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LONDON — SexQube.TV (Pink Sheets:PTEI), the world’s first free-to-air, fully interactive adult broadband TV and VOD service announces a significant boost in viewers and subscriptions.
Following recent marketing initiatives including the first of the channel’s magazine campaigns in December and January’s database marketing and online affiliate programs, traffic and subscription figures between December and February have increased 150% month by month.
These increases will be further boosted by rights acquired to an opted-in email database of 60,000 regular adult buyers in the UK and Eire. A highly targeted online campaign starts this week and is forecast to generate additional sales of $60,000 per week based on a 10% buy rate of 1 movie per week.
In addition SexQube.TV now benefits from a new, improved streaming service on the free-to-air broadband TV channel. Improvements to the streaming network now mean that the free-to-air feed runs near perfect even over a low bandwidth (>1Mbs) connection. By June 2007 broadband subscriptions in OECD member countries reached 221m (Source: OECD June 2007).
Petel Incorporated’s Quarterly Reports since debuting on Pink Sheets can be viewed here:
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Petel Incorporated’s forecasts and business plan are included in the Corporate Overview, published on the Investor Relations page at www.petel.co.uk
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Petel, Inc. see "Risk Factors" in the Company’s Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
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