CONNECTED MEDIA TECH INC (U-CNCM) - News Release NBC Universal Television Stations License Connected Media's Digital News Content
2006-11-02 10:56 ET - News Release
MIAMI, Nov. 2 /PRNewswire-FirstCall/ -- Connected Media Technologies, Inc. , a provider of digital media marketing solutions, announced that one of its wholly-owned subsidiaries has entered into a two-year content license agreement with the NBC Universal Television Stations to have certain non-exclusive rights to several hundred original stories from the content library recently acquired by Connected Media. Originally produced for the broadcast television market, the short-form stories to be provided to the stations cover a wide range of topics and will be utilized by the stations across digital and emerging media platforms.
"We are very pleased to have the NBCU stations as a customer," said Izzy Gonzalez, President of Connected Media. "Being a reliable source of digital video content is an important part of our strategy to provide digital media and technology solutions. As a recognized leader in delivering quality entertainment, news and information through all channels of distribution, the NBC stations are an ideal partner for our professionally produced and topical stories."
The content library recently acquired by Connected Media through its wholly owned subsidiary includes a wide range of originally produced broadcast stories covering topics in categories including health and fitness, technology, money and finance, automotive and other consumer and lifestyle trends. Syndicated to independent and network owned and affiliated broadcast TV stations under the NewsProNet brand, the content currently reaches approximately 77% of U.S. television homes each month.
About Connected Media Technologies, Inc.
Connected Media is a digital solutions company offering sales, content and marketing solutions across a broad spectrum of current and emerging media platforms, including portable devices. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and to a number of additional patent applications pending with the USPTO. NMI, a Puerto Rico-based full-service marketing communications agency, is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as Royal Caribbean, Lucent Technologies, Avaya, RJR/Nabisco and Argent. Connected Media also produces and owns a content library of broadcast news stories, as well as the NewsProNet, SweepsFeed, HeadsUp!, KnowMore, and Impacto brands. Additional information about Connected Media is available on the Company's web site at www.connectedmedia.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.
Connected Media Technologies, Inc.
CONTACT: Jeffrey W. Sass, CEO, Connected Media Technologies, Inc., +1-786-425-0028, Fax: +1-786-425-0067, jsass*connectedmedia.com
Industry: Direct Marketing Add Security to your Watch List
11/01 OTC BB Currency: USD
Price 0.011 Change -0.004 % Change -26.667 Bid 0.011 Ask 0.012 Open 0.013 Volume 655,000 High 0.013 Low 0.011 52-Week High 0.10 (02/08/06) 52-Week Low 0.00 (06/19/06) 1-Yr Return N.A.%
EARNINGS
Earnings Past 12 Months N.A. Quarter Est. EPS() N.A. Quarter Est. EPS() N.A. Year Est. EPS() N.A. Price/Earnings (Trailing) N.A. Relative P/E N.A. Earnings Growth Rate N.A. Estimated P/E N.A.
FUNDAMENTALS
Shares (Millions) 606.815 Market Cap (Millions) 6.675 Float (Millions) 367.370 Return on Equity N.A. Short Interest N.A. Last Dividend Reported N.A. Dividend Yield (Trailing 12mo.) N.A. Relative Dividend Yield N.A.
Posted by Prdponce on :
.022 x .024
Posted by Homersbud on :
Moving fast!
Tried to get in at 014 but no fill.
Good luck to whoever is playing!
Posted by Prdponce on :
6 mil float
Posted by IMAKEMONEY on :
Connected Media Acquires Substantial Content Library
PR Newswire via COMTEX
Oct 11, 2006 4:36:00 PM
Digital Media Company Adds Assets of NewsProNet Interactive To Improve Its Growing Portfolio of Converged Media Solutions
MIAMI, Oct 11, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Connected Media Technologies, Inc. (OTC Bulletin Board: CNCM.OB), a provider of digital media marketing solutions, today announced that it has acquired certain assets of NewsProNet Interactive, LLC, a provider of converged media content solutions and interactive branding strategies for local television broadcasters. The assets acquired include several intellectual property assets, including NewsProNet's library of broadcast content. The company had previously disclosed that it had entered into a non-binding letter of intent to acquire these assets.
"We believe that these newly acquired assets will provide us with numerous cross-selling and business development opportunities," said Jeffrey W. Sass, Chief Executive Officer of Connected Media. "Though we do plan on continuing to service NewsProNet's existing customers -- who will experience no interruption in service -- we're clearly looking forward to redeploying the vast content library in several new and exciting ways, leveraging the growing popularity of delivering digital video content through the internet and portable media devices. These assets will become another key building block for us as we strive to become a leader in providing reliable, innovative, and cost-effective digital content, media and technology solutions to businesses, agencies and consumers."
The content library acquired by Connected Media includes a wide range of originally produced broadcast news stories covering topics in categories including health and fitness, technology, money and finance, automotive and other consumer and lifestyle trends. Syndicated to independent and network owned and affiliated broadcast TV stations, the NewsProNet content reaches approximately 77% of U.S. television homes each month. Connected Media also acquired all rights to the SweepsFeed, HeadsUp!, KnowMore, and Impacto brands and assets, in addition to the NewsProNet name and domain. In addition to expanding the development and utilization of these assets, the company plans on continuing to market the content to media companies who use content and programming strategies to help drive audience to their broadcast and Internet properties.
Connected Media acquired the assets via the purchase of certain secured debt from NewsProNet's senior secured lender. As part of its consideration, Connected Media issued 15,000,000 shares of its common stock to the senior secured lender in exchange for the debt. Thereafter, in lieu of immediate foreclosure upon the debt, Connected Media accepted certain NewsProNet assets and contracts as partial payment against the debt. Additionally, as part of the consideration for the acquisition of the debt, Connected Media agreed to provide the senior secured lender with an ongoing non-exclusive license to use certain NewsProNet content. Going forward, key members of NewsProNet's staff also agreed to assist Connected Media with both the servicing of existing customers, and the redevelopment and redeployment of the content library.
About Connected Media Technologies, Inc.
Connected Media is a digital solutions company offering sales, content and marketing solutions across a broad spectrum of current and emerging media platforms, including portable devices. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and to a number of additional patent applications pending with the USPTO. NMI, a Puerto Rico-based full- service marketing communications agency, is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as Royal Caribbean, Lucent Technologies, Avaya, RJR/Nabisco and Argent. Additional information about Connected Media is available on the Company's web site at www.connectedmedia.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward- looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.
SOURCE Connected Media Technologies, Inc.
Jeffrey W. Sass, CEO of Connected Media Technologies, Inc., +1-786-425-0028, or Fax: +1-786-425-0067, jsass*connectedmedia.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved
Posted by Prdponce on :
.0255 x .028
LOL
Posted by Homersbud on :
damn!
029x03
Posted by Prdponce on :
.03 x034
Posted by sunny on :
dipping now.
Posted by IMAKEMONEY on :
SURE IS GREAT NEWS, GAP RETRACE?
Posted by R.A. on :
Prdpomce, you're in?
Posted by sunny on :
news is good...
watching now
Posted by IMAKEMONEY on :
GOING UP FAST!!
Posted by R.A. on :
Yep! It will hit the 0.04 today IMO.
Posted by Pennydude1 on :
Looking good
Posted by Prdponce on :
yep riding free now, sold 1/2
Posted by sunny on :
looks likely at this moment, anyway!
Posted by R.A. on :
Nice for you...
GL to the one who are in... it's a nice play for the day. NBC, you can't go wrong.
Posted by Pennydude1 on :
Nice base forming above .03
Posted by IMAKEMONEY on :
FIZZALING OUT. Posted by R.A. on :
L2 is nice though.
Posted by Pennydude1 on :
hold on...don't think it's done yet. If it can hold above .022 it should move again after lunch imho.
Posted by R.A. on :
Yeah... cause it's still up 127.2%, it's holding.
Posted by Pennydude1 on :
raising it back up .027 x .03
Posted by R.A. on :
This one will do good this afternoon...
Posted by IMAKEMONEY on :
STACKING BACK UP ON THE LL2s Posted by Pennydude1 on :
going to be on a lot of radars
Posted by invester on :
Picked up 50k at .028.
Posted by invester on :
This one looks like an easy .10
Posted by Fuzzy1018 on :
this should retrace to .02 before it runs again imo
Posted by invester on :
quote:Originally posted by Fuzzy1018: this should retrace to .02 before it runs again imo
It could, I like it for a longer term play. Could be very profitable.
Posted by IMAKEMONEY on :
YES IT COULD! Posted by IMAKEMONEY on :
THE WAY THE LL2s ARE STACKED THIS ONE COULD GO UP VERY FAST,JMO, LOW FLOAT, GREAT NEWS, NOTHING BUT TIME.JMO
Posted by Pennydude1 on :
Here come the buys again.
Posted by Pennydude1 on :
I don't think 10 cents is too far of a stretch on this
Posted by invester on :
NITE is buying all the shares.
Posted by Pennydude1 on :
NITE knows what is about to happen. He is getting all the shares he can now while they're still cheap.
Posted by Fuzzy1018 on :
what's about to happen?
Posted by Fuzzy1018 on :
i think this one will pop after lunch
Posted by IMAKEMONEY on :
NEVER KNOW!!!
Posted by IMAKEMONEY on :
WELL LOOKS LIKE A POS NOW.LOL
Posted by IMAKEMONEY on :
FRONT LOADING???? HMM
Posted by Fuzzy1018 on :
it will run, lunch is about over
Posted by Fuzzy1018 on :
volume comin' in now
Posted by Fuzzy1018 on :
.024 by .025
Posted by Fuzzy1018 on :
.026/ .0265 now
Posted by Fuzzy1018 on :
any1 still in this?
Posted by invester on :
Yep. NITE and UBSS both on the buy. This should go higher. Longer term, this is a major breakthrough for this company.
Posted by Fuzzy1018 on :
.027 now, this could really breakout towards eod
Posted by IMAKEMONEY on :
trying for .018
Posted by invester on :
NITE raised his ASK
Posted by IMAKEMONEY on :
OH THIS MAY RUN LIKE A BIG DOG SOON,JMO
Posted by Fuzzy1018 on :
we need more volume, it does move fast wehn it does.
Posted by IMAKEMONEY on :
Posted by IMAKEMONEY on :
WOW A/H 2500000 AT .0247
Posted by Incite on :
NBC Universal Television Stations License Connected Media's Digital News Content Thursday November 2, 10:56 am ET Leading Media and Entertainment Company Signs Two Year Deal To License Broadcast Stories
MIAMI, Nov. 2 /PRNewswire-FirstCall/ -- Connected Media http://www.connectedmedia.com/ Technologies, http://www.connected-media.net/ (OTC Bulletin Board: CNCM.OB - News), a provider of digital media marketing solutions, announced that one of its wholly-owned subsidiaries has entered into a two-year content license agreement with the NBC Universal Television Stations http://www.nbcuni.com/ to have certain non-exclusive rights to several hundred original stories from the content library recently acquired by Connected Media. Originally produced for the broadcast television market, the short-form stories to be provided to the stations cover a wide range of topics and will be utilized by the stations across digital and emerging media platforms.
"We are very pleased to have the NBCU stations as a customer," said Izzy Gonzalez, President of Connected Media. "Being a reliable source of digital video content is an important part of our strategy to provide digital media and technology solutions. As a recognized leader in delivering quality entertainment, news and information through all channels of distribution, the NBC stations are an ideal partner for our professionally produced and topical stories."
The content library recently acquired by Connected Media through its wholly owned subsidiary includes a wide range of originally produced broadcast stories covering topics in categories including health and fitness, technology, money and finance, automotive and other consumer and lifestyle trends. Syndicated to independent and network owned and affiliated broadcast TV stations under the NewsProNet brand, the content currently reaches approximately 77% of U.S. television homes each month.
About Connected Media Technologies, Inc.
Connected Media is a digital solutions company offering sales, content and marketing solutions across a broad spectrum of current and emerging media platforms, including portable devices. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and to a number of additional patent applications pending with the USPTO. NMI, a Puerto Rico-based full-service marketing communications agency, (more about NMI http://www.forbes.com/feeds/businesswire/2006/09/06/businesswire20060906005796r1 .html ) is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as Royal Caribbean, Lucent Technologies, Avaya, RJR/Nabisco and Argent. Connected Media also produces and owns a content library of broadcast news stories, as well as the NewsProNet, SweepsFeed, HeadsUp!, KnowMore, and Impacto brands. http://www.newspronet.com/ Additional information about Connected Media is available on the Company's web site at http://www.connectedmedia.com/.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.
-------------------------------------------------------------------------------- Source: Connected Media Technologies, Inc.
2.5 million went at .0245 yesterday after the bell. Doesn't that usually mean they are hiding orders and trying to hold this back?
Posted by Pennydude1 on :
bid/ask moving up!
Posted by Pennydude1 on :
the float on this is only 6 million and the entire float was traded yesterday. We should have a new base established and this can move quickly. I'm not trying to pump, but I really think this can be a great chance for us to make some green.
Posted by Pennydude1 on :
.025 premarket
Posted by IMAKEMONEY on :
Nov 3, 2006 8:48:15 AM
Weston, FLA., Nov 03, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Wall Street News Alert's "stocks to watch" this morning are: Packaged Home Solutions Incorporated (OTC: PKGH), Connected Media Technologies, Inc. (OTCBB: CNCM), Microvision, Inc. (NASDAQ: MVIS), Comfort Systems USA, Inc. (NYSE: FIX) and Motive, Inc. (OTC: MOTV). Connected Media Technologies, Inc. (OTCBB: CNCM) up 81.8% on 10.4 million shares traded.
Connected Media Technologies, Inc. a provider of digital media marketing solutions, recently announced that it has acquired certain assets of NewsProNet Interactive, LLC, a provider of converged media content solutions and interactive branding strategies for local television broadcasters. The assets acquired include several intellectual property assets, including NewsProNet's library of broadcast content. The company had previously disclosed that it had entered into a non-binding letter of intent to acquire these assets.
Posted by Fuzzy1018 on :
gapping up nicely, mm's did take it down yest. on small sells- this can move up fast
Posted by Pennydude1 on :
When the volume comes in this will blow. I think they are holding some orders back. I am trying to get filled above the ask and can't get filled.
Posted by Pennydude1 on :
If this touches .02 it is time to load the boat. I'm not going to wait that long though. It looks like right now they are only giving partials.
Posted by lukin4winners on :
CNCM looking better today mm's took most out so it's time to climb back up .016x.017 from .012 nice volume.
Posted by Fuzzy1018 on :
this can easily fly if we get a little more buying pressure
Posted by IMAKEMONEY on :
CBS Affiliate WTVF-TV Nashville Renews 'SWEEPSFEED' News Stories Service From Connected Media
Nov 9, 2006 14:14:00 (ET)
MIAMI, Nov 09, 2006 /PRNewswire-FirstCall via COMTEX/ -- Connected Media Technologies, Inc. (CNCM, Trade ), a digital media, marketing and content provider, announced today that WTVF-TV in Nashville, Tennessee has renewed its market exclusive subscription to the "SWEEPSFEED" news service for two years. Part of the content library recently acquired by Connected Media, SweepsFeed(TM) is a premium news service that delivers eight in-depth special reports every month. Produced and distributed by Connected Media under the NewsProNet brand, the "SWEEPSFEED" stories are designed to be easily localized by the broadcasting station, delivering a cost effective, local, high impact, promotable story.
According to Izzy Gonzalez, President of Connected Media, "WTVF-TV is a recognized news leader in the Nashville Market and they have been a SWEEPSFEED customer since 1998. We are very pleased that they will continue to receive our stories for another two years."
About WTVF-TV, Nashville
WTVF-TV is the CBS Affiliate in the Nashville market and is known as the NewsChannel5 Network with VHF Channel 5, UHF Channel 56 and spin-off local cable channel NewsChannel5+. WTVF-TV is owned by Landmark Communications, Inc., a privately held media company with interests in newspapers, classified publications, television broadcasting, cable programming and online publishing, as well as emerging interests in interactive marketing and broadband services. Based in Norfolk, Virginia, Landmark's businesses employ more than 5,000 people.
About Connected Media Technologies, Inc.
Connected Media is a digital media, marketing and content provider offering sales, content and marketing solutions across a broad spectrum of current and emerging media platforms, including portable devices. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and to a number of additional patent applications pending with the USPTO. NMI, a Puerto Rico-based full-service marketing communications agency, is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as NCL Cruises, Tourism of Madrid, Argent, Miami Herald Media Company, Skyauction.com and Wells Fargo. Connected Media also produces and owns a content library of broadcast news stories, as well as the NewsProNet, SweepsFeed, HeadsUp!, KnowMore, and Impacto brands. Additional information about Connected Media is available on the Company's web site at www.connectedmedia.com .
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward- looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.
SOURCE Connected Media Technologies, Inc.
Jeffrey W. Sass, CEO, Connected Media Technologies, Inc., +1-786-425-0028, Fax: +1-786-425-0067, jsass*connectedmedia.com
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