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CORDIS Unit, the Office of the European Community, Research and Development Information Service, Grants License to XRAYMEDIA.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 & VANCOUVER, 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
 -- XRAYMEDIA, Inc., (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:XRYM), an industry leader in real-time negotiating technology, is pleased to announce that the company has been granted a license from the Bureau of the European Community European Community: see European Union.
European Community (EC)

Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community.
 Research and Development Information Services See Information Systems. , CORDIS CORDIS Community Research and Development Information Service (Europe)
CORDIS Community R&D Information Service
 unit. This license enables XRAYMEDIA to launch another business model for its live negotiating technology, The Center for Innovation Technology, in partnership with CORDIS. CORDIS is an information space devoted to European research and development (R&D) and innovation.

XRAYMEDIA European LOM (1) (LAN On Motherboard) Refers to building the Ethernet circuits directly on the motherboard rather than requiring that a separate network adapter be plugged in.

(2) (Lights Out Management) See lights out server room.
 President & 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.  Mr. Hans Johannes Schulte remarks, "This is the next building block in a strategy we are unfolding for XRAYMEDIA in the European market. We hope to deliver on this opportunity, a component of which will be The Center of Innovation Technology's utilization of our unique live negotiating technology to support the ambitions of entrepreneurs worldwide. This will facilitate, in an ongoing way, technology projects and R&D, by improving the financing pipeline from the U.S. and elsewhere. The goal is for The Center of Innovation Technology to match venture finance with industrial and technology-based opportunities. The Center of Innovation Technology will seek to enable the transfer of technology from the lab to the marketplace."

XRAYMEDIA President & CEO Raymond C. Dabney comments on the European developments, "We are very proud to be a part of launching this significant service and pleased with the project Mr. Schulte has spearheaded. The initiative is a logical extension of XRAYMEDIA's capabilities that offer our company another opportunity to offer live matching and instant Internet negotiations in an environment other than media."

About XRAYMEDIA's Center of Innovation Technology

The Center of Innovation Technology enables research and technological developments, live Internet negotiations, search for International innovative business opportunities on emerging technologies focusing on Chemicals, Biology, Medicine, Energy, Environment, IT, Telecommunications, and Industrial Technologies. Initially, The Center of Innovation Technology site will be populated with over 1000 unique company listings, each company will be looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 R&D progress, collaborations and partnerships, marketing and or initial or secondary financing. The information will be instantly updated as New Technology Offers and Requests enter the pipeline.

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 8, 2005
Words:452
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