Randy Moseley Resigns as Chief Executive Officer and Director of Urban Television Network Corporation Board (OTC: URBT)

Compton, CA.  October 29, 2014:  Urban Television Network Corporation announced that on October 5, 2014 Randy Moseley resigned as Chief Executive Officer and as a director of Urban Television Network Corporation.

In submitting his resignation, Mr. Moseley said “It has been an honor and a privilege to work with each and every one of you and I wish all the best in the future.

Commenting on Mr. Moseley’s resignation, Joseph Collins the companies new CEO and Chairman of Urban Television Network and CEO of Punch TV, Inc. said, “Mr. Moseley has been a valued and highly effective officer and director, providing strong counsel and leadership. We regret his decision to resign as an officer and director, but we thank him for his outstanding service to our company and wish him well in his future endeavors.” Mr. Moseley will continue to work with the company in the capacity as a consultant and has agreed to help the company through its restoration and transition.

“We have rolled up our selves and are already hard at work on the development of the company’s next strategic move.  Follow us on Twitter to get the latest company updates”, said Joseph Collins.

About Urban Television Network Corporation:

Compton, Ca. 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 visits us on the Internet at Punch TV Studios, Inc. http://www.punchtvstudios.com

Urban Television Network Corporation shares are traded on the over the counter bulletin board exchange under the ticker symbol URBT (OTC: URBT).

Urban Television Network Corp / Punch TV Studios (OTC Pink: URBT) Safe Harbor Statement This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company’s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company’s business prospects, and cause actual results to differ materially from those described in the forward-looking statements, can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
 

Corporate Address:
Punch TV Studios, Inc / Urban Television Network Corp. (OTC: URBT)
1315 North Bullis Road Suite #6
Compton, CA 90221
424-338-6260

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