News 
Market Data 
Discover
05/11/23 7:15 PM
NMTV Signs Contract to Acquire UK Digital Marketing Agency
Press Release Source: RTG Ventures, Inc. On Thursday March 18, 2010, 11:52 am
NEW YORK, NY--(Marketwire - 03/18/10) - RTGV (OTC.BB:RTGV - News): NMTV has announced that on March 29th it will sign a contract to complete the acquisition of Digital Clarity (http://www.digital-clarity.com/), a leading digital marketing company. Digital Clarity brings essential digital marketing skills to NMTV including search engine, social media and email marketing. In addition to providing services to other NMTV companies, Digital Clarity will continue growing its consultancy business with external clients.
Digital Clarity has an impressive resume with many household names on its roster of happy customers. Current contracts with companies like Mercedes Benz, SMART and Bonusprint bear testimony to the quality of the agency's work and the agency's Managing Director, Reggie James, is forecasting aggressive growth to revenues of around $1m this year.
James commented: "At Digital Clarity, we've never chased revenue for its own sake, focusing instead on the quality of service we're delivering. We're far from the biggest company in our sector, but I genuinely believe that our work is among the best and now that we're becoming part of a larger company, we'll be able to grow quickly without worrying about sacrificing service standards.
"This is an area of business that's growing at a huge rate as brands attempt to come to terms with the new marketing paradigm that Facebook and others have introduced. We have specific expertise in helping companies build lasting relationships online with their public and right now; this is the holy grail of digital marketing. Our reputation is spreading and we're increasingly working with big name advertising agencies who need our expertise for their client accounts. We expect agencies to be a good sales channel for us over the next 24 to 36 months."
As NMTV moves towards closing its share exchange agreement on March 31st, more details are being released about the company business model. Dominic Hawes-Fairley, NMTV's President-designate has been active in attracting UK acquisitions over the past six months and closed the deal with Digital Clarity.
Hawes-Fairley added: "In the brief announcement we made on signing the LOI with Digital Clarity, I commented that digital marketing sits right at the heart of our model. That's no exaggeration and I am truly delighted that we've been able to close this deal with Digital in a timely manner. It seems like it's taken an age for us to rework the NMTV business model, but things are now starting to happen very quickly.
"After the close, we will be operating three divisions within NMTV: Media Systems, Payment Systems and Software & Services. Within each division, corporations like Digital Clarity will continue to operate autonomously executing their existing business plans, but with the extended reach and clout that comes from being part of a public company. We'll also be creating one or two new corporations to bring our media and payment systems technologies to market. On the media side, we'll be operating services for consumers as well as for other businesses and this is where Digital Clarity becomes so invaluable to us, not just for their marketing ability, but from the deep, deep understanding they have of online consumers and the ways they behave when buying.
"The first market we're going to address in the media division is music. Of course, the online music business is already established, but we see clear opportunities there and the market is expanding rapidly. In 2008, Europeans spent nearly $620m on online music and by 2014 Forrester Research predicts this will rise to over $4bn. Fast growth opportunities in the online music business remain and of particular interest to NMTV is live music. We've identified a unique opportunity and a set of technologies that mean we can do things that others have tried and failed to do.
"Having the best solution isn't enough if users don't know where to find it. Digital Clarity sits at the centre of the NMTV business because without a robust strategy to attract users, our products and services will not deliver. We think the market's going to see really special things from this company over the next 24 months and both Reggie and I are looking forward to driving the business forwards."
With NMTV, Digital Clarity will immediately be able to offer its services in New York and Los Angeles as well as London.
About NMTV: RTGV, through NMTV, is an online media and electronic payment systems provider with an aggressive business model to grow unique and highly profitable consumer and business services both by organic growth of current assets and by acquisition. NMTV is targeting niche markets in the areas of Web-TV with embedded internet and mobile payment solutions. World-leading exclusive multicasting technology underpins NMTV's broadcast platforms making them very scalable for Video On Demand (VOD), linear broadcasting and live broadcasts. Two media platforms are being developed, while payment systems divisions will provide cutting-edge credit, debit, and e-cash payment services to e-commerce and mobile commerce merchants offering significant savings over current payment methods. Through Web-Pay and iPayu, embedding its payment solutions seamlessly into its online media broadcasting platforms will create a clear differentiation and advantage for our Company over other broadcast platforms, allowing its customer to monetize digital assets with no further integration of financial systems. Furthermore, through its retail sales channel, BMC, NMTV will be able to brand and productize its media offerings for sale through traditional retail outlets. NMTV's strategy for each initiative is to maximize ROI for all stakeholders. For RTGV's available Due Diligence, visit our website at: http://www.rtgventures.com/
Safe Harbor Provisions: The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
Contact:
Investor Relations Contact:RTG Ventures, Inc.917 488 6473
