Roomlinx Signs MoU With ViaMedia to Distribute Its iTV Product in Africa and Middle East
GlobeNewswire 2011-07-13
DENVER, July 13, 2011 (GLOBE NEWSWIRE) -- Roomlinx, Inc. (OTCBB:RMLX),
the innovative developer of hotel interactive TV applications, today
announced the signing of a memorandum of understanding regarding a
mutually exclusive distribution agreement to be entered into with
ViaMedia Proprietary Limited, a leading South African digital marketing
and wireless service provider, for the distribution of Roomlinx
Interactive HD TV (iTV) to hotels and resorts within select nations
throughout Africa and the Middle East. ViaMedia has already identified
a number of potential opportunities in certain African and Middle
Eastern countries.
ViaMedia is a multi-million dollar South African company focusing on
digital marketing and is partnered with eTV, South Africa's first
private free-to-air TV station which launched in 1998 and now provides
services to 13 African Nations. ViaMedia has relationships with hotel
and resort companies and sees strong demand for the Roomlinx iTV
Platform throughout nations in Africa and the Middle East.
"After researching hospitality products from around the world, we
decided Roomlinx offered the best product and business model," said
Garth Mackintosh, CEO of ViaMedia. "We anticipate great demand for this
product within our distribution regions and are confident Roomlinx iTV
will be well received. I am very pleased to be partnering with Roomlinx
and excited about the joint opportunity."
Roomlinx currently distributes its iTV and other hospitality products
in the US, Canada, Mexico and the Caribbean Islands with a growing
customer base currently exceeding 40,000 hotel rooms.
"We've been receiving regular inquiries about our iTV Platform from
countries around the globe," stated Michael Wasik, CEO of Roomlinx.
"ViaMedia has a great track record of success with strong distribution
ties within these regions."
About Roomlinx
Roomlinx is a leading provider of Interactive TV products and premium
digital video on demand systems for hotels, resorts, and other
properties, utilizing premium content and applications demanded by
today's traveler. For more information about Roomlinx, visit
www.roomlinx.com.
About ViaMedia
ViaMedia is South Africa's largest Wireless Application Service
provider and a leading South African digital marketing company.
ViaMedia is an experienced provider of content and entertainment to the
consumer market and has extensive partnerships and distribution
relationships into Africa and the Middle East.
Safe Harbor Cautionary Statement
Certain statements in this news release, including statements that we
"believe," "expect," "intend," "plan" or words of similar import, are
forward-looking information within the meaning of Rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act
of 1934, and are subject to the safe harbor created by those rules. All
statements, other than statements of fact, included in this release,
including, without limitation, statements regarding potential future
plans, new products and services and objectives of the company, are
forward-looking statements that involve risks and uncertainties. There
can be no assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Factors that could cause actual results
to differ materially from those in the forward-looking statements
include, among other things, the following: the company's successful
implementation of the new products and services, demand for the new
products and services, the company's ability to successfully compete
against competitors offering similar products and services, general
economic and business conditions; unexpected changes in technologies
and technological advances; ability to commercialize and manufacture
products; results of experimental studies research and development
activities; changes in, or failure to comply with, governmental
regulations; and the ability to obtain adequate financing in the
future. This information is qualified in its entirety by cautionary
statements and risk factors disclosure contained in certain of the
Company's Securities and Exchange Commission filings available at
http://www.sec.gov, which you should carefully review. Roomlinx does
not assume any obligation to update or revise any forward-looking
statements, whether as the result of new developments or otherwise.
CONTACT: Megan Corey
Roomlinx
(720) 880-5155
mcorey@roomlinx.com
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