Advanced Interactive Inc. Acquired by Fresh Breath Industries; Interactive TV and Broadband Industries to Benefit.Business Editors and High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--March 6, 2001 Advanced Interactive Inc. was acquired by Fresh Breath Industries Inc. (formerly OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FDIB FDIB Faculty Development in International Business ), a fully reporting Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. . The newly formed company has changed its name to Advanced Interactive Inc. (OTCBB:AINR). Advanced Interactive (AINR) develops and markets proprietary technologies and systems that provide high value opportunities in the broadband communication industry. AINR's primary focus is on the development of patented technology for use in the Interactive TV (ITV (1) See interactive TV. (2) (iTV) The code name for Apple's video media hub (see Apple TV). ) and Broadband Industries. A number of industries -- satellite; broadcast; cable and computer -- will benefit from AINR's technologies effecting products such as satellite receivers/decoders, PC/TV decoder cards, cable set-top boxes, cable modems, and advanced VCRs and TVs. Currently, AINR's technology is providing high-speed Internet See broadband. access for students in schools across British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography though branded "SchoolWeb" technology. Using AINR's patented technology of transmitting data in the TV signal, students at schools have access to Web sites at high-speed without the need for high-speed Internet connections to schools. The SchoolWeb project is a partnership between AINR, Canada's Advanced Internet Development Organization CANARIE CANARIE Canadian Network for the Advancement of Research Industry and Education CANARIE Canada Network for the Advancement of Research Industry and Education Inc., the Provincial Learning Network (PLNet), the Ministry of Education of British Columbia, and the Open Learning Agency. The participating schools are very enthusiastic with the SchoolWeb project. According to Strategy Analytics, by 2005, over 625 million people will have access to online services via their television sets. These online services will include access to shopping, banking, games, information and interactive entertainment services. AINR has positioned itself to license its patented core technologies to the industry leaders in the ITV market. By utilizing AINR's technologies, the cable industry will be able to eliminate ingress An entrance. Contrast with "egress," which means exit. See ingress traffic. See also Ingres 2006. noise and noise funnel problems and allow substantially higher reliability and higher speed delivery of data from and to the subscribers' locations (i.e. high-speed on the last mile). Certain information included in this news release, as well as information included in oral statements or other written statements made, or to be made by Advanced Interactive Inc. and its subsidiaries, contain statements that are forward-looking. Such statements relate to the future anticipated direction of the broadcast, cable, satellite and computer industries, plans for future expansion, various business development activities, planned capital expenditures, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. |
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