COMMACK, N.Y., Nov. 27, 2007 (PRIME NEWSWIRE) -- Protocall Technologies Incorporated (OTCBB:PCLI), a leading provider of DVD on-demand services for retailers, reported revenue of $739,198 for nine months ended September 30, 2007, an increase of 35% over the year earlier period. The increase came as the company saw stronger demand for its TitleMatch Internet fulfillment services.
"Our Internet fulfillment business continued to show strong growth through the third quarter despite final industry approval for CSS copy protection coming late in Q3," said Bruce Newman, CEO of Protocall. "Now that CSS is approved and we can begin working with the larger movie studios, we anticipate stronger revenue gains from our Internet business and from retail chains that are expected to begin using our service at their stores in early 2008."
Protocall had previously demonstrated its DVD On-Demand service with CSS copy-protection, but final industry approval of the specification was required by the larger studios before their movie catalogs could be released for on-demand burning.
"This is an especially exciting time for our company," commented Syd Dufton, President of Protocall and TitleMatch Entertainment Group, Protocall's wholly owned subsidiary. "In addition to receiving the green light on CSS, we are working on several large projects that we believe will serve as a catalyst for broader adoption of our DVD on-demand service in the retail channel. We were also very pleased to see two independent research firms project the burn on-demand market will grow to over $1 billion in the next several years. We are in a great spot to capitalize on this enormous growth with the only fully functional CSS enabled on-demand service available today.
Protocall also stated that it was actively working with several major movie studios to include a range of new release and catalog films on the company's TitleMatch DVD on-demand service.
Protocall's TitleMatch service enables retailers to have 100 percent in-stock availability on a wide variety of movies, television episodes and software products, which are burned onto DVD and CDs with full color packaging at a retail store and/or Internet distribution center.
For online orders, consumers browse and select available titles from a retailer's website with orders produced at product distribution centers, store locations or by Protocall's Internet fulfillment services group. At retail stores, consumers can browse and select available products from multimedia touch-screen display terminals located on the sales floor. Orders are produced behind the counter by store personnel in minutes.
Further detail regarding 2007 third quarter results is available on the Company's Form 10-QSB quarterly report, which is available on the US Securities and Exchange website www.sec.gov.
About Protocall Technologies and TitleMatch Entertainment Group
Protocall Technologies Incorporated is the innovator of CD and DVD on-demand content distribution. The company's flagship TitleMatch DVD On-Demand service, which is marketed exclusively through Protocall's wholly owned TitleMatch Entertainment Group division, allows retailers to burn brand name CD and DVD products at their stores and website distribution centers. The company's proprietary systems enable retailers to reduce their reliance on costly physical inventory, expand their selection of products, eliminate shrinkage and out-of-stock situations, speed time to market for new products and improve their operating margins with minimal space requirements. Visit www.protocall.com for more information.
This news release along with other investor information about Protocall Technologies is available at http://www.agoracom.com/IR/Protocall. To receive future news releases or request further information about Protocall Technologies, please email PCLI@agoracom.com.
The information contained in this news release, other than historical information, consists of forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those described in these statements. Forward-looking statements regarding the timing of developing, testing and releasing existing and new products, of marketing and selling them, of deriving revenues and profits from them, as well as the effects of those revenues and profits on the company's margins and financial position, are uncertain because many of the factors affecting the timing of those items are beyond the company's control.