IRVINE, Calif., Aug. 25, 2005 (PRIMEZONE) -- Oxford Media, Inc. (OTCBB:OXMI), a leading developer of Private Broadband Networks (PBN, which allows the Company the ability to provide low-cost broadband Internet access, video and audio content on demand via a Pay-Per-View basis service, today announced it has signed an exclusive agreement with Human Advanced Co., Inc. (HUAD), a Korea Corporation, to manufacture Set-Top-Boxes (STB) and STB Controllers, Remote Control Units and Infrared Extenders bearing the Oxford brand names. All products are proprietary to Oxford and manufactured by HUAD under the specifications of Oxford for the hotel and hospitality pay-per-view segment.
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, Chairman and CEO of Oxford Media, stated, "Establishing long term relationships with our product manufacturer creates a consistent supply chain capable of generating maximum revenues. HUAD has been an outstanding partner both in the manufacturing of quality products and in the initial design phases."
Oxford has developed an aggressive pricing model offering high quality at reasonable prices to create a barrier to entry.
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.