XRAYMEDIA's Center of Innovation Technology Website www.livecit.com Launches Today, November 15, 2005
NEW YORK & ENSCHEDE, Netherlands--(BUSINESS WIRE)--Nov. 15, 2005--XRAYMEDIA, Inc., (OTCBB: XRYM - News), an industry leader in real-time negotiating technology, announces today's launch of The Center of Innovation Technology (CIT) www.livecit.com website. The CIT is designed to further empower technology progression by supplying a real-time online venture exchange. International research & development immediately matched with entrepreneurs and investors worldwide, by the Company's distinctive technology, generates the core power of the Center of Innovation Technology. The CIT is able to employ numerous Venture Exchange Networks to address the needs of all research and development entrepreneurs through its live information and instant financial negotiations technology.
XRAYMEDIA President & CEO Mr. Hans Johannes Schulte remarks, "Today marks the beginning of a new form of communication simplification; an advancement in the realm of technology that had yet to be implemented. We are very excited about this new development."
Today the Center of Innovation Technology website is being launched, the Live Open Marketplace (LOM) technology is currently being upgraded to include a hybrid mix of live auctions and live negotiating technology, once completed it will be integrated into the CIT website for full interactive capabilities. This technology will be the backbone to the CIT Technology Trading Floor. This Trading Floor will cater to the technology industry by combining the versatility of live online negotiations and auctions with the buying and selling of international technologies. Complete with video & image components, CIT's Technology Trading Floor allows users to systematically assess products and information before commencing live negotiations or live auctions. The CIT Technology Trading Floor will be available to the global community, 24 hours a day, 7 days a week and will permit multiple negotiations simultaneously, online, via a secured, encrypted platform. Registered users will be able to login and gain online access to the most up-to-date technological advancements available worldwide. XRAYMEDIA is excited to release one of the most powerful technologies for live Internet auctions and negotiations on the market today. For a preview of this commanding technology, please visit www.negotiationstation.com to see the currently launched version.
ABOUT CIT
The Center of Innovation Technology (CIT) is an information space enabling worldwide access to research and technological developments, live Internet negotiations, and International innovative business opportunities on emerging technologies. CIT focuses mainly on Chemicals, Biology, Medicine, Energy, Environment, IT, Telecommunications, and Industrial Technologies. The Center of Innovation Technology is designed to serve and support the ambitions of entrepreneurs worldwide. The CIT Technology Trading Floor is currently populated with over 1000 unique company listings. Each company registered uses the Technology Trading Floor to request R&D progress, collaborations and partnerships, marketing and or initial or secondary financing as well as offering new technology available to the market. The Center of Innovation Technology is proud to be using one of the most powerful technologies for online businesses on the market today. Please visit www.livecit.com for more information.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as ``will,'' ``anticipates,'' ``believes,'' ``plans,'' ``goal,'' ``expects,'' ``future,'' ``intends'' and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at http://www.sec.gov.
Contact:
XRAYMEDIA
Mr. Hans Johannes Schulte, 1-888-777-0658
info@xraymedia.com
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