ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Advanced Technetix, Inc. (Pink Sheets:AVXN) announced this morning that the Company has officially launched its newest consumer electronics creation, the VidShare™, for worldwide users of Apple’s (NASDAQ:AAPL) IPod™ digital media player. The Company has also published corresponding data sheets for the VidShare™ product.
The VidShare™ universal AV + S-video cable enables IPod™ users to display their photos, full length feature films, music videos, television shows, virtually any and all audio visual media from their IPod directly to a television of their choice. Compatible with IPod video™ and IPod Photo™, IPod users the world over can now take any video downloaded from ITunes™ or their computers’ hard drive and use the VidShare™ to make it viewable on any television. Additionally, the VidShare™ also allows IPod users to “push” their music through any standard stereo receiver.
George Stevens, Advanced Technetix’s Chief Executive Officer, commented, “Since the its introduction in October of 2001, more than 70 million IPods have been sold. The IPod, now commanding an impressive 70% share of the U.S. market for digital music players, and its user base represents a tremendous opportunity for Advanced Technetix in the future. We continue to develop simple, elegant and powerful products for those who have made the investment in the IPod platform as their preferred portable media delivery vehicle, and now want to get the most out of it. The VidShare™ is just such a product and the demand we have seen has been immediate. The company has already secured a three thousand unit purchase order from a major U.S. retailer in time for the holiday sales season.”
IPod™, IPod Video™, IPod Photo™ and iTunes™ are all Trademarks of Apple Computer, Inc. (NASDAQ:AAPL).
About Advanced Technetix, Inc.
Advanced Technetix is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of Digital Communications, Entertainment-related services and specific consumer electronics platforms.
Advanced Technetix’s AccessKey™ products, powered by the Company’s patented technology, provide complete access to the coveted “Triple Play” (voice, video and data) and “Quadruple Play” (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company’s AccessKey Home™ and portable flash drive-sized AccessKey PC™ allow subscribers to “channel surf” streaming “HD Quality” television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Advanced Technetix, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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