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Ferrari, Lamborghini, Bentley and Picasso For Sale as Wi-Fi TV Launches First Internet TV Auction Station
NEWPORT BEACH, Calif. --(Business Wire)-- On May 15, Wi-Fi TV Inc.(Pink Sheets:WTVN) will open the first in a series of monthly Internet TV auctions by launching a new Wi-Fi TV Station at www.Wi-FiTV.com, jump to Station #50 (or select Wi-Fi Auction from the Featured station list).
Wi-FiAuction is the name of the first ever Internet TV station devoted exclusively to live auctions. In each auction, bids and indications of interest will be accepted for 30 days and then the auctions will come to a conclusion with a 90 minute live interactive televised webcast.
Over $2 Million of items (based on minimum bid prices) will be available in the first auction, which will open May 15 and close June 15. Wi-Fi Auctions combine the traditional online auction format used by popular sites like eBay with the live sights, sounds and interaction that only Internet TV can offer.
Today, Wi-Fi TV Inc. announced the following items will be available for auction and the minimum bid prices. Additional items will be added during the next four weeks. Items which do not reach the minimum bid price in the auction may be withdrawn or held over to the following month's auction. All items will be seen in videos to be posted on the Wi-FiAuction Station.
1069 Ford Fairlane convertible, a great collector classic, No minimum bid!
1964 Buick Riviera, in Planet Color metallic mid-Blue with 24 Karat Gold colored roof, original blue leather interior, DaVinci 20" wheels, original 425 cubic inch V-8. This series was recently named "one of the 25 most beautiful cars ever" by Automobile magazine, and Enzo Ferrari called it the most beautiful American car of all time. It was designed by Bill Mitchell and influenced by Ferrari and Jaguar. Minimum bid: $100,000.
1966 Lincoln Continental, suicide doors convertible, all original look with Blue paint, blue all new leather interior, leather door panels, leather dash, original steering wheel with new leather trim, new blue carpets and door paneling, new top retracts into trunk, new wide whitewall tires on original wheels and hubcaps, original 462 cubic inch V-8 engine, one of the hottest collector cars in the world today, a favorite of stars and athletes, 43 years old and looks showroom fresh, minimum bid: $100,000.
Ferrari and Lamborghini cars to be announced prior to close of auction.
Picasso Villarus exhibition lithograph, minimum bid to be announced.
ABOUT WI-FI TV:
Wi-Fi TV(TM) is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995.
Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster.
The Wi-Fi TV web site (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a free dialer and make phone calls and host live video parties all on one web site.
The Company was launched in 1995 and has been publicly traded since November 1997. Wi-Fi TV Inc. recently announced that it is adding additional technological features to its web site to position it to be a leader in Internet TV market share, and has introduced a simplified sign-up process. Wi-Fi TV has several exclusive TV stations including www.Wi-FiCars.com, www.Wi-FiGreen.com, www.WritersRights.com, www.WatchWi-FiTV.com.
For information on purchasing a Wi-Fi TV Station, send an email to info@wi-fitv.com or call 949-675-5011.
For press relations, contact Colby Marceau, 949-716-9397, info@wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Securities Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
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