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CNCM.OB

Started by kslifka, June 11, 2007, 02:39:09 PM

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kslifka

Keep a watch on CNCM...it appears a dead stock is trying to come to life.  Was up 700% Friday :o and down only 5 to 10% today.  Big volume both days.

The company did release it quarterly report in May so it isn't dead

kslifka

CNCM...looking good.  Closed above the 9ema with great volume continuing.  I've been accumulating CNCM on the pull backs the past week.

Some news came out this afternoon.

Connected Media & endi.com Sign Content License Agreement
Wednesday June 27, 1:51 pm ET

MIAMI, June 27 /PRNewswire-FirstCall/ -- Connected Media Technologies, Inc. (OTC Bulletin Board: CNCM.OB - News), and it's NewsProNet subsidiary, one of the nations leading content providers to major broadcasters, digital and mobile platforms, today announced that it has entered into a content license agreement with El Nuevo Dia Interactive/endi.com, the leading newspaper in Puerto Rico. Effective June 15th '07, the Puerto Rico and US Hispanic market internet users on endi.com will have access to high quality video content, from in-depth investigations to lifestyle trends, health alerts, consumer news, as well as the top stories in technology, automotive, entertainment and much more.

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Mr. Jorge Escasena, VP of Sales stated, "NewsProNet creates targeted, actionable stories that attract and retain key audiences and keep them coming back for more. No project is beyond our experience or capabilities." NewsProNet not only delivers the highest quality production values but unique distribution relationships that include local broadcasters reaching 70% of the US households and online destinations.

Mr. Izzy Gonzalez, President of Connected Media added, "We are extremely exited about our new relationship with El Nuevo Dia and endi.com; as the leading "Content on Demand" provider to broadcast, internet and mobile platforms and a library of over 5000 stories we continue to deliver fresh, new and award winning content with a national network of proven production talent and Emmy award winning producers to some of today's largest global media companies.

About endi.com and El Nuevo Dia

Launched in 1997, endi.com became the first interactive version for a newspaper offered to internet users in Puerto Rico. 7 out of 10 internet users go to endi.com for local news. More importantly, it is the first and only Spanish language internet portal to launch enditv.com - Internet Protocol Television - where internet users can find videos on special segments such as Health, Technology, Fashion, and Entertainment.

El Nuevo Dia is the newspaper with the largest circulation in Puerto Rico, with a daily circulation of 205,000 copies and 240,000 on Sundays, with 1.2 million readers. It is the main source of advertising for the Puerto Rican consumer as confirmed by the readership studies conducted by the prestigious research company Clark, Martire & Bartolomeo.

About Connected Media Technologies, Inc.

Connected Media Technologies, Inc. is a sales and marketing focused digital media solutions company that offers a broad spectrum of services and solutions across current and emerging media platforms, including print, television, radio, Internet, CD, DVD and portable devices such as mobile phones and PDAs. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and to a number of additional patent applications pending with the USPTO. NMI, a Puerto Rico-based full-service marketing communications agency, is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as Royal Caribbean, Lucent Technologies, Avaya, RJR/Nabisco and Argent. Additional information about Connected Media is available on the Company's web site at www.connectedmedia.com.