Source: LTDnetwork, Inc.
NEW
YORK, March 7, 2006 (PRIMEZONE) -- Advanced Technology Industries, Inc,
(OTCBB:AVDI), today announced that Jerome FitzGibbons will be providing
consulting and business development services for the ATI Subsidiary
LTDnetwork's Qtrax P2P network.
Allan Klepfisz, ATI CEO, stated, "We are excited to have Jerome
bring his expertise in maximizing advertising efficiency, quality and
revenue generation to bear on Qtrax. In our ad-supported P2P model,
Jerome's expertise will be integral to fulfilling our charter of
assuring content rights holders their fair slice of the music P2P pie."
"I believe that Qtrax represents a new and valuable venue for
advertisers that have been seeking to reach the vast P2P music
file-sharing community but have held back due to the past legal
implications of supporting questionable file-sharing schemes," said Mr.
FitzGibbons. "Qtrax respects both intellectual property values and
music enthusiasts desire to access and listen to a wide musical
spectrum."
Qtrax is a soon-to-be launched ad-supported legal P2P service that
marries the power of Peer-2-Peer and quality Internet advertising to
provide improved value to the consumer. Qtrax will provide users with a
legal file-sharing venue designed to prevent the unlawful distribution
and/or reproduction of unlicensed copyrighted content and provide for
the protection of intellectual property owners' rights, as well as
their compensation. Files authorized for sharing by content owners will
be freely transferred via the Qtrax P2P network and supported via
Audible Magic content filtering technology.
Jerome FitzGibbons was most recently with Forbes.com as vice
president, audience development, with responsibility for developing and
implementing new business relationships. Prior to Forbes, FitzGibbons
was with 24/7 Media, where as VP, business development -- portfolio and
network advertising sales, he handled all functions related to online
ad sales representation and publisher relations. Previously he was
senior vice president sales, for a Vivendi/Universal division,
overseeing all sales functions for advertising and content syndication
for a new global media and e-commerce site called GetMusic.com. At
Reuters PLC he was VP, business development -- Americas, in addition to
other senior advertising and sales positions. FitzGibbons also worked
at Dun and Bradstreet, Inc.
CONTACT: McMullen & Company
Sarah McMullen
(310) 283-7907
smcmullen@earthlink.com
Perception Management
Rich Schineller
(941) 918-1913
rich@prmgt.com
Keywords: ADVERTISING, INTERNET