Ludwig Enterprises, Inc. (Pink Sheets:LUDW) Board of Directors announces
selection of the Nissen Law Group to file patents for a revolutionary
new Digital Broadcasting Platform. The technology is an outgrowth of
over a decade of research and development. The platform is intended to
work in conjunction with software and hardware provided through Ludwig’s
technology partners. Ludwig has been advised by council not to divulge
further technical information at this time. For further information
please refer to earlier press releases as well as our web site, www.ludwigent.com.
Ludwig’s revolutionary new digital platform
will allow transmission of fifty (50) simultaneous channels of ethnic
and alternative media broadcasting. The under-serviced or un-served
foreign speaking market will have a medium to hear programs in their
native languages. Content will include news from their homeland as well
as content about activities in their local U.S. communities. Currently
the US has about 30+ million foreign-born citizens or residents. Many in
this group are middle or upper income producers. Many advertisers desire
access to this group but have limited means to promote their products in
a cost effective manner. Ludwig will link advertisers supply to targeted
communities demands.
Other non-traditional groups will also have access on this revolutionary
new platform. Discussions are in progress with content providers to
program an opera channel, an educational channel, a meditation channel
and more.
Ludwig’s model is designed to provide
specialized programming content not just to one local area but over its
network to fifty (50) geographical markets. No one market has to have a
large number of subscribers. The cost of programming can be spread over
all fifty (50) markets to make specialized programs available to
targeted small but valuable groups of listeners.
ABOUT LUDWIG ENTERPRISES, INC. – Ludwig
Enterprises, Inc., (LUDW), is a Nevada based technology company with
regional offices in Miami, Florida. LUDW has acquired license rights for
a revolutionary new method of radio broadcasting. This technology
attaches fifty new digital broadcast channels to an existing FM radio
signal. This technology will allow Ludwig Enterprises to contractually
acquire the right to utilize currently issued FM radio station spectrum
with minimal regulatory requirements. The company intends to deploy this
technology into the fifty largest US demographic markets.
Ludwig Enterprises, Inc. has chosen not to compete with the major radio
networks offering “top 50 programming”
but to focus on the underserved or un-served foreign language market.
Programming will consist of twenty-four hour a day programs in such
languages as Chinese, Pakistani, Russian, Hebrew and many others.
Additionally there will be a limited number of specialty channels
focusing on twenty-four hour a day old time radio programs, readings of
local and national newspapers (without commentary), specialty music
channels including jazz and music forms not played on conventional
stations, and educational programming.
ADDITIONAL INFORMATION about Ludwig Enterprises, Inc., as well as
corporate structure and stock capitalization, can be viewed on the
Company's Web site: www.ludwigent.com.
Safe Harbor
Forward-looking statements made in this release are made pursuant to the “safe
harbor” provision of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements made by Ludwig
Enterprises, Inc. are not a guarantee of future performance. This news
release includes forward-looking statements, including with respect to
the future level of business for the parties. These statements are
necessarily subject to risk and uncertainty. Actual results could differ
materially from those projected in these forward-looking statements as a
result of certain risk factors that could cause results to differ
materially from estimated results. Management cautions that all
statements as to future results of operations are necessarily subject to
risks, uncertainties and events that may be beyond the control of Ludwig
Enterprises, Inc. and no assurance can be given that such results will
be achieved. Potential risks and uncertainties include, but are not
limited to, the ability to procure, properly price, retain and
successfully complete projects, and changes in products and competition.
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