EXHIBIT
99.1 PRESS RELEASE
10,000
Residential Homes Added to B2Digital Network, as Company Acquires Five Cable
Operation Franchises and Boosts Revenue
Acquisition
Accelerates Company's Expansion of Digital Broadband and IPTV
Services
PHOENIX,
March 19, 2007 (PRIME NEWSWIRE) -- B2 Digital, Inc. (OTCBB:BTOD), an innovator
in the digital content delivery business, announced today its purchase of five
cable franchises from Eagle West Communications, Inc., an Arizona-based cable
service provider.
"The
acquisition of these franchises fits squarely into our global strategy of
advancing our digital technology and IPTV services into the cable television
market," stated B2Digital's Vice President and Chief Operating Officer, Paul
LaBarre. "The franchises provide us with a strong existing customer passing
of
over 10,000 residential homes and allows us to cost effectively deliver our
digital services to these customers. By utilizing the revolutionary Challenger
DTTS-7000 Digital Cable Transmission System which delivers digital DVD quality
content and IPTV through the existing network, we can offer a greater variety
and higher quality of digital entertainment services at lower costs to the
user,
instantly increasing the customer base and revenue generation models."
B2Digital's
CEO, Robert Russell added, "We are extremely pleased to have acquired such
an
undervalued asset on such favorable terms. These franchises have historically
provided monthly revenue generation of over $35,000 with projected minimum
gross
annual revenues of $420,000. We expect to rapidly and substantially increase
their current monthly revenue generation by more than fivefold over the next
twenty four months by offering our expanded high quality digital services at
extremely competitive rates. The acquisition of Eagle West's franchises and
related customer base will allow us to quickly and efficiently expand our
digital entertainment and IPTV services to the consumer market."
More
information about B2Digital, Inc. including their Independent CFA Investment
Analysis report prepared by Investor Insight and links to their Securities
and
Exchange Commission public filings can be found on their webpage at
www.audiostocks.com.
About
B2Digital
B2Digital
is a leading innovator in the delivery of digital content. B2Digital is actively
designing new technologies to be integrated into existing content delivery
platforms for small to medium-sized cable television companies, allowing cable
companies to deliver more and higher quality services through existing hardware
platforms. B2Digital, through its wholly owned subsidiary Hotel Movie Network,
also owns a minority interest in www.b2now.com, a provider of community oriented
content through Internet Protocol Television.
About
AudioStocks.com
AudioStocks.com
is an Internet-based publishing platform designed to create, catalogue,
distribute and make functional, financial content and data related to that
content. AudioStocks.com solutions generate rich media exposure for public
and
private companies, industry groups and investment professionals through the
AudioStocks.com proprietary software platform. AudioStocks.com software is
primarily used to: (1) facilitate executive and company participation in
industry and event-based roundtables and conferences; (2) create and distribute
audio-based content related to a particular private or public company or an
industry in which a company conducts business; (3) append interview-related
and
other rich media content to traditional press releases; and (4) for registered
investment professionals only, to add interview-based audio content to financial
research. AudioStocks.com content is distributed to millions of individuals
online and over 30,000 financial professionals, including North American and
international buy-side analysts, investment research professionals and portfolio
managers. All content is copyrighted to protect licensing partners.
Forward-Looking
Statements
Statements
contained herein that are not historical facts are forward-looking statements
within the meaning of the Securities Act of 1933, as amended. Those statements
include statements regarding the intent, belief or current expectations of
the
company and its management. Such statements reflect management's current views,
are based on certain assumptions and involve risks and uncertainties. Actual
results, events, or performance may differ materially from the above
forward-looking statements due to a number of important factors, and will be
dependent upon a variety of factors, including, but not limited to, the
Company's ability to obtain additional financing and the demand for the
Company's products. The Company undertakes no obligation to publicly update
these forward-looking statements to reflect events or circumstances that occur
after the date hereof or to reflect any change in the Company's expectations
with regard to these forward-looking statements or the occurrence of
unanticipated events. Factors that may impact the Company's success are more
fully disclosed in the Company's most recent public filings with the U.S.
Securities and Exchange Commission ("SEC").
CONTACT: B2Digital,
Inc.
Robert Russell
(310) 281-2571
AudioStocks.com, Inc.
Phillip Morgan
(760) 804-8844, x204