Business Services Industry
Digital Video Display Technologies Corporation Announces the Acquisition of Max Appeal Designs
Business Wire, March 30, 2000
Business Editors
NEW YORK--(BUSINESS WIRE)--March 30, 2000
Digital Video Display Technologies Corp. (OTCBB:DVDT) announced the acquisition of Max Appeal Designs today.
Max Appeal Designs is a Southern California technology company specializing in cutting-edge graphic and multimedia development, portable applications (Webcards), Web site design and DVD/CD technology development. Current business clients include Disney, Soundelux, Honda, Warner Bros. Music and Ricoh Camera.
The acquisition of Max Appeal provides Digital Video Display Technologies with three critical new technologies: a state of the art graphic design department, a proven software/hardware development team, and a successful portable application (Webcard) division. Webcards are interactive media disks (DVD/CD) that are stand alone or linked to clients' Web sites.
Max Appeal will become part of the Technology and Networks Division at Digital Video Display Technologies, located in El Segundo, Calif.
About Digital Video Display Technologies Corp.
Building upon patented and proprietary computer technology, Digital Video Display Technology Corp. is a "jukebox replacement" system offering a remote media retail "One Stop Shop" that provides convenience, customized products, and the "Power of Choice." Unlike other media outlets, DVDT does not "force feed" consumers, instead, DVDT caters to their impulsive appetite reaching targeted consumers within the location-based hospitality/entertainment industries (bars, theme restaurants, etc.) with desirable customization of demographically formatted music and video content, coupon distribution, advertising, point-of-purchase targeted marketing and merchandising content, and on-site e-commerce transactional opportunities related to artist merchandise or other consumer products.
NOTE: Safe Harbor for Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of prices, product demand, market compensation, risk inherent in the company's international operations, imprecision of reserve estimates and the company's ability to replace and expand reserves.
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