Dubai, UAE, 5 November 2007: KTV Middle East a global technology leader, signed a contract to supply 1400 LCD TV screens to Ramada Al Hamra and Ramada Al Qibla in Medina, Kingdom of Saudi Arabia. Both hotels are scheduled to be opened soon as part of Ramada Hotels global chain, and the company's expansion plan in the Saudi market coinciding with the high demand for Liquid Crystal Display television/monitors (LCD TV/Monitor) all over the world.

The signing ceremony was attended on behalf of the Korean company by Mr. Abdullah Abubakr Baeshin, Assistant GM and  Operations Manager in the Kingdom, and for the two hotels by Mr. Hani Abusabah, General Manager of Operations and board member of Al Masa Hotels Group the owner of the hotels in Medina and engineer Mohamed Al Ameer Executive Director of Ramada Group, Saudi Arabia.

In order to continue the cooperation and relationship between KTV and Ramada Group in Saudi Arabia, KTV agreed to update the screen every three years with modern ones, so the hotel guests can always enjoy the latest technology in the world.

Mr. Baeshin explained that the policy of KTV in the region aimed at manufacturing LCD television screens with a variety of sizes starting from 20 inches up to 82 inches using first class category "A" Korean-made LCD panels of high-quality and reasonable prices and guaranteed for a period of five years for the use of all costumers.

-Ends-

About KTV
KTV was established in 1969 under the business name "Toshiba Korea Co. Ltd.". In 1974 the name was changed to "Korea Electronics Co. Ltd.". In 1987 the company began the LCD TV line production and in 2003 it started KTV Global Corporation opening its headquarters in the Middle East, which entered joint ventures with a number of companies: KTV International; Saudi Bin Laden Group; and Abdalla Baroom and Sons Group.

KTV targets the Middle Eastern, North African and European markets and has offices spread out around the world. KTV possesses factories and sale centers in the United Arab Emirates, Korea and the Philippines and sale centers in the Kingdom of Saudi Arabia, United States, Britain, Germany and Japan.

KTV's strategic partners include: Financial Group "SAMBA"; American Express "AMEX"; National Commercial Bank "NCB"; Saudi Digital Distribution Co. "ART"; TLC; Saudi Bin Laden Group; Kingdom Center; Osool Space Channel; Showtime; Patchi; Al Ghazali; DMS; and PTC.

For further information please contact:
Lina Husri
Media & PR Executive
Mobile. +97150 280 35 80
Email: Lina.h@o2mc.net

© Press Release 2007