RTG Ventures Updates on Company Review
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/13/11 -- RTG Ventures, Inc. (OTCQB: RTGV) -- Earlier this week RTG Ventures, Inc. announced a review of organization and technology as it enters its second year of operation, and a significant shift has already taken place. While the company will continue its operations in the European market, the organization will be streamlined under the leadership of Reggie James, Senior VP, Marketing, Communications, and Managing Director of Digital Clarity. Dominic Hawes-Fairley has stepped down as the focus has moved to a more US-centric approach as outlined in the Letter to Shareholders issued August 1, 2011. Now that the disruptive technology development has migrated into the Company, the next step is the integration of the various business segments to provide the most cohesive proposition to the consumers.
Reggie James added, "Digital Clarity has a bright future for its service offering worldwide and especially with new partners in the USA. Adding the CloudChannel brand into our portfolio, with the ability to shape and ramp up the product offering, makes for quite a potent mix. The demands of the company are now different and we need to re-align our focus on revenues and on the world's single largest entertainment market, the US."
SAFE HARBOR PROVISIONS
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
Investor Relations Contact:
David Marioni
First State Internet Services
Wilmington, DE 19804
302 983 8196
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Datum: 13.10.2011 - 14:09 Uhr
Sprache: Deutsch
News-ID 75911
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