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Santeon Announces Release of New ubroadcast.com Live Streaming PlatformRESTON, Va., Dec. 20, 2012 /PRNewswire via COMTEX/ -- Santeon Group, Inc. (OTC.BB: SANT - News) announced today that it successfully launched on December 19, 2012 a new and significantly enhanced version of ubroadcast.com (www.ubroadcast.com) - a real-time, live streaming video platform. The re-launch of the ubroadcast.com service is based on a new platform with significantly enhanced channels, functionality and targeted, customizable content. The new ubroadcast.com platform features various monthly subscription tiers depending on customer requirements and options, revenue sharing for subscription events as well as paid advertisements in specific instances. Other features of the new platform are real-time, live streaming, pay-per-view ("PPV") events, the ability to create play-lists, video-on-demand ("VoD"), public and private secure channels, and desktop sharing capabilities for corporate and business applications. "With the rapid and steady increase of video-based content on the web, we identified a market opportunity in a segment that is not just looking for a site in which to upload video content, but who is also looking to "own" a permanent on-line channel in which they can host their VoD content as well as stream live content from seamlessly without the need for expensive equipment and infrastructure," commented Dr. Ash Rofail, Chairman and CEO of Santeon Group, Inc., on the re-launch of ubroadcast.com. "Our business model will appeal to the general public as well as special-interest groups to whom we plan on marketing this service with specific features that we believe are unique and not offered by any other on-line video platform provider," continued Dr. Rofail. "During 2013, Santeon plans to enhance and extend the service with mobile and Roku streaming capabilities in addition to exploring other revenue-generating partner marketing opportunities. We are very excited about the potential of the new and improved ubroadcast.com," concluded Dr. Rofail. About Santeon Group, Inc.Santeon Group, Inc. is a technology company headquartered in Northern Virginia with offices in Reston, VA, Tampa, FL, Cairo, Egypt and Pune, India. Santeon offers products and services in Agile training and transformation, healthcare and media. Santeon's goal is to serve emerging markets by providing technically superior products and solutions while reducing the cost of ownership and deployment of these solutions through a strong channel partner and distribution model. For more information please visit our web site at http://www.santeon.com. Safe Harbor Statement:The preceding press release may include statements that include, among others, forward-looking statements about our beliefs, plans, objectives, goals, expectations, estimates and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. The words "may", "could", "should", "would", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target", "goal" and similar expressions are intended to identify forward-looking statements. All forward-looking statements, by their nature, are subject to risks and uncertainties. Our actual future results may differ materially from those set forth in the forward-looking statements. Our ability to achieve our financial objectives or improve the company's stock price could be adversely affected by many factors, including, without limitation, the following factors: The strength of the United States economy, changes in the securities markets legislative or regulatory changes, the loss of key personnel, technological changes, changes in customer habits, our ability to manage these and other risks, and our ability to deliver products and services on time. However, other factors besides those listed above could adversely affect our results, and you should not consider any such list of factors to be a complete set of all potential risks or uncertainties. These forward-looking statements are not guarantees of future performance, but reflect the present expectations of future events by our management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Any forward-looking statements made by us speak only as of the date they are made. For additional information about Santeon's business and financial results, refer to Santeon's Annual Report on Form 10-K that may be found at sec.gov or on http://santeon.com/Sec_Filings.html. Santeon undertakes no obligation to update any forward-looking statements that may be made from time to time by the company, except as may be required by applicable law, whether as a result of new information, future events or otherwise. Mark GuirgisSanteon Group, Inc.703-970-9200, ext. 112 [email protected] SOURCE Santeon Group, Inc. |