QuickTV's DVD International and Maxell Reach Co-Marketing Promotional Agreement.Business Editors MOUNTAIN LAKES, N.J.--(BUSINESS WIRE)--Jan. 9, 2003 QuickTV, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :QKTV) announced that its DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. International division (DVDI) has reached an agreement with Maxell for DVDI to offer rebates for Maxell DVD recordable discs with the purchase of DVD International's ultimate learning tool, "DVD 101: Sonic My DVD" title. Consumers have the opportunity to save, by mail, $5.00 off the purchase of Maxell DVD-R (DVD-Recordable) A write-once (read only) DVD disc for both movies and data endorsed by the DVD Forum. DVD-Rs are often called "DVD Dash Rs" or "DVD Minus Rs" to distinguish them from the competing "Plus R" format (see DVD+R). or DVD+R five packs; $6.00 off Maxell DVD-RW (DVD-Read Write) A rewritable (re-recordable) DVD disc for both movies and data from the DVD Forum. Also called "DVD Dash RW" and "DVD Minus RW," DVD-RW uses phase change recording. The media hold 4.7GB per side and can be rewritten 1,000 times. , DVD+R or DVD-RAM A rewritable DVD disc endorsed by the DVD Forum. Using phase change technology, DVD-RAMs are like removable hard disks, and the media can be rewritten 100,000 times compared to 1,000 times for DVD-RW and DVD+RW. The first DVD-RAM drives with a capacity of 2.6GB (single sided) or 5. five packs; and $10.00 off purchases of Maxell DVD-RW, DVD+R or DVD-R color 10 packs. Bulletin Board Update: QuickTV, Inc. has completed the basic financial and legal work necessary to file its Form 10-SB with the Securities and Exchange Commission. The form 10-SB application is being submitted in order to qualify for quotation on the National Securities Dealers' Association Over-the-Counter Bulletin Board, and to become a fully reporting company, as soon as possible. About QuickTV, Inc. QuickTV, Inc. (QKTV) is a DVD content, creation and distribution company, marketing a complete DVD catalog of exclusive DVDs. The company is based in New Jersey with offices in New York and production offices in Maryland. We are capitalizing on the diverse range of market opportunities created by the increasing popularity of Digital Video Discs (DVDs). We have also developed a unique acquisition plan that targets independent DVD industry companies and offers significant business advantages by becoming part of the QuickTV family. QuickTV is pursuing its plan vigorously, and intends to build a high profit, rapid growth vertically integrated company with an array of value-added services. An audio interview with David Goodman, 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. of QuickTV, is available at http://www.tradersnation.com/qktv.shtml. Links: http://www.quicktv.net http://www.dvdinternational.com http://www.dvd-4you.com Safe Harbor statement under 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: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors. |
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