|
Orbit E-Commerce Signs Agreement With Colebrooke Capital Inc.
TORONTO, March 29 /PRNewswire-FirstCall/ -- Orbit E-Commerce Inc. (BULLETIN BOARD: OECI) , an IPTV (Internet Protocol Television) Development Company, announced today that it has signed an agreement with Colebrooke Capital to assist in the strategic repositioning of the Company to include an evaluation of potential partnerships and or joint ventures that may be available to Orbit E-Commerce Inc.
In commenting on these new developments Orbit's Chairman and CEO, Mr. Douglas Lloyd said: "We are moving ahead in a strategic direction which we expect will benefit the shareholders of OECI. Our focus is on securing relationships which can leverage IPTV technologies in an effort to bring PureNet.TV to a broad market."
Colebrooke will concentrate on evaluating Internet Service Providers (ISP) that offer high speed Digital Subscriber Line (DSL) services that can accommodate the Company's IPTV technology. Orbit's management believes that a well organized launch of PureNet TV in association with a strategic partner will allow the Company to access greater capital resources.
About OECI
Orbit E-Commerce Inc. was established in 2000 for the purpose of capitalizing on management's vision and expertise in the field of Internet-based communications systems, products, and services. OECI recently announced the acquisition of the IPTV business of PureNet.TV which will allow OECI to extend its communications vision and expertise into the market for IPTV video/internet services which is poised to experience rapid growth.
For more information about OECI, see the Company's web site: http://www.orbitecommerce.com/.
This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com/.
Orbit E-Commerce Inc.
CONTACT: Mr. Michael Magee, Executive Assistant of Orbit E-CommerceInc., +1-416-850-7134, mmagee@orbitecommerce.com
Web site: http://www.emailwire.com/
Web site: http://www.orbitecommerce.com/
[ Back To Smart Product Home's Homepage ]
|