Stockreporter.de Announces Investment Opinion on Digital Video Display Technology Inc.; Releases Updated Investment Opinion Regarding Digital Video Display Technology Inc

Business Wire, Nov 16, 1999

NEW YORK--(BUSINESS WIRE)--Nov. 16, 1999--

Confirms its Conservative Share Price Target of $6.00 in the

First Year and More Than $20 for 2001

"Today's release was very promising and therefore had a strong impact on the share price," said Stockreporter's Dennis C. Hass. "Both the acquisition of SCSI and the successful negotiations with NeTune stresses the Company's powerful industry relationships and impressive management team which virtually ensure immediate success and its products are platforms for huge long-term growth, an extraordinary investment opportunity! Initially, DVDT's proprietary technology will revolutionize the jukebox industry with its interactive, audio-visual `DVD "Juke" System' linked to a satellite server network, the `DVD Satellite System.' With net earnings projected to exceed $4.5 million by 2000 we confirm our share price target to at least $6 growing easily to $20 in 2001 which in case of this tremendous growth potential seems to be even very conservative." Mr. Edmondson, Chairman & CEO of DVDT explained: "The SCSI acquisition will represent an important strategic position for the company as it will give DVDT control of the entire intellectual property portfolio of SCSI along with, industry relationships and precedent setting content licenses that will help build our position as a premier location-based provider of entertainment and marketing content. With all of this within our portfolio, we will be able to provide our shareholders the maximum opportunity for value as we prepare a worldwide launch of our audio/video entertainment platform." Furthermore, Mr. Edmondson explained: "Additional issued patents in Canada, an international patent application under the Patent Corporation Treaty in more than 50 countries for computerized audio/video jukeboxes, an approved patent application for Europe, and a broad patent disclosure approved for patent in India -- representing more than 100 individual claims of invention will also be acquired. These, combined with the patent disclosures currently being made by DVDT, serve to confirm our belief that our audio/video entertainment platform DVDT System along with our expanding product line will be well-protected in the global marketplace."

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