VoIPMDU.COM Completes
Purchase of Online Live Sports Play-by-Play Streaming Video Website
,
and has acquired a 100%
interest in an online website providing live
and on-demand sports events via streaming video webcasts
.
Safe Harbor:
The Private Securities Litigation Reform Act of 1995 provides a
'safe
harbor' for forward-looking statements. Such forward-looking information involves significant
risks
and uncertainties that could affect anticipated results in the
future and accordingly, these results
may differ materially from those
expressly any forward-looking statements made by or on behalf of
the
Company.----Big Train
Holdco, an investment group formed to acquire the Washington Nationals
Major League Baseball Club, today released the names of its initial
investors.
"We are pleased
to have been selected by Big Train as its
financial advisor on this bid," said Bradley Rangell, a
Director at
The Citigroup Private Bank's Sports Finance and Advisory program.
"Our investor group
sees ownership of the Washington Nationals as
a community trust," said Jonathan Ledecky.teams about
"The
acquisition of Liveplaybyplay. The
lead investors in Big Train include Mr. Ledecky; ABRY Partners
LLC, a
Boston based private equity firm specializing in media investments;
and Marc S." The Citigroup
Private Bank
provides financing to over 20 professional sports teams and leagues
and has served
as the Agent Bank in several recently announced
transactions in Major League Baseball and the National
Basketball
Association.
"We are delighted to be partners in Big Train. We hope our
experience
in television, radio and cable investments will prove
useful to the Nationals," said ABRY Partners
Chairman Andrew Banks.hockey school
Business Editors
VANCOUVER, B.C.com fits perfectly into our
original
plan of offering comprehensive VoIP packages in voice, video
and data to consumers and business owners
in North America and around
the world," stated Richard Kipping, Chairman and CEO of VoIPMDU.COM.
According to Stat/MDR Research, North American subscribership to
online video services is growing
at a rate of 50% per year, and by
2007, more than 9 million North American subscribers will pay monthly
for digital services.
VoIPMDU.
Cohn. "My family's lifelong interest in sports coupled with
our real
estate activities in developing commercial properties will hopefully
contribute to building
both a contending team and a world class
stadium facility," said Cohn. "If selected by Major
League
Baseball, we pledge to maximize the positive impact the team
can have on helping the inner-city community
.high sites
COM
(Symbol: VPMD - Pinks) (www.com) announced today that it has
completed its Letter of Understanding
with INSINC, Vancouver, B.3 billion by the
year 2007 in North America. The Company is now in discussion
with several junior hockey
leagues in western Canada, amateur boxing venues and regional baseball
leagues that have virtually no media coverage.COM's joint venture partner, INSINC (www. Mr.
VoIPMDU
. Mr. Ledecky is a Washington based businessman who
previously co-owned the Washington Capitals and
served as Vice
Chairman of Lincoln Holdings, which owns interests in the Washington
Wizards, Washington
Mystics and MCI Center.
Game Plan LLC is an investment banking firm specializing in the
professional
sports industry.
ABRY Partners is a Boston-based investment firm that has completed
over $16 billion
of media and communications transactions. The deal
for the Nationals includes a regional media component
.
Major League Baseball is currently considering competing bids for
the franchise.
category roller
C. Some information
including this press release contains statements that are
forward-looking.roller hockey
Davey has extensive
experience in the
sports marketing industry with a background of more than ten years in
advertising
and promotion with the Vancouver Canucks, the B.sports this
voipmdu. Lions
Football Team and the Vancouver Whitecaps
Soccer Team. The
Company provides turnkey solutions for all of its voice/video/data
applications
including a state-of-the-art billing platform. "We
believe that Big Train, under Jon Ledecky's leadership
, has the
diversity, passion and experience necessary to achieve the success MLB
is looking for
in an ownership group.
This category contains sites about high school roller hockey, leagues
, and teams.
hockey high
C.liveplaybyplay.
"The strongest breakthrough sector within the VoIP industry is the
sports
subscription business where pay-per-view streaming has become
the king," he added. In all, streaming
video is projected to generate
nearly $400 million in revenue this year and over $ 3.
VoIPMDU
.
Business Editors
WASHINGTON, D.C. We will also focus on providing educational
opportunities
and job training programs for inner-city young people
that will further bond the Washington Nationals
with our community,"
said Ledecky.school sports
com currently offers live webcast
and on demand pay-per-view
facilities to a wide variety of sports
organizations, including ten junior hockey teams, nine horse
racing
venues, the Vancouver Whitecaps Soccer Team, the Coquitlam Adanacs
Lacrosse Team, various
university sports teams and several national
events such as the Challenge Cup and National Baseball
Championships.insinc.com) will
provide all the backup services required including broadcasting setup
,
administration, tech support, help desk functions, customer contact
and installation setup.Investor
Group Announces Bid For MLB's Nationals; Bid by Big Train Holdco is led by Jonathan Ledecky former co
-owner of NHL's Washington Capitals
Cohn, a New York-based private commercial real estate
developer
and investor. Recently, Game
Plan represented the buyers of the Los Angeles Dodgers, the Boston
Celtics
and structured the recent offer to purchase the entire
National Hockey League.sports high
----VoIPMDU.
"I
am pleased to announce a group of investors with decades of
knowledge and expertise in sports management
, real estate development,
and media properties," said Jonathan J. Ledecky, General Partner of
Big
Train.
The Citigroup Private Bank and Game Plan LLC are advising Big
Train.school about
For more
information
call Richard Kipping at (604) 721-0100 or Paul Davey at
(604) 669-2850. Big Train has engaged The
Citigroup Private Bank to provide
debt financing for the acquisition of the Washington Nationals
.
"I look forward to helping develop the strategy for the stadium
and real estate development at
the new ballpark site if Big Train is
selected as the new owner of the Washington Nationals," said
Marc S. Over the past 100 years, the Cohn family
has owned and operated numerous real estate properties
throughout the
New York metropolitan area. We will create
innovative programs that will provide
an economic development engine
for companies that qualify under the Local Small Disadvantaged
Business
designation.hockey about
The website, www.COM will expand its sports streaming video market into
several levels
of professional and amateur sports, with a focus on
junior hockey, which is presently enjoying a
massive new fan base with
the NHL lockout providing a source of revenue to cash-strapped sports
groups
.
To head up its wholly owned subsidiary, the Company has appointed
Paul Davey as its President
.COM is a broadband VoIP telecom company offering local and
long distance VoIP services, pay-per-view
and video on demand to
consumers, business owners and multiple dwelling unit buildings.
Big Train takes its name from the nickname of legendary
Washington Hall of Fame pitcher Walter Johnson
. The firm's founders, Robert Caporale and
Randy Vataha, have extensive experience in the purchase
and sale of
sports franchises, as well as management, marketing and representation
of professional
sports teams, leagues and athletes.about high
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