PHOENIX, Feb. 27, 2007 (PRIME NEWSWIRE) -- B2 Digital, Inc. (OTCBB:BTOD) a digital content delivery business announced today that its wholly-owned subsidiary Hotel Movie Network, Inc. has entered into an agreement with Synergetic Technologies, Inc. (OTCBB:SYGG), a provider of Digital Video Ad Insertion Technology, through its wholly-owned subsidiary Ad Systems, Inc. to install Ad Systems 8 channel digital ad insertion system in selected hotels and Timeshares in North America.
The agreement consists of two unique revenue models in addition to the traditional ad sales model, a "per inquiry" and an online mall model, that can create a consistent inflow of revenue once a guest purchases.
The "per inquiry" model is where the cost of commercial airtime is based on the amount of leads the media outlet guarantees it can provide.
The "online mall" model extends the advertising revenue agreements outside the hotel and into the traveler's homes and offices via a percentage of revenue share agreement.
Commissions are paid for products ordered through their system or originating from the web address or 800 numbers of their online mall.
Bob Hall, Chairman of Synergetic Technologies Inc, said, "These two Company's 12,000 plus room base can effectively deliver 20,000 commercials to more than 100,000 travelers per month. The Company anticipates realizing revenues in excess of $60,000 per month from the sale of airtime in the Hotels once the ad insertion system is fully deployed. The addition of these two new revenue sources provides Synergetic Technologies Inc the foundation of its new model of creating recurring revenue streams."
Paul D.H. LaBarre, President of Hotel Movie Network Inc. stated, "With the deployment of Ad Systems digital ad insertion system, we can sell ad space to mainstream advertisers, deploy per inquiry ads, and promote our pay-per-view movies, all of which allows us to add to our top-line growth. These new capabilities should give us a unique marketing edge that will help grow our room base."
About B2 Digital
B2Digital is a leading innovator in the delivery of digital content. B2Digital is actively designing new technologies to be integrated into existing content delivery platforms for small to medium-sized cable television companies, allowing cable companies to deliver more and higher quality services through existing hardware platforms. B2Digital also owns a minority interest in http://www.B2now.com, a provider of community oriented content through Internet Protocol Television. Through its wholly-owned subsidiary Hotel Movie network, of B2 Digital, Inc.
About Synergetic Technologies, Inc.
Synergetic Technologies Inc. is a provider of digital video systems for on-line video streaming services for cable and satellite.
Forward-Looking Statements
Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the Company's ability to obtain additional financing and the demand for the Company's products. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC").