Vision Works Media Group, Inc. Explores South America Satellite Distribution Deal.ORLANDO Orlando, city, United States Orlando (ôrlăn`dō), city (1990 pop. 164,693), seat of Orange co., central Fla., in a lake region; inc. 1875. In a citrus fruit and farm area, it is one of the world's most visited vacation spots. , Fla. -- Vision Works Media Group, Inc. (Pink Sheets:VWKM) and 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. New Screen Television, Inc. have announced the company is exploring expanding its distribution network via satellite to South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , the company will research potential carrier companies and determine the best potential outlet for its programming. The company has already negotiated a satellite distribution deal for its programming everywhere in the 48 continental states, plus in large parts of Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of and Mexico via satellite distribution. Now the company would like to reach further into The South American market and will pursue this market aggressively, as the revenue potential is that of the 48 continental states deal or more. "The pursuit of this objective is in line with the company's overall strategy of delivering our programming to as many households as possible worldwide. Once that is accomplished revenue will be reflected via many sources i.e. advertising, subscriber fees, and video on demand," said Mark E. Astrom, New Screen TV's President. "Now we can focus for the remainder of 2006 on growing our subscriber base and increasing revenues." New Screen Television, Inc. started as an Orlando, Florida-based broadcasting company Noun 1. broadcasting company - a company that manages tv or radio stations company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" that transmits its television service, New Screen TV, to viewers over-the-air via WRCF-TV Channel 29 Orlando. New Screen TV is on the air and available 24 hours a day, 365 days a year. This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" , and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or occurring after the date of this press release. |
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