DUTV Digital Utilities Ventures Inc (PK)

Goal Is To Give Network Providers A Compression/Sharing System That Dramatically Increases Bandwidth Availability MIAMI, Aug. 3 /PRNewswire-FirstCall/ -- Digital Utilities Ventures, Inc (Stock Symbol: DUTV), an innovator in over the IP video transport systems with its breakthrough New Last Mile Platform, announced today that it is in talks with a leader in P2P solutions to integrate its software with DUTV's unique compression system. The object is to synergize the delivery capabilities of both platforms to dramatically increase broadband availability as the answer to the challenge of explosive content growth. The New Last Mile 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 on existing broadband connections, and -- To cell phones worldwide via WIFI, Mobile Telephone Switching Office (MTSO) 3G networks, and the emerging next generation 4G WIMAX -- All with a unique patent-pending compression system that uses 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". In a P2PTV System, each user, while downloading a video stream, is simultaneously also uploading that stream to other users, thus contributing to the overall available bandwidth. Garry McHenry, Digital Utilities Ventures President said, "I can't think of a better solution for the major content and network providers. Our analysis shows that, when properly managed and combined with our Last Mile Compression System, this type of hybrid platform becomes a major add on to existing networks to maximize their current bandwidth." About Digital Utilities Ventures, Inc - Digital Utilities Ventures is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006. 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. The Company went public on March 26, 2009. Website: http://www.dutv.us/ For further information contact: Garry McHenry President Digital Utilities Ventures, Inc Phone: (561) 424-1965 E-mail: Safe Harbor Statement In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements. DATASOURCE: Digital Utilities Ventures, Inc. CONTACT: Garry McHenry, President, Digital Utilities Ventures, Inc, +1-561-424-1965, Web Site: http://www.dutv.us/

Copyright