VANCOUVER, British Columbia, Oct. 13, 2005 (PRIMEZONE) -- Ed Clunn made a rare television interview this week, with the host of It's About Finance with Carol Davis on Streetcast TV. The CTO of Infotec Business Systems, Inc. (OTCBB:IFOB) discussed the most recent news of his company's latest business acquisitions and the progress of the company's recently leased 1500 ft. data center at the Quinby Building in Los Angeles. The Quinby Center will play host to this new leading-edge data centre as the company expands its infrastructure and overall business operations.
"We are very excited about the progress we are making with our infrastructure build-out and look forward to positioning ebahn.tv as the premier online internet television broadcast network. The potential advertising revenues from that model could be extremely compelling," said Clunn.
Infotec is a provider of Internet and related media services and delivers 3rd generation on demand streaming media content via its proprietary Galaxy Broadcast Network. Galaxy Networks, headquartered in Vancouver, British Columbia, is widely recognized as an industry leader in third generation video streaming solutions. Galaxy offers a wide variety of ASP products and services, including, but not limited to, web site hosting, e-mail hosting, web-based e-mail and streaming video services. Galaxy's extensive and successive experience in delivering high-quality, cost-effective service solutions to such well-known corporate clients such as hotSPORTSnetworks Corp., VStreetVenue, Kidzworld.com, Second Avenue Studio and allhollywood.com, has solidified its position as an ASP industry leader.
Streetcast TV is one of the largest and most respected online financial news broadcast networks in North America. Using the most sophisticated technology available in the market today, Streetcast TV has the pulse of the market and the ear of the industry.
Using unique encoding software light years ahead of the rest, it is considered the top player in the emerging online television industry. With over one million unique hits each month, Streetcast TV delivers reliable business news right to a viewer's desktop.
Founded in 2003, Streetcast TV continues to revolutionize internet television with its unique programs, provocative journalism, and no nonsense business perspective.
For more information, visit www.streetcast.tv.
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential," and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors including such risks as market acceptance of our products and technical risks of introduction, lack of adequate capital and intense competition which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information covered in this press release including such forward-looking statements.
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