Clarification to Clear Channel Outdoor NY10 Initiative.NEW YORK -- Clear Channel Outdoor (NYSE NYSE See: New York Stock Exchange :CCO (Chief or Corporate Compliance Officer) The executive person in charge of compliance issues, regulatory requirements, internal controls and managing audits within an enterprise or organization. ) wishes to correct the Press Release we issued January 4, 2007. As stated, our goal is to inform and entertain passengers in at least 5,000 New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. taxis by airing NY10, New York Taxi Entertainment Network. At the present time, neither we nor any subsidiary of Clear Channel Outdoor is a party to any contract with any owners of the approximately 13,000 New York City taxicabs. Currently, the Taxi and Limousine Commission ("TLC TLC total lung capacity; thin-layer chromatography. TLC abbr. 1. thin-layer chromatography 2. ") has not authorized the sale of any technology systems with or without media entertainment to owners of NYC NYC abbr. New York City NYC New York City taxicabs. Furthermore, neither Clear Channel nor any of the four vendors currently approved for testing, is "partnering" with the TLC. The use of such term was intended to demonstrate the enthusiastic commitment Clear Channel has in working cooperatively with the TLC on this exciting project, which will benefit the entire New York City taxicab riding public. We regret any confusion that may have resulted from the original release. |
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