Global Triad, Inc. Announces 13-Week Contract With Comcast Spotlight Cable Network
Global Triad, Inc. Announces 13-Week Contract With Comcast Spotlight Cable Network
Global TV, Inc. to Air Its Vehicle Network Pilot in 4 Local Markets With a Viewing Demographic of 500,000 Households in the South Florida Area
FORT LAUDERDALE, Fla., March 8 /PRNewswire-FirstCall/ -- Global Triad, Inc. (OTC Pink Sheets: GTRD), announced today that Global TV, Inc., a wholly owned subsidiary of Global Triad, has entered into a 13-week contract with Comcast Spotlight to air its recently announced "Vehicle Network" television commercial pilot.
The pilot will be launched in 4 local South Florida markets that include Pompano Beach, Deerfield Beach, Ft. Lauderdale, Margate, Parkland, and Coconut Creek, with potential viewing demographics in excess of 500,000 households. The 30-minute auto sales promotion program specializes in highlighting cars, trucks, recreation vehicles, motorcycles and boats. The show is expected to premiere on or before April 12, 2005 and continue from Monday through Sunday from 6 to 6:30 PM each week for 13 consecutive weeks. Based on the overwhelming acceptance from potential advertisers, Global TV expects the show to rapidly expand into other local markets across the nation.
Mr. Anthony Mellone, President of Global TV, Inc., stated, "Global TV is excited about this opportunity to work with Comcast to provide a much-needed service to the auto, motorcycle, boat, and RV businesses. We have received an overwhelming response from our marketing efforts in the South Florida area." Mellone also stated, "When you compare our top line revenue projection of $30,000 per month for only 4 local markets to what it can be nationally, Global TV can realize millions of dollars per month for this valuable service."
About Comcast Corporation
Comcast Corporation (http://www.comcast.com/ ) is principally involved in the development, management and operation of broadband cable networks, and in the provision of programming content. The Company is the largest provider of cable and broadband services in the United States, serving more than 21 million cable television customers and more than 6 million high-speed Internet customers. The Company's content businesses include majority ownership of Comcast Spectacor, Comcast SportsNet, E! Entertainment Television, Style Network, G4techTV, The Golf Channel, International Channel and Outdoor Life Network. Comcast Class A common stock and Class A Special common stock trade on the Nasdaq Stock Market under the symbols CMCSA and CMCSK, respectively.
They are the leading cable and broadband communications provider serving more than 21 million customers in 35 states and the District of Columbia.
* 40 million homes passed
* Market leader in 8 of the top 10 U.S. markets
* 70% of subscribers in the top 20 U.S. markets
About Global Triad
Global Triad Incorporated (GTI), trading on the Over The Counter Pink Sheets under the symbol GTRD, is a holding company with its headquarters in Ft. Lauderdale, Florida. It is the Company's intent to become a leading force in the digital communications sector through a combination of organic growth and mergers or acquisitions of complementary businesses. At this time, GTI owns and operates three subsidiaries, Global TV, Inc., (GTV), Global WiFi Plus, Inc., (GWPI), and Global Telco, Inc., all Florida corporations. The primary business of GTV is the aggregation and delivery of a wholesale, end- to-end wireless digital communications system and TV Production utilizing both Internet Protocols (IP) and proprietary digital devices. The primary business of GWPI is the installation, operations, and customer support of Global's next generation 802.11 "WiFi Plus" wireless high-speed broadband technology. The primary business of Global Telco, Inc. is to manage the sales, marketing, and support of GTI's telecommunications and VoIP products. The company will offer over wireless high-speed networks a "Triple Play" consisting of Voice over Internet telephony (VoIP), high-speed Internet data delivery and true Video- On-Demand (VOD). Both the Internet and VOD will be accessible through the consumer's television. The VOD content will appear at 30 frames-per-second, the industry standard for television.
Safe Harbor
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Global Triad, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward- looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Global Triad and Global TV, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.
For Investor Relations information,
Contact:
Harrison, Elliott, & Brown LLC
Henry Harrison
(407) 862-5151
hharrison@insidewallstreet.comhttp://www.insidewallstreet.com/
Worldwide Financial Marketing, Inc.
954-360-9998
info@wwfinancial.comhttp://www.wwfinancial.com/
Company web site:
http://www.globaltriad.net/
Source: Global Triad, Inc.
CONTACT: Henry Harrison of Harrison, Elliott, & Brown LLC,
+1-407-862-5151, or hharrison@insidewallstreet.com; or Worldwide Financial
Marketing, Inc., +1-954-360-9998, or info@wwfinancial.com, both for Global
Triad, Inc.
Web site: http://www.globaltriad.net/
http://www.comcast.com/
http://www.insidewallstreet.com/
http://www.wwfinancial.com/
http://www.globaltriad.net/
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