MGWE---Magicweb, Inc. Entering Thailand Market With "EnterVision"(TM) Broadcasting Deal
Jul 12, 2007 5:04:00 PM
BANGKOK, THAILAND -- (MARKETWIRE) -- 07/12/07 -- Magicweb, Inc. (PINKSHEETS: MGWE), developer of the "EnterVision"(TM) Broadcasting System, announced today that it had begun negotiations with local broadcasters in Thailand to broadcast their network programming around the world. The EnterVision(TM) Broadcasting System utilizes a proprietary, real-time broadcasting system for television transmission delivery via IPTV (Internet Protocol Television Transmission).
Utilizing the proprietary "EnterVision"(TM) Broadcasting System from Magicweb, any content provider would be able to offer its content to all cable companies in the world via inexpensive Internet distribution. The technology will also be able to offer "direct to consumer" pay-per-view broadcasting as well as offering real-time broadcasting 24/7 through Internet connections to home televisions.
The Magicweb technology enables content providers to become part of the new "satellite-less" broadcasting era made possible by the "EnterVision"(TM) Broadcasting System.
More About Magicweb, Inc.:
Magicweb, Inc. is the developer of the "EnterVision"(TM) Broadcasting System, a proprietary, real-time broadcasting system for television transmission delivery via IPTV (Internet protocol television transmission). The technology is similar to VoIP (Voice over Internet Protocol), which provides the ability to make telephone calls over the Internet using conventional telephones. Unlike VoIP, however, there are no FCC regulations for the transmission of television or radio signals utilizing the IPTV format. And, unlike existing "streaming video" technology that utilizes packet-switched data transmissions and requires users to have dedicated programs to "play" video files, the EnterVision(TM) technology allows television broadcast quality 30.3 frames-per-second video to be transmitted on a real-time basis utilizing discrete JPEG files. Additional information on the company can be found at www.magicweb.com
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Media Contacts:
Magicweb, Inc.
Email: IR@magicwebtv.com
www.magicweb.com
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