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NuTech
Digital, Inc., (OTCBB: NTDL) |
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Dear Reader,
Today's featured company has acted quickly to capitalize on the
Digital Technology wave that has been taking shape for the past
few years. It is now well positioned to take advantage of
the current explosion in digital and DVD technology. This
is a fast growing, PROFITABLE company that is just now beginning
to be noticed by investors. Click
Here to view our 12/12/03 Full Profile on NTDL.
Take a few moments to check out today's exciting
NEWS from NuTech Digital!!!
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Breaking
News Today from NuTech Digital, Inc., (OTCBB: NTDL) |
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Press Release
Source: NuTech Digital, Inc.
Friday, January 23, 4:00 p.m. ET
NuTech Digital Launches Digital Rights Management
Technology
Revolutionary Technology Provides DVD, On Demand,
High Quality Content via Internet Utilizing Microsoft's Windows
Media 9 Platform
LOS ANGELES--(BUSINESS WIRE)--Jan. 23, 2004-- NuTech Digital, Inc.
(OTCBB:NTDL - News), an emerging growth originator, licensee
and distributor of DVD home entertainment content, announced today
the launch of its Digital Rights Management (DRM) technology for film
and music delivery. The revolutionary technology provides a full spectrum
of entertainment content in High Definition- and DVD-quality video
and audio over the Internet with secure copyright protection. With
this next-generation technology, NuTech has the ability to securely
publish media on peer-to-peer networks such as Napster, Kazaa, newsgroups
and chat rooms.
Currently, once consumers have downloaded the title from the Internet,
they are redirected back to NuTech's web site, where they register
and choose among different options, such as a 1-, 3- or 5-day rental
or a purchase of the title. Once consumers register on www.nutechdvd.com,
they can purchase new titles or renew the rental period without having
to re-register. The Company's DRM technology prevents copying of the
title.
The Company anticipates that, later this year, it will have the
ability to deliver protected titles on DVD.
"It is news to no one that the entertainment industry is in major
transformation as it seeks viable technology to deliver high resolution
content on a secured basis over the Internet," stated Lee Kasper,
NuTech's chairman, president and chief executive officer. "NuTech's
technology will allow consumers to access NuTech's website where
they can choose multiple purchasing options for movie or music delivery."
"We believe that our Digital Rights Management technology provides
the ideal way to implement secure downloads, rent from a pre-delivered
DVD, utilize Internet subscription models, and much more," stated
Joe Giarmo, NuTech's vice president. "We believe that this technology
will also substantially reduce pirating by implementing secure content
activation. Content is electronically packaged and issued an encrypted
license."
Mr. Kasper noted further, "In addition to providing content on
the web, there is the inherent need to search for unlicensed pirated
versions. We believe this is the practice engaged in by all major
studios releasing movie and music content into cyberspace. Our software
searches the Internet for illegally pirated and distributed movies
and music. Once the product is identified, it can be tracked to
the location of the violator. We believe that this feature will
help deter the estimated $3.5 billion in content piracy, which has
plagued the movie and music industries. When publishers feel that
their content is secure, we believe that they will adopt this distribution
method as a way of releasing their material."
Mr. Kasper concluded, "All our releases will be offered in both
DVD and DRM formats. We anticipate an equal amount of sales and
rentals as this technology becomes assimilated in the market. DVD
retail sales grew to $11.6 billion in calendar 2003, an increase
of 33% over last year. Consumers also spent $4.5 billion renting
DVDs, up 55% from 2002. With instant access to our movies and music
available on a 24-hour basis, this will add a completely new distribution
method with little or no additional cost."
NuTech Digital has developed multiple business models for this
application, both for licensed and shared licensed material. Full
product management, including current total licenses issued for
a given title or the complete library can be viewed in real time
securely from any location.
Nutech Digital is converting its current library and, through its
existing relationships in the movie and music industries, is actively
seeking content for Internet rights for use with its technology.
The Company also intends to pursue relationships with film and music
rental companies to create a consumer account base.
Cautionary Statement
This press release contains forward-looking statements
that involve risks, uncertainties and assumptions that if they never
materialize or prove incorrect, could cause NuTech Digital, Inc.'s
results to differ materially from those expressed or implied by
such forward-looking statements. All statements other than statements
of historical fact are statements that could be deemed forward-looking
statements, including any projections of earnings, revenue, or other
financial items, any statements of the plans, strategies, and objectives
of management for future operations, any statements concerning proposed
new products, services or developments, any statements regarding
future economic conditions or performance, statements of belief
and any statements of assumptions underlying any of the foregoing.
These statements are based on expectations as of the date of this
press release. Actual results may differ materially from those projected
because of a number of risks and uncertainties, including those
detailed from time to time in NuTech Digital, Inc.'s reports filed
with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
NuTech Digital, Inc.
Joe Giarmo, 818-994-3831, ext. 18
joe@nutechdvd.com
or
Investor Relations:
Trilogy Capital Partners, Inc.
Racquel Rivera, 800-330-6540
racquel@trilogy-capital.com
To view the news release at Yahoo Finance, click
here
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About
NuTech Digital Inc. |
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NuTech is committed to capitalizing on the worldwide DVD
revolution as an originator, licensee and distributor of a broad
range of DVD content. NuTech engages in licensing and distributing
DVD (Digital Video Disc) entertainment programs for children through
adults in the home entertainment market.
With over 450 exclusive DVD titles in domestic release,
NuTech has a stable distribution network and is currently profitable.
This foundation has
allowed NuTech to deploy revolutionary marketing technologies, digital
distribution channels and highly profitable affiliate programs.
These programs will
permit the Company to increase revenues and product line, maintain
or enhance profit margins, and further identify attractive opportunities.
Lee Kasper, the companys founder and president, formed NuTech
in 1997 with the vision that DVD would become the chosen method
to view home entertainment. His entrepreneurial spirit and
experience, coupled with this vision, has enabled NuTechs tremendous
growth and success over the past five years. Before launching NuTech,
Mr. Kasper was the key negotiator of licensing contracts with over
one hundred studios including Disney, Orion, New Line, HBO,
MCA, Twentieth Century Fox, and Playboy; developing sales relationships
with major retailers such as Circuit City, Tower Records, Ingram,
Wherehouse and Musicland.
NuTech is now extending its model into larger markets of the
estimated $11.6 billion industry. By leveraging NuTech's
current market position, leading-edge technology and low cost, high
quality products, management expects an exponential increase in
revenue over the next two-year period.
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NuTech
Investment Highlights |
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Capitalize on the explosive
DVD market
Profitable company with
repeatable business model
Creative, focused management
team with industry leading experience
Strategic relationships
that lower cost, add competitive advantage
Revolutionary marketing
with DRM technology
Sophisticated digital
content delivery augments proven distribution network
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Industry
Drivers
Consumer spending on DVDs grew 71% in 2002
Other licensees struggling to meet distribution challenges
Hentai market expected to grow to $70 million by 2006
Concert footage offers highest potential return on investment |
Current
Target Markets
Children's animation
Urban video, including extreme sports
Concert/interactive music
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Future
Markets
Libraries of existing concerts that have not yet been released
on DVD
Finance smaller, upcoming artists' performances in exchange
for distribution rights
Purchase distribution rights to established, top-selling artists'
performances |
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NuTech
Selected Financial Highlights |
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52wk High-Low Range: $0.12 - $1.50
Avg Volume (3 months): 21,512
Recent Share Price (01.22.04): $0.69
January 5, 2003- stock opened at $1.50 per share |
Fully Diluted Shares Outstanding: 12,716,875
Float: 4,000,000 (est.)
Market Cap: $8,774,643
Transfer Agent: Registrar And Transfer Company |
Excerpt from Fiscal Third Quarter Results Summary (period
ending September 30, 2003):
The Company generated $956,981 in sales for the quarter which resulted
in Earnings Per Share of $0.02 and $3,009,391 for the nine-month
period ending September 30, 2003 which resulted in Earnings Per
Share of $0.05. This compares to sales of $902,070 for the comparable
quarter in the previous year and $3,156,282 for the nine-month period
ending September 30, 2002 with a loss per share of $0.08. The Company's
Earnings Per Share of $0.02 for the quarter ending September 30,
2003 compares favorably to the previous quarter ending June 30,
2003, which reflected Earnings Per Share of $0.01.
To view the SEC filings for NuTech, Click
Here
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For More Information on NuTech, Contact: |
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Corporate: Carmen Costillo
818.994.3831 ext.10, investors@nutechdvd.com
7900 Gloria Avenue, Van Nuys, California 91406
Investor Relations: Racquel Rivera
Trilogy Capital Partners, Inc., 800.330.6540, racquel@trilogy-capital.com
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completeness or correctness. Past performance is no guarantee
of future results. This report is a paid advertisement and is for
information purposes only and should not be used as the basis for
any investment decision. MP has been compensated
21,322 free-trading shares of NTDL by NuTech Digital, Inc. for preparation
and distribution of this report and other advertising services.
MP may sell these shares at any time and intends to do so in the
immediate future. This constitutes a conflict of interest
as to MPs ability to remain objective in its communication regarding
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contained herein contains forward-looking statements and is subject
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