CybeRelease: (OTC: ILVL) Gets Exclusive Agreement with Beijing Northern Taxi
(CybeRelease, June 7, 2007) - i-level Media Group Inc. (OTC BB: ILVL) announced that it has signed a contract with Beijing Northern Taxi (Beijing Ltd) to begin installing the i-level Mobile Media Network in Chinaís capital city.
i-level Media Group and Beijing Northern have signed a cooperation agreement which grants i-Level the exclusive rights to operate liquid crystal display (LCD) based advertising display units (ADU) in 3200 Beijing Northern taxis operating in central Beijing. This marks i-level Media Groupís initial entry into the Beijing market. The cooperation will begin with the initial terminal installations set to roll out in July 1st 2007. During the initial stage of the installations Beijing Northernís management, the taxi drivers and passengers will be surveyed to ensure maximum success of the program.
This entry into Chinaís capital marks a major milestone for i-level as Beijing is critical to the success of i-levelís national mobile media network strategy. As i-level completes its current contract with Jin Jiang Taxi in Shanghai, the Beijing Northern contract and other imminent contracts will allow i-level to continue its rapid growth and anticipated introduction of 1000 new screens in operation per month. Furthermore, contracts such as this one will allow i-level to reach its goal of approximately 10,000 screens in operation by the beginning of 2008 as well as grow its revenues exponentially as it continues to gain market share and penetrate new metropolitan.
To read the complete release, go to http://biz.yahoo.com/pz/070607/120985.html
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