Orbit E-Commerce Inc., an IPTV (Internet Protocol Television) Development Company, announced that it has signed an agreement with Colebrooke Capital to assist in the strategic repositioning of the Company to include an evaluation of potential partnerships and or joint ventures that may be available to Orbit E-Commerce Inc.
In commenting on these new developments Orbit's Chairman and CEO, Mr. Douglas Lloyd said: "We are moving ahead in a strategic direction which we expect will benefit the shareholders of OECI. Our focus is on securing relationships which can leverage IPTV technologies in an effort to bring PureNet.TV to a broad market."
Colebrooke will concentrate on evaluating Internet Service Providers (ISP) that offer high speed Digital Subscriber Line (DSL) services that can accommodate the Company's IPTV technology. Orbit's management believes that a well organized launch of PureNet TV in association with a strategic partner will allow the Company to access greater capital resources.