Digital Utilities Ventures (DUTV) Forecasts Revenues Of

New Post Public Reply Private Reply Replies (0) Message Board
junewong

Digital Utilities Ventures (DUTV) Forecasts Revenues Of $17,000,000

Date :     02/07/2013 @ 11:35AM
Source :     PR Newswire (US)
Stock :     Digital Utilities Ventures, Inc. (PC) (DUTV)
Quote :     0.0035  -0.0008 (-18.60%) @ 5:00PM

Digital Utilities Ventures (DUTV) Forecasts Revenues Of $17,000,000


Today : Thursday 7 February 2013
Click Here for more Digital Utilities Ventures, Inc. (PC) Charts.

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- Digital Utilities Ventures, Inc (OTCPINK: DUTV), an innovator in Internet Protocol video transport systems, is pleased to release conservative revenue forecasts of $17 million for 2013.  Garry McHenry, CEO of Digital Utilities stated, "TORQ has network and interconnections with major network providers worldwide in Africa, South America and Europe that will allow DUTV to stream its Vizzage Brand Network over these Torq Voice over IP (VoIP) lines at very cost effective rates.  These rates will not only make us most competitive but also very cost effective leading to higher gross revenues and profitability. And we are committed to reinvesting 15% of these profits into research, development, and additional acquistions to further strengthen our position in the marketplace."

McHenry adds, "Ongoing discussions with other strategic partners and private investors could revise these revenue forecasts significantly upward in the next two weeks and expand our access to fiber lines across Europe and thus our reach for advertising dollars and profitability for the Vizzads advertising platform. Bottom line is this access will give us a major competitive and revenue advantage as we stream our IPTV network Vizzage globally."

The company is aggressively pursuing other partnerships in telecommunications that will generate synergy with its network technologies and platforms.  "Big name telecommunication companies and private investors in this space are knocking on our door now and that's very exciting.  It is just a matter of time before we partner with one or more of them as we climb to the top of the IPTV market," concludes McHenry.

About Digital Utilities Ventures, Inc – Digital Utilities Ventures is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006.  The Company was formed to utilize its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services market. The Company went public on March 26, 2009. Website: www.DUTV.US

For further information contact:
Garry McHenry
Digital Utilities Ventures, Inc
Phone: 877-254-4195
E-mail: gmchenry@gmail.com 

Safe Harbor Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE Digital Utilities Ventures, Inc

Copyright 2013 PR Newswire

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Cure Blindness Project's 770K Screenings for World Sight Day

Updated Category News Views 14

Visionary Steps Toward a Brighter Future No two words could describe the task that Cure Blindness Project is tackling this year: vision and action. Marking World Sight Day on October 8, they plan to usher in 770,000 eye screenings across Asia, Africa, and the Caribbean. These initiatives aren't just numbers—they're a colossal step toward lifting the veil of avoidable...

Continue Reading
TA Services Strengthens U.S.-Mexico Freight Operations

Updated Category News Views 12

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Continue Reading
Epic Political Thriller Explores Humanity's Future

Updated Category News Views 7

Adams' Provocative Debut Asks Timeless Questions Sometimes life throws a philosophical curveball, and that's exactly what John C. Adams has done with his debut novel, The Third Phase. This isn't your average political yarn—it's an intricate tapestry intertwining political intrigue, deep spiritual inquiry, and hearty doses of classic philosophy. A Whirlwind Journey...

Continue Reading
Community Banks Missing $106B Lending Opportunity?

Updated Category News Views 17

A Missed Opportunity for Community Banks It's a classic tale: community banks sleepwalking while big players snatch up low-hanging fruit right in their own backyards. According to the latest report by Cornerstone Advisors, commissioned by Teslar Software, these banks are essentially leaving $106 billion on the table when it comes to consumer lending. That's not just chump...

Continue Reading
Pushing for National Liver Cancer Awareness in 2026

Updated Category News Views 13

The Urgency of Liver Cancer Awareness Death doesn’t wait, does it? When liver cancer is the villain in question, every moment becomes precious because this beast doesn’t roar until it’s too late. Here we are in 2026, staring at nearly 31,000 annual deaths in the U.S. alone. But hope flickers with a new congressional resolution aiming to slap a bright spotlight on...

Continue Reading
Charter Next Generation Unveils Gen 2 MDO-PE Films

Updated Category News Views 9

Peering Into CNG's Latest Innovation Charter Next Generation (CNG) just threw down a hefty gauntlet with its launch of next-gen machine-direction-oriented polyethylene (MDO-PE) solutions. They're pushing the envelope on what recycle-ready packaging can do, folks. Let's not mince words—other players in the field better have their game faces on. This ain't just another...

Continue Reading
Purina Institute Highlights Nutritional Science at WSAVA 2026

Updated Category News Views 15

A Global Stage for Pet Nutrition Science The folks over at the Purina Institute are back in the spotlight as they gear up to throw their weight behind the 51st World Small Animal Veterinary Association (WSAVA) Congress in Warsaw, Poland. Set for October 13-15, 2026, this isn’t just another event—they're bringing some serious clout with their 'Food for Thought'...

Continue Reading
NYSE Texas Redefines the U.S. Capital Markets Landscape

Updated Category News Views 16

NYSE Texas: Carving a Niche The notion of 'Y'all Street' might seem like a gimmick, but NYSE Texas is pushing a serious agenda with its newly released white paper, 'NYSE Texas and the Reshaping of U.S. Capital Markets.' This is no small feat. Texas is already housing 235 NYSE-listed companies, boasting a colossal combined worth of $4.8 trillion. With 130 of these firms...

Continue Reading
Dentistry.One Achieves HITRUST i1, Boosts Cybertrust

Updated Category News Views 8

HITRUST i1 Certification: The Gold Standard in Security For a world increasingly reliant on digital infrastructure, cybersecurity certification is no longer just a badge of honor; it's a cornerstone of trust. Dentistry.One nailed this down by bagging that coveted HITRUST i1 certification. When folks talk about securing data, HITRUST might as well be speaking gospel. We're...

Continue Reading
ROKFORM’s Signal Card: A Wallet Tracker for All

Updated Category News Views 10

The Gadget You Didn't Know You Needed Ever feel that momentary panic when your wallet seems to have vanished into thin air? ROKFORM's fresh offering, the Signal Card, tackles that heart-stopping moment head-on. They've taken the mundane act of misplacing your wallet and transformed it with their sleek, credit-card-sized tracker. This baby pairs seamlessly with Apple Find...

Continue Reading

Top 5 Most Recently Viewed Articles

Phoenix Investors Supports Crime Victims with Generous Donation

Updated Category News Views 118

Community Support for Crime Victims Grows with New Donation The Crime Victims Assistance Center (CVAC) is celebrating an important milestone as it receives a generous donation of $10,000 from Phoenix Investors and the Crivello Family Foundation. This contribution is not just a financial boost; it represents a collective commitment to aid those who have faced the hardships...

Continue Reading
Protect Your Holiday Shopping: Norton Shares Crucial Tips

Updated Category News Views 230

Staying Safe During Holiday Online Shopping Norton’s recent report reveals an alarming increase in online shopping scams as consumers head into the holiday season. With over 60% of Americans planning their holiday purchases online, it’s not just shoppers who are preparing — scammers are ramping up their tactics too. A significant 48% of U.S. consumers reported being...

Continue Reading
Vermilion Energy's Upcoming Q4 2025 Results: What to Watch

Updated Category News Views 284

Countdown to Q4 2025: Key Insights Ahead Set your sights on March 4, 2026, because Vermilion Energy is about to serve up its fourth quarter and year-end results. This isn’t just another routine report; it’s the moment potential investors and old hands alike gauge the state of affairs at Vermilion (that’s TSX: VET for you ticker watchers). The world of energy is a...

Continue Reading
Judith Buckner Joins Whirlpool Corporation Board of Directors

Updated Category News Views 348

Judith Buckner Joins Whirlpool Corporation Board Whirlpool Corporation recently announced the appointment of Judith K. Buckner, who is currently serving as the president of Reynolds Cooking & Baking, to its Board of Directors. This impactful decision is effective immediately. Buckner will contribute her expertise on both the corporate governance and nominating committee...

Continue Reading
Market Sentiment Analysis on Bank of New York Mellon Corp

Updated Category News Views 137

Understanding Short Interest in Bank of New York Mellon Corp Bank of New York Mellon Corp (NYSE: BK) has seen a notable decline in its short interest, dropping by 11.35% since the last report. Currently, there are approximately 8.71 million shares sold short, constituting 1.25% of the total shares available for trading. This level of short interest suggests that it would...

Continue Reading