Global Triad, Inc. Announces Plans to Produce 24-Hour Cable Vehicle Network
Global Triad, Inc. Announces Plans to Produce 24-Hour Cable Vehicle Network
Global TV, Inc. Will Begin Production by Mid March
FORT LAUDERDALE, Fla., March 1 /PRNewswire-FirstCall/ -- Global Triad, Inc. (Symbol: GTRD), traded on the Over The Counter Pink Sheets, announced today that Global TV, Inc., a wholly owned subsidiary of Global Triad, is launching its new television commercial production series. The series will be aired on one of the major local cable channels. Negotiations are in their final stages for the 24-hour Vehicle Network programming, and it is anticipated that programming will begin on or before April 1, 2005.
Global TV has been successfully consummating commercial contracts with local companies in the automotive industry in addition to producing the recently completed Industrial Commercial Production for Pit Bull Energy Drink. Pit Bull is making its mark in the fast growing premium "energy drink" beverage market segment. Estimated at more than $600 million in the U.S. alone, energy drinks account for global sales in excess of $2 billion. (http://www.bigdogdistributors.com/) (http://www.hiphopbev.com/)
Global TV is looking forward to a successful and profitable launch of its production and commercial capabilities with plans to expand its Vehicle Network Nationwide.
About Global Triad
Global Triad Incorporated (GTI), trading on the Over The Counter Pink Sheets under the symbol GTRD, is a holding company with its headquarters in Ft. Lauderdale, Florida. It is the Company's intent to become a leading force in the digital communications sector through a combination of organic growth and mergers or acquisitions of complementary businesses. At this time, GTI owns and operates three subsidiaries, Global TV, Inc., (GTV); Global WiFi Plus, Inc., (GWPI); and Global Telco, Inc., all Florida Corporations. The primary business of GTV is the aggregation and delivery of a wholesale, end- to-end wireless digital communications system and TV Production utilizing both Internet Protocols (IP) and proprietary digital devices. The primary business of GWPI is the installation, operations, and customer support of Global's next generation 802.11 "WiFi Plus" wireless high-speed broadband technology. The primary business of Global Telco, Inc. is to manage the sales, marketing, and support of GTI's telecommunications and VoIP products. The company will offer over wireless high-speed networks a "Triple Play" consisting of Voice over Internet telephony (VoIP), high-speed Internet data delivery and true Video- On-Demand (VOD). Both the Internet and VOD will be accessible through the consumer's television. The VOD content will appear at 30 frames per second, the industry standard for television. Global Triad recently announced the acquisition and worldwide rights to a proprietary compression technology that will significantly reduce the cost of bandwidth required for VoIP.
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 Global Triad, Inc. is not a guarantee of future performance. This news release includes forward-looking statements, including those 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 Global Triad and Global TV, 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, the availability of technical personnel, changes in technology and competition.
For Investor Relations information, Contact: Harrison, Elliott, & Brown LLC Henry Harrison (407) 862-5151 hharrison@insidewallstreet.comhttp://www.insidewallstreet.com/
Worldwide Financial Marketing, Inc. 954-360-9998 info@wwfinancial.comhttp://www.wwfinancial.com/
Company web site: http://www.globaltriad.net/
Source: Global Triad, Inc.
CONTACT: Investor Relations, Henry Harrison, Harrison, Elliott, & Brown LLC, +1-407-862-5151, or hharrison@insidewallstreet.com; or Worldwide Financial Marketing, Inc., +1-954-360-9998, or info@wwfinancial.com, both for Global Triad, Inc.
Web site: http://www.globaltriad.net/ http://www.bigdogdistributors.com/ http://www.hiphopbev.com/
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