Limelight Media Group Announces Letter of Intent to Acquire NIT AS
Acquisition Would Expand Limelight Operations Internationally
MEMPHIS, Tenn., May 19, 2005 (PRIMEZONE via COMTEX) -- Limelight Media Group, Inc. (OTCBB:LMMG) of Memphis, Tenn. and Norske Informasjonsterminaler AS ("NIT") announced today the signing of a letter of nonbinding intent providing for Limelight to acquire NIT, an information technology company based in Oslo, Norway. The companies are currently negotiating a definitive agreement whereby Limelight would acquire NIT, which would operate as a wholly owned subsidiary of Limelight. The execution of the definitive agreement and the consummation of the acquisition is subject to, among other things, the completion of due diligence, the arrangement of necessary financing and the approval of the board and shareholders of each company. The acquisition, if consummated, would expand the digital media network of Limelight internationally and provide expanded access to the United States markets for NIT's products and services.
NIT develops, manufactures and distributes information technology involving digital media and interactive systems in multiple locations worldwide. The technology provides Internet and VoIP (voice over Internet protocol) services in more than 450 locations throughout Europe. NIT primarily owns the equipment it distributes and generates recurring revenue from the Internet and VoIP access, advertising and sponsorships. The digital screens additionally serve to provide community service and emergency announcements. Currently, locations with installations include four airports in Northern Europe and initial installations in other mass transit, retail and fast food locations. NIT, with offices in Norway, Sweden, Denmark and Germany, recently opened a North American office in Phoenix. NIT has agency representation in seven other countries. NIT recently received the award for "Best Hardware/Enclosure Design for a Kiosk Deployment" at the Las Vegas Kioskcom2005 Show. This award has contributed to NIT gaining rapid international recognition. Additional information on NIT's systems and technology can be found at http://www.n-it.no.
"NIT and Limelight believe that a combination of the companies would allow the companies to capitalize on each other's strengths. Obviously, NIT provides Limelight immediate international presence but also allows NIT to expand its technology services to Limelight's clients in North America," stated David V. Lott, President of Limelight Media Group, Inc.
Limelight Media Group, Inc., headquartered in Memphis, Tenn., creates, manages, and supports out-of-home digital advertising and promotional networks. The company's digital media management system enables simultaneous delivery of video content to a variety of remote audiences in real time, allowing for immediate customization of messages through a centralized network operations center. The company recently began expanding its efforts to include grocery, retail, restaurant, and the hospitality industry. More information can be found at http://www.limelightmedia.com.
Limelight Media Group Enters Agreement to Acquire Assets of InTransit Media Thursday June 9, 10:59 am ET Acquisition Expands Digital Signage Services to PATHVision
MEMPHIS, Tenn., June 9, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTC BB:LMMG.OB - News) of Memphis, TN has executed an agreement to purchase all the assets of InTransit Media. Included in the asset purchase is the exclusive right for InTransit to provide digital signage management and marketing services for PATHVision. Limelight, upon closing, will continue to operate and market the PATHVision system under the InTransit name. PATHVision is a digital signage system that provides information to over 6 million commuters annually traveling between New York City and New Jersey via the PATH subway. Over 70% of the employees in the financial district of New York travel via the PATH daily. The system encompasses 277 digital displays on platforms in 13 rail stations. In the fall of 2003 PATH reopened its World Trade Center station and is currently building a new state-of-the-art facility at the WTC site. The PATHVision provides up-to-date news, rail schedules, weather, and related marketing messages. More information regarding PATHVision and InTransit may be found at http://www.intransitmedia.com.
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``As Limelight continues to grow its digital network presence, we are continually looking for strategic and viable opportunities. We believe InTransit provides the company a viable digital network presence in a high profile location that is well received by the public and our clients. While the system currently has paying advertisers and sponsors, we believe our marketing resources will greatly increase the revenue potential for PATHVision as well as Limelight,'' stated David V. Lott, president of Limelight Media Group, Inc.
Limelight Media Group, Inc., headquartered in Memphis, TN, creates, manages, and supports out-of-home digital advertising and promotional networks. The company's digital media management system enables simultaneous delivery of video content to a variety of remote audiences in real time, allowing for immediate customization of messages through a centralized network operations center. The company recently began expanding its efforts to include the grocery, retail, restaurant, and hospitality industries. More information can be found at http://www.limelightmedia.com.
This release includes projections of future results and ``forward-looking statements'' as that term is defined in Section 27A of the Securities Act of 1933 as amended (the ``Securities Act''), and Section 21E of the Securities Exchange Act of 1934 as amended (the ``Exchange Act''). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including without limitation in conjunction with those forward-looking statements contained in this release.
Contact:
Limelight Media Group, Inc. David V. Lott, President (866) 887-LIME (5463)
-------------------------------------------------------------------------------- Source: Limelight Media Group Inc
Lmmg looking solid in the mid to upper .05's. Now teasing with the .06 level. Some interesting action today by the mm's.
Expecting some good news soon that should take this to higher levels. Hope people are accumulating what I believe could be a world class company in the not so distant future.
OTC stocks are for trading imo not 'investing'. Professionals Moderator
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What makes you think they'll be world class? I've seen some good potential trades here....but what has you believing for the long term?
Come and join me in "THE SWAMP", the OTC swamp that is. Help me identify which stocks have the postential for BIG GAINS before the industry hacks start pumping and dumping them.
LMMG News out: MEMPHIS, Tenn., Jul 7, 2005 (PRIMEZONE via COMTEX) -- Limelight Media Group, Inc. (OTCBB:LMMG) an innovator in the creation and management of out-of-home digital advertising networks, today announced that on June 30, 2005, it completed its acquisition of IMPART, Inc., a leading full-service provider of dynamic media solutions. The all stock transaction -- detailed in the company's 8K filing to be filed with the Securities and Exchange Commission today -- includes a reincorporation in Delaware within 90 days. The companies intend to centralize operations in Seattle. As part of the deal, IMPART, Inc. will maintain its name and brand identity and operate as a wholly owned subsidiary of Limelight Media Group, Inc. There are no anticipated layoffs expected at either company as a result of the acquisition and the existing management team for both organizations will remain intact.
The deal expands the capabilities of both companies and enables the combined organization to address a broader range of digital signage and dynamic media opportunities. Historically, IMPART has used a subscription-based revenue model and focused on the delivery of turnkey dynamic media solutions coupled with a robust and very scalable infrastructure, while Limelight has used an advertisement-driven revenue model to deliver out-of-home advertising and promotional networks. The two companies believe that by joining forces they can more effectively meet the ever-changing customer requirements in this evolving market.
Joe F. Martinez, CEO of IMPART, reinforced the value of combining an advertising-based revenue model with a subscription-based model: "As an emerging field, dynamic media and digital signage offer a vast variety of options to retailers and brands in terms of on-location and off-site advertising and promotional opportunities." Martinez continued, "With this deal, depending upon the content desired, the country's top retailers and brands will now have the option of delivering their advertising, promotions and other digital content through a single-source provider and with a revenue model that makes sense relative to how they choose to have the content delivered."
Currently, IMPART manages more than 1,300 digital signage installations and maintains a growing subscription base of marquee clients that include some of the nation's top banks, brands, retail companies and public/government spaces. As a pioneer in the delivery of digital media applications, IMPART offers Limelight a 22-year legacy of market experience and additional infrastructure for deployment into the emerging Point of Decision (POD) markets in retail, banking, corporate and other industries. Furthermore, management believes the acquisition will accelerate the combined organization's ability to offer an advertising-based revenue model. Both companies will benefit from more effective utilization of infrastructure and industry relationships that will help in the delivery of complete, turnkey media solutions. This single-source, turnkey approach is fundamental to this emerging market, which has been riddled with the complexity of multi-vendor approaches using different systems and oftentimes conflicting strategies. The two companies believe that together they can establish a strong industry foundation, spurring potential future consolidation in the digital media industry.
Referencing the value of the acquisition, David V. Lott, CEO of Limelight Media Group, Inc., stated, "Together the combined companies will be able to more quickly pursue opportunities that otherwise would not have been viable and provide clients with the added services they desire." Lott added, "The acquisition is truly a combination of two synergistic companies and we believe this is a win-win for both because it positions the combined entity as the dominant player in digital signage and dynamic media."
About IMPART, Inc.
Founded in 1983, privately held IMPART is headquartered in Seattle, Wash. and has gained a reputation as a leader and innovator in the emerging dynamic media industry. As an award-winning, full-service provider, IMPART delivers turnkey solutions for dynamic merchandising, digital signage and networked advertising and communications. Dynamic media solutions are communications networks comprised of plasma or LCD displays that deliver content from PC-based media players and can be offered in a wide variety of hardware configurations. Marketers use dynamic media to reinforce brand awareness and to deliver complex messages in a timely, engaging and entertaining format at the customer "point of decision." Additional information can be found at http://www.impartinc.com.
About Limelight Media Group, Inc.
Limelight Media Group, Inc., headquartered in Memphis, Tenn., creates, manages, and supports out-of-home digital advertising and promotional networks. The company's digital media management system enables simultaneous delivery of video content to a variety of remote audiences in real time, allowing for immediate customization of messages through a centralized network operations center. The company recently began expanding its efforts to include grocery, retail, restaurant, and the hospitality industry. More information can be found at http://www.limelightmedia.com.
This release includes projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although the respective managements of IMPART and Limelight believe that the expectations reflected in these forward-looking statements are reasonable, they can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
SOURCE: Limelight Media Group Inc
By Staff
CONTACT: Isen and Company Cheryl Isen, Principal(425) 222-0779Cheryl@IsenandCo.com
LMMG in with the Government. Could make this a security play also.
SEATTLE, July 20, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTCBB:LMMG) an innovator in the content, creation and management of out-of-home digital advertising and information networks, announced today that it has completed development of a new offering designed for the government services sector. Earlier this month the company signed a contract with the Northwest/Arctic Region of the U.S. General Services Administration (GSA) and completed installation of the system, which includes 12 display screens, in public areas throughout the U.S. Federal Court House in Seattle, Washington. The GSA is using the system to streamline the flow of highly useful information from single display sources located throughout the Court House. With more than two years in development, the unique standalone information displays provide the general public and building tenants with time-sensitive court information combined with real-time public resource information. The information systems also addresses issues raised under the Homeland Security Act, which is seeking methods to provide real-time information to individuals in government and public settings. The fully touch-interactive screens, are horizontally positioned for easy access and currently include schedules for District Court and Bankruptcy Court hearings, animated maps of courtroom locations, building services and amenities, along with court announcements, security alerts and dynamic, up-to-the-minute images of weather forecasts and weather cams from the Washington State Department of information.
Laird Laabs, president of Limelight Media Group and president of IMPART, a wholly owned subsidiary of Limelight, comments on the new offering and market opportunity, "From a content perspective this system is one of the richest and most extensive we've ever designed and built and we believe it lays the foundation for broad government information sharing throughout state and national government systems." Laabs added, "Naturally, we will be aggressively marketing this proven solution nationwide to address security concerns propelling growth caused by the Homeland Security Act because it directly addresses the heightened need for real-time communication."
The display screens designed for the Seattle Federal Court House take information directly from court data sources through a secured network layer that is designed, delivered and managed through an information management layer that updates the system on a continuous, real-time basis. The sophisticated system also harvests information from the Internet for dynamic, up-to-the-minute weather information from the Washington State Department of information.
Mentioned Last Change LMMG 0.085 0.003dollars or (3.65%) The Courthouse system is the third of a series of contracts the company has been working on that target public areas within government buildings. Earlier this year, the company designed, sold and deployed similar systems at the State of Washington Department of Ecology building in Lacy, Washington, and at the Capitol Legislature building in Olympia, Washington. Both locations are using IMPART information systems to convey useful general information and other unique building-related information to the public. Examples include expected information such as directories, conference room schedules and even building cafe menus which are updated from shared data sources, in addition to uncommon information such as the building condition, temperature, and Oxygen and CO2 levels within building zones. The Capitol Legislature building, which is an example of sustainable energy, also uses the system to communicate energy levels derived from solar panels on the roof.
"We believe the government market is a strong opportunity for the future of our public networking systems," stated David Lott, CEO of Limelight Media Group. Lott added, "With this technology foundation each building in the state can deliver information to its public and ultimately share that information with other specific locations creating an integrated communication platform to connect government buildings and their programs whenever and wherever they need or choose to.
About Limelight Media Group, Inc.
Limelight Media Group, Inc., (OTCBB:LMMG), headquartered in Seattle, Washington, is a rapidly expanding digital signage leader in the emerging out-of-home media sector, which is beginning to take center stage with advertisers. The company is growing through a consolidation strategy that includes acquiring the industries best and brightest talent and most advanced solutions to create a broad, integrated one-stop communications media company focused on digital signage and networked advertising offerings for leading brands in industries such as retail, grocery, banking, restaurants, hospitality, government and public spaces, among others. The company's digital media solutions enable the simultaneous delivery of video content to a variety of remote audiences in real time, allowing for immediate customization of messages through a centralized network operations center. More information can be found at these websites: http://www.limelightmedia.com and http://www.impartinc.com.
This release includes projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although the respective managements of IMPART and Limelight believe that the expectations reflected in these forward-looking statements are reasonable, they can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
CONTACT: Cheryl Isen, Principal, Isen and Company (425) 222-0779 Cheryl@IsenandCo.com
Shop and Save Deal finally completed. Company executing and looking strong going forward.
SEATTLE, Aug. 4, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTCBB:LMMG) an innovator in the content, creation and management of out-of-home digital advertising networks, announced today that it has reached an agreement with Shop 'n Save Warehouse Foods, Inc. of St. Louis, Missouri, a wholly owned subsidiary of Supervalu Inc., to provide a digital advertising system in stores throughout Missouri and Illinois. Shop 'n Save originally had 19 stores installed by a previous digital signage company. Limelight will be re-installing digital screens in these original 19 stores. Additionally, the contract calls for Limelight to install its digital media systems in another 16 locations bringing the total to 35 Shop 'n Save grocery stores throughout the region, with the potential of adding the system to more stores as they are opened. Limelight expects the re-installations to be completed within 45 days. Limelight is re-installing digital screens in these initial stores after the original provider for the predecessor company removed its screens.
Retailers use Limelight's digital signage solutions at the point-of-purchase to enhance the customer shopping experience by directing patrons to items the retailer wishes to promote and improve in-store communications. The highly targeted advertising system enables advertisers to customize content with promotional messages geared to variables such as: buyer demographics, time of day, language or aisle location.
David Lott, CEO of Limelight Media Group, is extremely pleased with the opportunity to expand the company's relationship with Shop 'n Save. "This agreement signifies a major step for Limelight and authenticates the value that this technology can bring to retailers in the grocery sector and a variety of other industries."
Mentioned Last Change LMMG 0.085 0.003dollars or (3.65%) Russ Achelpohl, Senior Vice President of Merchandising, reinforced the benefit of the system to shoppers and advertisers alike. "Shoppers who have seen the system at our stores have confirmed that their shopping trip is more informative and provides useful food preparation ideas. Likewise, advertisers appreciate the opportunity to provide a targeted, meaningful message to in-store shoppers." Achelpohl added "We are very pleased to expand our relationship with Limelight and to be one of the first retailers in the region to use the system to differentiate our brand and to reinforce the quality shopping experience that we provide."
About Limelight Media Group, Inc.
Limelight Media Group, Inc., (OTCBB:LMMG), headquartered in Seattle, Washington, is a rapidly expanding digital signage leader in the emerging out-of-home media sector, which is beginning to take center stage with advertisers. The company is growing through a consolidation strategy that includes acquiring the industries best and brightest talent and most advanced solutions to create a broad, integrated one-stop communications media company focused on digital signage and networked advertising offerings for leading brands in industries such as retail, grocery, banking, restaurants, hospitality, government and public spaces, among others. The company's digital media solutions enable the simultaneous delivery of video content to a variety of remote audiences in real time, allowing for immediate customization of messages through a centralized network operations center. More information can be found at these websites: http://www.limelightmedia.com;http://www.impartinc.com; and http://www.ipointnetworks.com.
This release includes projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although the respective managements of IMPART and Limelight believe that the expectations reflected in these forward-looking statements are reasonable, they can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
CONTACT: Isen and Company Cheryl Isen Principal (425) 222-0779 Cheryl@IsenandCo.com
The preparation of our Quarterly Report on Form 10-QSB for the fiscal quarter ended June 30, 2005 was delayed because we consummated the acquisition (the "Impart Acquisition") of Impart, Inc., a Washington corporation ("Impart"), on June 30, 2005, the last day of our fiscal quarter. Such acquisition was previously reported in our Current Report on Form 8-K filed with the Commission on July 7, 2005 and has been treated as a "reverse acquisition" for accounting purposes, with Impart as the accounting acquirer and the Limelight Media Group, Inc. as the accounting acquiree. As a result of this transaction and the complex accounting issues associated with a "reverse acquisition", we were delayed in preparing our financial statements for the fiscal quarter ended June 30, 2005, which are required to be filed with our Quarterly Report. As of the date hereof, such financial statements have been prepared and are being reviewed by our independent accounting firm. Upon the completion of the review by our independent accounting firm, we will file our Quarterly Report on Form 10-QSB for the fiscal quarter ended June 30, 2005, which will be filed within the extension period provided under Rule 12b-25.
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? |X| Yes | | No
As a result of the Impart Acquisition described in Part III above, which has been treated as a "reverse acquisition" for accounting purposes, our results of operations for the three and six months ended June 30, 2005 are the historical results of Impart. We are unable to provide an accurate quantitative estimate of the quarterly results for the three and six months ended June 30, 2005, as we have not yet completed certain steps necessary to provide such an estimate.
SEATTLE, Sept. 1, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTC BB:LMMGE) today announced its results for the second quarter ended June 30, 2005. As previously announced on June 30, 2005, Limelight acquired all of the outstanding capital stock of Impart, Inc. For financial reporting purposes, Impart was considered the acquirer in the transaction and thus, Limelight's historical financial statements and information are those of Impart, Inc.
Limelight's revenues for the second quarter ended June 30, 2005 were $1,016,996 compared to $686,751 in the second quarter of 2004, an increase of 48.1%. Net income in the quarter was $26,792 compared to a net loss of $175,693 in the second quarter of 2004. Revenues for the six months ended June 30, 2005 were $1,907,328 compared to $1,563,269 in the comparable six months of 2004, an increase of 22%. The net loss for the six months ended June 30, 2005 was $160,792, compared to a net loss of $299,188 in the comparable six months of 2004.
The company's revenues are derived primarily from a combination of (i) fees received for managing customers' digital signage networks that the company sells and/or operates, (ii) the sale price of hardware components and software products used in the company's proprietary digital signage network and (iii) the fees received in connection with the delivery of consulting, maintenance and other digital signage services to customers. The increase in the company's revenues for the three months ended June 30, 2005 as compared to the comparable period in 2004 was primarily due to the addition of two new customers in the fourth quarter of 2004.
Furthermore, the company believes that advertisers (brands) such as financial institutions, grocery stores, retail mall operators and other businesses are aggressively seeking new and more compelling advertising outlets than traditional advertising outlets such as network television, radio and print advertising. As a result many advertisers have recently increased their awareness and acceptance of the emerging ``out of home'' media and specifically, the digital signage segment. Contributing to this acceptance, in the company's opinion, is the significant reduction in the cost of housing a digital signage network due to recent price declines in Plasma and LCD screens and the proliferation of broadband, DSL (digital subscriber line) and satellite technologies that can more cost-effectively deliver media content that requires larger bandwidth such as full-motion video. Provided that the company can effectively implement its business strategy to meet the growing demand for digital signage services, it anticipates greater revenues in future periods from each of its revenue models.
David V. Lott, CEO of Limelight Media Group, Inc. stated, ``We are very proud of these results which demonstrate a complete financial turnaround for Limelight corporate, as the parent entity of Impart.'' Lott added, ``Our acquisition of Impart has enabled a winning trifecta that includes a significantly strengthened balance sheet plus better cash flow in addition to significant and positive revenue that we believe is the fuel we need to drive continued and consistent revenue growth and market expansion moving forward.''
Joe F. Martinez, CEO of Impart and Chairman and CFO of Limelight Media Group, Inc., added, ``As the second quarter numbers demonstrate, the Impart acquisition is bringing a revitalization to Limelight by creating a sustainable, blended revenue model that creates a solid foundation to grow the ad-driven component of our business.'' Martinez continued, ``As a result of the Impart acquisition Limelight will be in a significantly stronger position to acquire companies that are financially accretive and offer a strategic and cultural fit, which will be very important to gaining scale in this highly fragmented industry.''
Limelight and Impart are specifically focused on the evolving out of home digital media market, which has seen demonstrated success with emerging companies (in China and other locations) that have recently undergone an IPO or have been funded by first tier venture capital firms, demonstrating the significant interest and opportunity in the ``Out of Home Digital Media'' sector.
This release includes projections of future results and ``forward-looking statements'' as that term is defined in Section 27A of the Securities Act of 1933 as amended (the ``Securities Act''), and Section 21E of the Securities Exchange Act of 1934 as amended (the ``Exchange Act''). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although the respective managements of IMPART and Limelight believe that the expectations reflected in these forward-looking statements are reasonable, they can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
SEATTLE, Sept. 16, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTCBB:LMMG), an innovator in the content, creation and management of out-of-home digital advertising and information networks, announced today that the company's IMPART subsidiary is taking an aggressive stance in its bid to own the patent rights to new digital media networking technology that it believes could fundamentally change how consumers interact with digital media, making it an even more viable communication medium.
Of the patent applications filed, the most important includes a broad method patent for a technology structure to deliver information on media devices in both public and private venues. This technology serves as the basis for the company's industry-first, iPoint Network(tm) solution, a narrowcasting system that includes both passive and interactive advertising and content in a single, standalone, wireless unit. The patent-pending technology that distinguishes this solution from any other system is the relationship between the non-interactive display information and interactive capability. Unlike digital signage that simply displays information; the iPoint Network system lets users interact with the screen to find highly specific, real-time information. For example, as information is delivered in the display portion of the screen, the information available in the interactive portion of the system changes to match. This creates a measurable platform for brands, advertisers and marketers to marry useful information with user-requested information.
Laird Laabs, president of Limelight Media Group and IMPART, a wholly-owned subsidiary of Limelight stated, "We believe that peppering useful information with interaction is the key to making digital media displays work." Laabs explained, "This unique approach moves digital media beyond entertainment into a new realm because it creates a compelling reason for consumers to look at and seek out more information."
Mentioned Last Change LMMG 0.051 (Unchanged) The company plans to continue its aggressive approach to this new and growing business category. For example, the patent-pending, broad technology structure creates a platform for various sub-application patents that have also been filed that specifically address the delivery of unique bits of information for the user to interact with.
About Limelight Media Group, Inc.
Limelight Media Group, Inc., (OTCBB:LMMG), headquartered in Seattle, Washington, is a rapidly expanding digital signage leader in the emerging out-of-home media sector, which is beginning to take center stage with advertisers. The company is growing through a consolidation strategy that includes acquiring the industries best and brightest talent and most advanced solutions to create a broad, integrated one-stop communications media company focused on digital signage and networked advertising offerings for leading brands in industries such as retail, grocery, banking, restaurants, hospitality, government and public spaces, among others. The company's digital media solutions enable the simultaneous delivery of video content to a variety of remote audiences in real time, allowing for immediate customization of messages through a centralized network operations center. More information can be found at these websites: http://www.limelightmedia.com and http://www.impartinc.com.
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