SEATTLE, Jan. 19, 2005 (PRIMEZONE) -- Reeltime Rentals, Inc. (Pink Sheets:RLTR) has successfully completed a test of its video streaming capabilities to a rural destination over SkyNet Broadband's WiFi network. The Company conducted the test as preparation for a potential partnership to deliver online movie rentals to customers in SkyNet's service area using ReelTime's IRDS technology.
Alex Stanczyk, Chief Executive Officer of Reeltime Rentals, says, "The Company is very pleased with the results of our delivery test via SkyNet's WiFi network. The ability to send a near DVD-quality digital video stream to consumers in rural areas that have traditionally lacked high-speed internet access is an incredible leap forward in bringing hard-to-reach customers into the digital age of media. There exists an unrealized market of rural consumers in North America who have been unable to access broadband cable or DSL. This test confirmed that ReelTime's IRDS technology is capable of traveling over a WiFi broadband internet connection without a loss of performance or viewer experience. We plan on using this success as a stepping stone to further expand our service into these underdeveloped markets."
About SkyNet Broadband
The mission of SkyNet Broadband, currently servicing western Washington State, is to provide quality high-speed Internet access to consumers at a fair price, anytime, anywhere. The Company has developed a high-speed wireless infrastructure that has addressed scalability, stability, and security issues that have plagued offerings in the past. Through custom development of security and traffic management systems, SkyNet is uniquely positioned to offer both fixed and roaming services, in parallel, to rural communities and underserved markets, campuses and private communities, and mobile professionals.
For more information about SkyNet Broadband, please visit www.skynetbb.com.
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.
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.