Xraymedia Inc fka XRYM

[bartermania]

XRAYMEDIA Announces Initial Television Test Marketing to Cover over 100 Million Households for the LOM System www.negotiationstation.com and www.livenegotiator.com
WEDNESDAY, AUGUST 31, 2005 11:15 AM
- BusinessWire


NEW YORK & VANCOUVER, British Columbia, Aug 31, 2005 (BUSINESS WIRE) -- XRAYMEDIA, Inc., (XRYM) , an industry leader in real-time negotiating technology, announces initial test marketing plan for the Live Open Marketplace (LOM) to commence with television infomercials covering over 100 million households. XRAYMEDIA's Live Open Marketplace has recently garnered the interest of two highly established media groups who have shown great enthusiasm towards providing television infomercial time for the Live Open Marketplace (LOM) technology.

The Television infomercials will be based on integrating auction functionality into the innovative live negotiating technology of the LOM System, both parties see it as a successful and profitable venture for all parties involved. XRAYMEDIA foresees no difficulty in garnering a strong response from both potential buyers and sellers for the LOM system. The auction and live negotiating technology offered through the LOM are superior to fixed-price sales, giving the seller opportunity to inspire competition and drive up sales significantly. In addition, the LOM provides buyers with a friendly and convenient way to gain access to a broad array of products.

President & CEO, Raymond Dabney comments, "We are very excited to begin marketing our Live Open Marketplace technology to the public, and are fortunate to have such influential industry players supporting our advertising endeavors. The hybrid mix of live negotiating and auction technology offered through the Live Open Marketplace provides XRAYMEDIA with a unique product that has never before been accessible to the public. We are very confident that the strength of our technology will be well received by our clients as well as industries worldwide."

XRAYMEDIA is currently developing two storyboards for the LOM technology and will be pinpointing placement dates shortly. The first of these two storyboards is an infomercial outlining the LOM licensing opportunity through a website similar to www.livenegotiator.com that allows the general public to purchase a personal branded online storefront to facilitate their online transactions and provide their customer base with the immediate care required. The second storyboard will advertise Negotiation Station www.negotiationstation.com a login point to XRAYMEDIA's Live Open Marketplace, where users can buy and sell a wide array of products online.

About XRAYMEDIA's Live Negotiating Technology

Central to XRAYMEDIA is its unique live negotiating technology; soon to be integrated with auction functionality. Available to the global community, 24 hours a day, 7 days a week, XRAYMEDIA has released this proprietary technology to virtually every industry worldwide, with video and image components allowing users to thoroughly evaluate merchandise, and other such offerings, before initiating live negotiations. Permitting multiple negotiations and auctions simultaneously, online, via a secured, encrypted platform, XRAYMEDIA is proud to have developed one of the most powerful technologies for Live Internet Marketplaces today.

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.

SOURCE: XRAYMEDIA, Inc.

XRAYMEDIA, Inc.
Raymond C. Dabney, 888-777-0658
[e-mail]


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