Digital Utilities Ventures to Launch the First Open Source TV Network
17 Abril 2012 - 7:13AM
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 its planned launch of the First Open Source TV Network that
will empower TV viewers to create and broadcast their own
programming via an exclusive broadcast channel for the Internet
Protocol TV (IPTV) market.
"The Internet is the world's dominant global communications
platform and is transforming how we connect. Our mobile phones have
now evolved from devices used just for making calls into
"Smart-Phones" - basically hand held computers with Internet
accessibility. The same technology is converting the common TV
into high definition, large screen "Smart TVs" with web access to
online interactive media such as Internet TV, Media Streaming,
Social Networking and Web Browsing."
"We are harnessing this Communication Tsunami to create the
first broadcast channel for the Internet TV Revolution. Once
launched, our website will allow users to develop their own content
and upload it to our broadcast channel. This will unleash the full
power of the Internet as the ultimate content creator and
broadcaster. Individuals will be able to produce programming with
an unlimited range of subjects covering travel, sports, science,
drama, comedy, politics etc. ending the TV Industry's virtual
monopoly of content and energizing an untapped treasure trove of
global talent," said Garry McHenry, CEO of DUTV.
"As a result", continued McHenry, "advertisers can deliver
custom ads based on user data. Our platform and Smart TV technology
is at the center of what advertising is about—an in-depth audience
understanding that allows companies to connect to consumers where
they are and enhance a brand relationship. With this interactivity
as the crux of the new system, the way we watch and interact with
TV will fundamentally change." "Whether it's on a desktop, a mobile
phone or on television, DUTV will be there, streaming HD quality
video." "It's one stop shopping for both advertisers and
consumers."
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 utilize its innovative,
Internet to TV and Cell Phone Communications System for the
domestic and international Quad-Play/Convergence services market.
The Company went public on March 26, 2009. Website: www.DUTV.US
For further information contact: Garry McHenry
President Digital Utilities Ventures, Inc Phone: (561) 424-1965
E-mail: gmchenry@gmail.com
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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.
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