Encounter Development Technologies Inc. (ENTI)

[harvard_88]

Nabbbss: Regarding DUTV/ENTI you said...
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Wednesday, June 15, 2011 9:41:09 AM

Post # of 137711
NEWS!!$$ HUGE NEWS NOW!!!$$$ COMPRESSION TECHNOLOGY NEWS!!....

Encounter Technologies (ENTI) Announces Strategic Alliance With
Digital Utilities Ventures (DUTV)

Date: 06/15/2011 @ 9:30AM
Source: PR Newswire
Stock: Encounter Techs (PC) (ENTI)

Encounter Technologies, Inc. (ENTI:PK), specializing in social media,
video technology, and on-line streaming solutions, announced today
corporate discussions with Digital Utilities Ventures (DUTV:PK).

As a result of these discussions, Garry McHenry, CEO of
Digital Utilities Ventures, will appoint Anthony DiBiase, CEO of
Encounter Technologies, to their Board of Directors.

As part of the proposed plan, Encounter Technologies will
facilitate bringing DUTV's compression technologies to market
in addition to utilizing the technology for its Internet Yellow
Pages Platform (IYP) and FilmRookie Websites. As compensation,
Encounter Technologies will hold a major investment position in Digital Utilities.

"I am excited about the potential for this partnership,"
commented DiBiase. "Encounter will help bring the already
completed Compression Technology to market in addition to
having a competitive advantage being first to utilize it for
our current platforms.

"Keep in mind; this technology is in the perfect position
for the evolution of IPTV (Internet Protocol Television).
Since ENTI will have major "skin" in the success of these
technologies, it's a Win-Win for everyone involved, especially
the Shareholders of both companies."

In the coming weeks, Encounter and DUTV will release a link to showcase
this cutting-edge Video Compression Technology.

"When Investors see the innovation of this technology,
they will not believe their eyes," adds McHenry. "We use
an Internet-based platform to deliver TV programming and
advertising.

"We like to refer to it as "The New Last Mile," and it's light years ahead of
anything available at the moment. We are confident this
opportunity with Encounter will drive new market share and revenues."