July 25, 2006 – BusinessWire - Infotec Business Systems (OTCBB IFTC) (“IFTC”) is proud to announce the launch of its new, proprietary, worldwide channel directory. www.wavelit.com (“Wavelit”) will be a global hub to channels from around the world as well as from, right here, in North America. The sites easy navigation is expected to make channel surfing on your television a thing from the past. Surfing the net is the way of the future; Wavelit is a testament to this and will ensure that users will be able to view programs on demand with a great clarity.
Building from the incredible success of the company’s famed “EagleCam”, Wavelit will feature a full spectrum of channels containing live wildlife experiences, children’s educational programming, the finest in financial news, and movies that would normally not be available to such a large audience. Wavelit will cover international film festivals and display a quality that Hollywood sometimes lacks in lieu of large budgets. Wavelit will feature the best in sports entertainment making local and global events such as cricket matches, professional rugby, Ivy League sports teams and extreme sports all accessible from the comfort of your own home. With most of these events never reaching your television, Wavelit provides you with a front row seat. This site is not only about showing programs it is about giving opportunities. Wavelit displays programs that provide viewers with a chance to experience the world on a virtual boarding pass.
Arthur Griffiths, Infotec’s President and CEO commented; “Why pay for expensive satellite and still be limited when you can just tune in online?” He went on to say that, “I am particularly excited about a special feature within Wavelit; Nextposure. Nextposure will include the best in global music videos as well as top news stories that again, you would not be able to keep current on by tuning into MTV or even CNN for that matter. Nextposure’s many avenues will include a place for new artists to be discovered, a chance to view sold out concerts live and even more. We are the unprejudiced media company built for the world with programming from around the world. Why channel surf when the world’s best programming is available by surfing Wavelit?”
About Infotec Business Solutions, Inc.
Infotec Business Systems, Inc., through its wholly owned subsidiaries Galaxy Networks Inc., Stream Horizon Studios Ltd. During the second quarter of 2006, Infotec plans to roll out its proprietary multi-channel, broadband full service television network under a fresh new brand. Infotec is in the final development stages of this advertising-driven content delivery engine that will offer a variety of on-demand television to viewers via set-top box. Infotec has fully tested its new point of presence location in the Quinby Building in Los Angeles, California – firmly establishing a foundation for the delivery of our services on a global scale. The site provides Infotec the ability to directly access all major Internet carriers and hundreds of Satellite TV stations, enables operations to be quickly scaled to meet future demands and dramatically reduces the cost of content delivery.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that
these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities, and the unpredictable nature of business risks; as well as the ability to establish and grow brand awareness of IFTC and other factors set forth in the Company's most recently filed SEC reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
Contact: Investor Relations
Maplehurst Capital Corporation
Richard Hull CEO 305.347.5152
Infotec Business Solutions, Inc.
Arthur Griffiths, 604.484.4966