Digital Utilities Ventures Partners With iCB Live to Establish "Vizzage" as the First Open Source Network
NEW YORK, Apr 19, 2012 (GlobeNewswire via COMTEX) --
Digital Utilities Ventures, Inc (Stock Symbol:DUTV), an innovator in Internet Protocol video transport systems, announced this week its planned launch of the First Open Source Media Network that will empower media viewers to create and broadcast their own programming for the Internet Protocol TV (IPTV) market.
Today the company is pleased to announce it will release details in the upcoming weeks of new broadcast network called Vizzage which will allow users to develop their own content and upload it to our IPTV platform. This will unleash the full power of individuals as the ultimate content creators, broadcasters and Smart TV producers. Now everyone will be able to produce programming with an unlimited range of subjects covering live broadcasts of concerts, Independent Films, Web series, Multiline news shows, showing all broadcasting for all walks of life.
iCB Live offers a broad range of sophisticated analytic tools, which record viewer habits and statistics for every channel. This feature makes monetizing content and brand building easy. For advertisers this means targeted commercials dedicated to people's interests in real time based on what they watch, buy, and read about.
"This platform will allow for live streams of video games, championships and Xgames style sports. Not to mention live theater, comedy, learning shows, music, painting, cooking and more. The sky is the limit here, ending the TV industry's virtual monopoly of content and energizing an untapped treasure trove of global talent," said Garry McHenry, CEO of DUTV. "Think of our new broadcast channel as the "World Studio" for the Internet. Anyone will now be able to upload and showcase their talents on the Vizzage Network and be seen globally on TV!
We have partnered with InCommand Broadcasting, LLC (iCB Live), which will enable us to establish our brand worldwide. This partnership will change the way broadcasting has been done traditionally for the last 80 years.
"We expect to showcase our brand logo and business plan and projections in the coming weeks via our corporate website and other investor and consumer mediums," concluded McHenry.
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
ABOUT inCommand Broadcasting (iCB Live)
InCommand Broadcasting, LLC, also known as iCB Live, is a Dallas, Texas-based Corporation providing an Internet Television network and/or Internet TV channels for anyone desiring to broadcast or distribute audio/video content over the internet. inCommand Broadcasting also specializes in customizing software solutions for those entities with a desire to offer a unique experience or applications for broadcasting and streaming.
inCommand Broadcasting provides a hosted "cloud based" platform that allows customers to easily broadcast (stream) audio/video programs Live over the Internet. Customers can also store content onto their channel(s) for On-Demand viewing. inCommand's platform provides a user friendly, fully customizable branded website (or page) for each of its customers to host their own Internet channel, store and manage their content libraries, and capture revenue from viewer subscriptions, or individual program viewings via pay-per-view or pre-paid ticketing technology. All broadcasting origination and viewer reception is accessible worldwide anywhere an Internet connection is available, and fully-functions on any computer device or smart phone.
For more information on inCommand Broadcasting, LLC see www.icblive.com or contact 972-851-7888.
For further information contact:
Digital Utilities Ventures, Inc
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.
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SOURCE: Digital Utilities Ventures
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