ATLANTA, GA (October 27, 2010) - After an in-depth study and simulation of Omnytex Media Group’s (OMG) capabilities, product line, management team and market size, Thawer Ashcroft Crowne & Co. has entered into an agreement with OMG to offer default-proof, collateral- backed portfolio of fully funded assets to the investment partnerships. The assets will have combined face values equal to or exceeding the total amount invested in OMG and will offer full security for the invested funds, in the event of a future default by OMG.
OMG is new media company focused on providing an end to end solution for the growing IPTV and Digital out of Home market. The mission of OMG is to develop a media and technology organization that provides a unique content offering that initially satisfies the Digital out of Home (DooH) commercial market, and subsequently digital in home and mobile markets. Additionally, as a result of the technology partnerships, OMG will provide solutions that provide significant bandwidth benefits and cost savings to broadband providers. OMG will provide IPTV service to Digital out of Home (DooH) customers utilizing a hybrid content delivery platform. OMG provides programming content channel packages targeted to a specific market segment or industry thereby providing an opportunity for fee place based advertising. The technology solution deployed by OMG will assist ISP’s and Telco’s to provide a secure and reliable Internet distribution platform that address many issues associated with bandwidth maximization and the end users quality of service experience. By taking a dual approach as an IPTV Content Provider and IPTV Service Provider, the OMG solution set minimizes the bandwidth demand for content providers and enhances content distribution for Service Providers.
Thawer Ashcroft Crowne & Co.’s innovative and intricate financial investment models play an influential part in acquiring capital for various industries through its nonconventional yet solid strategies, which entail offering an investment security via full collateralization of distinct asset classes. Thawer Ashcroft Crowne & Co is a pioneer in offering such security to all parties engaged, yielding favorable results.
Thawer Ashcroft Crown & Co. Contact:
Rahim Thawer, Managing Member
(404) 865-3389
rahim@disruptinc.com
OMNYTEX Media Group Inc. Contact:
Robert Cohan, CFO
(201) 694-1958
robert.cohan@omnytexinc.com
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