Friday, May 28, 2010

ubroadcast, Inc. (UBCI.OB) Announces Name Change to “Santeon Group, Inc.”

ubroadcast, Inc., a facilitator of high-quality live and on-demand television and radio broadcasts, recently announced that the company will change its name to “Santeon Group, Inc.” The company has also filed an application with FINRA for a new common stock trading symbol and anticipates that the effective date for the planned new trading symbol to be announced in the very near future.

This announcement is the result of the company’s recent merger with Santeon, Inc. The company is anticipating significant expansion opportunities with its software development, broadcasting activities and other technical services. This name change will reflect the new direction, scope and size of the company and “Santeon Group” will be utilized as the cornerstone of its worldwide branding initiative.

The company plans to continue to operate using its current structure, utilizing the ubroadcast.com website for all broadcast, entertainment and media operations of the Santeon Group, Inc. The ubroadcast.com website will remain unchanged and continue to be improved and marketed with the assistance and guidance of the Santeon Group, Inc.

Ash Rofail, chief executive officer of Santeon Group, Inc., stated, “The name change to Santeon Group from ubroadcast, Inc. builds on a strong market position, which we will extend as we consolidate operations.” Mr. Rofail continued, “For more than five years, the Santeon name has been synonymous with reliability, stability and cost efficiency. Now, the coexistence and collaboration of ubroadcast from a single source offers our customers and channel partners a powerful choice of solutions, backed by a name and company that produces world-class technology practices around the world.”

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