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DirectView Announces Letter of Intent to Acquire Stratosphere Multimedia LLC.


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. -- DirectView, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DRVW), a full-service provider of high-quality, cost efficient videoconferencing technologies and services, today announced they have executed a Letter of Intent to acquire Stratosphere Multimedia LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
.

Stratosphere Multimedia LLC is a visual communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D.  specializing in interactive meeting and event staging for VideoConferencing, Internet Broadcasting, and Satellite communications. Stratosphere maintains a pool of mobile videoconferencing and internet broadcasting systems, along with a global network database of 3800 public videoconferencing suites and 1700 hotel partners for multi-city events. Stratosphere possesses an expertise that brings mobility to videoconferencing combined with live and archived internet broadcasting. Stratosphere has been a leader in the industry in launching VCnetcast, http://www.VCnetcast.com, the first turnkey internet broadcasting interface that is fully compatible with all videoconferencing systems regardless of manufacturer. Stratosphere expands the business applications for videoconferencing and internet broadcasting to provide new value to the technology and marketplace. The company is a reseller and integration specialist for videoconferencing manufacturers. Stratosphere operates and maintains 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.  level videoconferencing facilities in 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.
. There is an online tour of the facility at http://www.stratosphere-nyc.com/studio.

Lee A. Fehr is the Founder, President, & Chief Executive Officer of Stratosphere Multimedia L.L.C., founded in 1995 in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, New York. Mr. Fehr has had an extensive background in the videoconferencing industry. Prior to Stratosphere, Mr. Fehr held several positions in the field of video serving in leading roles at companies such as Capitol Records - Thorne EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC. , Arista Records, reporting directly to Clive Davis, and Swiss Bank Corporation
For banks in Switzerland, see Swiss bank


Swiss Bank Corporation (SBC) (German: Schweizerischer Bankverein (SBV), French: Société de Banque Suisse (SBS), Italian:Società di Banca Svizzera
. It is anticipated that Mr. Fehr will be joining the DirectView team operating the DirectView Stratosphere Division as President.

DirectView, its attorneys and accounts will be completing further due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  prior to the closing date.

About DirectView, Inc.

DirectView Inc. (http://www.DirectViewInc.com) is a full-service provider of high-quality, cost efficient videoconferencing technologies and services. DirectView provides multipoint videoconferencing, network integration services, custom room design, staffing, document conferencing and IP/Webconferencing services to businesses and organizations in the United States and around the world. DirectView conferencing services enable our clients to cost-effectively, instantaneously conduct remote meetings by linking participants in geographically dispersed locations.

This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the broadband market, broadband availability, the company's limited operating history, the limited financial resources, domestic or global economic conditions. There is further due diligence being performed on Stratosphere prior to closing. Activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results is included in the Company's filings, available via the United States Securities & Exchange Commission.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 18, 2005
Words:509
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