Ludwig Announces Agreement with mMax for ODM of TheOne™
POMPANO BEACH, Fla.--(BUSINESS WIRE)-- Ludwig Enterprises, Inc. (Pink Sheets:LUDG) Board of Directors announces an agreement with mMax Communications (PTE. LTD.) for the preproduction, layout, and manufacturing of TheOne™ receiver. The radio device is comprised of an ARM processor running a Linux kernel, a high speed forward channel with a return channel carrying position with other statistical data. The units are capable of software updates, adding features in the field. TheOne™ is a core unit which will be open sourced, for use in other applications. The purchase of first generation TheOne™ devices will be used in the initial test market. Patrick Greenish, President of Ludwig Enterprises, says, "This is a huge step forward for the company."
About Ludwig Enterprises, Inc.
Ludwig Enterprises, Inc. is a revolutionary broadcasting company. Ludwig is offering programming to the Multi-Cultural Ethnic and Senior citizens markets that are currently underserved by commercial broadcasters. Ludwig is part of the digital conversion of radio from traditional (analogue). Ludwig will be all digital, all the time, in all locations, rivaling the quality existent on HD or satellite radio.
Ludwig has developed and patented a new radio that receives signals from new Digital Television Stations (ATSC also known as HD-TV). The radios receive 50 channels of audio. Ludwig's programming consists of 40 channels of ethnic talk radio (Filipino, Pakistani, Hebrew, Chinese, Greek, Russian and more). The remaining channels include, in English, old-time radio shows, 24-hour news without commentary, audio books, educational and religious programs plus classical music.
For financial highlights and information visit www.ludwigent.com or www.otcmakets.com.
About mMAX Communications (PTE. LTD)
mMax is an Original Design Manufacture (ODM) company that provides full turn key product development solution and manufacturing of mobile handsets and custom designed wireless devices. mMax Headquarters is based in Singapore and R&D office in Zhenjiang and Nanjing, Jiangsu. mMax. Contact information: Hong Peow ONG, Managing Director.
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.
CONTACT:
Ludwig Enterprises, Inc.
Patrick Greenish, President, 786-235-9026
president@ludwigent.com
KEYWORDS: United States North America Florida
INDUSTRY KEYWORDS: Entertainment Technology Audio/Video Telecommunications Other Technology General Entertainment Mobile/Wireless
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