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QBID Effective immediately, Frank Olsen, CEO and President of Triangle Multi-Media Limited, Inc.
has proudly appointed Mr. Lloyd Fan as Interim president of Q
Television Network.
Lloyd Fan and his partners bring many years of achievement in corporate
finance, strategic growth initiatives, OEM manufacturing, international trade
and product direct-distribution. Through Best Prop Holding Group -- which
owns Pat Prod Productions and Patented Product Industries -- his successes
include renowned companies like Sharper Image, Brookstone, Restoration
Hardware, IKEA, Targets Stores, Wal-Mart, JC Penny, Coleman, LL Bean, QVC and
many more. Coming from a manufacturing and engineering background, Mr. Fan
has played a major role in commercializing some 200 patents worldwide. With a
proud and proven track record, Mr. Fan is highly respected in the financial,
manufacturing and service sector throughout Asia.
With a long-standing interest in finding an entertainment and distribution
platform partner with a strong brand and loyalty within the GLBT community,
Mr. Fan and his group considered QTN's success in connecting to this market.
QTN's growing distribution model and direct connection to its customer base
complements both entities' plans to expand the network's offerings to include
additional entertainment services and consumer products targeted to the GLBT
community in the U.S. and worldwide.
"This is truly an exciting development," said Mr. Fan. "My partners and I
understand the vision and the commitment Frank Olsen has made to the GLBT
community with the launch of QTN, and we are pleased to join forces with QTN
in ensuring its continued success".
Olsen, who remains Chairman and CEO of both Triangle Multi-Media Limited,
Inc. and Q Television Network stated, "Mr. Fan and his partners' commitment of
resources to QTN is a much needed investment in all phases of the network as
we work to proudly give voice to the gay community. Mr. Fan's appointment as
Interim President of QTN further solidifies the network's ability to enhance
its daily operations, programming, strategic growth and financial stability.
I am very proud of the accomplishments QTN has made throughout the years in
our struggle to bring a gay television network to market. Many people have
played significant roles and have taken many risks. With the infusion of
dynamic resources brought to QTN by Mr. Fan, the network's continued success
seems assured."
About Q Television Network:
This 24/7, premium television network is organized to create, develop and
feature television programming for the gay and lesbian community, including
live & interactive content every weeknight, plus sports, information and
entertainment. While the company expects much of its subscriber base to be
comprised of members of the gay and lesbian population, management also
believes that quality programming about the gay and lesbian experience,
designed to entertain, educate and inform, will attract many other segments of
the viewing public.
The company's programming is available on a subscription basis to those
desiring to subscribe. The monthly fee varies by region of the country. The
network is telecast 24 hours per day, 7 days per week and features a variety
of live and original programming. Q Television is available on such blue chip
cable systems as Time Warner, Cox communications and RCN, among others, with
availability approaching 3 million digital cable households in the U.S. Q
Television Network is the official network of Gay Games(R) VII. The network
is also ad-supported. For further information on programming and
subscriptions, please visit www.qtelevision.com.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press
release may be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such matters involve risks and
uncertainties that may cause actual results to differ materially, including
the following: changes in economic conditions; general competitive factors;
the television network's ability to execute its business model and strategic
plans; and the risks described from time to time in the company's Securities
and Exchange Commission filings.
Contacts:

QTN Media Relations
Kristien Brada-Thompson Jim Strzalkowski
Priority Public Relations Priority Public Relations
[phone] x224 [phone] x222
[e-mail] [e-mail]

QTN Investor Relations
Richard Brown
Equity Relations, Inc
[phone]
[e-mail]

SOURCE Q Television Network


Contact Information:
Media Relations, Kristien Brada-Thompson, ext. 224, [e-mail], or Jim Strzalkowski, ext. 222, [e-mail], both of Priority Public Relations, [phone], for Q Television Network; or Investor Relations, Richard Brown of Equity Relations, Inc, [phone], [e-mail], for Q Television Network

WebSite:
http://www.qtelevision.com