RTG Ventures Updates on CloudChannel After Board Meeting

NEW YORK, NY, Sep 27, 2011 — RTG Ventures, Inc. (otcqb:RTGV) has released updated information on the company’s disruptive media technology, CloudChannel, following a board meeting in London.

Reggie James, Digital Clarity MD and SVP of Marketing & Communications at RTG Ventures said, “The Board has noted with satisfaction on the progress made during the past six months with the CloudChannel platform. The main source of delay has been halted, and the second phase of development is well under way.”

He added, “In such a fast moving arena, CloudChannel has, in its young life, had some serious interests from major players in the market and discussions are on-going. We are aware of the need and interest from shareholders and where possible, we will release more detailed updates where there is no danger of commercial impediment.”

James added, “Following a thorough review of the platform, the Board unanimously agrees and has approved the decision to move the CloudChannel product development under the stewardship of the team at Digital Clarity. This move will allow for stronger and intelligent supervision alongside a tighter ‘fit’ with both brand enhancement and business development.”