Cenuco Pioneers Video Advertising on Cell Phones.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- Cenuco, Inc. (AMEX AMEX See: American Stock Exchange : ICU ICU intensive care unit. ICU abbr. intensive care unit ICU see intensive care unit. ICU ) today announced it has created a new innovative standard in today's advertising industry, global advertising on cell phones. The Company is moving forward on a system to deliver rich-media, video, and content based advertising to standard cellular handsets. Through a technology combination of the recently announced acquisition of a leader in on-line advertising, and Cenuco's core technology for delivering video and audio onto cell phones, the Company intends to offer a feature-rich multimedia advertising platform to mobile wireless devices. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry analysts, over 600 million cellular handsets will be in use during 2005. The Internet Advertising Bureau The Internet Advertising Bureau (IAB) is a UK trade body created in 1997 to promote online advertising. It works across a range of areas, with internal bodies setting standards and best practices for a range of different online marketing techniques. also reported on-line advertising sales at a record $2.37 billion in the 2nd quarter, up over 43% from the prior year. Cenuco intends to lead the convergence of on-line advertising to the cellular handset through its new Online and Cellular Advertising Division. Steven Bettinger, 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. , commented "By combining Cenuco's wireless 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. technology and the expertise of our recently announced acquisition in the on-line advertising industry we have created the next generation in advertising - targeted commercials on your cell phone. Consumers will be able to opt-in to receive special offers and promotions on products and services they have an interest in. Wireless streaming video commercials will be sent directly to their cell phone. Currently there is no comparable advertising opportunity anywhere like it and we believe advertisers and consumers will embrace this new platform. The market potential is tremendous." Cenuco also announced that the 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound Quarterly Report for the first quarter ended September 30, 2004 has been filed with the Securities and Exchange Commission. About Cenuco Cenuco, Inc. develops wireless and Internet based software solutions for transmitting live streaming video, and other targeted content, directly onto cellular phones and remote computers. The Company's technology has applications in a variety of markets, including security, marketing and advertising, education and training, government and retail. The company's wireless data technology is primarily focused on wireless video monitoring solutions that allow users to view real-time streaming video of security cameras or video content feeds at their home or place of business from anywhere they receive a cellular connection, regardless of the cellular carrier, user's location, or type of cellular phone or wireless device. The Company's products address the fast-growing security, surveillance and Homeland Security markets, and some of its monitoring products have been listed on the Federal General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ) schedule. These products have also been Windows Mobile Certified by Microsoft, have received BREW certification from Qualcomm, and are listed in the Intel Mobility Catalog. The Company's Online and Cellular Advertising offerings utilize Cenuco's core wireless technology to create a new advertising platform for delivery of streaming video and audio marketing messages directly to hand held cellular devices, as well as through internet driven targeted campaigns. Please visit www.cenuco.com for additional information. Certain statements contained herein may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, 21E of the Exchange Act of 1934 and/or 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. Such statements include, without limitation, statements regarding business plans, future regulatory environment and approval and, the Company's ability to comply with the rules and policies of independent regulatory agencies. Although the Company believes the statements contained herein to be accurate as of the date they were made, it can give no assurance that such expectations will prove to be correct. The Company undertakes no obligation to update these forward-looking statements. |
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