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Connected Media Completes NMI Merger; Company Adds Three New Members to Board of Directors.


PLANTATION, Fla. -- Connected Media Technologies, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CNCM CNCM Collection Nationale de Cultures de Microorganismes (French, Institut Pasteur, Paris, France) ), today announced that it has completed its acquisition of Natcom Marketing International ("NMI (NonMaskable Interrupt) A high-priority interrupt that cannot be disabled by another interrupt. It is used to report malfunctions such as parity, bus and math coprocessor errors.

NMI - Non-Maskable Interrupt
"), a Puerto Rican based full-service marketing communications agency. With the closing of the transaction, Connected Media has acquired all of the outstanding shares of NMI in exchange for a total of fifty percent (50%) of the issued and outstanding shares of the Company's common stock and NMI has become a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of the Company. In addition, concurrent with the closing, Robert Rodriguez, Isidro "Izzy" Gonzalez and Mark Mayo have joined the Company's Board of Directors. Rafael Diaz-Balart has been appointed Chairman of the Company, and Leigh Rothschild and Robert Rodriguez have been appointed Vice Chairmen of the Company. According to Jeffrey W. Sass, Connected Media's 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. , "We are very pleased to have completed our anticipated merger with NMI, and we welcome Bob, Mark and Izzy to our Board of Directors. This merger marks an important step forward for Connected Media as we position ourselves as a leading digital media solutions provider. We have already begun to integrate our patented technology with NMI's expertise and contacts to enhance our offerings and customer base as a consolidated company. "

New Board Members

President of NMI, Robert Rodriguez is Co-founder and CEO of NatCom Marketing Communications, a 24-year-old Miami based full service Hispanic-marketing agency. NatCom, a twice ranked INC 500 Company, represents entities such as Bombardier, Lucent Technologies, Chevron, FL Lottery, Avaya, Wells Fargo, Allegro and the Federal Government with marketing initiatives in the U.S. as well as Latin America. Prior to launching NatCom, Mr. Rodriguez served as vice president of sales at Consumer Publishing International, a Dallas Cowboys related company. In addition to his corporate responsibilities, Mr. Rodriguez currently serves as president of the International Advertising Association's Florida chapter (IAA IAA
abbr.
indoleacetic acid

Noun 1. IAA - a plant hormone promoting elongation of stems and roots
indoleacetic acid

auxin - a plant hormone that promotes root formation and bud growth

2.
), Chairman of the Marketing Committee at the City of Miami's ITB ITB Invitation To Bid
ITB In The Beginning
ITB Internationale Tourismusbörse (German)
ITB In The Business (aka in the business service industry)
ITB Intrathecal Baclofen Therapy
. He is also an executive committee member of the Greater Miami Chamber of Commerce and Chairman of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors.  of Cushman School. Mr. Rodriguez was the former vice chairman of the Miami Symphony and was elected as an Executive Committee member of the Republican Party of Miami-Dade in 1984. He received his master's degree in ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund.  from the University of Miami This article is about the university in Coral Gables, Florida. For the university in Oxford, Ohio, see Miami University.

The University of Miami (also known as Miami of Florida,[2] UM,[3] or just The U
 and his undergraduate degree with honors from Barry University.

Mark Mayo is currently the CEO and founder of the L4 Media Group, a group of fifteen (15) ethnically programmed TV stations primarily located in the Southeast. Mr. Mayo has over 30 years of management experience with major market TV, radio and newspapers that blends management, finance, production and business development. Previously, Mr. Mayo co-founded NewsProNet, an industry leader in providing syndicated news content for television to over 120 TV clients. Prior to starting NewsProNet, Mr. Mayo was VP/GM/CFO for an Internet start-up, FASTV.COM and for the Worldwide Broadcasting Network, with offices in Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts.

The Town of Boston is an interior town of the county and one of the county's "Southtowns.
 and Los Angeles. Prior to FASTV, Mr. Mayo spent 10 years with Sunbeam Television Corp. starting as Controller in 1986 and later becoming corporate VP of Finance, Administration and Production in Boston and Miami hubs. Prior to joining Sunbeam, Mr. Mayo worked for 12 years for the Hearst Corporation starting at the Baltimore Newspaper division in 1974 and then transferring to the Broadcast Division to become the Controller for WTAE television and radio in Pittsburgh, PA in 1980.

Izzy Gonzalez currently heads Connected Media's sales operations and has worked as an industry consultant for media companies including SBS, Argent Trading, Natcom Marketing and WAVE Magazine. He previously served as Director of Advertising Sales, for Sony Pictures Television Sony Pictures Television, Inc. (SPT) is an American television production and distribution company. It is a subsidiary of Sony Pictures Entertainment. In turn, the latter is part of the Japanese conglomerate Sony.  International. Prior to that, Mr. Gonzalez was at the CBS Station Group's WFOR-4 in Miami, Florida, as New Business Development Manager. He also worked as Director of Advertising Sales for The Weather Channel (TWC) Latin America. Before that Gonzalez was Producer and Sales Manager for the immensely popular Univision variety program Sabado Gigante, where he initiated sponsorships with brands including Ralston Purina, Polaroid, and McDonalds. Mr. Gonzalez holds a degree in Management Information Systems from the Queensborough College part of the City University of New York The City University of New York (CUNY; acronym: IPA pronunciation: [kjuni]), is the public university system of New York City.  system (CUNY CUNY City University of New York ).

About Connected Media Technologies, Inc.

Connected Media Technologies, Inc. is focused on digital media marketing and technology solutions in the areas of entertainment content (film, music, video), education, advertising, travel and promotion. The Company is the exclusive licensor of US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and a number of additional patent applications pending with the USPTO USPTO
abbr.
United States Patent and Trademark Office
. NMI, a Puerto Rico-based full-service marketing communications agency, is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as Royal Caribbean, Lucent Technologies, Avaya, RJR/Nabisco and Argent to name a few. Additional information about Connected Media Technologies can be found by visiting the Company's web site at http://www.connectedmedia.com.

This press release contains forward-looking statements within the meaning of 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, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 12, 2006
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