WESTMINSTER, Colo., July 8, 2009 (GLOBE NEWSWIRE) -- NexHorizon Communications, Inc. (Pink Sheets:NXHZ) (www.nexhorizon.us) today announced it has entered into a joint venture with Praebius Communications, Inc. (Pink Sheets:PRCM) Specific Media Group, to develop advertising revenues. The joint venture will focus on the development of advertising sales revenues, including university installations serving well over 100,000 students, with over 23,000 thirty second spots per university campus on the top cable TV networks.
"This new arrangement with Specific Media looks to be a very solid, and growing revenue source for NexHorizon," said Calvin D. Smiley, Sr., NexHorizon Communications CEO. "Praebius Communications' Ad Systems Technology is unique and targeted, and their audience is accustomed and receptive to advertising."
Praebius is scheduling another 60 campuses for installation. Many universities operate their own cable system that feed television programming to campus dorm rooms, university housing, classrooms, offices and public areas that serve a campus' total population. Cable TV programming like CNN, ESPN, MTV and TBS can be seen in lounge areas, including student union areas, lobbies, and many other public areas on campus. This audience includes University faculty, students, and visitors on campus.
NexHorizon recently revealed it had signed an advertising representation agreement with Player's Network (OTCBB:PNTV), a Global Digital Media Network dedicated to Las Vegas Entertainment and Gaming Lifestyle, producing and distributing original content for its own televised network of over 140 million television homes worldwide, and extensive broadband distribution on platforms such as Hulu, Google, and Blinkx.
About NexHorizon Communications, Inc.
NexHorizon Communications, Inc. (Pink Sheets:NXHZ) is focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. On January 1, 2008 NexHorizon Communications acquired the assets of Chula Vista Cable, LLC and the stock of National City Cable, Inc., which we renamed NexHorizon Broadband of Southern CA, Inc. ('NBSC').In October 2008, NexHorizon Communications executed a definitive agreement to acquire certain assets and subscribers from Story Communications, passing more than 10,000 homes in the rural communities of Oklahoma. NexHorizon is focused on delivering a true "triple-play" of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and other related broadband solutions. The Company plans to acquire additional rural cable television systems and synergistic technology to assist in executing its Strategic Business Plan.
About Praebius Communications, Inc.
Praebius is a digital media and video communications Company. It develops and deploys technology into the cable TV and IPTV markets.
SAFE HARBOR STATEMENT
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by NexHorizon Communications, Inc. (NexHorizon) may differ materially from these statements due to a number of factors. NexHorizon assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.