellular, PDAs and wireless devices, and the Internet. In 2005, SmartVideo launched the industry`s only mobile video service offering TV-quality, fully synched audio and video to wireless phone subscribers of all major global carriers.
About DMVN: Digital Music Video Network is based in Orlando, FL and is jointly owned by world`s leader in digital music distribution services for the music industry.
Forward Looking Statements
This press release includes statements that may constitute ``forward-looking`` statements, usually containing the words ``believe,`` ``estimate,`` ``project,`` ``intend,`` ``expect,`` or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the inability of SmartVideo to obtain the additional financing needed to fund operations, the failure of SmartVideo to convert its present and future customer contracts into profitable arrangements for SmartVideo, unexpected costs, delays and other difficulties related to the timing and success of product development and marketing plans, adverse changes in the market for the delivery of full-motion, streaming video content, the failure of SmartVideo`s hosting infrastructure, the complexity of SmartVideo`s services and delivery network, pricing and other activities by competitors, difficulties involved in retaining and motivating key personnel and other risks detailed in SmartVideo`s periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, SmartVideo undertakes no obligation to update these statements for revisions or changes after the date of this release. Microsoft, Windows Media, Powerpoint and Windows are registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.