FT. LAUDERDALE, Fla., March 26, 2007 (PRIME NEWSWIRE) -- 247MGI, Inc. ("247MGI") (OTCBB:TOFS) announced today that it will begin beta testing its custom developed hybrid player application to be used for its IP broadcast network.
247MGI, through its recent agreement to acquire media assets, acquired a custom built player application that was designed for use with streaming video or audio in both live and achieved content. The player allows the user to see images four times larger than traditional streams of 320 by 240 and has a built-in chat module to communicate with the broadcaster or other users during live events. A hidden moderator was built into the player to act as the delay system of traditional media outlets. Here the moderator can make sure that no profanity or inappropriate remarks are displayed on the player during the live session, should a user continue to try to use profanity then the moderator can bounce the user from the session. The player has a chat room module included where users can create their own chat rooms to communicate with one another and the ability to transfer files. Other features currently being added are similar to other applications such as conferencing, pc to pc calling and webcams.
Chairman and CEO Matt Dwyer stated, "247MGI is working with the programmers regarding several other features which we hope to be able to start to introduce in the coming months. 247MGI is seeking participants to help ensure all the bugs have been worked out of the player. In our upcoming website launch there will be a form for people to fill out to sign up for our beta test launch."
247MGI, Inc. is a full service multi media company, a one-stop media and advertising company that assists its clients by creating marketing materials utilizing technology driven media formats for the distribution of information worldwide. The company utilizes the Internet to deliver its content more efficiently and at a higher standard than its competition. 247MGI has developed and continues to create unique programs to include "LIVE" as well as streaming video content which will be delivered through the web and via satellite.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of 247MGI Inc and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward looking statements contained in this media release.