XRAYMEDIA Sells the First European LOM License to Its Entrepreneurial Associate.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 & VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- XRAYMEDIA, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : XRYM), an industry leader in real-time negotiating technology, is proud to announce the first European Live Open Marketplace (LOM (1) (LAN On Motherboard) Refers to building the Ethernet circuits directly on the motherboard rather than requiring that a separate network adapter be plugged in. (2) (Lights Out Management) See lights out server room. ) site to be licensed to former Proprietor of Expert Baas BV, Harry Baas. For an initial $25,000 licensing fee, XRAYMEDIA will deliver to Mr. Baas a completely private labeled LOM site, in English, German and Dutch languages. XRAYMEDIA is aligning itself with Internet Marketplace See vertical portal and Web hub. giants like eBay Inc (Nasdaq: EBAY) who is buying hybrid technology to enhance their offerings such as Internet phone-calling sensation Skype for up to $4.1 billion. With Microsoft (Nasdaq: MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Yahoo! (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ) and Google (Nasdaq: GOOG GOOG Google, Inc. (stock symbol) ) all having discussions with Skype before eBay moved in shows the strength of hybrid technology offerings. The LOM licensed website will be a fully functioning LOM marketplace allowing Mr. Baas to enhance his duties as an XRAYMEDIA representative in Europe demonstrating the power of live negotiating technology with his own fully integrated website. Mr. Harry Baas comments, "We are pleased to be a part of efforts to bring XRAYMEDIA's live negotiating technology to the forefront in Europe. Available to the global community, 24 hours a day, 7 days a week, the LOM is sure to benefit many European industries as an efficient and cost-effective way to expedite business, and increase their bottom-lines. It is getting very exciting to be a part of the world of Internet Mergers and acquisitions, the marketing possibilities for our LOM technology is astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, we are seeing a serious growth spurt growth spurt Pediatrics A period of rapid growth in middle adolescence; ♀ ↑ ±8 cm/yr ±age 12; ♂ ↑ ±10 cm/yr ± age 14; GS is orderly, affecting acral parts–ie, hands and feet grow before proximal regions, in Europe. My associates and I are very excited to have the Company provide us with their LOM technology and continue to work with XRAYMEDIA to further expand the XRAYMEDIA European division." Recently retired from the Expert Baas BV organization, Mr. Baas keeps ties with his past in consumer electronics and will be facilitating all European electronic related activities for the LOM, in addition to bringing licensee prospects to the Company. Although retired from the Expert organization, Mr. Baas continues to contribute to the company's success, as the Expert chain now enjoys gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. in excess of 16 billion Euros with an extensive variety of consumer electronics and furniture. With the collective fortitude of thousands of national and international outlets, Expert has taken its place as the strongest and most integrated voluntary chain in its industry today. European LOM President & 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. , Hans Johannes Schulte concludes, "We are pleased to have sold our first European LOM license to Mr. Harry Baas, one of my close business associates. The wealth of experience and expertise that he consistently offers his clients and business associates is sure to have positive effects on the success of the LOM and XRAYMEDIA. Utilizing the resources available through Mr. Baas and his associates, we are building a strong primary team to lead the expansion of our technology into the European marketplace. At this point we building a model around our close business associates so we can fine tune our presentations, thus far we have approximately 10-15 licenses in negotiations and we expect many more once we complete building our flagship websites to demonstrate our advanced technology. We see XRAYMEDIA is getting stronger by the day; we have a nice flow of licensing orders and interest is rising rapidly, so consequently it is building a powerful financial foundation." About XRAYMEDIA's Live Negotiating Technology Central to XRAYMEDIA is its unique live negotiating technology; soon to be integrated with live auction functionality. Available to the global community, 24 hours a day, 7 days a week, XRAYMEDIA has released this proprietary technology to virtually every industry worldwide, with video and image components allowing users to thoroughly evaluate merchandise, and other such offerings, before initiating live negotiations. Permitting multiple negotiations and auctions simultaneously, online, via a secured, encrypted platform, XRAYMEDIA is proud to have developed one of the most powerful technologies for Live Internet Marketplaces today. You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov. |
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