|Page (1) of 1 - 07/02/12||email article||print page|
Digidev Group Continues to Grow With Release of Updated WebsiteCompany Advises of Plans for Additions to Management and Board (July 02, 2012)
LOS ANGELES, CA -- (Marketwire) -- 07/02/12 -- The Digital Development Group Corp. (OTCBB: DIDG) ("Digidev," "Digidev Group" or the "Company), a development stage company aiming to offer an in-depth portfolio of content for Internet TV distribution, is proud to release its updated web site at digidev.com. We are growing beyond our expectations and aim to announce a key new addition to the management team shortly. We also plan to announce the appointment of a new director in order to strengthen the oversight and governance of the Company.
"All indications from our client base shows that our business model continues to be well received as we demonstrate the rollout of our first 'OTT' channels over the next few weeks," comments Joe Q. Bretz President of The Digital Development Group.
"Our New Website will be demonstrating 'vignettes' of our new channels that will be launched in conjunction with our growing stable of content providers. We are confident that our proprietary delivery system will set a standard for OTT and internet distribution services for a new generation. The continuing adoption of OTT television is exactly tracking our internal projections of growth in the industry. We are confident that we are well positioned to benefit from this massive trend," states Martin W. Greenwald, Chairman and CEO of The Digital Development Group.
As noted previously, Digidev is targeting the rapidly expanding and revolutionary OTT technology arena in order to facilitate the online delivery of movies, games & apps to millions of desktops, mobile and smart TV devices around the World. "OTT" or Over-The-Top Home Entertainment Media targets DVD players, video game consoles, mobile products and Smart TVs with built-in Internet connectivity. These devices piggyback on existing network services in consumers' homes or offices; pull content from the Internet and deliver it to their TV set or internet enabled device. Such devices are referred to as "over-the-top" because the service rides "on top" of the internet connection subscribers already use.
Using Digidev's innovative proprietary technology, content providers will be able to reach out to previously "un-reachable" audiences. This multi-purpose platform will result in the ultimate engagement connecting a massive audience of new online viewers to a vast network of content owners, developers and producers.
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information, visit our website at: www.digidev.com.
About The Digital Development Group Corp. (OTCBB: DIDG)
The company was founded by CEO Martin W. Greenwald and President Joe Q. Bretz, who have extensive experience in the entertainment industry. Mr. Greenwald oversaw Image Entertainment Inc. as Chairman of the Board from $1 million in revenues to over $120 million in revenues per year, while Mr. Bretz started working on various media start-ups in Silicon Valley during the dot com boom in the late 90s, his experience has ranged from a feature film producer to a high tech incubator. Bretz and long time technology partner Richard Verdoni, the company's CTO, have been working on this technology in various formats for over 6-years. Given Greenwald's success in licensing content and Bretz and Verdoni's technological know how, the company is well positioned to be a leader in the Internet television revolution.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, reference to new technologies, software and sales methods as well as financial projections for the size of the internet TV market. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Copyright @ Marketwire
Related Keywords: Digital Development Group Corp., Home, Gaming, Internet, Digital Media Software, Gaming, Movies & Music, Web, Game Consoles, Movies by Genre, Video, Internet/Web, Camera/Film, Business, Internet, Web, USA, Marketwire, Inc., Financial, Film, Television, Internet Technology, Game Technology, Business, Entertainment, Internet, Other,