Compress Technologies, Inc. (PINKSHEETS: CTLG) is a great stock to put on your radar and watch as Stock Market Alerts initiates coverage. The company, a technology based company with patented and protected applications that improve bandwidth and network topographies, issued a press release Monday after the markets closed, announcing that Compress Technology, Inc. (CTI) and Ludwig Enterprises, Inc. (Ludwig) have agreed on a $2,000,000 payment schedule for Ludwig's Right to Use License of CTI's revolutionary FM-SCA technology.
Great news for CTLG investors! CTI's revolutionary FM-SCA technology allows multiple digital channels to be transmitted adjacent to a conventional analogue FM signal. If you listen to any FM radio station the number next to it is always empty. CTI's technology will transmit up to (50) fifty new fully digital broadcast channels in that unused space.
Utilizing CTI's (50) fifty new radio channels in each and every broadcast area (i.e. N.Y., L.A., Detroit, Chicago etc.) Ludwig intends to focus on under-served ethnic and foreign-language markets. This network is not just 50 channels. Network broadcast of 50 syndicated channels in the top 50 markets yields FIFTY TIMES FIFTY or 2,500 channels of market penetration.
This is certainly another company for investors to watch closely! At this time the FM-SCA technology is transmitting (15) fifteen high quality signals to a receiver jointly being developed by CTI and Ludwig. CTI expects that the number of transmitted channels will increase to (50) fifty. Under terms of the payment schedule CTI is projected to commence receiving funds from Ludwig within 30 days. CTI believes this to be only the first of several such licensing agreements with other domestic and international companies.
You may have heard of HD or "High Definition" radio being advertised as the new wave of radio. CTI's technology goes beyond High Definition to HDE (High Definition Expanded) radio. CTI's High Definition Expanded radio offers more than just one or two new programs next to an existing FM radio station. Currently CTI engineers have developed HDE to 15 channels and expect soon move the capacity to (50) fifty fully digital channels next to an existing FM radio station.
Recently there have been several press releases issued that should excite its investors. Last week the company announced that its FM-SCA North American licensee Ludwig Enterprises has entered a joint venture partnership with Haitian American Broadcasting Corporation (HABC) for deployment of CTLG's FM-SCA technology in Haiti.
The week prior, the company announced that Ludwig had entered a joint venture partnership with New Century Services, Inc. for deployment of CTLG's FM-SCA technology into Mexico.
This could get big...real quick!
Before the news was released, the stock closed Tuesday at Twenty One cents a share.
For Stock Market Alert's in-depth profile of Compress Technologies, visit http://www.wallstreettradingalerts.com/CTLG030607.html
Compress Technologies, Inc., (CTI), is a Nevada-based technology company headquartered in the Sarasota, Florida area and Engineering laboratories in Miami, Florida. CTI has garnered a group of patented and protected core technology solutions utilizing both hardware and software applications designed to greatly improve the efficiencies of bandwidth and network topographies for the Cable TV, FM-SCA Radio, Satellite and Wireless Industries. Many of CTI's technologies in short claim that they "without loss of integrity shrink the size of digital packets to about 2% to 5% of their original size.
Other Stocks of interest yesterday were:
Intel (NASDAQ: INTC) up 1.5% on 66.9 million shares traded. Intel is one of the world leaders in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.
Sun Microsystems, Inc. (NASDAQ: SUNW) up 2.9% on 74.1 million shares traded. Sun Microsystems, Inc. is in the development of technologies that power some of the world's most important markets.
Apple, Inc. (NASDAQ: AAPL) up 2.1% on 25.8 million shares traded. Apple is an award-winning desktop and notebook computer manufacturer.
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