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DnC Multimedia Announces Distribution Agreement and $445,000 Purchase Order Monday March 31, 9:25 am ET
PALO ALTO, CA--(MARKET WIRE)--Mar 31, 2008 -- DnC Multimedia, Inc. (OTC BB:DCNM.OB - News) today announced that it has entered into a distribution agreement with Trywin Co., Ltd for the distribution of its portable digital broadcast "1-seg" device in Japan. DnC Multimedia, Inc. ("DnC") is a maker of a broad range of digital media technology products, and owns and operates the Pluginz Network, an eCommerce marketplace for sophisticated multimedia technology. ADVERTISEMENT
"We are very excited to partner with Trywin for the distribution of our 1-seg portable television in Japan," stated Hans Park, CTO and President of Asian operations for DnC Multimedia. "Trywin is a well established distributor of consumer electronics products in Japan, and we couldn't ask for a better partner in the Japanese market. Our first purchase order from Trywin is for 5,000 units of the 1-seg device at a unit price of $89, and our Distribution Agreement calls for a minimum volume target of 30,000 units within 2008," Mr. Park concluded.
DnC Multimedia, Inc. is a designer and marketer of a broad range of digital media technology products, and owns and operates an array of high-end encoding technologies and the Pluginz Network, an eCommerce marketplace for sophisticated multimedia technology. DnC's portable media players are among the highest rated in the consumer market, and are sold through leading retail chain stores in the US and Europe. The Company is now headquartered in Palo Alto, California and maintains engineering and R&D facilities in Seoul, South Korea. Additional information about DnC Multimedia is available at www.dncmultimedia.com
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Risk factors are listed in the most recent Annual Report on Form 10-KSB filed with the Securities and Exchange Commission. Such forward-looking statements involve risks, uncertainties, which may cause the actual results, performance, or achievement expressed or implied to differ.
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hmm look for earnings to be reported next week here maybe. this could be a nice start to a big run. check out 2006 figures below on DNC, now this is also PLUGINZ.com which is a huge community and has its own ties with ADOBE and NVIDIA!
Company Name : DnC Tech., Inc. CEO & President : Hans Park Foundation : January 8, 1998 Address: - Main office : 8FL., Gusan B/D, 70-10, Nonhyeon-dong, Gangnam-Gu, Seoul, 135-010, Korea - U.S.A. office: 228 Hamilton Avenue 3rd Floor Palo Alto, CA 94301
Paid-in Capital : Korean Won 4,553,435,000 Revenue : Korean Won 6,566,953,038 in 2006 Approx USD--> $7,214,054Posts: 2794 | From: nyc | Registered: Aug 2005
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you're tellin me! i wish i knew too...maybe we'll have another chance before this moves big
Posts: 2794 | From: nyc | Registered: Aug 2005
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posted
weak day considering the volume. looks to me like someone was selling shares here didn't want it going over .10, MM SEAL. im def going to watch this one though!
Posts: 2794 | From: nyc | Registered: Aug 2005
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im waiting on financials, expected soon... from estimates ive seen using previous years this should rock then.
Posts: 2794 | From: nyc | Registered: Aug 2005
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ew LOL---> .055x.06 im still sidelined, i sas going to buy if it got here but just doesn't look like its trading good to me... someone is selling so until thats done it won't move. this shoulda been at .20 the other day imo. Ameritrade put a buy restriction on it as well... hmmm
Posts: 2794 | From: nyc | Registered: Aug 2005
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