Austin, TX 11/6/2007 8:27:23 PM
Speak with other shareholders about: (OTCBB: COPY), (OTC: BUNM), (OTCBB: AAGH), (OTCBB: DCFF).
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CopyTele, Inc. (OTCBB: COPY) (Fri, November 2, 2007, 9:41am EDT) CopyTele, Inc. announced today that it has entered into a license agreement with Videocon Industries Limited (Videocon) of India
under which Videocon will manufacture and market products, including TV's, using CopyTele's display technology. Under the agreement, Videocon will pay CopyTele a license fee of US$ 11 million
payable in installments over a twenty-seven (27) month period and a royalty based on display sales by Videocon, subject to the necessary regulatory approvals in India. Videocon and CopyTele will
jointly cooperate to select other potential licensees of CopyTele's display technology. Furthermore, Videocon and CopyTele will each have one senior advisor to the other's board of directors.
To further strengthen the alliance, one of the Videocon Group companies has agreed to purchase 20,000,000 shares of CopyTele's common stock and CopyTele has agreed to purchase, subject to certain
conditions, 1,495,845 Global Depository Receipts (GDRs) of Videocon within 30 days. Videocon's GDRs are listed on the Luxembourg Stock Exchange.
Under the license agreement, Videocon and CopyTele will work together to effect the license of CopyTele's display technology to Videocon and to fabricate production tooling and fixtures for
Videocon to mass produce the CopyTele display. Videocon has production facilities that are currently producing Plasma displays and has announced plans to set up display production facilities in
China, India and Italy. In addition, Videocon has purchased from Thomson SA of France production facilities for CRT-type displays. Videocon intends to modify its current Plasma display production
facilities and to use the CRT-production facilities and know-how it acquired from Thomson to produce the CopyTele display. Videocon also has extensive experience in technologies utilized in the
CopyTele display. Videocon has experience in phosphor and vacuum sealing technologies which can be adapted to CopyTele's display.
CopyTele Chairman and CEO, Denis A. Krusos, said "We believe that our complementary know-how make CopyTele and Videocon an ideal alliance to introduce into the flat panel display market low cost
and energy efficient displays to meet the requirements for the mass consumer market."
Videocon Industries Limited is the 3.5 Billion US Dollar flagship company of the Videocon Group, one of India's leading business houses. Videocon Group is a fully integrated consumer electronics
and home appliances enterprise with backward integration in Plasma Panel, CRT Glass, Color Picture Tubes and other key components for the consumer electronics, home appliances and components
industries. The company also operates in the Oil & Gas sector through its 25% participating interest in Ravva Oil Field which produces 50,000 barrels of oil per day. The group also has
participating interests in exploration activities in Oman, Timor, Brazil, and Australia. The Videocon Group has the widest sales & service network in India supporting seventeen locally-based
factories. In addition, the Group operates facilities in Italy, Poland, Oman, China and Mexico. For more information on Videocon, visit www.videoconworld.com.
CopyTele's principal operations include the development, production and marketing of its thin flat low voltage phosphor displays and the development, production and marketing of multi-functional
encryption products, hardware and software-based, that provide information security for domestic and international users over virtually every communication media. For additional information, visit
CopyTele's website at www.copytele.com.
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Burned Media Ltd. (OTC: BUNM) (Mon, November 5, 2007, 9:45am EDT) Burned Media Ltd., a Digital Music and Media company, has announced continued strong growth of the www.hypster.com music discovery
property, with user levels surpassing the 100,000 mark.
The company reported in September of 2007 the site attracted an additional 25,050 new subscribers surpassing the 92,750 registered user mark. October 2007 saw the site grow by an additional 28,450
subscribers finishing the month with 121,200 registered users.
This resulted in over 350,000 visits to the site by over 140,000 unique visitors; up from 245,000 visits and 102,000 unique users in the previous month. Pageviews grew to 5.6 Million in the month
from 4.26 Million in September.
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Asia Global Holdings Corporation (OTCBB: AAGH) (Mon, November 5, 2007, 9:00am EDT) Asia Global Holdings Corporation has announced that management account results for the third quarter ended
September 30, 2007 show the quarter's revenues from its media & advertising business segment at approximately $3,843,451 representing an approximate 90% increase compared to revenues of $2,017,736
for the third quarter ended September 30, 2006. Further, unaudited segment income for the third quarter this year is approximately $1,481,462 compared to $855,232 for the quarter ended September
30, 2006. Actual third quarter financial results will be available in the Company's quarterly report.
Beginning with the third quarter the Company changed its financial segmentation moving all TV entertainment related business, conducted by its subsidiary China Media Power, from its "Media &
Advertising" segment into a segment titled "TV Entertainment" while leaving its longer-standing non-broadcast media and advertising business in the "Media & Advertising" segment.
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Diet Coffee, Inc. (OTCBB: DCFF) (Mon, November 5, 2007, 8:15am EDT) Zevotek, Inc., a wholly owned subsidiary of Diet Coffee, Inc., is pleased to announce that in August 2007 it received purchase
orders from Walgreens (NYSE: WAG) for its Ionic Bulb product. Walgreens is the nation's largest drugstore chain and operates more than 6,000 stores in 49 states and Puerto Rico. We are currently
scheduled to deliver these orders on December 19 and we expect Walgreens to have the Ionic Bulb on its shelves in early 2008.
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