LOS ANGELES, July 30, 2004 (PRIMEZONE) -- NuTech Digital, Inc. (OTCBB:NTDL), a worldwide leader in the production and distribution of original and licensed DVD content, announced today it has executed an exclusive production agreement with Jessica Simpson through JT Productions for the production and distribution of an exclusive concert of the Jessica Simpson Reality Tour. This much-heralded tour, which is generating significant press internationally, will be produced in Hi-Definition utilizing state-of-the-art audio and video technology to capture the full realism of the Reality Tour performance.
"We believe that Jessica Simpson is a powerhouse performer who appeals to music lovers of all ages -- and will do so for decades to come," stated Lee Kasper, NuTech chairman, president and CEO. "With this agreement, NuTech has once again demonstrated its capability to identify significant opportunity in the marketplace. It is news to no one that the market for music on DVD has exploded and is rapidly growing into a dominant force in the marketplace. NuTech is investing considerable resources to ensure that this DVD and broadcast represent a true collectible for her millions of fans."
SONY/Columbia will be the distributor worldwide for the DVD which will be released in November. NuTech's interests include production and selected distribution participation.
"We are very excited to have Nutech Digital as a partner for the DVD production of Jessica's best live performance to date," noted Joe Simpson, JT Productions. "NuTech's capabilities, coupled to its commitment to the highest professional standards dedicated to capturing and delivering the full realism of her stunning Reality Tour performance, will be very much appreciated by fans the world over."
About NuTech Digital
NuTech Digital is a pioneer in the home entertainment product market, with more than 600 exclusive DVD titles and a growing library of High Definition music concerts. NuTech Digital offers original and licensed content via a worldwide network of distributors, retailers and Internet entities. NuTech Digital also has broadcast availability, DRM, and video on demand for many of its new products. NuTech Digital recently introduced its DRM technology, which enables the secure distribution of high-resolution digital content via the Internet www.nutechdigital.tv. NuTech's Digital's DRM platform allows its feature films, concerts, children's animated films, karaoke software, Japanese animation and late-night programming to be accessed via secure downloads and included in online subscription services. NuTech Digital also facilitates authoring services to content providers in the entertainment industry.
Cautionary Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that if they never materialize or prove incorrect, could cause NuTech Digital, Inc.'s results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in NuTech Digital, Inc.'s reports filed with the Securities and Exchange Commission.