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Freedom Energy Holdings/Launch TV Network Announces Distribution and Licensing Agreement With NetRange MMH GmbH With the Potential of up to 8 Million Subscribers
|By Marketwired .
|July 21, 2014 12:41 PM EDT
FORT WAYNE, IN -- (Marketwired) -- 07/21/14 -- Freedom Energy Holdings, Inc. (OTC: FDMF) CEO Brian Kistler, with its wholly owned subsidiary Launch TV Network Company, Inc., today announced the following "launch" of Launch TV's integration via NetRange to the Smart TV Portals.
As negotiated through the European Television Guild, NetRange will include Launch TV in the basic (bundled channels) channel package. According to the agreement, NetRange shall integrate Launch TV to the Smart TV Portal paying Launch TV .05EUR per subscriber per month.
The term of the agreement is a 3 year license with NetRange MMH GmbH to distribute Launch TV via web-based and/or device-based Smart TV portals on TV Sets, set-top boxes, Blu-Ray players, routers, HDMI dongles, handheld devices, and Smart Phones for a non-exclusive worldwide distribution. NetRange currently has access to approximately 8 million devices. The exact numbers of subscriptions and speed of the rollout has not been determined, however the rollout will begin in August 2014.
NetRange MMH is noted as the largest independent provider of Smart TV portal solutions in Europe! In regards to Smart TV sets, according to a report from the researcher NPD In-Stat predicts that 100 million homes in North America and Western Europe will own television sets that blend traditional programs with internet content by 2016.
Brian Kistler stated, "The progress of Launch TV just continues to amaze me. I am truly thankful for the continuous and tireless efforts of Maureen Cooper, our CEO and her staff. The partnership with the European Television Guild, has opened the European markets up wide with other opportunities to come. Launch TV and this agreement with NetRange, is a real game changer for our company.
"The viewing area for Launch TV has exploded to over 23 US markets on local TV and/or cable, on Roku, and via iPoint TV on iPad, iPhone, Android, Smart TV devices and more, reaching over 32.7 million homes. Additionally, it is a real statement as to the quality of the content we offer as we have now entered Dallas, Texas the #5 market in the USA with our, previously announced, new TV Broadcast affiliate, KAZD in Dallas/Fort Worth TX, on channel 55.4 viewership reaching up to 2.5 million households.
"I hope to be able to bring further announcements regarding the other divisions of the company in the very near future. I am confident that the direction of the company will be made clear very soon as we make known the true value of the company's technology and Subsidiaries," concluded Kistler.
NetRange is the global provider of white label, brand independent Smart TV portal solutions. NetRange operates integrated worldwide full-service Smart TV portals for major clients such as Sharp, Loewe, Vestel, Changhong and HD+ (a subsidiary of SES Platform Services). NetRange is also one of the world's most successful service providers for the development of Smart TV applications and services. Working for clients like major TV broadcasters, global sport series and leagues, kids and fitness content providers, music portals, a wide choice of VoD service and other video content providers. NetRange offers a full-service development, implementation and portal integration not only for its own portal, but also for other current leading Smart TV portals, such as Samsung, LG and Philips. More information can be found at www.netrange.com
About Launch TV Network Company, Inc
Launch TV Network Company, Inc. is a new network introducing new original series and movies, including groundbreaking premier pilots never been seen on TV before. Launch TV is a full entertainment network, with sports, cooking, music and Saturday morning cartoons for kids, as well as Church programs for early morning Sunday. Launch TV -- where the audience counts! Launch TV can be found Live on: www.mylaunchtv.net
ABOUT FREEDOM ENERGY HOLDINGS, INC:
Freedom Energy Holdings, Inc. (OTC: FDMF) is a diversified holding company that specializes in the identification and development of technologies with commercial applications. Current technologies under development are KC-9000 and SR-139. Subsidiaries in operation are Launch TV Network, Inc and Global Medical Marijuana Forum, Inc. More information can be found at www.freedomenergyholdings.com
FORWARD LOOKING STATEMENT -- This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning it expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in company's public announcements.
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