FM-SCA Technology to be Deployed in Mexico
CTLG’s revolutionary 50 channel HDE broadcast technology to be deployed in major Mexican FM- Radio markets.
Sarasota, FL, February 27, 2007 --(PR.com)-- Compress Technologies, Inc. (OTC: CTLG.PK), is a technology-based company with patented and protected applications that improve bandwidth and network topographies. CTLG’s North American FM-SCA licensee, Ludwig Enterprises, Inc. (Ludwig), has entered a joint venture partnership with New Century Services, Inc. for deployment of CTLG’s FM-SCA technology into Mexico. New Century Services, Inc. a forward-looking broadcasting group plans on implementing CTLG’s revolutionary 50 channel broadcast technology in major Mexican markets. Programming content will initially focus on talk radio including a Mexico originated channel devoted to US Immigration polices and activities, political talk radio – one channel for the PRI, one channel for the PRD and one channel for all other political parties, a religious channel, a Ranchera channel, educational channels, English language channel, channels in Haitian, Jamaican, Cuban and Caribbean languages, as well as native Indian languages of Mayan and Nahuatl, and high definition enhanced non-traditional music channels.
Under terms of the agreement Compress Technologies will receive royalty payments from Mexican operations.
New Century Services intends initially to focus FM-SCA deployment in Mexico City, Acapulco, Puebla, Veracruz, Cancun, Merida, Monterrey, Toluca and Salina Cruz. Network broadcast of up to 50 channels could be deployed in the top 10 Mexican markets yielding FIFTY times TEN or 500 channels of new programming.
CTLG’s revolutionary FM-SCA technology is currently in development and testing. Prototype units have transmitted digital channels adjacent to analogue FM signals. 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 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: 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.
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Under terms of the agreement Compress Technologies will receive royalty payments from Mexican operations.
New Century Services intends initially to focus FM-SCA deployment in Mexico City, Acapulco, Puebla, Veracruz, Cancun, Merida, Monterrey, Toluca and Salina Cruz. Network broadcast of up to 50 channels could be deployed in the top 10 Mexican markets yielding FIFTY times TEN or 500 channels of new programming.
CTLG’s revolutionary FM-SCA technology is currently in development and testing. Prototype units have transmitted digital channels adjacent to analogue FM signals. 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 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: 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.
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Contact
Compress Technologies, Inc.
Thomas Terwilliger, Ex. V.P.
305-628-9082
www.coteinc.com
John Medico
941-373-1335
ceo@coteinc.com
Contact
Thomas Terwilliger, Ex. V.P.
305-628-9082
www.coteinc.com
John Medico
941-373-1335
ceo@coteinc.com
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