SOURCE: NuTech Digital, Inc.

August 28, 2007 15:25 ET

NuTech Digital Restructures Board of Directors

LOS ANGELES, CA--(Marketwire - August 28, 2007) - NuTech Digital (OTCBB: NTDL), a provider of 2-Way Video, entertainment and data services, announced today that in fulfilling terms of NuTech's recent asset purchase from Jump Communications, Inc., a new Board of Directors has been elected consisting of A. Frederick Greenberg, Richard M. Greenberg and Lee H. Kasper.

From 1962 to 1967, Mr. Fred Greenberg served as a line officer in the United States Navy, specializing in communications. From 1981 through 1984, he arranged for the acquisition and distribution of theatrically released major motion pictures including "First Blood (Rambo)" (1982), and "The Terminator" (1984). From 1990 to 1993, he conceived and oversaw development of the world's first direct digital broadcast satellite system, called SkyPix. In 1993, Mr. Greenberg and NYNEX successfully tested the use of DSL technology (DSL) to distribute full-motion video. In 1995, he developed a system for home delivery of unlimited channel capacity and 2-Way Video for NYNEX CableComms Ltd. From 1995 until 2005, he conceived and developed a fully switched broadband telephone network for realtime 2-Way Video and data, targeting enterprise, military, educational, medical and government market verticals. Mr. Fred Greenberg graduated from Harvard College in 1960. Mr. Greenberg is Richard Greenberg's brother and has worked alongside him in all things since 1972.

Richard Greenberg has engaged in various entrepreneurial enterprises. Mr. Greenberg graduated from Harvard College in 1965, and Fordham University School of Law in 1968. He served in the U.S. Navy Judge Advocate General Corps from 1969 to 1972.

Lee H. Kasper is a founder of NuTech Digital, Inc. Mr. Kasper began his career in the entertainment industry in 1982 by co-founding Image Entertainment, a publicly traded company. At Image, Mr. Kasper led the development of an international sales and manufacturing organization for the licensing, creation and distribution of laser discs. He founded NuTech Entertainment, Inc., to license, manufacture and distribute DVD products worldwide.

About NuTech Digital

A provider of 2-Way Video, entertainment and data services based in Los Angeles, California, NuTech manufactures a multi-platform set top box, the Jump, that incorporates its advanced format digital video compression as well as broadcast standards. NuTech delivers 2-way Video, unlimited entertainment channel capacity, data services, and Internet access with a single customer device. NuTech markets its products and services to the medical services market, security and surveillance market, and multiple dwelling housing and campuses.

Forward-Looking Statements

This press release contains forward-looking statements made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results, events and performance could and, in all likelihood will, vary materially from those contemplated by these forward-looking statements. Historical results may not be indicative of future performance. Readers are urged to make independent evaluations before acting on any information herein.

Contact Information

  • Contact:
    Dick Greenberg
    NuTech Digital