Wednesday, January 09, 2008

The morning press - digital signage news for January 9

Here are some of today's interesting clips from the web:

WatchIt Technologies to launch Safety Product Line - WatchIt Technologies, Inc. announced that it has teamed with Child Watch Neighborhood and Global Sourcing & Innovations for the initial launch of the Child Watch Network and Child Watch Safety products during the Hong Kong Toys & Game Fair (a digital signage network for retailers)

Wireless Ronin gives NewSight a credit extension: Under the agreement, Wireless Ronin agreed to credit NewSight customer deposits aggregating $277,488 against the amount payable under the note, retroactive to its date of issuance. As a result of this credit, the current principal balance of the note is $2,339,979. The parties agreed that no further credit would be extended by Wireless Ronin to NewSight under the note. What happens to their stock on April 1 if/when NewSight fails to pay and they have to restate '07 earnings?

TouchTunes Tops Industry With Installation of Its 30,000th Digital Music System - TouchTunes Music Corporation is the largest out-of-home interactive entertainment network, providing innovative solutions to over 30,000 bars, restaurants, retailers and other businesses in North America - three times larger than the nearest competitor. TouchTunes introduced the world's first digital-downloading, pay-per-play commercial jukebox in 1998 and now operates the largest network of interactive entertainment systems, playing over 1.5 million songs per day. ok, so it's more of a kiosk network than a digital signage network. Still, 30,000 is a lot of screens!

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