Published:
Bill Gates Touts Internet as the Future of TV Delivery While Speaking in China, and Wi-Fi TV Sees Global Expansion Opportunities for Its Social Internet TV
Mr. Gates Says There Is Enough Bandwidth for Video of Any Type and Wi-Fi TV Plans China Strategy to Follow UK Announcements
Wi-Fi TV Inc. (PINKSHEETS: WTVI) said today that it
will announce its China business plan in the next few weeks following a
live online video event on Thursday, May 3rd. Shareholders and members will
interact with live video, audio and chat features during the live corporate
announcement regarding Wi-Fi TV's European expansion plans at
www.Wi-FiTV.com.
According to published reports, Bill Gates spoke about the relationship
between television and the Internet and the future of the Internet
revolution in his current trip to China.
"I'm often asked, is the technology revolution going to reach an end? And
the answer is certainly that in the decades ahead, we don't see any
limits," Gates said.
Gates cited the growing prevalence of video on the Internet as an example
of how quickly and dramatically technology improves.
"We really see no limits in terms of bandwidth, connecting these systems
together. New wireless approaches will let us reach out into rural areas,
will let us have very good, high bandwidth without wired systems," Gates
said.
And television would become fully wired.
"We see TV changing to use the Internet because now we have enough
bandwidth to do not just normal video ... but also movies or business
meetings -- video of any type. That's certainly new for the Internet," he
said.
"Five years ago we talked about music on the Internet, we talked about
photos on the Internet, but video was not a mainstream thing. Today, it's
very mainstream. For all of these things we're just at the beginning of
what technology can do.
"We see the fact that the power will just get better and better," Mr. Gates
concluded.
Wi-Fi TV Inc. believes that the comments of Mr. Gates, a renowned world
business leader, reflect accurately the changes coming about in the way the
Internet affects lives on a global level. And Wi-Fi TV Inc. believes that
its innovative live and interactive Social Internet TV service, freely
accessed at www.Wi-FiTV.com, has tremendous growth potential that can take
advantage of these developments.
Wi-Fi TV Is a Pioneer In Online TV
Wi-Fi TV Inc. has long touted the coming convergence of TV and the
Internet, and provided the first online movie in December 1995. The Wi-Fi
TV web site is the only place on the Internet where you can watch hundreds
of TV stations and chat with others watching the same program in a live
chat box directly under the viewing screen, and get breaking news for each
country and category listed, and download a dialer and make free phone
calls and host live video parties all on one web site.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides a new generation TV delivery platform that has a
geographic sphere out-distancing any traditional cable or over-the-air TV
broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include
such perks as free online phone calls and free chat and free online
parties.
Ownership of Premium Wi-Fi TV Stations is available at $25,000 (full
details are on the web site www.Wi-FiTV.com). Several financing options are
available. For further details email info@wi-fitv.com.
The Wi-Fi TV Channel Sales Blog is at
http://www.wi-fitvchannelsales.blogspot.com
The Company was launched in 1995 and has been publicly traded since
November 1997, and has been a pioneer in the delivery of video and books
over the Internet.
Press Relations
Wi-Fi TV Inc. has opened a content and technology demo room for the press
in Newport Beach, California. For further information contact Colby
Marceau, (949) 716-9397, info@wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts
contain certain forward-looking statements; as such term is defined in the
Private Security Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition and
other aspects of the company to which this release pertains. The actual
results of the specific items described in this release, and the company's
operations generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon the
best judgments of management of the company as of the date of this release,
significant deviations in magnitude, timing and other factors may result
from business risks and uncertainties including, without limitation, the
company's dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital, receipt
of revenues and other factors, many of which are beyond the control of the
company. The company disclaims any obligation to update information
contained in any forward-looking statement. Wi-Fi TV and Social Internet TV
are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names
are reserved. This press release shall not be deemed a general
solicitation. There is no relationship between Wi-Fi TV Inc. and
Microsoft® and none is implied. Wi-Fi TV Inc. does utilize
WindowsMedia® wherever possible on its web site.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Computers and Software:Internet, MediaandEntertainment:InformationServices, MediaandEntertainment:Television, Telecom:TelecommunicationServices, Telecom:Wireless, ,INTHPINK,INTHPINK,GA,BEIJING
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