VAN NUYS, Calif., April 10, 2007 (PRIME NEWSWIRE) -- NuTech Digital, Inc. (OTCBB:NTDL), a leader in the production and distribution of original and licensed DVD content, announced today that an agreement has been finalized with iN Demand Networks, the leader in Pay-Per-View (PPV) and Video-On-Demand (VOD) television.
As a result of the agreement, NuTech will air some of its top concert productions, including Jessica Simpson, D12 and Fat Joe. The second of the series will kick off with the premiere of "Fat Joe Live at the House of Blues" airing on June 8, 2007 at 9:00pm EDT. The concerts will first air on both iN1 and iN3 PPV channels and later will be made available on VOD.
"iN Demand is delighted to partner with NuTech Digital," said David Asch, SVP, Programming of iN DEMAND Networks. "Their great line-up of concerts will make an excellent addition to our Pay-Per-View and Video-On-Demand services."
Lee Kasper, CEO of NuTech Digital, added, "I am very pleased that our original concert series will be telecast on VOD and PPV through our relationship with iN Demand. By partnering with a leader in the field, this solidifies our objectives with our concert productions and we look forward to future collaboration projects with iN Demand Networks."
About iN DEMAND Networks
iN DEMAND Networks is the world leader in providing exciting entertainment delivered through television's most innovative technologies. iN DEMAND delivers programming through four distinct areas of business: Pay-Per-View (PPV), Video-On-Demand (VOD), Subscription Video-on-Demand (SVOD) and high-definition (HD) programming. The company's shareholders are Comcast iN DEMAND Holdings, Inc., Cox Communications Holdings, Inc., and Time Warner Entertainment -- Advance/Newhouse Partnership. Further information about the company can be found at www.indemand.com.
About NuTech Digital
NuTech Digital is a pioneer in the home entertainment product market, with more than 600 exclusive DVD titles and a growing library of High Definition music concerts. NuTech Digital offers original and licensed content via a worldwide network of distributors, retailers and Internet entities, including Warner Music Group and CinemaNow. NuTech Digital also has broadcast availability, DRM, and Video-on-Demand for many of its new products. NuTech Digital recently introduced its DRM technology, which enables the secure distribution of high-resolution digital content via the Internet www.nutechdigital.tv. NuTech's Digital's DRM platform allows its feature films, concerts and Japanese animation and late-night programming to be accessed via secure downloads and included in online subscription services. NuTech Digital also facilitates authoring services to content providers in the entertainment industry.
Cautionary Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that if they never materialize or prove incorrect, could cause NuTech Digital, Inc.'s results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in NuTech Digital, Inc.'s reports filed with the Securities and Exchange Commission.