NEWS!!!
Infotec BSI Signs MOU With 'MMAWL' to Bring World of Martial Arts Fighting to Internet TV
With the rising popularity of the 'UFC' to the coveted 18-35 male demographic, Infotec (OTCBB:IFTC) made a paramount move towards securing content for another up-and-coming fighting brand. Last week, Infotec signed an MOU with Jungle Fight Championship and Mixed Martial Arts World League (MMAWL) to work on a project for 2006/2007. The two parties will work together to build a worldwide brand for MMAWL, leveraging the success and notoriety of JFC, which will hold 'Jungle Fight Championship VII' in Slovenia Dec 17, 2006. MMAWL is building the next global sports community and social networking service, set to launch in 2007. MMAWL plans to expand its service internationally, to meet the global demand and interest of the sport. Foreign language versions are planned for Spanish, Chinese (Mandarin and Cantonese), Arabic and Hindu. With representatives in Brazil, England, Spain, France, Russia, Japan, Korea, Hong Kong, Australia and Dubai, the MMAWL is working aggressively to be a truly global brand.
Infotec will use their internationally acclaimed broadband video network to connect a global audience and create awareness and interactivity to the MMAWL. Through advanced media streaming, (LIVE and on demand video) development of the leading web portal for the fan base and MMA community is just one of the areas of opportunity Infotec will be building upon. Currently the plan is to broadcast 4 events per year and to showcase live streaming from the MMAWL gym/training facilities, among other locales. With a several other big name brands currently in talks to work with Ishmail and Infotec, shareholders can look forward to some exciting future announcements.
"With millions of unique hits coming to wavelit.com daily, it's imperative we're always on the cusp of popular-content for our visitors. Internet TV is about capturing quality content and maintaining a diversified range of programs and brands to appeal to such an expansive audience. Working with a power-house business man and athlete like Wallid Ishmail is an exciting step forward for us," said Infotec CEO Arthur Griffiths from Vancouver, BC.
About JFC / MMAWL
JFC is one of the top MMA shows in the world. Fighters who have competed in the Jungle Fight Championship in the past have included world Brazilian jiu-jitsu champion Ronaldo "Jacare" Sousa, Jose "Pele" Landis-Johns (who beat UFC champion Matt Hughes), Jorge "Macaco" Patino, Vladimir Matyushenko, Leopoldo Montenegro, Fabricio Werdum, Renato "Babalu" Sobral, Travis Wiuff, Bobby Hoffman, wrestling legend Rico Chiaperelli, Japanese star Lioto Machida (who beat Rich Franklin and B.J. Penn), and UFC sensation Stephen Bonnar, among many others.
About Wavelit.com / Infotec Business Solutions, Inc.
Wavelit.com is leading the way through the internet-TV revolution. Wavelit.com was formerly Infotec Business Systems, Inc., (OTCBB:IFTC), Wavelit has planned to roll out its proprietary multi-channel, broadband full service television network under a fresh new brand, offering an unparalleled internet-TV experience to audiences from around the world. Wavelit/Infotec is in the final development stages of this advertising-driven content delivery engine that will offer a variety of on-demand television to viewers via set-top box. Infotec has fully tested its new point of presence location in the Quinby Building in Los Angeles, California - firmly establishing a foundation for the delivery of our services on a global scale. The site provides Infotec the ability to directly access all major Internet carriers and hundreds of Satellite TV stations, enables operations to be quickly scaled to meet future demands and dramatically reduces the cost of content delivery.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, and the unpredictable nature of business risks; as well as the ability to establish and grow brand awareness of IFTC and other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
