Voyant Management Sees No Delay in Its Development Plans for White Space Radio Technologies
February 04 2009 - 7:32PM
Marketwired
Management of Voyant International Corporation (OTCBB: VOYT), a
diversified media and technology holding company dedicated to
improving the quality of the digital world for both businesses and
consumers, commented on today's Congressional vote to delay for the
conversion of broadcast television signals from analog to digital.
The company is developing technologies to exploit the "white space"
radio spectrum that will become available once analog TV broadcasts
cease.
Once the bill has been signed into law by the president, the FCC
will defer availability of the new white space spectrum to June 12,
instead of the originally-planned date of February 17.
"The delay in the availability of the white space spectrum will
not impact Voyant at all," commented Voyant's chief technology
officer, Herschel Stiles. "The process of FCC certification needs
to be performed before FCC-compliant white space radio (WSR)
technologies can be used in applications beyond the kind we're
currently innovating, and therefore the delay in the availability
of new spectrum is does not impact our WSR radio development
initiative. There are compliance aspects that other companies may
find a barrier to entry, but these are precisely the details that
our WSR team is particularly adept at handling. We continue to
believe that Voyant is uniquely suited to emerge as a prime
supplier of WSRs to a large, new industry with multi-billion-dollar
potential. Our plans remain on track."
About Voyant
Voyant is a media and technology holding company focused on
bringing innovative technologies, media assets, and strategic
partnerships together to deliver next-generation commercial and
consumer solutions to empower, enhance, and enrich our digital
world. The company works with strategic partners in the technology
and entertainment sectors to locate, partner with, and acquire
complementary technologies and media assets that position the
company in the value chain from content creation to direct
distribution to the consumer. More information can be found at
http://www.voyant.net. To receive public information, including
press releases, conference calls, SEC filings, profiles, investor
kits, news alerts and other pertinent information, please register
at http://www.voyant.net/investorpass.
Safe Harbor
This news release contains forward-looking statements, including
but not limited to, those that refer to the company's future
development plans or operating results. Actual results could differ
materially from those anticipated due to risk factors that include,
but are not limited to, lack of timely development of products and
services; lack of market acceptance of products, services and
technologies; inadequate capital; adverse government regulations;
competition; breach of contract; inability to earn revenue or
profits; fluctuation of international currency rates; dependence on
key individuals; dependence on outside parties for sales, customer
support, and/or customer retention; inability to obtain or protect
intellectual property rights; inability to reach or execute
mutually agreeable business plans; inability to obtain listing for
the company's securities; lower sales and higher operating costs
than expected; technological obsolescence of the company's
products; litigation; limited operating history and risks inherent
in the company's markets and business; and other factors discussed
in Voyant's most recent Annual Report on Form 10-K and our
Quarterly Reports on Form 10-Q filed with the SEC. Investors are
advised to read the Annual Report, quarterly reports and current
reports on Form 8-K filed after the most recent annual or quarterly
report. The forward-looking statements in this press release
represent the company's current views as of the dates of individual
pages, and the company disclaims any obligation to update these
forward-looking statements.
Voyant Media and Investor Contact: Sean Collins CCG Investor
Relations +1 310-477-9800, ext. 202 Sean.Collins@ccgir.com
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