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MidNet, Inc. Launches Private Network Services for Technicolor Creative Services Canada
RENO, NV, Aug. 31 /PRNewswire-FirstCall/ -- MidNet, Inc. (OTCBB: MIDX - News), creator and operator of The Middle Network, announced today it has signed an agreement with the Vancouver location of Technicolor Creative Services Canada (TCS Canada) (formerly Command Post & Transfer Corporation), to provide private digital network services for the secure transport of data between TCS Canada's Vancouver facility and a Vancouver motion picture production complex. Data transmission will take place over The Middle Network; MidNet's recently launched digital communications system, which was designed as a superior, commercial alternative to the Internet.
Peter Fentiman, President and CEO of MidNet, said, "Our agreement with TCS Canada represents the formal commercialization of The Middle Network. Our transition from the developmental to the revenue-generating phase of our business is a milestone for MidNet. We are extremely pleased to be taking this step with TCS Canada."
Initially, the private communications circuit will be utilized to deliver daily content associated with the production of a major Hollywood motion picture. As MidNet continues the rollout of its North American network, management anticipates that TCS Canada's Vancouver facility will concurrently expand its use of the network on future projects.
"We have been working closely with TCS Canada to ensure that our network will provide seamless, secure transmission of their daily production content," Fentiman said. "We are very excited about our relationship with TCS Canada, and look forward to helping them streamline their production efforts."
The Middle Network is designed to support the unique workflow requirements of industries needing secure and rapid transport of large and sensitive data files. For example, the motion picture industry relies on private distribution of daily production content for editing or review, transfer of visual effects elements, and real-time collaboration between motion picture executives and their suppliers. These immense data files, which are too large for most Internet connections, have typically required overnight shipment by courier, but can now be transported via The Middle Network.
About Technicolor Creative Services Canada
With facilities in Montreal, Toronto and Vancouver, Technicolor Creative Services Canada provides post-production services and visual effects for film, television and commercials. The Vancouver facilities formerly operated under the names Alpha Cine and Toybox Vancouver, as part of Command Post & Transfer Corporation. In 2004, Command Post & Transfer was acquired by Technicolor Creative Services Canada, a service line of Technicolor Entertainment Services (TES), which itself is part of the Digital Content Solution division of Thomson.
About MidNet, Inc.
MidNet is the creator, owner, and operator of The Middle Network(TM) - a commercial alternative to the Internet. The Middle Network provides high-speed, high-capacity private digital connectivity to companies and people who wish to create, manage and distribute valuable intellectual properties.
Forward Looking Statements
The statements made in this press release are forward-looking and are based on current expectations that are subject to a number of uncertainties and risks, and actual results may differ materially. The uncertainties and risk include, but are not limited to, the ability of MidNet or the company to execute effectively its business plan, changes in the market for MidNet's proposed network services, changes in stock and business market activity, realization of anticipated customers, seasonality, the development of new products and services, the enhancement of existing products and services, competitive pressures (including price competition), systems failures, economic and political conditions, changes in customer behavior and the introduction of competing products having technological and/or other advantages. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. The company assumes no obligation to update information concerning its expectations.
For further information, please visit our website at http://www.midnetinc.com/ or
call 1-877-609-6188
Investor and Media Contact:
Pfeiffer High Public Relations, Inc.
Geoff High
303-393-7044
MidNet, Inc.
CONTACT: http://www.midnetinc.com/, 1-877-609-6188; Investor and Media Contact:Pfeiffer High Public Relations, Inc., Geoff High, (303) 393-7044
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