WILMINGTON, Del., Feb. 7, 2007 (PRIME NEWSWIRE) -- Universal Capital Management, Inc. (OTCBB:UCMT), a Business Development Company which provides emerging growth companies with management and strategic resources for successful growth, reported today that SIVOO Holdings Inc. ("SIVOO"), a significant holding among its portfolio holdings, has partnered with Avenue A/Razorfish, WebTrends and 24/7 Real Media.
Through these partnerships, SIVOO (Pink Sheets:BDRH) will be able to apply the most up to date technology in getting it closer to its audience, to profitably acquire new customers and to show its advertisers the audience they want to reach most.
Mike Queen, the CEO of Universal Capital Management ("UCM") said that, "these partnerships with the three top innovators in on-line advertising show the high level of interest in the targeted audiences' of SIVOO. Avenue A/Razorfish is the largest marketing service agency in the USA as seen in the May 2006 edition of Advertising Age magazine."
Mr. Queen added, "SIVOO is at the cutting edge of the evolving advertising community's quest to define, segment and target its audiences. SIVOO is providing these advertisers with a multi-cultural demographic focused currently on Spanish, Chinese and Hindi-speaking residents in either English or native language. We expect these partnerships to continue to enhance the value of SIVOO and in turn, our portfolio."
About SIVOO
Founded in 2000, SIVOO, Inc. operates the first Internet TV network of multicultural on-demand entertainment. It serves the fastest growing segments of the U.S. population with more than 21,000 hours of quality on-demand content under contract that is delivered through an Internet browser to PCs, televisions, portable devices and mobile phones. Please visit the company's web site at www.sivoo.com.
About Universal Capital Management
Universal Capital Management, Inc. is a publicly traded Business Development Company created under the Investment Act of 1940. Its purpose is to assist its portfolio companies with funding and management to facilitate growth and increase their value. Please visit the company's website at http://www.unicapman.com
Forward-Looking Statements
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