NEWS:
Q Television Network Updates from the NTCA; President and CEO Frank Olsen Interviewed on CNN Headline News
Business Wire - April 13, 2005 13:56
PALM SPRINGS, Calif., Apr 13, 2005 (BUSINESS WIRE) -- Q Television Network (Pink Sheets: QBID) announced today that the company had many great successes at the NTCA (National Telecommunications Cooperative Association) last week. President and CEO of the Network, Frank Olsen, was exclusively interviewed on CNN Headline News April 4th at the conference, where Mr. Olsen discussed many of the successes the network has had since it launched in October 2004.
"I was very pleased with the outcome of the NTCA," said Frank Olsen. "We met with many executives from cable carriages that we had been hoping to speak with. We were also very pleased that Carol Hinnant accepted our offer to become Vice President of Affiliate Sales and Marketing while at the conference. Our booth was received very well by both the cable executives and the media who attended the show."
"We were thrilled to discuss being a premium channel for a new large telephony company that is going to enter into the cable arena later this year," Olsen continued. "We are still in discussions with them, and can't discuss the name of the company at this time."
About Q Television Network: 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 available 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. Q Television Network is the Network for the Gay Games VII. For further information on programming and subscriptions, please visit www.qtelevision.com.
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.
SOURCE: Q Television Network
Media Contact:
CWR & Partners, LLP
Ronnie Welch, 508-222-4802
Ronnie@cwrpartners.com
or
Investor Contact:
Equity Relations, Inc.
Richard Brown, 978-767-0048
Staff@EquityRelations.com
Copyright Business Wire 2005
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