5920 Friars Road, Suite 104, San Diego, CA 92108
phone: 619.692.0333 fax: 619.718.7446
New Visual Entertainment, (OTCBB:NVEI), which recently applied to be listed on the NASDAQ Small Cap Exchange, through its New Wheel Technology Subsidiary is pioneering the development of a proprietary broadband transmission technology named Cu@OCx. The first in a related series of patents to protect the technology was filed by the company in June of 2000. This technology has the ability to transfer data over existing copper telephone wiring infrastructure at the speed at VDSL 52Mbps. NVEI's New Wheel Subsidiary has successfully tested the technology at the distance of 9000 feet and this past May contracted with Lucent's Network Care Division to verify their results due in September at a speed of 52Mbps at a distance of 8500 feet. The recent testing of the Cu@OCx technology was done at the same specifications laid out for the testing to be done by Lucent. This distance is very significant in that existing VDSL technology presently in the marketplace has the same speed, but can only transfer data at a distance up to 1000 feet. With New Wheel's Cu@OCx technology being able to deliver high speed content at a planned distance of 8500 feet telephone companies will have the capability to compete with cable companies for television and Internet services while still supplying their consumer base with phone service over existing phone lines. Taking that into consideration, this is a truly disruptive technology in that it has the potential to change the way that many communications are handled today.
Upon Lucent's verification of the Cu@OCx technology NVEI can then begin the licensing process. This process will include presentations of the technology by NVEI to telecommunications and other related companies. Any licensing agreements that the company may enter into could very well result in a proverbial windfall of revenues for NVEI.
52Mbps. Why is that significant? What does that mean to me? First of all, transferring data at the speed of 52Mbps over existing telephone lines to the home and business consumer can potentially save the telecos billions of dollars in upgrading the present infrastructure to fiber optics. In addition to that, at the 52Mbps speed, it will allow the telecos to compete with the cable companies by enabling them to offer HDTV, Internet, and Phone Services all over the existing infrastructure. That is very significant. Competition for the cable companies. Let me break that down even further. You start with 52Mbps. Then you subtract the speed that it will take to offer TWO HDTV signals over the line, which would be approximately 40 Mbps. That leaves you with 12Mbps for your computer and phone lines, which is significantly greater than today's technology, which runs at approximately 1Mbps or less for most present DSL services.
The uses for the Cu@OCx technology do not end there though. Further uses for the Cu@OCx Technology include chipsets for sale to manufacturers, industrial controls, military applications, and general computer controls. As you can tell, the Cu@OCx Technology will not only allow your computer to get data faster while broadcasting two HDTV signals, and phone service, but it will also enable the computer to process the information that it gets at a faster rate. This is what is meant by the term " disruptive technology ". This technology truly has global implications that will drastically change the way the world now communicates. For further information on New Wheel Technology visit their web site at www.newwheeltechnology.com
Now for the rest of the Company:
New Visual Entertainment was originally started as a True Stereoscopic 3D company. With it's 3D Technology, they can produce true stereoscopic 3D at a far less cost than any of the competitors presently in the marketplace. Some of their 3D productions include: MTV Spring Break-San Diego, California- "Four-Wall" exhibition of "Beyond 3D" to more than 20,000 attendees over the course of one week, "Edge of Reality", the world's first extreme wide angle action sports film shot entirely in true stereoscopic 3D, and my personal favorite, "Miss Hawaiian Tropic '99", a short 3D film of the Miss Hawaiian Tropic bikini contest at the Tropicana Hotel and Casino in Las Vegas, NV, to name a few. There are downloadable shorts from the Company's website at http://www.newvisual.com
In addition to the projects that the company has done in the past, in April of 2000 they signed a production agreement with Bruce and Dana Brown to produce "Top Secret Surf Film". The "Top Secret Surf Film" will chase storms around the world in search of great surfing adventures. Other credits by Bruce Brown include: "The Endless Summer" and "Endless Summer Two". Both are high-grossing documentary style films. In addition to the "Top Secret Surf Film", NVEI will be producing a 3D behind-the-scenes short for release to special venues.
In January of 2000 NVEI purchased Impact Multimedia which operates as a full service production studio capable of producing CD-ROM, DVD, or web-based multi-media presentations utilizing the most advanced technologies in animation, graphics design, compression, digital audio, motion capture, and vectors for corporate, commercial, and consumer applications. Impact specializes in CD-ROM business cards and website development. For further information about Impact Multimedia visit their web site at www.newvisualmedia.com
In March of 2000 NVEI entered into a definitive merger agreement with award winning Intelecon Services, headquartered in Dallas Texas with offices also in Las Vegas and Southern California. Intelecon is a production, e-commerce, multimedia, staging and audio-visual company. They offer complete turnkey solutions for productions, concerts, corporate events, tradeshows, and multimedia. Its services include stereoscopic 3D, 2D and 3D animation, on-line and off-line nonlinear non-compressed digital editing, special effects, 3D visualization, audio, lighting, rigging, video walls, large screen and panoramic projection. With 1999 revenues of over 9 million and projected 2000 revenues of 18 to 20 million dollars, the addition of Intelecon will greatly enhance the bottom line of NVEI. For further information about Intelecon visit their web site at www.intelecon.com.
In June of 2000, NVEI hired the nationally recognized public relations firm Continental Capital and Equity, or CCEC. CCEC has since started a National Investor Awareness Campaign for NVEI, and has already sent out color brochures about NVEI to over 100,000 of their contacts. For a copy of the brochure, or for further information, you can contact CCEC at 407/682-2001. Their website is insidewallstreet.com.
In closing, we feel that with the ever increasing demand for more bandwidth speed to transfer data and NVEI's apparent solution for that demand, it can be said without a doubt that NVEI is certainly the little-known David among the well-known Goliath's. Little-known for now, that is.
Estimated Outstanding Shares: 23,663,546 Shares
Estimated Float: 11.5 Million Shares
Disclaimer:
The above statements are intended for informational purposes only. We are not liable for any investment decisions by anyone who reads this information. The information was compiled from a variety of sources and opinions which are considered to be accurate.
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