DIGITAL UTILITIES TO ACQUIRE JAMAICA NETWORK ACCESS POINT.Digital Utilities Ventures, Inc. (DUTV), an innovator in over the IP video transport systems with its breakthrough New Last Mile Platform, has signed an agreement to acquire Jamaica Network Access Point, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability (JNAP). Upon closing the deal, Mark Reid, 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. of JNAP will become the CEO of Digital Utilities Ventures. Operations - JNAP, operating as 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 Digital Utilities Ventures (DUTV), will offer hardware, software, consulting, and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to carriers and content suppliers in its capacity as the emerging de facto [Latin, In fact.] In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate. connectivity hub for the Caribbean and longer term the underdeveloped world. Leveraging the strengths of the two companies, DUTV will establish its video transport technology, hardware and support services center in Jamaica and its software research and development facility in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. . The company will also benefit from the cost-effective software development and engineering resources within its Network operations center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. . Combined Technology Portfolio - The merger creates a combined technology portfolio that extends from the traditional point of one-service product offerings to using DUTV's New Last Mile Technology to converge critical infrastructures and services such as Television Broadcasting via the Internet directly to the TV and Cell Phones with WiMAX (4G), WiFi, 3G, Fiber, or Cable as the delivery systems to form one common network transport system. . .all through its Network Operating Center (NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, ) located at the company's World Operating Headquarters in Kingston, Jamaica. "We are very excited about this ingenious consolidation of businesses," said Garry McHenry, president of Digital Utilities Ventures. "By leveraging the strengths and diversities of the combined operations, we can offer our current and future customers an expanded network for technical support and integrated communications for a global market." Added Mark Reid, CEO of JNAP, "With our one-stop-shop capabilities, we offer telecommunication providers the possibility of covering all areas of products and services to all digital devices on their network with JNAP as a central network access point partner. In addition, with the flexibility of this Convergence Program, we can provide both end-to-end solutions and modular solution packages that allow step-by-step system integration. Finally, this merger will enhance our financial stability through efficiencies gained by consolidating our business operations and our strong government/B-to-B client roster, create significant product and market synergies, and expand our product and service offerings to our Caribbean and Global customer base." About Jamaica Network Access Point, LTD - JNAP is Jamaica's independent communications services company specializing in all aspects of network, communications and service support activities such as: 1. Cell Site Support Services from Green Field to Maintenance 2. Network Service Provisioning for Fiber, IP Voice and Data 3. Internet Services for Consumer Broadband & VoIP 4. Business Protection Facility & Data Center 5. Carrier Neutral Interconnect Services About Digital Utilities Ventures, Inc. (Pink Sheets: DUTV) - Digital Utilities Ventures is an intellectual property company and advanced technology incubator. The company was formed to manufacture and market its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services industries. Called The New Last Mile, it uses an Internet based platform to deliver its TV programming. This means that DUTV can deliver live programming of broadcast quality from anywhere in the world over the Internet directly: -- To TV sets without the aid of computers (IP ready) by simply piggybacking Gaining access to a restricted communications channel by using the session another user already established. Piggybacking can be defeated by logging out before leaving a workstation or terminal or by initiating a protected mode, such as via a screensaver, that requires re-authentication on existing broadband connections, and -- To cell phones worldwide via WIFI, Mobile Telephone Switching Telephone switching Moving one's assets from one mutual fund or variable annuity to another by telephone. telephone switching The movement of an investor's funds from one mutual fund to another mutual fund on the basis of an order given via Office (MTSO (Mobile Telephone Switching Office) An operations center that connects the landline PSTN system to the mobile phone system. It is also responsible for compiling call information for billing and handing off calls from one cell to another. ) 3G networks, and the emerging next generation 4G WiMAX All using under 1 megabit of the Internet as the backbone to the television set and 150 kilobits to the cell phone In effect, creating the first global "Virtual Cable Television Network," (Website: www.DUTV.US) For more information, visit http://www.dutv.us or call 561/424-1965. |
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