SEATTLE, Nov. 29, 2004 (PRIMEZONE) -- Reeltime Rentals, Inc. (Pink Sheets:RLTR) announces that Alex Stanczyk, Chief Executive Officer, was interviewed by WallSt.Net on November 17, 2004. WallSt.Net features interviews with CEOs and prominent business executives and serves as a forum for the financial community.
During the interview, Mr. Stanczyk discussed a variety of topics ranging from Reeltime Rentals' vision for the future of video rentals, market share potential, management background, projected milestones, and the Company's breakthrough IRDS technology.
Some analysts predict that there will be up to 29 million video-on-demand users by year-end 2005. ReelTime is focused on becoming a significant contributor in this space. Mr. Stanczyk discusses many aspects of ReelTime's potential in this market as well as estimated product launch schedules.
About Reeltime Rentals, Inc.
Reeltime Rentals, Inc., headquartered in Bellevue, Washington, plans on renting movies in real time to the living rooms of customers nationwide. Customers will have access to thousands of DVD-quality, full-screen movies without the hassles of going to the video store or mailbox, nor the added expense of late fees. ReelTime offers a unique, new, and convenient approach to renting movies at home or elsewhere. ReelTime uses cutting-edge technology that brings high-quality video content direct to consumers, while taking unprecedented measures to combat the threat of piracy. Technology acquired from Innovative Communications Technologies, Inc. forms the basis for ReelTime's Intelligent Rapid Delivery System (IRDS).
For more information on Reeltime Rentals, Inc. you may visit our website at www.reeltimetv.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing, and evaluation of products, and other risks detailed from time to time in the Company's filing with the Securities and Exchange Commission.