SEATTLE, Jan. 11, 2005 (PRIMEZONE) -- ReelTime Rentals, Inc. (Pink Sheets:RLTR) and Innovative Communications Technologies, Inc. (Pink Sheets:ICTN) announce plans to jointly participate in the National Association of Television Program Executives Conference to be held January 25-27, 2005 in Las Vegas. NATPE is a global, non-profit organization dedicated to the creation, development and distribution of televised programming in all forms, across all platforms.
NATPE 2005 is the only American market serving the worldwide television industry. Addressing the conference will be Ted Turner and FCC Commissioner Michael J. Copps. Citing Ted Turner as an extraordinary example of the kind of vision, creative thinking and business acumen that is vital to the continued growth of the television industry, President of Distribution at Sony Pictures Television and NATPE Co-chair John Wesier, said he could think of no one better qualified to open the NATPE 2005 Conference & Exhibition on Tuesday, January 25, 2005. FCC Commissioner Michael J. Copps will follow Turner as NATPE's featured speaker on Wednesday, January 26, providing insight into how future policy may impact the television business.
ReelTime's CEO, Alex Stanczyk, along with Innovative Communications Technologies, Inc., CEO Barry Henthorn, intend to demonstrate ReelTime's Intelligent Rapid Delivery System (IRDS) and discuss the future of digital media, telecommunications, and their convergence with a select group of participants while at the conference. NATPE agenda topics of particular interest include "The Regulatory Landscape", "Interactive TV Goes Mainstream", and the "ITV Distribution Workshop".
"Since participating in my first NATPE convention in 1998 I have always been extremely impressed with the quality of and the amount of business that is initiated and/or formalized at this truly once a year opportunity. I am looking forward to the subjects and the level of discussions that will occur," says Barry Henthorn, CEO of Innovative Communications Technologies, Inc.
Commenting on the conference, CEO of Reeltime Rentals, Alex Stanczyk stated, "The NATPE Conference is a fantastic venue for ReelTime and ICT to demonstrate the IRDS technology that we feel will revolutionize the Rental-on-Demand industry to the television and programming industry. This event should be a great success from the perspectives of networking, technological displays, and regulatory education."
About Innovative Communications Technologies, Inc.
Since 1989, Innovative has been a pioneer in the development and positioning of private telecommunications networks for businesses as well as other communications specific technologies. Innovative's proprietary technology and alliances with industry leaders now place the company at the forefront of the telecommunications industry.
For more information visit the company's website at www.ict.net.
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 web site at www.reeltimetv.net.
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