Merger with TORQ Communications positioning DUTV to the forefront of IPTV and Telephony Markets
NEW YORK, Jan. 24, 2013 /PRNewswire/ -- Digital Utilities Ventures, Inc (Pinksheets: DUTV), an innovator in Internet Protocol video transport systems, is pleased to announce upcoming discussions with a U.S. based VoIP carrier as a result of the recent merger with TORQ Communications. Garry McHenry, CEO of Digital Utilities stated, "TORQ has network and interconnections with major network providers worldwide in Africa, South America, and Europe that will allow DUTV to stream its Vizzage Brand Network over these TORQ Voice over IP (VoIP) lines at very cost effective rates. These competitive rates and broad reach are the cornerstone and competitive edge for us to build a very lucrative Digital Branded content and advertising model that will propel us forward in the rapidly expanding IPTV and Telephony markets."
Vizzage is creating a format that represents a key expression of the future in IPTV. According to McHenry, the company will focus on merging both new and existing technologies to bring forth innovation in the marketplace that will provide IPTV centered products that will enable a whole new kind of programming to reach audiences everywhere. The end result is Vizzage, which will demonstrate the powerful ability to be moved by innovative, dynamic programming that challenges the imagination and reinforces the idea that life is an amazing experience.
"With new partnerships and growing technology in telecommunications on the horizon, we are looking forward to profitability and expansion in the coming year. We know our investors have been watching closely as we move ahead and we are looking forward to bringing more positive news in the coming weeks and months," said McHenry. "As a matter of fact this recent TORQ merger has already delivered us a scheduled meeting with a U.S. based VoIP carrier in early February," he concludes.
Further details of the TORQ merger including revenue projections, potential partnerships with U.S. based VoIP carriers, and the assignment of a new TORQ management team, will be forthcoming as well.
About Digital Utilities Ventures, Inc - Digital Utilities Ventures is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006. The Company was formed to utilize its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services market. The Company went public on March 26, 2009. Website: www.DUTV.US
For further information contact: Garry McHenry President Digital Utilities Ventures, Inc Phone: 877-254-4195 E-mail: gmchenry@gmail.com
SOURCE Digital Utilities Ventures, Inc
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