Five Additional Hotels Select Oxford Media's Video-On-Demand Entertainment System
Five Additional Hotels Select Oxford Media's Video-On-Demand Entertainment System
IRVINE, Calif., July 13 /PRNewswire-FirstCall/ -- Oxford Media, Inc. (BULLETIN BOARD: OXMI) a leading developer of scalable, turnkey hybrid digital VOD and PPV entertainment systems, announced today it has signed agreements with five additional hotels for the purchase and installation of Oxford Media's proprietary digital Video-on-Demand and Pay-Per-View entertainment system.
The five hotels are: AmericInn in Greenbay, WI; the Ramada Inn in Salt Lake City, UT; the La Quinta Inn & Suites in Eugene, OR; the Howard Johnson (formerly the Torrance Lodge) in Torrance, CA; and, the Guest Hotel & Suites in Calexico, CA.
CCDR Communications, Inc./Crystal-Clear.TV (http://www.crystal-clear.tv/), an Oxford Media Platinum Dealer, secured the five agreements for Oxford Media. When installation is completed in August 2006, these agreements will have added 436 rooms to Oxford Media's installed base of hotel rooms.
As part of the agreements, Oxford Media was granted "rooftop rights" to install its WiMAX antenna or similar transmitting/receiving device on the rooftops of the hotels. The sole consideration to be paid by Oxford Media for these rooftop rights will be a percentage of future revenue derived from the antenna, which is to be negotiated.
Commenting on the announcement, Rhonda Hunter, President of CCDR Communications, Inc./Crystal-Clear.TV, stated, "We are very enthused to introduce Oxford Media's state-of-the-art VOD system to our existing base of hotel clients. With Oxford Media's system, small-to-mid sized hotels can now afford to offer a VOD and PPV amenity to their guests. These five new hotel sites will also serve as additional positive references for Oxford Media's VOD system."
Rick Shafer, Oxford Media's EVP of Sales stated, "We are impressed with the effort of Rhonda and her team. CCDR Communications, Inc./Crystal-Clear.TV is a true partner and brings tremendous value to Oxford Media and our effort to grow rapidly and capture market share. We continue to be very encouraged by the reception that our digital VOD system is receiving from hoteliers across the United States."
About Oxford Media, Inc.
Oxford Media is a leading developer of scalable, turnkey hybrid digital VOD and PPV entertainment systems. Its systems offer hotel guests a variety of video content on-demand including the latest first-run Hollywood Movies, while providing hotel owners with a positive return on invest from the systems. Oxford Media's market is mainly comprised of small and mid-sized hotels and motels -- a segment of the hotel industry previously underserved and unable to offer such services to their guests. This targeted market of hotel properties between 50 to 300 rooms comprises over 2.4 million hotel rooms in the U.S. and represents approximately 56% of the total hotel market.
Oxford's wholly owned subsidiary Creative Business Concepts, Inc. is a wireless and business systems provider specializing in WiFi/WiMAX, IT Security and IT Integration, and Telecom. As part of these service offerings, CBC designs and installs specialty communication systems for data, voice, video, and telecom. www.oxfordmediainc.com
Note: All Oxford Media, Inc. issued press releases appear on the Company's website (http://www.oxfordmediainc.com/). Any announcement that does not appear on the Oxford Media, Inc. website has not been issued by Oxford Media, Inc.
Special Note Regarding Forward-Looking Statements: Statements in this news release about anticipated or expected future revenue or growth or expressions of future goals or objectives, including statements regarding whether current plans to grow and strengthen the Company's existing business, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements in this release are based upon information available to the Company on the date of this release. Any forward-looking statements involve risks and uncertainties, including the risk that the Company will be unable to grow or strengthen its business due to a lack of capital or an inability to identify acquisition candidates and that the Company may not realize anticipated cost savings or revenue growth opportunities associated with any acquisitions, planned or otherwise. Additionally, forward-looking statements concerning the performance of the Company's business are based on current market conditions and risks, which may change as the result of certain regulatory, competitive or economic events, as well as those risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, which could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
Investor Contact:
Oxford Media, Inc.
Lisa Marie Laurenzano, VP of Investor Relations
(949) 579-1523
lisamarie@oxfordmediainc.com
or
The Del Mar Consulting Group, Inc.
(858) 794-9500
bprag@delmarconsulting.com
Source: Oxford Media, Inc.
CONTACT: Lisa Marie Laurenzano, VP of Investor Relations of Oxford
Media, Inc., +1-949-579-1523, lisamarie@oxfordmediainc.com; or The Del Mar
Consulting Group, Inc., +1-858-794-9500, bprag@delmarconsulting.com, for
Oxford Media, Inc.
Web site: http://www.crystal-clear.tv/
Web site: http://www.oxfordmediainc.com/
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