Four Hotels Select OxfordSVI's Video-On-Demand Services
Four Hotels Select OxfordSVI's Video-On-Demand Services
~ Oxford Media, Inc. Schedules Investor Conference Call Update Announcing Its Second Quarter 2006 Results and the SVI Merger on Wednesday, September 13, 2006 at 4:15 p.m. EDT ~
IRVINE, Calif., Sept. 11 /PRNewswire-FirstCall/ -- Oxford Media, Inc. (BULLETIN BOARD: OXMI) , a leading developer of scalable, turnkey hybrid digital VOD and PPV entertainment systems, announced today that OxfordSVI, Inc., its wholly owned subsidiary (OxfordSVI), has signed agreements with Super 8 Motel (Forest Hills, Texas), Days Inn (Fort Worth, Texas), Motel 6 (Weatherford, Texas), and Days Inn (Decatur, Texas) through one of its Platinum Dealers, GoldStar Systems for digital Video-on-Demand and Pay-Per- View entertainment to its total of 195 rooms. Installation is scheduled to be completed in September 2006.
"OxfordSVI's Video-on-Demand is an absolute necessary amenity for our guests and affords a competitive edge for my hotel in this underserved market. I have a billboard ready to promote our new OxfordSVI Video-on-Demand entertainment system," stated Ray Bhula, Owner, Super 8 Motel, Forest Hills, Texas.
"OxfordSVI's VOD product is the first alternative for a smaller hotel such as this Super 8 Motel to provide this desirable amenity with the revenue VOD offers hoteliers," said Wendy Palmer, Owner, GoldStar Systems.
As part of the Agreement, OxfordSVI was granted "rooftop rights" to install a WiMAX antenna or similar transmitting/receiving device on the rooftop of the Super 8 Motel. The sole consideration to be paid by OxfordSVI for these rooftop rights will be a percentage of future revenue derived from the antenna, which is to be negotiated.
Oxford Media, Inc. plans to announce its second quarter 2006 financial update and the SVI merger on Wednesday, September 13, 2006 at 4:15 p.m. EDT. Lew Jaffe, President and CEO, David P. Noyes, CFO and Beth Salmon, COO will conduct the call. After their prepared remarks, there will be a brief Q&A session. Interested parties may hear the conference call by telephone and view the presentation through the Internet.
Please join in to learn the business strategy and market position and growth of Oxford Media, Inc., instructions are as follows:
Instructions for hearing the conference call:
Call 1-800-446-1671 in the United States or Canada or;
Call 1-847-413-3362 for International participants
Confirmation Number: 15231851
Instructions for viewing the PowerPoint Presentation
http://web.meetme.net/r.aspx?p=2&a=70541523185113
A replay of the conference call presentation with synchronized audio will be available for at least one year on the company's website at www.oxfordmediainc.com.
About Oxford Media, Inc.
OxfordSVI, Inc., a wholly owned subsidiary of Oxford Media, Inc., 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 investment from the systems. OxfordSVI is the third largest provider of VOD services to the hospitality industry in the United States, and the largest provider of VOD services to the under-served small and mid-sized hotels and motels having less than 300 rooms. The combined company has a customer base of over 2,400 hotels, of which 1,970 hotels (160,000 rooms) provide VOD services. The remaining properties receive high speed internet access and support as well as ancillary services from the Company. 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 Media, Inc.'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. http://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. Oxford Media, Inc., +1-949-579-1523,
lisamarie@oxfordmediainc.com; The Del Mar Consulting Group, Inc.,
+1-858-794-9500, bprag@delmarconsulting.com
Web site: http://www.oxfordmediainc.com/
http://web.meetme.net/r.aspx?p=2&a=70541523185113
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