Digital Utilities Ventures (DUTV) Announces Vizzads Platform And Corporate Vision For $26 Billion IPTV Advertising Market
NEW YORK, Jan. 30, 2013 /PRNewswire via COMTEX/ --
Digital Utilities Ventures, Inc (OTCPINK: DUTV), an innovator in Internet Protocol video transport systems, is pleased to announce its Internet Protocol Television (IPTV) advertising platform and corporate vision for 2013 and beyond.
According to Gary McHenry, CEO of Digital Utilities (DUTV), "Our Vizzage broadcasting network is committed to connecting the world. This vision is built on the recognition that the video services and technology evolution have the potential to transform consumer experience by effectively revolutionizing IPTV into a media-aware network that manages scale and complexity by incorporating a high level of virtualization, and enables generation of new revenue streams by service velocity."
He continues, "The evolution toward all-IP-based content delivery will transform virtually all aspects of cable networks, from the development of hybrid set-top boxes to modular cable modem termination systems and video head ends. To some extent such a transformation has already begun with the interest in cable IPTV, so by 2015, it can be anticipated that most of the major cable service providers will be deploying some form of IP-based video delivery systems as part of their cable networks. Our Vizzage network will be far ahead, before the cable company's transition."
McHenry concludes, "Most importantly Vizzads (http://www.vizzads.com), our new IPTV ad platform, will present significant opportunities for delivering advertising that matches delivered content with its audience. In other words product ads will be targeted to specific users or potential users based on demographics and viewer data. In advertising, media buyers decide on the details of the ad campaign that define what audience to reach with the desired message, and choose the period of the campaign and frequency. Vizzads will allow us to secure a large portion of the projected 26 billion dollar IPTV advertising market over the next few years. This projection will be evident in our upcoming revenue forecasts for 2013."
About Digital Utilities Ventures, Inc - Digital Utilities Ventures is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006. The Company was formed to utilize its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services market. The Company went public on March 26, 2009. Website: www.DUTV.US
For further information contact:Garry McHenryChief Executive OfficerDigital Utilities Ventures, IncPhone: 877-254-4195
Safe Harbor Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.
SOURCE Digital Utilities Ventures, Inc
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