Insystcom, Inc. Selected by Asian American Hotel Owners Association (AAHOA) to Become a Bronze Founding Member Delivering WiFi and VOD Services
Business Wire "US Press Releases "
ALPHARETTA, Ga.--(BUSINESS WIRE)--
Insystcom, Inc. (Pink Sheets: ISYJ), a firm that provides interactive entertainment solutions to the Hotel and Resort industries, today announced that it has been selected by the Asian American Hotel Owners Association (AAHOA) to become a Bronze Founding Member. Insystcom, Inc. intends to expand its video-on-demand and WiFi services to the lodging industry, providing and installing the necessary hardware and shall further provide monitoring functions for such services.
AAHOA will promote Insystcom, Inc. as a Bronze Founding Member throughout the year allowing access to their members, emails campaigns, issue statements or media identifying Insystcom, Inc. as a Founding Member, promote its services that are available to AAHOA members, provide recognition during the 2007 Annual Convention, recognize Insystcom, Inc. in the AAHOA Lodging Business Magazine, provide seven regional booths and sponsorship and attendance to the AAHOA board of directors meeting.
"The honor of being selected by AAHOA to offer our VOD / WiFi services to their members is significant to our future," said Wil Riner, CEO of Insystcom, Inc. "Our newest design, Resort-Lynx(TM) EX has been developed for the "Boutique" (40-80) room market of AAHOA which is one of their largest. In addition, this model gives this group, comprising 37% of the US market, access to features enjoyed by larger properties," he said.
About AAHOA:
Representing more than 8,300 members, AAHOA is one of the leading forces in the hospitality industry and one of the most powerful Asian American advocacy groups. Together the members own more than 20,000 hotels, which have 1 million rooms representing over 50 percent of the economy lodging properties and nearly 37 percent of all hotel properties in the United States. Of the hotels owned by AAHOA members, approximately 11,700 are franchised while 6,300 are independent. The market value of the properties owned by AAHOA members is estimated to be $29.9 billion in franchised properties and $8.1 billion in independent properties. AAHOA supports its members through educational programs and advocacy in the legislature, media and hospitality. AAHOA's mission is to provide an active forum in which Asian American Hotel owners, through an exchange of ideas with a unified voice, can: communicate, interact, and maintain their proper position within the hospitality industry, and be a source of inspiration by promoting professionalism and excellence through education and community involvement.
About Insystcom, Inc.
Insystcom, Inc. provides interactive entertainment and communication solutions to the luxury resort, hotel and timeshare markets. ResortLynx(TM) delivers Video on Demand at MPEG2 and MPEG4 encoded rates, high speed internet access (HSIA) to the room/suite TV screen, WiFi to the guest Notebook and Mobile TV to cell phones, PDA's and Pocket PCs. The use of ADSL as transport for ResortLynx(TM) allows high video data rates combined with ease of installation since existing telephone cabling is used. The use of ResortLynx(TM) in thousands of suites & rooms prove the success of this unique technology combination. Please visit the company website at www.insystcom.com.
Safe Harbor Forward-Looking Statements
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: Insystcom, Inc.
Posts: 1580 | From: World | Registered: Jul 2006
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Not enough interest from peps - $2-$3K trading is nothing... Projections? Market has to absorb F/S extras. MMs could push it down on small trades anytime - I did try to move it on Monday (did buy at ask 4 times) - but hey, what I could do along? I did email CEO with questions - waiting for his answer. I'm still holding the entire position and will add if it drops more. Could take a while until it rebounds…
Posts: 1580 | From: World | Registered: Jul 2006
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what do you think is going on looks like it is over ? but they keep signing customers up ?
Posts: 13 | From: las vegas nv | Registered: Sep 2006
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big accumulation last week + today (1/2 of O/S). Should settled on these levels before the run...
Posts: 1580 | From: World | Registered: Jul 2006
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