CORRECTING and REPLACING CinemaElectric, Inc. Releases Mobile Services Business Summary.Business Editors/High-Tech Writers CORRECTION...by CinemaElectric HOLLYWOOD--(BUSINESS WIRE)--Oct. 9, 2003 In BW5786 issued Oct. 9, 2003: Please replace the release with the following corrected version: CINEMAELECTRIC, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . RELEASES MOBILE SERVICES BUSINESS SUMMARY CinemaElectric, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BRXO) announced the release of a Business Summary document outlining the Company's mobile services business. The document is available at: http://www.CinemaElectric.com/bizsum. The document includes a detailed summary of the company's business model and mobile multimedia and entertainment products, competition, and the explosive growth potential of mobile multimedia including Multimedia Messaging, commonly called MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. . Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $2 billion in 2003 and USD $48 billion in 2006. These new graphics delivery systems allow users to enhance their text messages with graphics, animations, small video clips A short video presentation. and audio. Juniper Research has estimated that MMS revenues will reach USD $8.3 billion by 2004. USD $5.6 billion is expected to be generated by third-party content delivery of the kind of content the Company produces. Over 100 Wireless Operators are expected to launch MMS services in 2003, including the top five carriers in the USA. CinemaElectric is believed to own the world's largest library of multimedia content for mobile devices, with a focus on global distribution. The company also produces and distributes PocketCinema(TM) video download content, currently being distributed in Europe and Asia. CinemaElectric is a wireless services company and a leading provider of multimedia entertainment for mobile devices and the creators of PocketCinema(TM) multimedia. The Hollywood-based studio produces downloadable video, and MMS entertainment currently distributed in Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Asia, the Middle East and Australia. This Press Release does not constitute an offer of any securities for sale. CinemaElectric, Inc. merged with Brenex Oil Corp. on Oct. 1, 2003, and the corporation is dba CinemaElectric, Inc. This Press Release may contain 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. , including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public. |
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