| [July 27, 2004] |
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Broadband Internet Television -BIT- Provider American IDC to Offer 24/7 World Soccer Channel
HOLLYWOOD, Calif. --(Business Wire)-- July 27, 2004 --
-- ISME will use American IDC's platform and technology to offer a broadband internet television channel to soccer fans worldwide.
American IDC Corporation (OTCPK: ACNI) has signed a joint venture agreement with International Sports and Media Group, Inc. (OTCBB:ISME) to offer a Broadband Internet Television (BIT) Channel specifically aimed at the world's largest sport: Soccer. Approximately 3 billion people in almost 200 countries view soccer matches annually. ISME will offer games via live streaming, video download, or tape delay and will offer many games and clips from their world class soccer library. Too, there will be the creation of an online soccer fan community (team chat rooms etc.) with multiple revenue sharing opportunities to market everything from game highlights to various soccer memorabilia and their unique team sportswear products.
American IDC Corporation recently unveiled their prime mission to stream TV channels over the internet, for the birth of Broadband Internet Television (BIT.) This particular joint venture with International Sports and Media Group, will help to build revenue for the sports division worldwide by meeting with the existing marketing network of top professional soccer teams, management, promoters, and sponsors alike where we will gain insight into the world's most popular sport.
With the creation of this joint venture, American IDC's BIT portal will now enter the sports arena along with their growing lineup of special interest "BIT" channels. ISME will supply its library of knowledge, high profile soccer contacts and sports marketing tools while American IDC will supply the state of the art technology, including all hardware, online presence, and the ability to up or download virtually all available programs and product orders and trip arrangements.
At the Video Software Dealers Association 2004 Home Entertainment Convention in Las Vegas, NV, Bill Gates was quoted as saying "...in place of DVD players, will be a convergence of home computers and televisions that provide what we want to see, when we want to see it." This is BIT.
As CEO of American IDC Corporation, Mr. Gordon Lee states, "In the first place, ETVHollywood's architecture is based on MPEG2 standards, which were co-developed in my office at Future Media Technologies in Los Angeles in 1993, and algorithms which are native to every broadcast and cable station in the U.S., so we can easily accept a 19.5 megabit stream sent over our fiber backbone.
From there we step down the signal to a variable bit rate that can send 500 to 600 kilobits per second to broadband subscribers, transcoding MPEG to broadband streaming in real time. This is the highest quality broadband streaming you'll see anywhere today!" (www.ETVHollywood.tv)
Lee continues, "Remember, it was only 5 years ago that we began hearing about internet telephony (VOIP): just as good as our typical phone service only a lot cheaper. Today it's broadband internet TV, (BIT) just as good, same great service, many more channels (possibly 1000's), and a lot cheaper."
Yan Skwara, President and CEO of International Sports and Media Group, Inc. said, "We are extremely pleased to be working directly with the provider. We think the direction of American IDC's BIT platform is well ahead of the curve and its add-on services such as VOD, Video downloading and ad insertion, to name a few. ISME will be able to take advantage of the ongoing revenue of subscription fees in addition to a split on advertising and marketing dollars worldwide."
About American IDC Corp:
American Interactive Digital Channels Corporation (www.AmericanIDC.com) develops online interactive communities, such as dating sites and portals, for its own businesses, as well as custom software that creates flexible database driven e-commerce and web site solutions that are built and managed using popular web browsers. For example, www.MyCoffeeDate.com is a matchmaking site owned by American IDC that will reopen soon in a joint effort with over one million members and www.hotrazor.com is a downloading music site it is preparing for launch. ETVHollywood.tv illustrates the future of television: Broadband Internet TV (BIT.)
ETVHOLLYWOOD Inc., headquartered in Hollywood, California offers a complete end-to-end solution for broadband streaming over the Internet, combined with exclusive, proven digital streaming technology and revenue producing content that includes Hollywood classic movies, television programs and cartoons. Computer users can now download and view movies, full screen on their computers, using a standard broadband connection without any additional hardware.
About International Sports and Media Group, Inc.:
International Sports and Media Group (OTCBB:ISME) is a marketing communications firm focused on assisting companies increase their brand awareness using its expertise in the sports and media sector with services including, marketing, corporate communications, public relations, hospitality and sponsorship. For more information on the Company, please visit www.ismg.info.
Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
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