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WinSonic Digital Media Group, Ltd. Releases Business Update to Shareholders
Thursday, October 08, 2009 12:57 PM


(Source: MARKETWIRE)trackingWinSonic Digital Media Group, Ltd. (PINKSHEETS: WDMG) (www.winsonic.net), facilities-based digital media company, September 30, 2009 released the following business update to shareholders.

WinSonic Digital Media Group, Ltd. (WDMG) has achieved numerous major milestones since it began trading on the Pink Sheets. WDMG engaged an Atlanta based CPA firm to complete the 10K 2008 Audit and 2009 first, second, and third quarter 10Q's. WinSonic Digital Cable Systems Network (WDCSN) was approved to launch its national, digital TV transport network schedule in the first Quarter of 2010. WDCSN will offer an extensive content library with transport rights from top national programmers, cable networks, linear programming, established music libraries, and Video on Demand (V.O.D.) rights from major Hollywood movie studios. "Working with our partners, WDCSN will offer solutions completely dedicated to the highest quality digital delivery of television, video and music content to our client subscriber base," said Winston Johnson, CEO of WinSonic Digital Media Group, Ltd. "Our network has been focused solely on digital video, digital music and digital television services. We have structured our product offerings in a manner that optimizes the experience for both network and customer subscribers." WinSonic Digital Cable Systems Network has secured contracts for digital video, digital music, and digital television distribution services.

WDMG is currently developing the WinSonic web site, complete with new interactive features, investor relations, and distribution portals designed to increase traffic and brand loyalty of our subscribers. The company anticipates announcing the new site launch shortly.

WDMG has signed Master Services Agreements (MSA's) with various companies in the range of 5 million dollars. WDCSN (a subsidiary of WDMG) signed distribution agreements that will bring our network reach up to 10 million subscribers and 1.8 million households via fiber-to-the-home. In addition, WDCSN estimates its digital services will reach 1 million broadband subscribers via the Internet in 2010. We are currently in negotiations for several multi-year contracts with other major broadband, cable and IPTV service providers.

In addition to these steps, WDMG has hired in house legal counsel to oversee the Internal Legal and Business Affairs Department. WinSonic is also in the process of retaining a top international law firm to represent WDMG and WDCSN in global entertainment, SEC, FCC, PUC, Intellectual Property, new media, corporate and litigation matters.

In addition to previous announcements, WDMG and Solink have teamed up to deploy a chronic disease management system on the WinSonic Digital Cable Systems Network.



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