PHOENIX, March 1, 2007 (PRIME NEWSWIRE) -- B2Digital Inc.'s (OTCBB:BTOD) Hotel Movie Network, in conjunction with Alpha Broadcasting Communications ("Alpha"), a private company located in Mesa, Arizona, have signed an agreement to deploy Wireless High Speed Internet Services into Mesa, Arizona.
"Under this new agreement, Hotel Movie Network has joined forces with another leading company in the technology world in order to provide digital technology to both commercial and residential markets in this area. This agreement will provide for complete digital coverage of this area of Arizona. For our subscribers, they will now be able to experience high quality high speed wireless Internet services and view total DVD quality video services at the same time," stated Robert Russell, Chairman of B2Digital.
Mr. Russell added, "This strategic agreement with Alpha will give B2Digital a greater opportunity to bring our technology into the market place. In an area of this size, the opportunity for subscribers is substantial. The additional of subscribers will bring us the beginning of a reoccurring revenue model and asset base that we need as a public company."
The Alpha Agreement will allow B2Digital to expand its digital technology to the Internet services market. As the Company develops its relationship with Alpha, it is looking forward to rolling out streaming video services alongside Internet services, to both the residential and commercial customers. Once the Company has finalized the testing of its digital compression technology, it will be possible to advance Alpha's technology into the Internet Markets for IPTV as well.
About B2Digital
B2Digital is a leading innovator in the delivery of digital content. B2Digital is actively designing new technologies to be integrated into existing content delivery platforms for small to medium-sized cable television companies, allowing cable companies to deliver more and higher quality services through existing hardware platforms. B2Digital also owns a minority interest in http://www.B2now.com, a provider of community oriented content through Internet Protocol Television through its wholly owned subsidiary Hotel Movie Network, of B2Digital, Inc.
About Hotel Movie Network
Hotel Movie Network ("HMN") is a provider of in-room, on-demand video entertainment, and satellite services to the domestic lodging industry, including the delivery of Hollywood movies, sports, and live events, as well as various types of pay-per-view content. HMN primarily provides its services under long-term contracts to hotels, hotel management companies and individually owned and franchised hotel properties.
Forward-Looking Statements
Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the Company's ability to obtain additional financing and the demand for the Company's products. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC").