Xumanii™ Announces that the Company has Implemented a Production Schedule Towards the Creation of the Xumanii™ App for Several of the Major Smart TV Manufacturers Allowing the Company to Expand its Content Reach Over a M
Xumanii™ Announces that the Company has Implemented a Production Schedule Towards the Creation of the Xumanii™ App for Several of the Major Smart TV Manufacturers Allowing the Company to Expand its Content Reach Over a Multitude of Television Platforms.
CARSON CITY, Nev., June 7, 2013
CARSON CITY, Nev., June 7, 2013 /PRNewswire/ -- Xumanii™ (the "Company") (OTCQB: XUII) and (OTC PINK: XUII), a company that has developed proprietary technology capable of broadcasting live events in True HD™ wirelessly from multiple cameras at events creating high quality content for drastically lower production cost announces today that it has begun implementing a production schedule for the XumaniiTM Smart TV App for leading manufacturers such as Samsung, Sony, and LG. With the introduction of the "Smart TV" and "3-D" technology to High Definition Television in 2009 many online web based streaming content providers have seen exponential increases in revenue growth as the sale of Smart TV's have increased due to the ever increasing popularity of the technology built into such models. Smart TV sales have increased significantly worldwide each year since the technology became available. A recent article in Forbes Magazine dated February 25 2013 stated that "our latest research shows that 67 million were sold worldwide in 2012, and that number is expected to hit 87 million this year."*
The most popular feature of the Smart TV is that it makes it possible for users to watch content from Hulu, Netflix, YouTube, and other sources directly from the TV without the need for a set-top box or a computer connection.
In addition, the Company has completed the initial stages of development for the PlayStation, Wii and XBOX consoles so that users will be able to watch Live content broadcasted as desired. The Apps will allow consumers the ability to utilize the full capabilities of the Xumanii platform including the ability to watch events Broadcast Live in True HD™ in the comfort of the users living room. Company founder and CEO Alexandre Frigon stated "These Apps will help propel the Xumanii platform in terms of content distribution across the globe and across all platforms available currently on any device worldwide. In other words if it has a screen, we will be able to bring you the broadcast there."
The company anticipates the first Xumanii Smart TV App to be available to the public in the next 3 to 4 months after beta testing has been completed. Mr. Frigon continued to say "All of the research for the development of these applications has been completed and we are now moving towards developing these Apps. With over 100,000,000 Smart TV's expected to be in homes worldwide by the end of this year we are confident that providing consumers with a Live Broadcast platform such as Xumanii will be a very beneficial addition to the Company's content distribution and IP portfolio. We are confident that having this capability available to music and entertainment fans worldwide will also create an additional revenue stream that many other Company's that stream content online have shown to generate.
He concludes "Our Team is working very hard to build the most user friendly and accessible platform for everyone, everywhere."
*Forbes Magazine Article: http://www.forbes.com/sites/michaelwolf/2013/02/25/3-reasons-87-million-smart-tvs-will-be-sold-in-2013/
Xumanii™ ("XUII" or the "Company") is an all-inclusive online platform that provides users the opportunity to create a "Live Broadcast" in true High Definition. Xumanii'sTM new, patent pending technology integrates proprietary hardware and software wirelessly, streaming live feeds from multiple cameras in High Definition Audio/Visual with capabilities of up to 10 megabites per seconds. This technology integrated Hardware and Software allows for the highest quality "live broadcast" without the exorbitant expenditure of traditional methods currently used in the marketplace via the respective Artist's Channel on Xumanii.com. The Company's technology can also be provided to each Artist allowing them to broadcast any event in which they feel that they would like their fans to be a part of.
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
XUII Investor Relations
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