SEATTLE , Oct. 27 /PRNewswire-FirstCall/ -- ReelTime Rentals, Inc. (Pink Sheets: RLTR) announced today that is has signed a letter of intent to enter into a cooperative marketing agreement with EthoStream, LLC, offering EthoStream's hospitality customers access to ReelTime's streaming movie and rental service.
"The wireless broadband solution will initially provide access to approximately 2,500 hotels across America," said Barry Henthorn , CEO of ReelTime. "That's about 210,000 potential customers for ReelTime.com per day that we intend to convert into "Reel" revenue for both of our companies."
Under the agreement, ReelTime will be delivering its high-quality video content over EthoStream's leading-edge high-speed Internet access system, enabling hotel guests to watch DVD-quality movies over the Internet on their laptop computers.
About: ReelTime Rentals, Inc.
ReelTime delivers the first DVD quality "Point, Click, and Watch" user experience available on the World Wide Web with its proprietary broadband media delivery system. Reeltime.com is providing the public the next generation of online media viewing technology, designed with the built in capacity for unlimited growth. ReelTime Rentals can be found at http://www.reeltime.com.
ReelTime Rentals, Inc. is not affiliated with the Australian company Reeltime Media which had previously been de-listed from the Australian stock exchange.
About EthoStream, LLC:
EthoStream, LLC is a technology solution provider targeting the hospitality and MDU/MTU verticals. Operating one of the largest hospitality high-speed Internet access (HSIA) networks in the U.S., EthoStream is a preferred or endorsed provider for some of the world's largest hotel franchisors. Now offering solutions including VOD, VoIP, digital video surveillance, Internet connectivity and HSIA packages, EthoStream has developed the most comprehensive technology management platform available for the hospitality industry. EthoStream has distanced itself from other providers in the hospitality HSIA field through the size of its EthoStream Hospitality Network, high quality of technology and support provided to network members, security of the network and overall guest satisfaction. Beyond claims made by competitors, as the premier hospitality HSIA provider, EthoStream has continued to lead the industry through end-to-end service and its high quality standards. To learn more about EthoStream's products, services and EthoStream Hospitality Network, please visit http://www.ethostream.com.
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future events or transactions, sales of products or performance.
SOURCE ReelTime Rentals, Inc.