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XRAYMEDIA Signs LOI For $250,000,000.00 In Cash Revenues and for the Purchase of a Media Distribution Firm Capable of Reaching Millions of People for Any Product or Service Monday August 2, 3:26 pm ET
NEW YORK & VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 2, 2004--XRAYMEDIA, Inc., (OTCBB:XRYM - News), the media industry's leader in real-time negotiating technology, is proud to announce that it has recently signed a Letter of Intent outlining plans underway to complete two breakthrough deals.
ADVERTISEMENT In the first agreement XRAYMEDIA has agreed to a new revenue sharing agreement, designed to generate cash revenues for XRAYMEDIA in excess of $250 million. Being a well known industry leader, the Company's newest revenue sharing partner has a solid reputation for providing outstanding cash purchase opportunities for media available in virtually every genre, including: Broadcast Television, Radio, Print, Online and Out-of-Home. With $100's of million's in media sales revenues under their belt, XRAYMEDIA's
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