Ludwig Enterprises, Inc. - "The One"™ Radio Network
POMPANO BEACH, Fla., Sept. 27, 2011 /PRNewswire/ -- Ludwig Enterprises, Inc. (LUDG.OTC) is a revolutionary broadcasting company. Ludwig's goal is to offer to Ethnic specific groups and Senior citizens content which have been excluded from today's commercial broadcasters. The company is part of the digital conversion of radio from traditional (analogue). Ludwig' technology is designed to be all digital, all the time, in all locations; rivaling the quality existent on HD or satellite radio.
Ludwig Enterprises, Inc. will deploy the first U.S. national multi-cultural radio network. Taking advantage of an underserved market, Ludwig can capture the 30 million foreign born listeners that together wield formidable economic clout. In the past decade, the combined buying power of this group has more than tripled its 1990 level of $456 billion and exceeds $1.5 trillion.
As the population matures in America, it is expected that 1 in 5, (over 70 million) potential listeners will be senior citizens. Many seniors desire audio books, audio newspapers and other current information as well as programs heard in their youth. Ludwig's programming is focused on catering to this ever growing and financially strong market.
The company has developed and patented a new radio transmission method. Ludwig's "The One" radio receives its signals from the 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 many more). The remaining channels include, in English, old time radio shows, 24-hour news without commentary, audio books, educational and religious program as well as a classical music.
Ludwig Enterprises, Inc., (LUDG), is a Nevada based technology company with regional offices in Pompano Beach, Florida.
Current Management / Directors include Mr. Patrick Greenish, Mr. Jean Cherubin and Mr. Frank Merklein.
Mr. Greenish is an attorney, former VP International affairs Federal Express, former director of International business development MCI. He has extensive business experience in International Business Development.
Mr. Jean Cherubin owns and operates Haitian and Jamaican radio stations and has recently purchased a Spanish content TV station. He is president of Alliance Broadcasting Network.
Mr. Merklein is a former VP of the Television Bureau Advertising, former director International TV Projects for Time Life Broadcasting (Now Time Warner), former director United Artist Theaters (now Regal Entertainment Group), former VP 20th Century Fox for cable and satellite operations and has stated and operated numerous cable television facilities.
ADDITIONAL INFORMATION about Ludwig Enterprises, Inc. as well as corporate structure and stock capitalization can be viewed on www.ludwigent.com. or at http://www.otcmarkets.com.
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.
For Investor Relations information,
Contact:
OR
Patrick Greenish
President Ludwig Enterprises, Inc.
786-235-9026
[email protected]
SOURCE Ludwig Enterprises, Inc.
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