Reeltime Rentals Inc (RLTR)

[pmunch]

http://quote.barchart.com/texsnap.asp?sym=RLTR

http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:RLTR&Feed=MW&Date=20060517&...

May 17, 2006 07:30 AM ET
ReelTime TV Announces Third Quarter Launch of Online Entertainment Service

All Market Wire NewsReelTime Rentals, Inc. (OTC: RLTR) today announced the forthcoming launch of its much anticipated and fully functional website. ReelTime TV represents a new era in home entertainment, and will give users the ability to stream a diverse selection of full-length movies and television programming to any screen, personal computer or television set. With the Company's "Click and Watch" screening, there is no wait time necessary and the picture will be true DVD quality. The site will offer many titles for free, as well as the choice of a monthly subscription for access to all programming, or a pay-per-view fee per title. Consumers can expect the launch of the site during the third quarter 2006.

"I am proud to announce that ReelTime TV will soon be open to all broadband users. Over the next several weeks our engineers are putting the final polishes on the site as we undergo the last of our internal testing," said ReelTime Rentals CEO, Barry Henthorn.


"The initial launch will focus on the US market and feature hundreds of titles, with many of those available to view for free. We are in the process of encoding thousands more hours of programming and will continue to load the site with new exciting media. As we get underway, we will be testing and tracking all aspects of our merchant services and customer support so that we can quickly expand to offer our service globally. Our launch comes at time when digital distribution begins to lead the market as the ultimate in home entertainment, and every studio, network and producer now recognizes the need to make their programming available for the inevitable explosion of broadband delivery. ReelTime will offer a variety of titles at a great value, with state-of-the-art technology that will scale and take us well into the future," commented Beverly Zaslow, ReelTime's Vice President of Acquisitions and Business Development.

"We thank all our supporters throughout the process of our beta testing, whose feedback has been instrumental. Without them, ReelTime would surely be nowhere near as advanced, exciting, or revolutionary in bringing the reality of home-based entertainment to broadband users worldwide," continued Zaslow.