April 03, 2000 05:31am
New Frontier Media's IGallery Division Launches TeN.com
Source: New Frontier Media, Inc.
by: Company Press Release
(BOULDER, CO) -- New Frontier Media, Inc. (Nasdaq: NOOF - news), a leader in the electronic distribution of adult entertainment, announced that its wholly owned subsidiary, Interactive Gallery, Inc. (``IGallery''), has made TeN.com(TM), available to its base of more than 20,000 affiliated Webmasters. TeN.com represents the first major joint venture between the Company's broadcast and Internet divisions. Designed exclusively for broadband distribution, TeN.com delivers rich multimedia content including full-length video clips in a true video-on-demand environment.
According to Gregory Dumas, President of IGallery, ``Through our Webmaster affiliates, we're providing consumers with a unique adult broadband experience that has never been seen. Coupled with aggressive deployment of high-speed Internet technologies, we see a tremendous opportunity to tap into a rapidly growing number of Web surfers utilizing high-speed Internet connections.''
The Company also announced it expects to open the revenue sharing model that TeN.com represents to the cable and direct satellite broadcast (``DBS'') environment very soon making it the first adult media property to cross multiple distribution platforms. ``Our plan is to extend our marketing campaigns across multiple media platforms to drive sales of subscriptions and pay-per-view revenue, and at the same time provide a vehicle in which our Webmaster affiliates and cable/DBS partners can participate,'' added Dumas.
About New Frontier Media, Inc.
New Frontier Media, Inc. is a leader in the electronic distribution of adult entertainment with an unparalleled library of content. Through its television subsidiary, the Company distributes adult entertainment via pay-per-view and subscription cable/satellite video networks. Cable/DBS networks include Pleasure(TM), the most-edited standard available in the category; TeN, The Erotic Network(TM), which incorporates a partial-editing standard and Extasy(TM), the least-edited standard.
Through its Internet subsidiaries, New Frontier Media designs, creates and implements Company-owned subscription/membership-based web sites for the adult Internet consumer markets. It also operates Internet traffic sales and acquisition programs for the adult webmaster community. In addition, the Company serves as a single source for a comprehensive range of high-performance Internet products and services, including transaction processing, dedicated access, web hosting, co-location, e-commerce application development, streaming media, and bandwidth management. New Frontier Media's network infrastructure enables the delivery of live and on-demand video events to millions of Internet users.
For more information contact Keely Hawk, VP Corporate Communications at 303-444-0900, extension 145.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of Securities & Exchange Act. The Company intends forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. All statements regarding the Company's expected financial position and operating results, its business strategy its financing plans and the outcome of any contingencies are forward-looking statements. The forward-looking statements are subject to risks, and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements.
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