ConnectedMedia Technologies, Inc. Announces Appointment of Board of Directors and Officers

MIAMI, Feb. 22 /PRNewswire/ -- ConnectedMedia Technologies, Inc. (Pink Sheets: XCHC), announced today the appointment of their Board of Directors and Officers. ConnectedMedia Technologies, Inc. is a Miami based digital multimedia firm to the US Hispanic market, offering a complete suite of media solutions to better help broadcasters, agencies, advertisers and content owners to target the growing US Hispanic demographic more easily and efficiently in this age of diverse digital convergence.

The appointed seven Directors are:  Nydia Del Valle, Fernando A. Gomez, Richard T. Steele, Hugo A. Castro, Felipe Tavares, Roland-Sanchez Medina, Jr. and Juan M. Chacin.

Officers for ConnectedMedia Technologies, Inc. include:  Nydia Del Valle as President & CEO, Fernando A. Gomez as Executive Senior VP, Roland-Sanchez Medina, Jr. as General Council/Secretary and Hugo A. Castro as Treasurer & CFO.

Cuban media entrepreneur and Madison Avenue veteran, Nydia Del Valle is the founder and Chairwoman of ConnectedMedia Technologies, Inc. She brings more than 30 years of experience in the media and communications business, specializing in the US Hispanic and Latin American market and is responsible for the strategic direction of the company. She stated, "We are really fortunate and very proud that we obtained the support of top level Directors, and have been able to attract high level executive management and the best and most advanced technology group. Our team is passionate in their endeavors and they are all working very hard to strengthen and expand ConnectedMedia's Spanish dedicated multimedia platform. I know our customers will be pleased."

Fernando Gomez is a senior sales and marketing executive with over 25 years of experience in broadcasting, cable television and news media within the United States and the International Markets.  Mr. Gomez' background includes broad-based strategic marketing planning and highly successful Sales and Affiliate Relations work throughout his career with Maya Entertainment, Batanga.com, Starmedia/Wanadoo, MSN Latino, Prime Deportiva, C3D Digital, Bravo International, The Weather Channel Latin America, The Inspirational Network, Univision, and Galavision.

Richard T. Steele is President and Chief Executive of Network Distribution Group, Ltd., a Cable Television, Satellite, Broadcast, Media and Internet consulting company, which assists cable television networks with their respective network distribution onto cable television systems, broadcast stations, as well as satellite, and assists start-up internet/media companies with financial planning, funding and distribution.  In the past 4 years, Mr. Steele has become involved with a number of Hispanic media projects, including a Spanish language children's cable television network, a Spanish language cable television shopping channel, a Spanish language internet membership enterprise and a Spanish language on-line shopping venture.

Hugo A. Castro is a career banker of over 40 years. He was founder, president, CEO and director of both Commercial Trust Bank and Sun American Bank of Miami, Fl., Executive Vice President of both Intercontinental bank and Total Bank of Miami, Fl., and was Chairman of the Board of Pacific National Bank of Miami, Florida. Mr. Castro's banking career includes the acquisition and satisfactory resolution of five troubled financial institutions under the scrutiny of banking regulators.

Felipe Tavares is C.E.O. of Global Broadcasting Systems, leading a Radio Station, 2 Online-TV Channels, a print/online newspaper and diverse digital Media projects, from South Florida, USA.  Mr. Tavares is also a bestselling author of two books and successful entrepreneur with a background in public and media relations, marketing, sales, crisis issues, public management and financial marketing consulting.

Roland-Sanchez Medina is a partner in the law firm of Sanchez-Medina, Gonzalez, Quesada, Lage, Crespo, Gomez & Machado LLP, residing in the Coral Gables, FL.  His practice focuses in the areas of corporate and securities law, including mergers and acquisitions, corporate structuring/restructuring, board governance, and domestic and international commercial transactions.

Juan M. Chacin is a sales and advertising executive with over 16 years in the print and interactive field.  Early in his career, Juan developed the "Florida Marketplace", an insert in The Miami Herald, which was geared to Latin America's shoppers who came to the US.  Its success has generated profits ever since its release. Several years thereafter, Juan developed "El Nuevo Herald", Knight Ridder's first Spanish publication, which, for 2 consecutive years, won the Medallion Awards, the ultimate prize for stars in the advertising sales industry.  

About ConnectedMedia Technologies

ConnectedMedia Technologies, Inc. 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.

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.