Oxford Media Inc. is Riding an Accelerating Sales Growth Curve (OTCBB: OXMI)
Oxford Media, Inc. (OTCBB: OXMI)
OXMI is a leading developer of digital VOD and PPV entertainment systems that are scalable and turnkey offering hotel guests a variety of video content on-demand including the latest first-run Hollywood Movies, while giving a ROI to property owners.
The sales closings and sales pipeline for Oxford Media since mid-February 2006 has been Very Strong!
– Oxford has grown to 50 hotel properties representing approximately 5,500 hotel rooms for its Video On Demand (VOD) system under contract, just in the past 3 months – a very impressive record
– The owners of the 41 hotels currently under contract and awaiting installation own an additional 64 hotels on which OXMI has received commitments for follow-on deployments once installation and evaluation of the initial system has been completed
– Oxford currently has a sales pipeline of proposals for its VOD system out to approximately 340 hotels accounting for 34,000 hotel rooms
– OXMI in early 2006 made a strategic sales approach change. The Company shifted from a direct sales model to an indirect sales approach using a broad based dealer partnership model.
– Many of the OXMI local dealer/ partners already have a client base of hotels for related hotel automation and technology services and products.
– This new Sales approach is truly a Winning approach for OXMI. OXMI now operates with an effective third party sales force of 150 people.
– OXMI plans to continue to grow its dealer partnership network to 50 dealers by the end of August 2006
OXMI is definitely on the right track!
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