ConnectedMedia Technologies Buys Majority Stake In Notus Digital Network
March 2, 2010 (FinancialWire) — ConnectedMedia Technologies, Inc. (OTC: XCHC), a digital multimedia firm targeting the U.S. Hispanic market, said it has acquired 52% of Notus Digital Network Corp, an internet technology company offering video-on-demand solutions for online and mobile devices.
Notus Digital 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, is meant to provide users the opportunity to watch recent and archived Spanish TV programming, free of charge, on the internet and mobile PDA devices.
Florida-based ConnectedMedia Technologies services clients at the local, regional, national and international level who want to target U.S. 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 said it seeks and invests in emerging and established Hispanic media and technology companies.
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