IRVINE, Calif., Aug. 17, 2005 (PRIMEZONE) -- Oxford Media, Inc. (OTCBB:OXMI), a leading developer of Private Broadband Networks (PBN) and through this network, the Company maintains the ability to provide low-cost broadband Internet access, video and audio content on demand via a Pay-Per-View basis service. Oxford Media's initial target market is the hotel and hospitality industry, where on demand services impact a wide array of customer satisfaction ratings, as well as the bottom line.
Tom Hemingway, CEO, of Oxford Media states, "Our next-level technologies allow us to implement a low cost, highly profitable and turnkey video on demand service for hotels across the nation. Furthermore, Oxford maintains the same content deals, but our business model permits a lower cost for VOD to the consumer."
The Company's PPV/VOD system benefits the guest, hotel and content owners. Hotel guests enjoy high quality video when they want it. The hotel is not involved in the transaction or service yet receives many financial benefits from the system. Lastly, the content owners enjoy a secure, accountable distribution system that provides accurate reporting and immediate financial remuneration for use. The system has been designed with new technology which delivers significantly lower hardware and operating costs, and has made it a low cost option for hotels. The system provides for no front desk involvement with its proprietary ordering and billing software. It includes secure distribution of content to on-site servers, rapid deployment, low cost installation and on-line service and upgrades.
About Oxford Media, Inc.
Oxford's primary business is the delivery of Video On Demand to a segment of the hotel industry not previously served and able to offer such services to their guests. The underserved market of hotel properties with 50 to 300 rooms make up over 56% of the hospitality market with over 2.4 million total rooms. Oxford's newly designed and proprietary Video On Demand system allows smaller hotel properties to offer first run Hollywood hits at a much lower cost than previously available in the industry making this market accessible and profitable. For additional information, visit www.oxfordmediainc.com.
Safe Harbor
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the ability to negotiate acquisitions; properly identify acquisition partners; adequately perform due diligence; manage and integrate acquired businesses; react to quarterly fluctuations in results; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks. These are and will be detailed, from time to time, in Oxford Media, Inc.'s Securities and Exchange Commission filings, including Forms 10-KSB, 10-QSB and 8-K. Actual results may differ materially from management's expectations.