SOURCE: Convenience TV Inc.

August 23, 2010 09:00 ET

Convenience TV Reaches the One Million Viewership Milestone

LOS ANGELES, CA--(Marketwire - August 23, 2010) -  Convenience TV Inc. (OTCBB: CRPZ) has achieved a viewership milestone with the completion of its latest network installations.

"We have now expanded to 28, the number of retail outlets in the greater Los Angeles area," said President and CEO Mr. Norman Knowles. "This is an exciting moment for us at Convenience TV, as our newest client base offers the company a monthly audience of over 1 million viewers.

"The company plans steady growth with an ever-expanding audience. We will establish another 20 locations in the near future, moving towards our short-term goal of 100 installations in the Los Angeles area by the end of the first quarter next year," he said. "Then we'll look forward to expanding operations throughout the California region and other top 10 DMAs."

About Convenience TV Inc.

Convenience TV is focused on the Convenience Store Industry and provides their clients with an "in-location" TV network. The Network is designed to deliver both entertaining content and targeted advertising on a demographic basis to each retail location. In addition, the Network delivers promotional advertising tied to products within the retail location. The programming can be up-dated quickly and is tailored to meet the specific clients' need for increased sales, customer enjoyment and brand reinforcement.

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to steady growth with an ever-expanding audience, that the company will establish another 20 locations in the near future, that there may be 100 installations in the Los Angeles area by the end of the first quarter next year, or expanding operations throughout the California region and other top 10 DMAs.

Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Convenience TV's products, the competitive environment within the industry, the ability of Convenience TV to continue to expand its operations, the level of costs incurred in connection with Convenience TV's expansion efforts, economic conditions in the industry and the financial strength of Convenience TV's customers and suppliers. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's recent current reports on Form 8-K, our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic and current reports filed from time to time with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Convenience TV
    Email: info@cstorenet.com
    1-877-331-8777
    248 Main Street
    Venice, CA 90291