US STOCK MARKET - NMMG - After Hours NEWS...charo
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"Felipe Dickinson" <fbigofeh zavinac yahoo bod com> |
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Tue, 16 Dec 2003 17:05:44 +0400 |
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US Stock Market - Stock Profile of the Week
Symbol: NMMG
Market: OTC.BB
Sector: LED TECHNOLOGY
Before we begin our profile we have very exciting after-market news...
Monday December 15, 4:58 pm ET - New Millennium Media Engages Leading Product
Commercialization Consulting Firm
BREAKING NEWS - CLEARWATER, Fla.--(BUSINESS WIRE)--Dec. 15, 2003--New
Millennium Media International Inc., (OTCBB: NMMG) announced today that they
have engaged Global Works Consulting to assist with the product
commercialization of their next generation light emitting diode (LED) video
displays utilizing their proprietary OnScreen (TM) technology.
With Dr. Shalom Flank as its Principal, Global Works has been working with
local and national clients to commercialize leading-edge technology since 1999.
Dr. Flank is an Associate with Haft, Harrison, and Wolfson, Inc., and also
operates as a Principal of iPrime Group, a consortium of senior professional
consultants.
According to Steve Velte, NMMG's Director of Research & Development: "Dr. Flank
has been working with technology for over 15 years as it goes from abstract
innovation to successful implementation. He has been a strategy advisor to
start-ups, universities, defense contractors, and investment funds, including
AnswerLogic, DevelopmentSpace, GlobalWisdom, the University of Maryland, the
Information Sciences Institute, Veridian Systems, and the Washington Square
Capital Fund. His experience covers software applications and algorithms,
including knowledge management, enterprise portals, bioinformatics, natural
language processing, e-learning, and on-line travel. He has also worked with
user interfaces and human factors, networked sensors, renewable energy, and
defense technology. His unique expertise lies at the intersection of business
and technology - understanding the potential, the pitfalls, and the path for
creating utility and profit out of new technology."
Before immersing himself in the entrepreneurial community in Washington, Dr.
Flank directly managed over $60M of investment in advanced information
technology projects as a Program Manager at the Defense Advanced Research
Projects Agency (DARPA). Dr. Flank has also been visiting scientist at the
Monterey Institute of International Studies, has served on the staff of
Lawrence Livermore National Laboratory, Stanford University, and the U.S. House
of Representatives, and has had appointments at Harvard and MIT. Dr. Flank
earned a Ph.D. in a multi-disciplinary program at MIT, along with a Master of
Science in Nuclear Engineering, and received a B.A. in Physics from Cornell
University.
STOCK PROFILE OF THE WEEK
New Millennium Media International (OTCBB: NMMG) specializes in cutting-edge
motion display advertising solutions. Their unique Advertising Display Boards
and LED Digital Displays offer up a dynamic and cost efficient way to
effectively market products and promote brand awareness.
NMMG holds the exclusive United States and Canadian distribution rights to the
patented, "IllumiSign EyeCatcher" Advertising Display Board. IllumiSign
EyeCatcher, the exclusive marketing company for this product, has launched an
aggressive national marketing campaign, targeted not only at advertisers, but
business opportunity seekers as well. This advertising medium presents
excellent benefits to advertisers and lucrative business opportunities to
franchisees and corporate sponsors, alike. IllumiSign EyeCatcher has an
inventive, profit sharing program in place called "Partners In Profit" (PIP),
which is structured to provide revenue incentives for larger national
corporations and venues to tap deeper into their market share by allowing
placement of the board in their high traffic and Point of Sales areas. This
program has the potential to generate millions of dollars in additional annual
revenue for qualifying corporate sponsors, while providing the means for
greater public exposure to the IllumiSign
EyeCatcher Advertising Boards.
NMMG has partnered with E-Vision LED, Inc., a US based company whose affiliates
manufacture their state-of-the-art LED displays. This high technology media is
the only truly effective way, television aside, for advertisers to display
their products in true form. Their LED displays can operate any commercial
format on any size board. This gives them a strong competitive advantage with
regard to flexibility and ease of control, since the images are programmed and
controlled right from their central office.
ON-SCREEN TECHNOLOGY
The OnScreen LED Display Architecture is a radical new type of Bright LED
video display architecture that is expected to provide key design improvements
in cost, weight and brightness of LED displays for such applications as
billboards, large outdoor venue video screens and outdoor video advertising.
Worldwide, the outdoor advertising market is approximately 19 billion dollars,
with the US representing 5.2 billion in 2001, according to the Outdoor
Advertising Association of America (OAAA). An increasing percentage of these
expenditures are utilizing the technologies of motion display advertising- such
as the OnScreen display technology.
OnScreen is expected to create a broad-range of products with much better
resolution and brighter pictures than the current generation of displays.
OnScreen will be visible in direct sunlight yet avoid many of the issues
associated with current displays including sun-loading, wind-loading and
excessive weight. In addition, the new LED architecture produces an advantage
that is not available in today's marketplace: a more lightweight, pliable
display that can fit any application.
These are important advantages as the High Brightness LED market is expected to
grow from 1.2 billion dollars in 2000 to 4 billion in 2006. In addition,
according to Stanford Resources, the LED sign market value alone is expected to
exceed 1 billion by 2006. These projections are made based on existing
technology and do not take into account emerging technologies, such as
OnScreen, that can rapidly alter the size and shape of this market.
COMMERCIAL MARKET & STRATEGY
NMMG's initial marketing strategy revolves around licensing intellectual
property (IP) to worldwide manufacturers of LED display products and
components. The LED sign market is projected to reach over 1 billion dollars by
2006. Lumiled's projects that high brightness LED's, used in LED signs alone,
will exceed 1.2 billion by 2007. If these projections hold, the fully
manufactured signs would represent a $5 billion market. Whichever number is
accurate, they both point towards a robust market for these new LED displays.
Many projections don't take into account emerging high growth applications such
as the Amber Alert project, Homeland Security and roadway intelligent message
transfer.
THE MARKET
An article in Media Post's Media Daily News in March of 2003 noted that the
outdoor industry has successfully weathered the recession and that our large
members say they're having a great first quarter in 2003. They go on to note
that technology is expected to transform both the display and measurement of
outdoor advertising. According to Media Daily the most exciting news is coming
on the display side, where Lamar Advertising is converting their key boards to
LED units whose messages can be changed at will and sold in day-parts by the
hour or even the minute. They added that Clear Channel's backlit subway
panels in stairwells are being converted to LED as well. Together these
companies represent two of the three largest outdoor US advertisers.
Recent Federal Government legislation has also placed a spotlight on expanding
the Amber Alert network nationwide. The highly publicized success in locating
a number of kidnapped children shortly after their abduction in California has
now triggered federal funding for U.S.-wide expansion of these variable-message
signs. Homeland Security issues have also increased the number of early
warning signs being planned and funded as part of an overall information
sharing network. Traffic safety is also becoming a much higher priority in the
U.S.. It is estimated that just over 60,000 roadway dynamic message signs are
in operation in the United States. In Japan alone there are over 1.5 million of
these signs. The United States represents a huge growth market for LED displays.
GROWTH OPPORTUNITES
In addition to the outdoor television market, another interesting and exciting
application for OnScreen arrays is artistic lighting in dramatic curved and
shaped displays in places like Las Vegas, New York City or really virtually any
venue. The tensile, flexible structure of OnScreen provides unlimited
opportunity for creativity.
The anticipated cost reductions of OnScreen will also provide ample
opportunity for growth of the large-scale LED display market itself.
OnScreen's unique architecture opens the door for new applications such as
curved implementations, billboards on the sides of buildings where tenants can
still see out, and lower cost mobile applications on the sides of existing
vehicles.
Homeland Security, Amber Alert variable message signage and instant message
transfer applications can also benefit significantly from the advantages of
OnScreen. Reduced wind-loading and weight can significantly lower the cost of
the superstructures required to support these signs and also reduce the cost to
install and maintain them.
Please note that NMMG had absolutley nothing to do with this report and is not
a participant in any way.
No more advertisements: www.inet-notification.com/away.html
Stock Market Today is an independent research firm. This report is based on
Stock Market Today's independent analysis but also relies on information
supplied by sources believed to be reliable. This report may not be the opinion
of NMMG management. Stock Market Today has also been retained to research and
issue reports on NMMG. Stock Market Today may from time to time purchase or
sell NMMG common shares in the open market without notice. The information
contained in this report shall not constitute, an offer to sell or solicitation
of any offer to purchase any security. It is intended for information only.
Some statements may contain so-called "forward-looking statements". Many
factors could cause actual results to differ. Investors should consult with
their Investment Advisor concerning NMMG. Copyright 2003 © Stock Market Today.
All Rights Reserved. This newsletter was distributed by SCI. SCI was paid five
thousand dollars to distribute this report. SCI is not affiiated with Stock
Market Today and is not responsible for newsletter content. All information in
this report can be obtained on the world wide web at www.nmmimedia.com. New
Millenimum Media was not a participant in this newsletter in any way.
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