Notus Digital Network Corp Acquired by ConnectedMedia Technologies, Inc.

MIAMI, March 1 /PRNewswire-FirstCall/ -- ConnectedMedia Technologies, Inc. (OTCPK: XCHC), a Miami-based digital multimedia firm targeting the US Hispanic market, and a wholly-owned subsidiary of X-Change Corporation, announced today it has acquired 52% of Notus Digital Network Corp, an Internet technology company dedicated to video-on-demand solutions for online and mobile devices. The company has developed the NotusWOW platform which integrates providers of Spanish content together with advertisers and is able to track online video advertising campaigns on web and mobile devices with its proprietary technology.

Notus.tv, a portal soon to be offered by Notus Digital Network Corp, will provide users the opportunity to watch recent and archived Spanish TV programming, free of charge, on the Internet and mobile PDA devices.  

Nydia Del Valle, President and CEO of ConnectedMedia Technologies, Inc., stated, "When we saw the Notus Mobile platform, we knew we had a winner! Once again, we are very proud that we are able to attract the best of the best in management and technology professionals. The launch of Notus.tv will spark our competitive edge in multimedia digital technology allowing us to consolidate our leading position for video content delivery on mobile devices worldwide."

Juan M. Chacin, President and CEO of Notus Digital Network, stated, "The US Hispanic population is growing at a rapid rate and we are confident that this partnership will significantly enhance our market position and allow us to rapidly bridge the tremendous gap between content creation and a superior outlet to release content within the US Hispanic market."

About ConnectedMedia Technologies, Inc.

ConnectedMedia Technologies services clients at the local, regional, national and international level who want to target US Hispanics through the company's custom digital marketing and media campaigns, content creation and syndication, production, programming and streaming for distribution through the Internet, mobile, radio, television and print media platforms. The company seeks and invests in emerging and established Hispanic media and technology companies.

About Notus Digital Network Corp.

Notus Digital Network Corp is an Internet technology company dedicated to video-on-demand solutions for online and mobile devices. The company has developed the NotusWOW platform which integrates providers of Spanish content together with advertisers and is able to track online video advertising campaigns on web and mobile devices with its proprietary technology. Notus.tv allows users to share videos, pictures and mp3/audio content via web/wap technology on the Internet and mobile PDA devices.  

Forward-Looking Statements

This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as "anticipate," "seek," intend," "believe," "plan," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur.  ConnectedMedia Technologies, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

SOURCE ConnectedMedia Technologies, Inc.