Nov 25 (Reuters) - Newzulu Ltd NWZ.AX :
* NWZ signs major US news producer to support UGC news channel NWZ.AX
* Deal for valued by Newzulu at US$3 million
* Non-binding letter of agreement signed with US news producer Regional News Network (RNN)
* Non-binding letter of agreement contemplates a 5-year global technology licensing agreement to be negotiated and agreed by Newzulu and RNN
* Deal grants RNN priority rights in relation to certain capital raisings completed by Newzulu
* Source text for Eikon ID:nASX5DLlKw