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Amore TV Secures $1 Million in Funding

FORT LAUDERDALE, Fla. — Amore TV has secured $1 million in funding from private entities to ramp up marketing and development of its AdultSexTV.tv site as well as its new softcore video-on-demand line, “Intimate Encounters.”

CEO Beth Dean told XBIZ that, while she wouldn’t name investors, the cash infusion is a “great milestone” for the company that has an all-female board of directors.

“We feel this substantial investment will fuel the company's growth and development tremendously,” Dean said. “The company is now well-positioned to achieve its strategic objectives in both the sort and long term."

The company, which utilizes its adult ISP portal, provides nearly every adult genre in more than 75 languages. It also offers hosting, post production and video production and is planning an Interactive protocol (IPTV) service.

Its cornerstone site, AdultSexTV, offers adult videos, dating and escort services and operates a sex toy store.

Dean, who is an adult business newcomer, said she got interested in the industry after attending an Internext convention several years ago. Since then, she has grown the company to the point where it now has become public. Its stock trades on the Pink Sheets.

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