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Written by Emerging Issuer   
Thursday | 07 December 2006
OJ.sys, Incorporated
SYMBOL: (OTC: OJSY.PK)
 
 
Interview with OJ.sys Director and CEO,
Mr. Henry Joubaud
 
OJ.sys, Incorporated
532 Mercury Drive
Sunnyvale, CA 90086
United States

Phone: 408-736-4000
Fax: 408-736-4400

http://www.ojsys.net
 
 
OJSY Completes Reverse Merger with NTN
 
NEW YORK, Nov 14, 2006 /PRNewswire-FirstCall via COMTEX/ -- OJsys, Inc. (Pink Sheets: OJSY) announces that, effective as of November 8, 2006, in a reverse merger, the Company: (a) acquired 100% of NTN, Inc., a South Korean- based corporation, in exchange for the issuance of 30,000,000 post-1-for-20 reverse split restricted common shares; (b) changed its corporate name to OJsys, Inc., by consent of shareholders owning a majority of the Company's shares; (c) completed a 1-for-20 reverse split of its previously issued and outstanding shares; (d) retired 9,100,000 pre-reverse split shares owned by its previous principal; (e) elected new directors and officers, who are also NTN's officers and directors; and (f) changed its trading symbol to PINK SHEETS: OJSY.

OJSY now has issued and outstanding 33,250,000 shares, including the 30,000,000 shares issued to acquire NTN. OJSY's new management team is Mr. Henri Joubaud, Director and CEO (Former Senior-VP of Canal+, France), Mr. Luisito L. Canteras, Director and Chief Management Officer. Mr. Joubaud, the CEO of OJsys, is focusing on developing the Company's broadcasting operating businesses, such as digital satellite, cable TV and IPTV, which is based on his experience with Canal+, one of the largest satellite broadcasting
companies in France.

NTN, Inc., which is now OJSY's wholly-owned subsidiary, was formed in 2000 and specializes in Home Media Center technology. Based on the Ubiquitous Value Network, it provides Home Media Center technologies, (PC and non-PC), and consumer electronics devices (such as DVD, VTR and TV), which are seamlessly connected to each other and to the network, giving users access to any type of content or service, globally. To date, the Company's major clients have been European companies such as Canal+, Kathrein, Schwaiger, Amstrad and Dixon, and Middle East companies, including EuroSat, Technosat, Echostar and Mediacom. The Company now plans to broaden its market, especially to the US. For this, NTN held an exhibition at the "Las Vegas CES show" and the "International Broadcasting Convention" in the Netherlands in September 2006. NTN's 2005 revenues and net earnings 2005 were $5M and $0.15M, respectively (audited in accordance with South Korean GAAP). For the fiscal year ending December 31, 2006, NTN projects revenues of $5.7M and net earnings of $0.95M. As of September 30, 2006, NTN's total assets were $6.3M and its net worth was $2.2M.
COMPANY PROFILE
 
Since 1997, the time digital broadcasting service came out, we have witnessed new market based on synergy among the new technologies in the field of telecommunication, Media/ Broadcasting and Internet.

Trying to be top-notch company in the world, OJ.sys Inc. focuses on the three mainstream business as follows.

1. OJ.sys has its subsidiary companies such as DTH Operator, IP-TV (VOD) service Operator, HD broadcasting Service.

Based on these companies and further merger with a reliable broadcasting service provider, OJ.sys develops its competitiveness based on the market synergy.

DTH Broadcaster in Asia
HD-Broadcaster in U.S.A.
IP-VOD Service & License in Australia

2. OJ.sys is also one of most competitive mobile/portable application technology providers. Its state-of-art technology in the field of mobile/portable TV makes OJ.sys armed with rigid competitiveness to increase its global technology market.

DMB (Digital Multimedia Broadcasting)
DVB-H (Digital Video Broadcasting-Handheld)
UMPC (Ultra Mobile PC)

3. OJ.sys develops global network for High-end STB markets. Though OJ.sys’ worldwide companies, its subsidiary companies or strategic partners, OJ.sys prepares for future High-end STB market.

Home Media Center
MPEG4 H.264 STB
Blu-ray DVD with HD PVR
 
BUSINESS DESCRIPTION
 
Digital satellite broadcasting operation, cable TV and IPTV device, Home Media Center.
 
MANAGEMENT TEAM
 
Henry Joubaud
Director and CEO
Ex-Group Senior Vice President
Technology of CANAL+ FRANCE

Luisito L. Canteras
Director and CMO
Ex- Vice President of the UFC Group of Companies
Last Updated ( Tuesday | 13 May 2008 )
 
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