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R.J. Halden Holdings, Inc. Completes Down Payment Phase of Stock Subscription Agreement With Urban Television Network Corporation

Posted on: Wednesday, 13 December 2006, 18:00 CST

Urban Television Network Corporation (OTCBB: URBT) announced that R.J. Halden Holdings, Inc. has completed the payment of $286,585 towards its stock subscription agreement with Urban Television Network Corporation entered into on August 23, 2006 through a combination of cash and cash equivalents.

About Urban Television Network Corporation:

Fort Worth, Texas-based Urban Television Network Corporation is the nation's first and only minority certified television network composed of broadcast television station affiliates across the country. Programming provided by the network via satellite transmission is specifically targeted to America's urban market comprised of African Americans, English-speaking Hispanics and other Urban American consumers. For additional information about Urban Television Network Corporation visit us on the Internet at http://www.uatvn.com.

Urban Television Network Corporation shares are traded on the over the counter bulletin board exchange under the symbol URBT.

 Contact: Shareholder Relations 817-303-7449 Contact via http://www.marketwire.com/mw/emailprcntct?id=B1DE56C71CEE643C  

SOURCE: Urban Television Network Corporation


Source: MARKET WIRE

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