VAN NUYS, Calif., Oct. 11, 2006 (PRIMEZONE) -- NuTech Digital, Inc. (OTCBB:NTDL), a diversified media and entertainment company, today announced that the Company has secured an agreement with MusicGiants, the leader in HD music downloads, to distribute eighteen classical and ballet musicals as well as eight concerts in High Definition.
Included in the live concert footage are artists such as Macy Gray, Fat Joe live in Anaheim and D12 live in Chicago. The classical collection includes Tchaikovsky's well-known and popular "Swan Lake" as well as works by Chopin, Beethoven and Brahms. MusicGiants will provide the newly acquired material in 480p, 720p, 1080i, and 1080p formats.
"MusicGiants provides a tremendous medium through which we can present our Platinum Series of concerts in High Definition. Through this partnership with MusicGiants, NuTech Digital is entering the very lucrative Direct-to-Consumer market of digital content distribution, creating an entirely new revenue stream for the Company. Due to MusicGiants' customer base, we anticipate experiencing a surge in the distribution of our high definition video concerts," stated Lee Kasper, Chief Executive Officer of NuTech Digital.
Commenting on the agreement with NuTech Digital, Scott Bahneman, CEO, MusicGiants, stated, "This agreement provides our customers with an even broader range of exceptional content. We continue to build collections of the finest material in the highest quality audio and video."
MusicGiants is the only HD music download service delivering content from the major music labels. MusicGiants boasts superior sound quality of up to seven times the sound quality of any other service. For more info on MusicGiants visit www.musicgiants.com.
About NuTech Digital
NuTech Digital is a publicly traded diversified media and entertainment company based in Burbank. NuTech Digital offers original and licensed content via a worldwide network of distributors, retailers and internet entities, including Warner Music and CinemaNow. For more information on NuTech Digital, visit www.nutechdigital.tv.
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