ABC News and SmartVideo to Launch ''ABC News Now'' On Smartphones.ATLANTA -- Beginning today, ABC News
ABC News is a division of American television and radio network ABC, owned by The Walt Disney Company. Its current president is David Westin. and SmartVideo Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : SMVD.OB) will make "ABC News Now ABC News Now is a 24 hour broadband news channel offered via television and streaming video at ABCNews.com and on mobile phones. It delivers breaking news, headline news each half hour, and wide range of entertainment and lifestyle programs. ," the 24-hour news channel of ABC News, available on cellular Smartphones to SmartVideo subscribers. "We are proud to offer "ABC News Now" through the SmartVideo service, and we continue to see mobile as a vital space to make our content available anytime and anywhere," said Bernard Gershon, senior vice president and general manager of the ABC News Digital Media Group. "ABC News has recognized the significant value we bring to the table," said Richard E. Bennett, Jr., president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SmartVideo Technologies, Inc. "Our ability to deliver a dynamic, high quality viewing experience over mobile devices will further enhance the public's growing dependence on readily available news and information. It has become increasingly important to people everywhere to have access to news as it is happening, and with ABC News, SmartVideo is an ideal medium to deliver it." SmartVideo subscribers will gain access to "ABC News Now's" live breaking coverage, hourly newsbriefs and 26 original programs including "Politics Live," "What's the Buzz," and "Money Matters." In addition, "ABC News Now" offers the best of ABC News programming with clips from "Good Morning America Good Morning America is a weekday morning news show that is broadcast on the ABC television network. The show was adapted from The Morning Exchange, a morning show created by and airing on the ABC affiliate in Cleveland, Ohio, and was launched nationally as ," "World News Tonight," "Nightline" and "20/20" among others. SmartVideo subscribers currently are offered ABC News On Demand content, which includes clips of "World News Tonight" and "Good Morning America." ABC News Mobile video content reaches over one million wireless subscribers in the U.S. and in several international markets, and is available through SmartVideo and other points of distribution. For a full listing of where to access ABC News On Demand and wireless content, please click here http://abcnews.go.com/Technology/story?id=545637. SmartVideo, (OTCBB: SMVD.OB) is a leading distributor of live and on demand mobile television and provider of turnkey digital solutions for delivering all types of media content to cellular, PDA's and wireless devices. It is the only company in the world that can deliver state-of-the-art, high quality live television at an average of 15 frames per second to low bandwidth devices operation on today's existing 2.5g cellular network. This collaboration is an innovative way of delivering news to millions of people worldwide. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. 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 Microsoft's audio and video framework for Windows, which embraces playback, encoding and streaming. Windows Media Player is the digital jukebox and media player that comes with every version of Windows. , PowerPoint and Windows are registered trademarks or trademarks of Microsoft Corp. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. |
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