SOURCE: RTG Ventures Inc.

May 06, 2010 12:16 ET

RTG Ventures Announces CloudSphere Partner Network

NEW YORK, NY--(Marketwire - May 6, 2010) -  RTG Ventures (OTCBB: RTGV) has announced CloudSphere Partner Network, a new partner program to extend the capabilities of the Media Monetization Platform being developed for media rights owners by its subsidiary, Cloud Channel Ltd. CloudSphere partners will add value to Cloud Channel's unique model that enables live music video rights owners to control and monetize their assets through internet and mobile internet distribution.

Dominic Hawes-Fairley RTG Ventures' President, commented: "The CloudSphere Partner Network means we'll able to offer a 360 degree service to media rights owners including full production capability, marketing services, and more. Our partners will also be referring business back in to the platform. It's a genuine win-win situation, and we expect to be able to announce our first partners within two weeks. We have a unique proposition which will be explained in detail on our new website, which has been developed by our sister company Digital Clarity, and is in its final testing stage before launch over the next few days."

About RTG Ventures Inc.

RTG Ventures Inc. is a media and payment systems technology company with an aggressive business model to grow unique and highly profitable services, both by organic growth and by acquisition. RTG Ventures is targeting niche markets in the areas of Web-TV with embedded internet and mobile payment solutions. World-leading exclusive technology underpins RTG Ventures' platforms making them very scalable for Video on Demand (VOD), linear broadcasting and live broadcasts. At the heart of RTG Ventures' is a media monetization platform, while payment systems divisions will provide cutting-edge credit, debit, and e-cash payment services to e-commerce and mobile commerce merchants. RTG Ventures will create a clear differentiation and advantage over other broadcast platforms by embedding its payment solutions seamlessly into its online media platforms allowing its customer to monetize digital assets with no further integration of financial systems. Furthermore, through its retail sales channel, BMC, RTG Ventures will be able to brand and productize its media offerings for sale through traditional retail outlets. RTG Ventures' strategy for each initiative is to maximize ROI for all stakeholders.

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