Xraymedia Inc fka XRYM

[bartermania]

XRAYMEDIA Prepares to Release the ''LOM v2.0'' With a New User Friendly Interface

XRAYMEDIA, Inc., (OTCBB:XRYM), an industry leader in real-time negotiating technology, is pleased to announce that the Company is in the final stages of development of the newest version of the Live Open Marketplace (LOM v2.0). Set to be released with enhanced user-friendly interface tools for its auction & live negotiating hybrid technology, the new interface is specifically designed to appeal to mass-market users from individual retail store fronts, home based businesses, importers and manufacturers to multi-national fortune companies, the compounded Internet power of the LOM v2.0 can be harnessed by all. Its live, private Internet negotiating power gives everyone the ability to instantly conduct multiple simultaneous negotiations with every user worldwide in complete privacy, one-on-one or one-to-many. To further disseminate information about the new interface, XRAYMEDIA is preparing information for TV coverage and other marketing outlets. These will highlight the user-friendly interface and the powerful live negotiating technology behind it. The LOM v2.0 new look, features and tools have been designed to appeal to an international market and will have utility across multiple vertical markets. It will include single and multiple user stations, and will be highly scaleable.

XRAYMEDIA LOM President & CEO, Mr. Hans Johannes Schulte comments, "We are very excited to launch the newest version of our LOM technology. I am certain users will find that the improvements substantially increase the versatility of the system. XRAYMEDIA's LOM is soon to take a massive leap into the consumer market, making it a necessary tool to every business or individual looking to buy and sell product on the Internet. With the great response we have received on the LOM, the newly developed interface combined with the hybrid mix of live auction and live negotiating technology will provide XRAYMEDIA with the infrastructure to scale across multiple vertical markets. With one eye towards the Center of Innovation Technology (CIT), and the type of utility such an application would require, we have worked hard on this new release."

XRAYMEDIA President & CEO, Raymond Dabney remarks, "We are extremely proud of this version of the LOM, it is designed as a great tool for Internet users worldwide, regardless of their computer savvy. XRAYMEDIA is focused on creating an interface that will serve users in the best means possible, and we are pleased to be launching this version of our marketplace to such a wide-scale audience. We anticipate a substantial increase in the number of system users, our new licensees coupled with our in-house marketing efforts is sure to catapult our technology to new heights of public awareness. We look forward to the production and release of our television infomercials and are grateful to the media groups who are allowing us to publicize our technology to such a large array of potential users."

Soon to be launched, the latest version of the LOM is set to take the success of XRAYMEDIA's technology to new heights, attracting an abundance of buyers and sellers from all over the world. In addition to the development of a comprehensive interface, XRAYMEDIA is moving rapidly towards the production of television infomercials and, with the help of two highly established media groups, will soon be advertising the LOM to over 100 million households. XRAYMEDIA foresees a strong response from both potential buyers and sellers using the LOM system. The innovative hybrid mix of auction and live negotiating technology offered through the LOM provides its users with an enjoyable and convenient way to buy and sell products over the Internet.

Mr. Schulte closes with, "I am very excited about integrating an expanded LOM v2.0 specialty version within the project of the Center of Innovation Technology, (CIT) moreover because in a second layer, the CIT will autonomically expand in, and contain more demographic economic areas within economic frame programs. These will in turn be utilized as an online facilitator helping to build partnerships to initiate technological developments. Information placed and used on CIT will be after research within the team, at the sole discretion of the CIT team. To clarify our relationship with CORDIS, mentioned in the September 8 and 29, 2005 news releases, we have a straightforward non-exclusive re-publication license; it is neither a partnership nor a collaborative project. XRAYMEDIA will own the CIT 100% and utilize the CORDIS re-publication license to funnel real-time negotiating opportunities for all companies listed in our system. This gives XRAYMEDIA a granted right within the CORDIS license conditions to re-publish information derived on-line or off-line from CORDIS and it will legibly carry the CORDIS acknowledgement of the source of the data Copyright (C) European Communities, 2005."

About CORDIS

The CORDIS services are carried on the CORDIS Host -- http://www.cordis.europa.eu.int/ access to CORDIS is available free-of-charge. CORDIS is an activity under the 6th Community research framework programme (FP 6) managed by the Office of Official Publications of the European Community.

About XRAYMEDIA's LOM Technology

Central to XRAYMEDIA is its unique live negotiating technology; under years of development this technology has been solely deployed in the media industry. Recently upgraded with the hybrid mix of live auction and live negotiating technology, XRAYMEDIA has now 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 or live auctions. XRAYMEDIA's technology is available to the global community, 24 hours a day, 7 days a week; permitting multiple negotiations or auctions simultaneously, online, via a secured, encrypted platform. XRAYMEDIA is proud to release one of the most powerful technologies for live Internet auctions and negotiations on the market 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.


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



Source: Business Wire (October 21, 2005 - 8:25 AM EDT)

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