Armagh Group Name Changes to SmartVideo Technologies.Business Editors/High-Tech Writers ATLANTA--(BUSINESS WIRE)--Jan. 6, 2003 Armagh Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMGH) today announced that its OTCBB trading symbol Trading symbol See: Ticker symbol is changing from AMGH to SMVD effective Monday, January 6, 2003. Also effective on Monday, the company name is changing from Armagh Group, Inc. (OTCBB:AMGH) to SmartVideo Technologies, Inc. (OTCBB:SMVD). The previously announced 1:3 reverse stock split is also in effect on Monday. "Our new name reflects the core business of the company and will contribute to our building a consistent brand in the market," said Richard E. Bennett, Jr., 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. and President of SmartVideo Technologies. About SmartVideo Technologies SmartVideo designs, develops, sells, and markets technology that delivers full motion video content to a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. using an Internet connection. SmartVideo uses its proprietary technology to offer services that enable full motion video content to be viewed via both dial-up and broadband Internet See broadband. connections. These technologies enable live video broadcast, with viewer interactivity, to more than 95% of all Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f . SmartVideo addresses the increasingly important role that delivery of rich media content plays in Internet communications. SmartVideo products and services deliver live or pre-recorded rich media content, combining traditional web-based text, graphics, and hyper-links with smooth, real-time video and high-quality audio. Companies around the world are looking to harness the power of video and audio on their websites and in other corporate applications. SmartVideo believes that the demand for, and use of, its services will grow at a faster rate than most other Internet applications. More information and application Demos can be found at SmartVideo's website: http://www.smartvideo.com. Additionally, any prospective clients or shareholders can log into the SmartVideo website on most Thursdays at 1 p.m. EST P.M. also p.m. or p.m. abbr. post meridiem Usage Note: By definition, 12 a.m. to see live demos of the SmartVideo application. SmartVideo is based in Norcross, Ga., a suburb of Atlanta. This news release contains "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. " within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Words such as "intend," "expects," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements. Forward-looking statements include statements concerning plans, objectives, future events or performance and assumptions and other statements that are not statements of historical fact. Although the company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. |
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