SEATTLE, Nov. 30, 2004 (PRIMEZONE) -- Reeltime Rentals, Inc. (Pink Sheets:RLTR) announced the Company's plans to add MSN TV2 and Windows XP Media Center Edition 2005 to its compatible set top box list for the national deployment of its Rental-on-Demand service.
"The new emergence of broadband-enabled PC's for the living room accelerates ReelTime's IRDS deployment by allowing us to utilize these PC's as set top boxes without the requirement of proprietary development and potential manufacturing delays. We are pleased that major manufacturers such as Dell, Compaq and others have embraced this concept and strongly believe that this trend will drive the new media experience and propel our Rental-on-Demand Client deployment to finish much sooner than we previously expected," stated Alex Stanczyk, CEO of Reeltime Rentals, Inc.
The software giant recently released MSN TV 2, a $199 device that now supports high-speed, always-on Internet connections, home networking and messaging on a TV -while still functioning as a basic TV-based Web and e-mail terminal. Windows XP Media Center Edition 2005-based PCs make it easy for consumers to have a central location to maintain all their music, photos and TV shows.
On October 12, 2004 at the Digital Entertainment Anywhere launch in Los Angeles, Microsoft CEO Bill Gates stated, "Today, the dream of digital entertainment becomes a reality. People want to choose how and where they enjoy their digital media, and to easily customize their digital entertainment experiences. The vast array of innovative new products and services announced today from Microsoft and our partners enables them to do just that."
About Reeltime Rentals, Inc.
Reeltime Rentals, Inc., headquartered in Bellevue, Washington, plans on renting movies in real-time to the living rooms of customers nationwide. Customers will have access to thousands of DVD-quality full-screen movies without the hassles of going to the video store or mailbox, nor the added expense of late fees. ReelTime offers a unique, new, and convenient approach to renting movies at home or elsewhere. ReelTime uses cutting-edge technology that brings high-quality video content direct to consumers, while taking unprecedented measures to combat the threat of piracy. Technology acquired from Innovative Communications Technologies, Inc. forms the basis for ReelTime's Intelligent Rapid Delivery System (IRDS).
For more information on Reeltime Rentals, Inc. you may visit our web site at www.reeltimetv.net.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing, and evaluation of products, and other risks detailed from time to time in the Company's filing with the Securities and Exchange Commission.