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ubroadcast, inc.: ubroadcast Signs Distributor Agreement With Alexander Lindale, LLC
SAN DIEGO, CA--(Marketwire - July 29, 2009) - ubroadcast, inc. (
Under the terms of this revenue sharing based agreement, Alexander Lindale will provide UBCI an outside sales force that will market ubroadcast's recently launched video and audio platform, initially focusing its sales efforts to publicly traded companies. Alexander Lindale plans to offer additional production, editing and distribution of audio and video services to complement the ubroadcast offering.
John Castiglione, President of ubroadcast, commented, "As our ubroadcast video platform is now completed and operational, we are identifying groups like Alexander Lindale as our sales agent to focus on corporate sales. We think that the corporate clients that Alexander Lindale will market to, will be impressed with the power and flexibility of ubroadcast services to effectively communicate with customers, employees and shareholders. In the current economic climate, large and small companies are seeking ways to communicate their message in a cost-effective manner and we believe that ubroadcast has what they have been looking for."
UBCI plans to complete and announce additional distribution agreements in the near term.
About ubroadcast, inc.
UBCI recently launched a new audio and video platform that allows users to produce live and On Demand television and movies, and radio shows in up to HD quality. By blending this user generated content and UBCI's own original programming in a single application, UBCI bridges the gap between Internet video and traditional network radio and television.
Rolling Stone magazine, About.com, TechCrunch.com, and ABC News have all given ubroadcast media attention, and The San Diego Business Journal headline stated that the market for ubroadcast programs could be "Larger than MySpace® and YouTube®."
Please visit [ http://www.ubroadcast.com ] for more information.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company's ability to complete a business acquisition. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about UBCI's future business and financial results, refer to UBCI's Annual Report on Form 10-K for the year ended December 31, 2008. UBCI undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.