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Author Topic: Revised Press Release on QBID posted 11:58pm
Pnut6216
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Here is the Revised Press Release
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Pnut6216
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May 03, 2004 23:58:00 (ET)

NEW ORLEANS, May 3, 2004 (BUSINESS WIRE) -- In BW6077 issued May 3, 2004: Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

Q TELEVISION NETWORK NAMES PROMOTION PARTNER; PR FIRM TO ASSIST IN LAUNCH AND DEVELOPMENT OF LEADING NETWORK FOR GAY TELEVISION PROGRAMMING

Q Television Network (Pink Sheets:QBID) has selected Deveney Communication as the network's strategic partner providing strategic analysis and planning as well as creating and implementing the network's efforts in media relations, community relations, Internet marketing, product launches and financial analyst outreach.

"Deveney Communication represents not only some of the best the communication industry has to offer, but they also have a track record of some of the most successful work internationally in responding to the needs of the gay, lesbian, bisexual and transgender community," said Frank Olsen, president and CEO of QBID. "We are excited about their ability to assist us in delivering a television network that bring the whole community together."

Notably, Deveney Communication earned the 1999 Jake Wittmer Award, the highest recognition given by the International Association of Business Communication Research Foundation, for its work with the NO/AIDS Task Force. The award recognizes outstanding research worldwide and the firm chosen for extensive research, strategy and results. It was first time a nonprofit effort had been award the distinction, and only the third time that a U.S.-based organization's work had been selected, preceded by the Boeing Company and the U.S. Department of the Navy.

Deveney Communication (www.deveney.com) is an internationally recognized public relations firm that uses integrated marketing to make their clients more successful. Recently honored as one of the Top Five Boutique PR Firms in the nation, according to the 2004 PRWeek Awards, the firm has been recognized worldwide within the industry for excellence in developing and implementing tactics using strategic planning, media relations, Internet marketing, community relations, event planning and crisis management.

This television network was organized to create and develop a network devoted to providing television programming for the gay and lesbian community. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public. The company's programming will be provided on a subscription basis to those desiring its programming. The network will broadcast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the network across the United States, including Alaska, Hawaii and Puerto Rico.

Safe Harbor Statement

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.

For more information on the Q Television Network (www.qtelevision.com), call the toll-free hotline: (888) 594-7766, or the corporate headquarters: (760) 323-4455.

SOURCE: Deveney Communication


Deveney Communication
Media:
John Deveney, ABC, APR, 504-949-3999
jdeveney@deveney.com
or
QTN
Frank Olsen, toll-free hotline: 888-594-7766
corporate headquarters: 760-323-4455

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cdrj
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These are usually bad news for whatever company puts them out. It takes a lot away rom overall investor confidence in most cases as if the company is careless in this, then some may question their business practices. It may take a very slight dip today. JMHO though
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