FM-SCA Technology Deployment for Haiti
SARASOTA, Fla., March 1 /PRNewswire-FirstCall/ -- Compress
Technologies, Inc. (Pink Sheets: CTLG.PK), a technology-based company with
patented and protected applications that improve bandwidth and Network
Topographies, announced today that Compress Technology, Inc.'s FM-SCA North
American licensee Ludwig Enterprises, Inc. (Ludwig) has entered a joint
venture partnership with Haitian American Broadcasting Corporation (HABC)
for deployment of CTLG's FM-SCA technology in Haiti. HABC, a
forward-looking broadcasting group, plans on implementing FM-SCA technology
in Port-au-Prince and Cap Haitien. Programming content will initially focus
on French, English, Jamaican, Cuban as well as other Spanish language
content, rebroadcasts of Haitian News, Talk radio and other Programming
from Miami and New York plus high definition enhanced, MPEG 3 quality,
non-traditional music channels.
Under terms of the agreement, Compress Technologies will receive
royalty payments from Haitian operations.
CTLG's revolutionary FM-SCA technology allows digital channels to be
transmitted adjacent to a conventional analogue FM broadcast signal. If you
listen to any FM radio station the number next to it is always empty.
FM-SCA technology will transmit up to (50) fifty new fully digital
broadcast channels in that unused space.
CTLG's revolutionary FM-SCA technology is currently in development and
testing. Prototype units are currently transmitting 15 digital channels
adjacent to analogue FM signals. Final product distribution is projected in
12-14 months.
ABOUT COMPRESS TECHNOLOGIES, INC. - Compress Technologies, Inc.,
(CTLG), is a Nevada-based technology company with regional offices in the
Tampa, Florida area and Engineering laboratories in Miami, Florida. CTLG
has garnered a group of Patented and protected core technology solutions
utilizing both hardware and software applications designed to greatly
improve the efficiencies of bandwidth and network topographies for the
Cable TV, FM-SCA Radio, Satellite and Wireless Industries. Many of CTLG's
technologies in short claim that they "without loss of integrity shrink the
size of digital packets to about 2% to 5% of their original size."
HD or "High Definition" radio is being introduced and advertised as the
new wave of radio. CTLG's technology goes beyond existing High Definition
to HDE (High Definition Expanded) radio. High Definition Expanded radio
offers more than just one or two new programs next to an existing FM radio
station. Currently engineers have developed FM-SCA HDE to 15 channels and
expect to soon move the capacity to (50) fifty MPEG 3 quality digital
channels.
ADDITIONAL INFORMATION about Compress Technologies, Inc., as well as
corporate structure and stock capitalization, can be viewed on the
company's web site:
http://www.coteinc.com .
SAFE HARBOR
Forward-looking statements made in this release are made pursuant to
the "safe harbor" provision of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements made by Compress Technologies, Inc. are
not a guarantee of future performance. This news release includes
forward-looking statements, including with respect to the future level of
business for the parties. These statements are necessarily subject to risk
and uncertainty. Actual results could differ materially from those
projected in these forward- looking statements as a result of certain risk
factors that could cause results to differ materially from estimated
results. Management cautions that all statements as to future results of
operations are necessarily subject to risks, uncertainties and events that
may be beyond the control of Compress Technologies, Inc., and no assurance
can be given that such results will be achieved. Potential risks and
uncertainties include, but are not limited to, the ability to procure,
properly price, retain and successfully complete projects and changes in
products and competition.
For Investor Relations information,
Contact:
Tom Terwilliger
Executive VP, Compress Technologies, Inc.
305-628-9082
investor_relations@coteinc.com
John Medico
CEO, Compress Technologies, Inc.
941-373-1335
ceo@coteinc.com