Topic: OTCBB: Must-Watch Market Action in RAYS
RAYS Announces Agreement with Global Broadcaster
Must-Watch Market Action in RAYSBREAKING NEWS
On December 22, Raystream Inc. (OTCBB: RAYS) announced its first major agreement with a high-visibility name: Christian Broadcasting Network (CBN), a multifaceted nonprofit organization that provides cable, broadcast and satellite programming in more than 108 languages to approximately 200 countries, reaching an average daily audience of one million viewers.
CBN will implement Raystream's first-of-its-kind, real-time HD video compression streaming software for a 60-day trial period with an opt-in program. This cutting-edge live-streaming technology—which hit the market just a few weeks ago—enables HD video to be compressed as it is generated, prior to streaming over the Internet. In the initial stages, CBN will be using the technology to broadcast HD video into the Middle East.
EDITOR'S COMMENTARYThis partnership with a renowned global broadcaster underscores how broadcasters are beginning to recognize the value of Raystream's video compression and live stream technology. And as a result, the CBN deal could be a catalyst for many more big-brand contracts for RAYS.
The CBN agreement also comes on the heels of several key announcements during November:
Raystream launched its new high-definition 3D video compression service.
And European video advertising production company Laterna Magica—with high-profile clients such as Nestle, Lufthansa, Alfa Romeo, and Danone—signed a contract to use Raystream's compression solution for high-quality, low-bandwidth HD video.
This announcement is a prime example of why this company won't stay under the radar much longer.
Get all the background details from the full Stock Market Authority research report here —and get ready to ride Raystream to riches.LEGAL DISCLAIMER: Neither Stock Market Authority, LLC nor Elliott Dobbs is a registered investment advisor or a Broker/Dealer. As such, Stock Market Authority, LLC does not offer or provide personalized investment advice. Although Stock Market Authority, LLC employees may answer general customer service questions, they are not licensed under securities laws to address your particular investment situation. Nothing in this report, nor any communication by our employees to you should be considered personalized investment advice.
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