SOURCE: RTG Ventures Inc

March 05, 2010 09:42 ET

NMTV Adds Another Acquisition to Mix -- Digital Marketing Company

NEW YORK, NY--(Marketwire - March 5, 2010) -  RTGV (OTCBB: RTGV): NMTV has signed a letter of intent to acquire a leading UK digital marketing company with a blue chip client list and recognized industry leaders in its executive team. NMTV intends to complete the acquisition within 2 weeks and full details for the company will be announced at that time.

Dominic Hawes-Fairley, NMTV's President-designate said: "Digital marketing services sit at the core of the media model we've been developing and being able to attract such good quality talent is a testament to the power of our vehicle. Within a very short space of time, we expect to be able to announce another landmark acquisition which we are also intending to complete before we close our first round at the end of this month."

Linda Perry, RTGV' s CEO has been in London since mid-February and will travel back to New York followed by Los Angeles in preparation for the close and launch of NMTV, Inc.

About NMTV: RTGV, through NMTV, is an online media and electronic payment systems provider with an aggressive business model to grow unique and highly profitable consumer and business services both by organic growth of current assets and by acquisition. NMTV is targeting niche markets in the areas of Web-TV with embedded internet and mobile payment solutions. World-leading exclusive multicasting technology underpins NMTV's broadcast platforms making them very scalable for Video On Demand (VOD), linear broadcasting and live broadcasts. Two media platforms are being developed, while payment systems divisions will provide cutting-edge credit, debit, and e-cash payment services to e-commerce and mobile commerce merchants offering significant savings over current payment methods. Through Web-Pay and iPayu, embedding its payment solutions seamlessly into its online media broadcasting platforms will create a clear differentiation and advantage for our Company over other broadcast platforms, allowing its customer to monetize digital assets with no further integration of financial systems. Furthermore, through its retail sales channel, BMC, NMTV will be able to brand and productize its media offerings for sale through traditional retail outlets. NMTV's strategy for each initiative is to maximize ROI for all stakeholders. For RTGV's available Due Diligence, visit our website at: www.rtgventures.com

Safe Harbor Provisions: The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.

Contact Information

  • Investor Relations Contact:
    RTG Ventures, Inc.
    917 488 6473