Wi-Fi TV Inc. and Collectible Concepts Group Inc. Sign Strategic Relationship to Deliver Collectible Sports Videos and Products on Wi-Fi TV Global Platform
Market Wire, May, 2006
Wi-Fi TV Inc. (PINKSHEETS: WTVN) and Collectible Concepts Group Inc. (OTCBB: CCGI) announced today that they have signed a Strategic Relationship under which Wi-Fi TV Inc. will utilize its global distribution platform www.Wi-FiTV.com to sell collectible Sports products and online videos.
"Collectible Concepts will make all of its Sports collectible products available through Wi-Fi TV and will also offer exclusively on Wi-Fi TV specially created collectible product packages and hundreds of hours of CCGI online collectible Sports videos," stated Paul Lipschutz, President of Collectible Concepts Group Inc.
"We chose the Wi-Fi TV platform for exclusive delivery of our catalog of rare Sports videos because of Wi-Fi TV's ten year history of delivering video content over the Internet, and because of Wi-Fi TV's unique platform which brings TV to the Internet. In addition, every product which is licensed and sold by Collectible Concepts will be part of the launch of Wi-Fi TV's Shopping Cart which is the first ever online cart tied-in with live TV channels," Mr. Lipschutz further stated.
"Wi-Fi TV will be creating a Collectible Concepts TV Channel which will coincide with the Collectible Concepts themed portion of the Wi-Fi TV Shopping Cart. We will be the exclusive home to Collectible Concepts on-demand programming, including rare sports videos," stated Alex Kanakaris, Chairman of Wi-Fi TV Inc.
"Wi-Fi TV and Collectible Concepts will work together to derive as much revenue and generate as much interest as possible in the whole line of Collectible Concepts products and videos. Their collection of NASCAR, NFL, NHL, NBA, L.A. Lakers, U.S. Army, U.S. Navy, U.S. Marine Corps, U.S. Air Force licensed products and other unique items will be a natural fit for the many categories of topics which make up the Wi-Fi TV platform," stated Mr. Kanakaris.
"We see this as a long-term relationship. As Wi-Fi TV adds live TV channels and as Collectible Concepts adds products, both companies will benefit from the strategic alliance," Mr. Kanakaris concluded.
About Collectible Concepts
Collectible Concepts Group, Inc. develops and markets unique licensed sports and entertainment collectible merchandise for specialty, mass retail and online distribution. Nationally recognized in direct response marketing, replica design, mass-market distribution and E-commerce marketing, Collectible Concepts and its products are renowned both for quality and authenticity. Licenses include over 25 colleges and universities, including: The National Basketball Association (NBA), The National Hockey League (NHL), Arena Football, and others. For more information, visit: www.collectibleconcepts.com or www.otcfn.com/ccgi .
About Wi-Fi TV Inc.
Wi-Fi TV can be seen over the Internet in the United States, Latin America and globally. More than 200 channels of live TV programming, Country and Category specific breaking news and free voice over IP phone calls are available at www.Wi-FiTV.com . Premium services are offered exclusively to Wi-Fi TV members. Subscriptions are available for $3.95 per month or $24.95 per year on a prepaid basis. There is also a 14-day free trial so users can make sure that Wi-FiTV.com works on their computer.
Wi-Fi TV Inc. has opened a new content and technology demo room for the press in Newport Beach, California. For further information, contact Colby Marceau, 949-716-9397, info@wi-fitv.com .
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Contact: Colby Marceau 949-716-9397 Email Contact Wi-Fi TV 949-675-5011
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