RLTR - ReelTime Caught in Confusion
SEATTLE, WA, Oct 04, 2006 (MARKET WIRE via COMTEX) -- ReelTime Rentals, Inc. (PINKSHEETS: RLTR) today issued a clarification to news from Australia, stating that trading had been suspended in the shares of Reeltime Media Ltd, which is traded on the Australian Stock Exchange. ReelTime Rentals, Inc has no connection with ReelTime Media Ltd. of Australia. ReelTime Rentals, Inc is 100% in compliance with all laws, regulations, and the requirements of the exchange upon which its shares are traded. All of its filings have been complete and timely.
According to CEO Barry Henthorn, "There seems to have been some confusion between our two separate companies. We have been flooded with inquiries from stockholders who have confused the companies. ReelTime Rentals, Inc. has no affiliation with Reeltime Media Ltd."
About ReelTime Rentals, Inc.
ReelTime Rentals' mission is to deliver diverse programming over its online broadband network, enabling viewers to watch whatever they choose, anytime and anywhere they want to see it -- all they need is a broadband connection. ReelTime offers the only DVD quality "point, click, and watch" user experience available on the World Wide Web. For more information, go to www.reeltime.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that forward-looking statements involve risks and uncertainties. Although ReelTime Rentals, Inc. believes the assumptions underlying forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there is no assurance that forward-looking statements included herein will prove to be accurate, and inclusion herein should not be regarded as a representation by ReelTime Rentals, Inc. or other persons that objectives and plans of ReelTime Rentals will be achieved.
Investor Contact:
Michael Gersh
(206) 219-6889
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