SOURCE: Global Triad, Inc.

March 29, 2007 14:01 ET

Global Triad, Inc. Announces Plan to Build a Broadcast Television Network

FT. LAUDERDALE, FL -- (MARKET WIRE) -- March 29, 2007 -- Global Triad, Inc. (PINKSHEETS: GBTD) today announced its plans to build a 24/7 Digital Broadcast Television Network. This decision moves Global to not only be a service provider but a content provider for those independently owned and operated television stations as well as deliver independently produced quality content with a network that will be focused on quality family friendly programming. Global intends to deliver advertisements to consumers through this and its unique television media syndication model including its new media outlets www.IPTVEN.com, which will also be a 24/7 Internet streamed online network.

This is to provide free over-the-air programming to television viewing audiences in the communities served by local affiliate television stations. Global plans to deliver programming 24 hours a day, seven days a week, which will allow the affiliates to have access to programming throughout the day.

CEO Carl Olivieri says, "I believe that we are in a unique position to gain a wide viewing audience with this model, and with the widely available independently produced content we have an opportunity to build this to 50 million viewers between the two distribution outlets in a fairly short amount of time."

About the CEO: Carl Olivieri is the Former Executive Vice President Affiliate Relations/Programming for Urban Television Network. Urban was the only broadcast television network with 70 broadcast station affiliates focused on the urban market with an emphasis on the African American and English Speaking Hispanic demographic. During Mr. Olivieri's tenure with Urban he grew the affiliate base to more than 22 million broadcast and cable television homes. And with his connections in the independent production circuit brought top quality family friendly programming such as Latin Eyes www.latineyes.tv, an Emmy award-winning program, and Pacific Fusion TV www.pacificfusiontv.com.


SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. A forward-looking statement made by the parties is not a guarantee of future performance. This news release includes forward-looking statements, including 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 the parties 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.

Contact Information

  • For information contact:

    Global Triad, Inc. Investor Relations
    Phone: 817-289-0304
    Email: Email Contact