ReelTime Rentals Enters Into an Agreement with Amazon.com to Share Revenue from DVD Sales


SEATTLE, Dec. 21, 2004 (PRIMEZONE) -- Reeltime Rentals, Inc. (Pink Sheets:RLTR) has joined the Amazon.com affiliate program. ReelTime will earn a percentage of revenue from the sale of DVDs driven from ReelTimeTV.net to Amazon.com. As part of the agreement, Amazon will manage all inventory and shipping costs associated with the sale of these DVDs allowing ReelTime to focus on its core competency: delivering movie rentals to consumers through the internet.

"We expect customers will want to purchase some of the movie titles that they view through ReelTime," said Alex Stanczyk, CEO of ReelTime Rentals, Inc. "It makes sense to provide our customers with the increased purchasing convenience, reliability and integrity of Amazon.com while increasing our revenues."

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).

About Amazon.com

Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection of consumer products online. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.

For more information on Reeltime Rentals, Inc. you may visit our web site 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.



            

Contact Data