Published: July 26, 2004
Global Triad Announces Installation of Their Wireless High-Speed Broadband Technology in Sherman Oaks, California
Demonstrations of Their Video On Demand Technology Will Be Live to the San Fernando Valley in Less Than 20 days
GLOBAL TRIAD, INC. , traded
on the Over the Counter Pink Sheets, announced today that Global TV, INC.,
a wholly owned subsidiary of Global Triad, is presently installing their
fourth live territory at the Sherman Oaks, California Studios. Global TV's
high-speed 80211G wireless Internet technology will be live in less than 20
days and fully operational to demonstrate wireless broadband and Video on
Demand (VOD), with VoIP capabilities that will be marketed to the San
Fernando Valley residential and corporate end users. Global Triad
anticipates high growth and revenues to begin within 30 days.
Anthony Mellone Jr., Executive Vice President of Global Triad, stated, "We
have had many requests from California to demonstrate our 'Triple Play'
technology." Mr. Mellone continues by saying, "There are many companies in
California offering different forms of Internet technologies, but I believe
no one can deliver what we have at the price point we can offer to the
Hospitality, Corporate, and residential customers."
Global Triad recently relocated their corporate offices to Ft. Lauderdale,
Florida. The decision to consolidate its offices streamlines its operations
and greatly reduces its overhead.
About Global TV
Global TV Incorporated (GTV) is a subsidiary Florida Corporation under
Global Triad, Inc., Located in Ft. Lauderdale, Florida. It is the Company's
intent to become a leading telecommunications force in the Voice over
Internet Protocol (VoIP), and Video on Demand (VOD) sectors by offering to
its customers a one billing system that delivers a wholesale entertainment
center throughout the Internet. (GTV) utilizes end-to-end wireless digital
communications systems that combine Internet Protocols (IP) and proprietary
digital devices along with TV entertainment at one low cost to the end
user. The company will offer over wireless high-speed networks a "Triple
Play" consisting of Voice over Internet telephony (VoIP), high-speed
Internet data delivery and true Video-On-Demand (VOD). Both the Internet
and VOD will be accessible through the consumer's television. The VOD
content will appear at 30 frames-per-second, the industry standard for
television.
Safe Harbor Provision
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 Global Web TV,
Inc. 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.
Company web site: www.globaltriad.net
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