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Ludwig Enterprises, Inc. in Process of Filing Patent Applications for Revolutionary New Technology Platform
Monday, May 05, 2008
Miami, FL -- 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.
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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