Investor Ideas Potcast, Cannabis News and Stocks on the Move: Canopy Growth Corporation, Canopy Rivers Inc. (TSXV: RIV), Organigram Holdings, CannaRoyalty and Beleave Inc.

Nasdaq Globewire - Thu, 20/09/2018 - 23:05

POINT ROBERTS, Wash., KELOWNA, British Columbia, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Investor Ideas (https://www.investorideas.com), a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca releases today’s edition of its series, Investorideas.com potcastsCM; cannabis news and stocks to watch plus insight from thought leaders and experts.

Listen to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2018/092018-StocksToWatch.mp3

Today’s podcast overview/transcript:

Good morning and welcome to another Investorideas.com potcast; looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.

Today’s podcast features announcements from Canopy Growth Corporation (TSX: WEED, NYSE:  CGC), Canopy Rivers Inc. (TSXV: RIV), Organigram Holdings Inc. (TSX-V: OGI), CannaRoyalty Corp. (CSE:CRZ) and Beleave Inc. (CSE:  BE).

Canopy Growth Corporation congratulated the entire team at Canopy Rivers Inc. as they take a leap forward and commence trading today on the TSX Venture Exchange as under the ticker symbol, "RIV" (TSXV: RIV).

Canopy Rivers was founded to diversify Canopy Growth's cannabis supply streams and quickly evolved into a global strategic growth platform that builds value in its partners by supporting every aspect of a cannabis venture, from licensing and genetics to financial and strategic support leveraging its close relationship with Canopy Growth.

To date, Canopy Rivers has a diverse portfolio of strategic investments including licensed cannabis producers, applicants, an innovative media platform, and a leading European hemp cultivator. This diverse portfolio will expand as new opportunities emerge in the global cannabis industry.

Organigram Holdings Inc., the parent company of Organigram Inc. and Canopy Growth Corporation also announced that following Organigram's approval as a cannabis supplier in the Province of Newfoundland and Labrador, the Companies have signed a two-year supply and distribution agreement.

Organigram will become a key supplier of branded, finished cannabis products to Canopy Growth's Tweed-branded retail operations in Newfoundland and Labrador once adult recreational cannabis is legalized in Canada on October 17th, 2018. Canopy Growth will also perform a B2B sales function for Organigram by marketing its portfolio to other licensed retail outlets in Newfoundland and Labrador.

"We are very excited to partner with Canopy Growth in Newfoundland and Labrador," says Tim Emberg, Vice President of Sales and Commercial Operations, Organigram. "Canopy is a tremendous industry partner and we are looking forward to working with them to provide Newfoundlanders with an exceptional selection of quality cannabis products."

CannaRoyalty Corp., a North American cannabis products and brands company, announced today that it has merged the operations of its subsidiary Alta Supply with RVR Distribution. Effective August 31, 2018, Sadie Reyes, President of Alta Supply, was appointed to the position of President of RVR to lead the Company's state-wide distribution efforts. Alta Supply has begun to leverage RVR's distribution infrastructure, through transfer of inventory and accounts.

Today, CannaRoyalty has signed a definitive agreement to close the previously announced merger of RVR with Alta Supply (the "Merger"), subject to customary closing conditions. Pursuant to the close, RVR will receive exchangeable shares as consideration, which will allow RVR shareholders to acquire 70,000 CannaRoyalty Class A shares, over the next 24 months.

Beleave Inc. announced that it has entered into a partnership with Kannavis Biotech Corp. to invest, build and operate 867,000 square feet of indoor growing space in British Columbia in preparation for the anticipated demand for cannabis in the Canadian and International marketplace.

The ambitious new project, jointly-designed by Beleave and Kannavis, will encompass a total of ten indoor growing facilities, approximately 87,000 square feet each, divided between two regions; one in Chilliwack, and nine in Abbotsford. Once construction is complete, both companies will share the operational and day-to-day expenses, with Kannavis assuming sole responsibility for the initial capital expenditures required to build the facilities.

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Reis & Irvy's, Robot-Staffed Frozen Yogurt Chain, Inks $3.2 Million Master Franchise Agreement in Knoxville, TN

Nasdaq Globewire - Thu, 20/09/2018 - 18:14

The Agreement Includes the Purchase of 16 Robotic Vending Kiosks Upfront with Commitments to Buy an Additional 59 Units


SAN DIEGO, CA, Sept. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) announced today that its flagship subsidiary, Reis & Irvy’s, has signed an exclusive agreement with master franchise rights for the robot-staffed frozen yogurt and ice cream chain in Knoxville, TN, the state’s third largest city after Nashville and Memphis.

Knoxville

The $3.2 million exclusive territory deal includes contracts for 16 initial Reis & Irvy’s locations along with an agreement for an additional 59 locations (75 total) throughout the area as part of an agreement that secures the group’s exclusive rights to Knoxville.

Knoxville is the home of the flagship campus of the University of Tennessee, whose sports teams are extremely popular in the surrounding area. Knoxville is also home to the headquarters of the Tennessee Valley Authority, the Tennessee Supreme Court's courthouse for East Tennessee and the corporate headquarters of several national and regional companies. As one of the largest cities in the Appalachian region, Knoxville has positioned itself in recent years as a repository of Appalachian culture and is one of the gateways to the Great Smoky Mountains National Park.

Nima Kioumarsi, the Knoxville exclusive franchisee, was originally attracted to the simplicity of the Reis & Irvy’s business model: “I was sold on the idea of unattended retail and semi-passive income. Reis & Irvy’s innovative franchise concept provides this kind of flexibility, and I am looking forward to a long and prosperous relationship.  I’m very proud to bring this to the friendly people of East Tennessee!”

“We couldn’t be more honored to work with the ever-growing number of both multi-unit and exclusive territory Reis & Irvy’s franchisees across the United States that are helping to grow the Reis & Irvy’s brand while launching their own hometown businesses.  Their vision and enthusiasm to bring this unique experience to their markets –each in their own way– along with their dedication to their communities and future customers, is an inspiration for everyone at Generation Next and Reis & Irvy’s,” said Nick Yates, Chairman of Generation Next Franchise Brands. “Nima, in particular, exemplifies these characteristics.

“More units are being delivered each day to eager franchisees and locations across the U.S. – and after a long period of development, beta testing and subsequent improvement, we’re pleased to say that the reviews are finally coming in from franchisees and customers alike – and they’re telling us we got it right.  Combined with our ever-expanding access to the choicest locations, refined technology, and premium products, suffice it to say we’re excited about the potential that each of the units we’re installing every day represents for our franchisees and our company,” Yates added.

Reis & Irvy’s: Franchise Expansion Highlights:

Since its debut, Reis & Irvy’s has grown to over 280 franchisees across the U.S. and represents over 1,400 pending robot installations aggregating approximately $60 million, with additional contract commitments for over 3,200 robots worth an estimated $129 million ($189 million in total) in potential future revenues for Generation NEXT Franchise Brands, Inc. One of the company’s more high-profile franchisees, PGA Championship golfer Phil Mickelson, announced an interest in the company, signing a contract in June to deploy 30 Reis & Irvy’s locations in Southern California.

With $189 million in franchise and licensing contracts, Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) is leading the way with frozen desserts, fully autonomous robotic delivery, visual and audio entertainment, and a unique retail experience. The robots also accept cash, credit cards, Apple Pay and Google Wallet, and the company is working on accepting cryptocurrencies such as Bitcoin for payment in the near future.

An Industry Disruptor

Generation Next Franchise Brands, Inc. (OTCQB: VEND) is the developer of the world's first fully-automated robotic frozen dessert vending kiosk designed to disrupt brick-and-mortar competitors. Reis & Irvy’s unattended robots eliminate the need for costly rents and employees; significantly reduce food safety concerns; and are capable of operating 24-hours a day.

Reis & Irvy’s-branded signature robot characters of the same name can dispense servings of frozen yogurt, ice cream, gelato and sorbet topped with a selection of six delicious toppings in under 60 seconds. With self-checkout touch screen ordering and payment options, video animation, music and delicious frozen dessert provided exclusively by Dannon, robot vendors meet consumers’ demand for immediate convenience, entertainment and a superior quality product - be it in shopping malls, medical centers and any other high-traffic area.

For more information, visit the Reis & Irvy’s website at www.reisandirvys.com or call Toll-Free (888) 902-7558.

Generation NEXT Website: www.gennextbrands.com

About Generation NEXT Franchise Brands, Inc.

Generation NEXT Franchise Brands, Inc., based in San Diego, California, is a publicly traded company on the OTC Markets trading under the symbol OTCBB:VEND. Generation NEXT Franchise Brands, Inc. is parent company to Reis and Irvy's Inc and Generation NEXT Vending Robots.

About Reis & Irvy’s, Inc.

Reis & Irvy’s, Inc. is a subsidiary franchise concept of Generation NEXT Franchise Brands, Inc. (VEND). Launched in early 2016, the revolutionary Reis & Irvy’s Vending Robot serves seven different flavors of frozen yogurt, ice cream, sorbets and gelatos, a choice of up to six custom toppings and to customers within 60 seconds or less at the point of sale. The unique franchise opportunity has since established itself as a high-demand product and currently showcases a franchise network both domestically as well as internationally.

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. No Reis & Irvy's franchises will be sold to any resident of any state until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such state and the required FDD (if any) has been delivered to the prospective franchisee before the sale in compliance with applicable law. Currently, the following states in the United States regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you reside in one of these states, or even if you reside elsewhere, you may have certain rights under applicable franchise laws or regulations.

Cautionary note on forward-looking statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among others, statements concerning our future financial performance, including statements regarding: our ability to generate revenue and recognize deferred revenue; our ability to timely launch delivery and installation of our frozen yogurt robots; and our ability to grow our franchising and licensing divisions and launch our corporate-owned and direct sales platforms. The Company bases these forward-looking statements on its current expectations, estimates and projections about future events and the industry in which it operates using information currently available to it. Actual results could differ materially from those discussed in, or implied by, these forward-looking statements. Forward-looking statements are identified by words such as "believe," "anticipate," "propose," "expect," "intend," "plan," "will," "may," "estimates," variations of such words and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Factors that could cause actual results to differ from those implied by the forward-looking statements contained in this press release are set forth in our filings with the Securities and Exchange Commission (SEC), including our most recent Annual Report on Form 10-K for the year ended June 30, 2017, our Quarterly Reports, and our Current Reports on Form 8-K. Be advised that developments subsequent to this press release are likely to cause these statements to become outdated and the Company is under no obligation (and expressly disclaims any such obligation) to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.


CONTACT: Media Contact: Darren Shuster Generation NEXT Franchise Brands, Inc. Phone: (818) 744-1851 Email: darren@popculturepr.com

Large Video Distribution Upgrade a Success at Dakota Magic Casino Thanks to Key Digital’s Enterprise AV Over IP System

Nasdaq Globewire - Thu, 20/09/2018 - 17:30

Site On Sound utilizes Key Digital’s Enterprise AV™ over IP Solutions to complete a large video distribution upgrade at at Dakota Magic Casino in Harkinson, ND

Mount Vernon, NY, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Set on the Fort Traverse Indian Reservation, Dakota Magic Casino has been a staple in the Harkinson, North Dakota area for twenty years. A destination like no other, Dakota Magic Casino offers guests an expansive golf course, a luxurious hotelthree delicious restaurants, and an entertainment lounge where visitors can grab a drink while dancing the night away to fabulous music.

With plans to add 30,000 square feet and renovate the existing infrastructure, the Dakota Magic Casino upgrades would include an ambitious and impressive all new and renovated casino floor, Twin Buffalo Grill, and Exit 1 Lounge for guests to enjoy. Turning to Key Digital’s trusted ecosystem of Enterprise AV over IP hardware and industry-leading control system, the integrators at Site On Sound were able to deliver the flawless installation that Dakota Magic Casino needed for their customers.

Working around the challenges of long cable distances, wiring restrictions in the existing infrastructure, time constraints, and performing the installation while still keeping the casino open and occupied 24 hours a day 7 days a week, the hardware and control solutions would have to work right the first time every time.

The extensive project was planned to take place in a span of multiple phases over multiple years, which made Key Digital’s easily expandable Enterprise AV over IP solution the perfect choice. Key Digital’s KD-IP1080TX and KD-IP1080RX HDMI over IP transmitter and receiver units with support for PoE (Power over Ethernet) were chosen to handle over 100 televisions throughout the entire building. The IP transmitters and receivers were designed to be utilized as a way to build an entire video infrastructure using IP video components. With PoE, power can be carried to Tx and Rx units with a Power Over Ethernet enabled Managed Network Switch. The KD-IP1080 are extremely low bandwidth, so they can easily connect to the building’s Cisco network switches via a fiber link port to add up to 1024 inputs and an infinite amount of outputs. These signals can be reliably sent up to 400' using CAT5e/6 UTP/STP cable, which was more than necessary with the long cable runs needed at Dakota Mafic Casino. Taking the job even further, additional screens have been added to the system since the initial installation. By simply adding the KD-IP1080RX with each screen no additional set-up or alterations of the Cisco or control system was required. 

To easily maintain the audio and video in the massive building Key Digital’s Compass Control Pro provides seamless and customized control. Compass Control Pro is the most modern fully integrated control system in the AV industry built from the ground up using iOS devices to replace traditional control interfaces. The cost-effective software suite excels in video control functionality, a key element in the proliferation of digital signage and video collaboration. The design and layout of a Compass Control Pro interface has no limitations whether programmers use the sleek form of the pre-built modular scenes or fully customize a system starting with a blank slate. Compass Control Pro instantly integrates components from Compass Alliance Partners to create a simple plug-n-play system. Key Digital has partnered with industry leaders to enable Compass Control Pro’s control drivers and pre-configured GUI templates to streamline system development. The bi-directional drivers are crucial when providing real time metadata, and at the casino they can accurately understand what is happening with each television, DIRECTV receiver, the Rane Halogen audio DSP, and the digital signage players in the building. The network based bi-directional feedback provides ‘now playing’, ‘current channel’, audio routing, and other essential information so the staff can confidently route desired video and audio content to the screens. With 3 iPads mounted in the facility the Compass Control Pro program and its Compass Alliance Partners make control of the video and audio more portable than wall based control knobs so that any staff member at Dakota Magic Casino can easily navigate and manage the intuitive control system.

“We are delighted with how one little iPad can do so much to control our building. It was hard to imagine that such a universal device would be able to perform such customized control, but the Compass Control Pro software is so easy that every employee understands how to use it,” said the General Manager of Dakota Magic Casino and Hotel.

“Key  Digital’s great technical support team bent  over  backwards  to  assist  in  this  project,  and  I  would  not  have  been  able  to  do  it  without them. Both the Key Digital hardware and software have been flawless and easy to install, and the customer has had nothing but great reviews,” said Paul Hagen, Technology Integration Specialist for Site On Sound.

For 38 years Site On Sound has been one of the largest custom install specialty retailers in North Dakota.  They have the product knowledge and experience to handle the toughest design obstacles, and knew that with Key Digital they could handle the challenges thrown at them during the Dakota Magic Casino installation. Key Digital is an award winning developer and manufacturer of leading-edge technology, consistently delivering total video systems solutions. The company manufactures a wide range of digital video processing and video signal distribution solutions as well as control systems marketed broadly to the HDTV community, such as digital video and audio processors, switchers, distribution amplifiers, cables, adapters, and more.

About Key Digital®

Led by the “Father of DVD”, Mike Tsinberg, Key Digital® is an InfoComm, CEDIA, CES, and NAHB award winning manufacturer of professional distributed video and control system equipment.   

Since 1999, Key Digital has lead the constantly evolving  A/V industry by designing products that deliver industry leading quality, performance, and reliability to corporate, bar & restaurant, digital signage, education, government, and house of worship applications.  

Key Digital products are designed and engineered in-house in Mount Vernon, NY.  Superior quality, ease-of-installation, and versatility are the result of strenuous research, development, and testing.  Expertise and unparalleled knowledge have created a unique hardware-software suite solution ideal for the consultants, designers, and installation firms of the A/V industry. Key Digital® is known to deliver best-in-class products based on quality, performance, and reliability. 

For more information, visit our webpage at http://www.keydigital.com.

About Site On Sound

Site On Sound has been in business serving the Fargo Moorhead and Lakes communities since 1980. They offer custom installation and sales of consumer audio, video, mobile video, marine audio, and custom home theater as well as commercial audio & video.

For more information, visit their webpage at http://www.siteonsoundfargo.com/

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CONTACT: Masha Lakhter Key Digital Systems 914.667.9700 x 216 marketing@keydigital.com

NEP GROUP RECOGNIZED AT THREE AWARDS SHOWS DURING IBC 2018

Nasdaq Globewire - Wed, 19/09/2018 - 19:47

Leading Outsourced Technical Production Partner Takes Home Top Honors at the SVG Europe Sport Production Awards, and was a Finalist for an IABM BaM™ Award 2018 and Two IBC2018 Innovation Awards

PITTSBURGH and AMSTERDAM, Sept. 19, 2018 (GLOBE NEWSWIRE) -- NEP Group is thrilled to announce today that the company received recognition for their leading innovations, along with their client partners, at this year’s IBC Show. NEP The Netherlands’ Remote Commentary solution won the SVG Europe Sport Production Award for Outstanding Technical Achievement, Audio and was a finalist for an IABM BaM™ Award award for Project, Collaboration or Event. NEP’s Mediabank product was a finalist for an IBC2018 Innovation award for Content Distribution and NEP Finland was a finalist in the Content Everywhere category.

“At NEP, one of our core values is client-driven innovation, and we are entirely committed to developing new technology that solves real-world challenges and delivers exceptional results. It’s wonderful to have our work recognized by the industry at such an important show,” says NEP’s CEO Kevin Rabbitt. “It is a privilege for us to collaborate with our clients, and to work together to push the industry forward. The true honor for us, though, will always be in delivering for our clients every day on projects around the globe.”

NEP The Netherlands, along with their partners at Discovery, have been recognized for their work on the Olympic Winter Games PyeongChang 2018 using the NEP Remote Commentary solution. This solution was used to handle the content localization by automatically detecting and fixing lip sync offsets between the video and audio feeds of sports commentators sharing live-action highlights from multiple venues, and to fix incorrect formats and wrong audio channel mapping. Once the audio was automatically mixed and synchronized, NEP encoded the video and audio feeds to distribute the content onto the Eurosport Player platform, the direct-to-consumer streaming service from Eurosport, Discovery’s leading sports brand. As a result, sports fans could watch their favorite sport with localized commentary for 13 concurrent event feeds with up to 9 local languages per event feed. For more information about this solution, visit: https://www.nepgroup.com/project/nep-remote-commentary

NEP Mediabank, along with their partners at Discovery, were recognized for their work to create the first ever cloud-based media asset management system for the Olympic Winter Games PyeongChang 2018. Mediabank’s media asset management solution facilitated live MCR, ingest, craft editing of highlights, automated clip generation, storage of content, distribution of live content and clips, a signal hub, an audio matrix and 24/7 monitoring and support for over 12,000 hours of Olympic content. Out of 45 submissions in the Content Distribution category of the IBC Innovation Awards, Mediabank/Discovery was one of three solutions shortlisted. Previously, Medibank took home an IABM BaM™ Award at the 2018 NAB Show. For more information on this solution, visit: https://www.nepgroup.com/project/award-winning-media-asset-management-solution-for-discovery

NEP Finland was recognized alongside their client, WRC Promoter GmbH, for their work on the ALL Live solution for the FIA World Rally Championship. This solution enabled them to show every special stage from each round as it happened – more than 25 hours of coverage in total – at each rally as a continuous live stream. Out of 23 submissions in the Content Everywhere category of the IBC Innovation Awards, ALL Live was one of only three solutions shortlisted.  For more information on this solution, visit: https://www.nepgroup.com/project/wrc-all-live

To learn more about these projects and all of NEP’s innovative technical solutions, visit www.nepgroup.com.

#  #  #

About NEP
For over 30 years, NEP has been a worldwide outsourced technical production partner supporting premier content producers of live sports, entertainment, music and corporate events. Our services include remote production, studio production, audio visual solutions, host broadcast support, premium playout, post production and innovative software-based media management solutions. NEP’s 3,500+ employees are driven by a passion for superior service and a focus on technical innovation. Together, we have supported productions in 87 countries on all seven continents.

NEP is headquartered in the United States and has offices in 24 countries. Learn more at nepgroup.com.

Attachment

CONTACT: Susan Matis NEP Group, Inc. +1 412-423-1339 press@nepgroup.com

Klipsch Kicks Off ‘Keepers of the Sound’ Video Series with Butch Walker

Nasdaq Globewire - Wed, 19/09/2018 - 16:30

Indianapolis, IN, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Klipsch®a tech-driven audio company, is pleased to introduce its new ‘Keepers of the Sound®’ video series, which was inspired by audio pioneer and company founder Paul W. Klipsch, who created speakers to reproduce the power, detail and emotion of the live music experience in the home. The video series celebrates pioneers of all crafts — spotlighting those who’ve stayed true to a vision of preserving their rich heritage, while adapting to today’s tech-driven world. These pioneers give insights into how listening to music through Klipsch speakers drives their spirit and their endeavors.

“This video series showcases pioneering artists with values and principles near and dear to the heart of the Klipsch brand,” said Paul Jacobs, president and CEO of Klipsch. “Like Klipsch, they are authentic, uncompromising on quality, and always remain true to their core values. They work to create powerful, emotional experiences for their fans, and Klipsch strives to recreate the same emotional experiences through our speakers and headphones.”

The first installment in the video series features legendary American singer-songwriter and producer Butch Walker. Walker played in various metal/alternative bands from 1980- 2001 and began his solo career in 2002. He was named Rolling Stone’s “Producer of the Year” in 2005. Walker performed on, wrote and produced albums for artists including Taylor Swift, Train, Pink, Avril Lavigne, Keith Urban, Katy Perry, The Struts, Panic! At the Disco, Pete Yorn, Harry Connick Jr., Weezer, Fall Out Boy, and many more. 

 Butch Walker grew up when audio was primarily analog-driven and he prefers to make music and create his sound by hand. His relentless attention to detail in his recording process captures a rich, full spectrum of audio, which in turn, offers a better listening experience. This spirit embodies the principles that Klipsch stands for.

 Watch the ‘Keepers of the Sound” video featuring Butch Walker at www.klipsch.com/keepersofthesound. For more information on the Klipsch brand and its legendary speakers, visit Klipsch.com.

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About Klipsch Audio

In 1946 Paul W. Klipsch, inventor, acoustics pioneer and maverick, founded Klipsch Audio with the sole purpose of bringing the power, detail and emotion of the live music experience into his living room. Through the use of highly efficient speaker designs, handcrafted cabinetry and a thirst for real engineering breakthroughs – Klipsch, the great American loudspeaker company, was born in Hope, AR. Today, our diverse range of quality audio products includes speakers and headphones for almost any consumer and professional application – including cinema, whole-house, wireless, home theater and portable offerings. Honoring our founder’s legacy, Klipsch continues to be the legendary high-performance brand of choice for audiophiles and aficionados around the world. We are the Keepers of the Sound®. Klipsch and Keepers of the Sound are trademarks of Klipsch Group, Inc., registered in the U.S. and other countries. 

Klipsch Group, Inc. is a VOXX International Company (NASDAQ: VOXX).

 

 

 

Attachments

CONTACT: Jill Escol Klipsch 317-860-8721 jill.escol@klipsch.com

Stingray Names Ryan Fuss as Senior Vice-President, Advertising Sales

Nasdaq Globewire - Wed, 19/09/2018 - 16:30

MONTREAL, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Stingray Digital Group Inc. (TSX: RAY.A; RAY.B), a leading multiplatform music and video services provider, today announced that Ryan Fuss will join its management team as Senior Vice-President, Advertising Sales, effective October 1st. In his position, Mr. Fuss, who will be based in Toronto and report to newly-appointed CRO David Purdy, will spearhead the development of Stingray’s integrated advertising offering - both domestically and internationally – in support of the company’s growth objectives.

Mr. Fuss is a renowned media and technology professional with a proven track record of forging influential partnerships with brands, agencies, technology platforms, publishers, and media corporations. As part of Stingray’s revenue team, he will develop industry-leading solutions for advertisers and agencies looking to connect with passionate music audiences across all platforms and devices.

In the coming months, Stingray will roll-out advertising across several of its multiplatform properties and introduce new products for advertisers. The company is in the enviable position of bringing to market assets with built-in brand awareness and a global audience of over 400 million users.

“Following my nomination as Stingray’s CRO last week, the creation of this additional key leadership position sets the stages for the development of strategic partnerships with brands and advertisers worldwide who will see the benefits of connecting to world-class content. I invite them to stay tuned for exciting announcements in the next few months,” said David Purdy, Chief Revenue Officer of Stingray. “Ryan’s dynamism and deep expertise of the evolving advanced advertising landscape, including audience measurements and analytics, will be a tremendous asset to my team.”

“My career has been built around rising up to challenges and defying the status quo,” said Ryan Fuss “Stingray, a company that has more than demonstrated its ability to engage with audiences through a combination ground-breaking technology and emotional connection, is a perfect fit for my expertise. I have been given the rare opportunity to lay the groundwork for an advanced advertising model that offers brands and agencies access to platforms with massive reach at launch.”

Mr. Fuss comes to Stingray from Sortable where, as chief revenue officer and strategic partnerships lead, he was responsible for growing an international SaaS business focused on programmatic header-bidding and analytics for digital publishers. His impressive track record also includes tenures as chief revenue officer at Vice Canada, and as senior vice-president, media solutions at Blue Ant Media, wherein both instances he built highly successful integrated media and content marketing businesses.

About Stingray

Stingray Digital Group Inc. (TSX: RAY.A; RAY.B) is the world-leading provider of multiplatform music and video services as well as digital experiences for pay TV operators, commercial establishments, OTT providers, mobile operators, consumers, and more. Its services include audio television channels, premium television channels, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps, Stingray reaches 400 million subscribers (or users) in 156 countries and its mobile apps have been downloaded over 100 million times. Stingray is headquartered in Montreal and currently has close to 400 employees worldwide. For more information: www.stingray.com.

For more information, please contact:
Mathieu Péloquin
Senior Vice-President, Marketing and Communications
Stingray
1 514-664-1244, ext. 2362
mpeloquin@stingray.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9c8542bb-85fc-42a4-9d58-ac0fcf5952ec

WORLD´S FIRST ONLINE MUSIC SERVICE FOR SPECIAL CHILDREN LAUNCHED BY CANADIAN MUSIC COMPANY

Nasdaq Globewire - Tue, 18/09/2018 - 18:48

The new app enables you to nurture your special child’s neurological development through music listening at home

ST. CATHARINES, ONTARIO, CANADA, Sept. 18, 2018 (GLOBE NEWSWIRE) --

Specialtones Incorporated, a new Canadian music company focused on applied neuromusicology, today announced the launch of the world’s first online music service aimed at children with special needs. The Specialtones app brings you a comprehensive library of unique music playlists to trigger and promote your child’s neurological development, irrespective of neurodevelopmental disorder(s). It also brings you a data collection tool to monitor change in motor, phonological, cognitive and social behavior, and still lets you program a listening routine for your child that will fit into your family's schedule. All on your cell phone for $19.99 (CDN) per month.
Practical Features for Families
The new app maximizes the benefits that specialized music listening can bring to the life of your child with features that were developed with the domestic reality of parents in mind: you fill out a brief questionnaire and the app does the rest, automatically analyzing your answers to generate a customized music playlist for your child, and then you can schedule your child's listening routine. The music playlist will start playing from a paired Bluetooth speaker at the time you schedule and the volume level you select.
Neuroplasticity on Your Side
“We understand the human brain's innate ability to reorganize itself and form new connections throughout one's life. Therefore, at Specialtones we believe that a diagnosis does not have to be a destiny”, said Ricardo Peres, CEO of Specialtones Inc.
Focus on Continued Neurological Development
Music is able to induce a number of positive neurological changes because of sound’s primary and fundamental role in human neurological development. The Specialtones app promotes the development of neurological capacity through the routine listening of specialized music designed to target and positively enhance neurophysiological processes linked to the behavior(s) identified in the data provided every time the questionnaire is filled out.
Synergy with Other Therapies
Specialized music listening can leverage other therapies. The Specialtones app promotes parental observation and heightened awareness that serve to enrich the communication between parents and therapists toward improving outcomes in all therapy modalities.
30-day Free Trial
Specialtones offers a 30-day free trial with registration. The app is currently available on the Google Play store
About Specialtones
Specialtones is a pioneer in the field of applied neuromusicology. The company's online service enables parents to stimulate the development of their children right at home by means of specialized music listening. The Specialtones app delivers digitally manipulated audio files with music of Bach and Mozart that are filtered and assembled into distinct spectral density variants of tones and overtones geared to specific neurodevelopmental goals.

CONTACT: Ricardo Peres, CEO Specialtones, Inc. 1(905) 324.1461 ricardo@specialtones.com

Live from Nashville: 2019 Nissan TITAN to feature segment exclusive Fender® Premium Audio System by Panasonic

Nasdaq Globewire - Tue, 18/09/2018 - 18:30
  • 2019 TITAN will be the first Nissan vehicle and the only truck in its class to feature the Fender® Premium Audio System
  • New audio system features 12 speakers with amplifier power of 485 watts through nine channels, helping create the “emotion of a live performance” inside the 2019 TITAN
  • System is the first to offer Panasonic’s proprietary Acoustic Motion Control™ technology, reducing the vibration in the individual speakers to provide an immersive and detailed sound experience
  • 2019 TITAN will go on sale this fall

NASHVILLE, Tenn., Sept. 18, 2018 (GLOBE NEWSWIRE) -- Bringing a legend of rock and roll inside the 2019 Nissan TITAN, Nissan and Panasonic Automotive Systems Company of America will introduce the new Fender® Premium Audio System to the truck this fall. The 2019 TITAN will be the first Nissan vehicle and the only truck in its class to feature the Fender Premium Audio System.

Inspiring “the emotion of a live performance,” the Fender Premium Audio System includes 12 speakers (10 on King Cab models) with an amplifier power of 485 watts through nine channels. For a more precise immersive performance, the new Fender Premium Audio system incorporates Panasonic’s proprietary Acoustic Motion Control™ technology, which helps reduce vibration in the individual speakers to provide an immersive and detailed sound unlike any in its class.

“Every adventure requires a great soundtrack,” said Fred DePerez, vice president, Nissan North America LCV Business Unit. “With the new Fender Premium Audio System, every seat of the 2019 TITAN will feel like the front row at your favorite concert venue.”

“Panasonic’s exclusive collaboration with Fender has allowed us to develop a one-of-a-kind vehicle sound system with unsurpassed performance and authenticity,” said Tom Dunn, Director – Global Audio Solutions Business Unit, Panasonic Automotive Systems Company of America. “We have combined our 100 years of experience developing innovative consumer technology products and solutions with Fender’s mission to inspire players and music enthusiasts worldwide to create a premium audio system emotionally powerful enough to match the strength behind the 2019 TITAN.”

Panasonic Automotive, Fender and Nissan engineers and designers worked collaboratively to enhance the TITAN driving experience with a sound system that delivers rich, dynamic and immersive music quality. The 12 speakers featured in the Fender Premium Audio System in the 2019 TITAN have been strategically balanced and integrated into the design of the truck to deliver the emotion of a live performance for the driver and all passengers.

“At Fender, we've spent more than 70 years perfecting tone for players and music enthusiasts around the world, and we're proud to see that same quality extend to our partnership with Panasonic and the Nissan family,” said Dan Heitkemper, Vice President, Licensing & Merchandising at Fender. “The Fender Premium Audio System delivers uncompromised quality and clarity in every row – producing the realistic ambience of a performance venue in the 2019 Nissan TITAN, a perfect blend for music and truck-lovers alike.”

The 2019 Nissan TITAN Fender Premium Audio System features:

  • 485 watts of amplifier power
  • 12 speakers (10 on King Cab models)
  • Panasonic’s proprietary Acoustic Motion Control™
  • Front 1-inch soft dome tweeters in the A-pillars
  • Front 2.5-inch SDR midrange speakers in the top of the instrument panel
  • 6x9-inch SDR high power woofers in the front doors
  • 3-inch center channel speaker 
  • 6.5-inch rear door woofer speakers
  • 1-inch soft dome tweeters in the rear doors
  • 8-inch SLDD subwoofer with 10 liter enclosure

The Fender Premium Audio System will launch on select trim levels of the 2019 TITAN this fall. For more information on TITAN and the complete Nissan vehicle lineup, please visit NissanNews.com.

About Nissan North America 
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized annually by the U.S. Environmental Protection Agency as an ENERGY STAR® Partner of the Year since 2010. More information on Nissan in North America and the complete line of Nissan and INFINITI vehicles can be found online at www.nissanusa.com and www.infinitiusa.com, or visit the U.S. media sites nissannews.com and infinitinews.com. 

About Nissan Motor Co.
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2017, the company sold 5.77 million vehicles globally, generating revenue of 11.9 trillion yen. On April 1, 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has partnered with French manufacturer Renault since 1999 and acquired a 34% stake in Mitsubishi Motors in 2016. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017. 

For more information about our products, services and commitment to sustainable mobility, visit nissan-global.com. You can also follow us on Facebook, Instagram, Twitter and LinkedIn and see all our latest videos on YouTube

About Panasonic Automotive Systems Company of America
Panasonic Automotive Systems Company of America is a division company of Panasonic Corporation of North America and a leading global supplier of automotive infotainment and connectivity system solutions. Panasonic Automotive Systems Company of America acts as the North American affiliate of Panasonic Corp.’s Automotive & Industrial Systems Company, which coordinates global automotive and industrial systems and components operations. Panasonic Automotive is headquartered in Peachtree City, Georgia, and with sales, marketing and engineering operations in Farmington Hills, Mich. For more information on Panasonic Automotive, please visit: http://us.panasonic.com/automotive.

Panasonic is the registered trademark of Panasonic Corporation. Any other trade and/or service marks used herein are the property of their respective owners. 

About Panasonic Corporation of North America
Newark, NJ-based Panasonic Corporation of North America is a leading technology partner and integrator to businesses, government agencies and consumers across the region. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and leverages its strengths in Immersive Entertainment, Sustainable Energy, Integrated Supply Chains and Mobility Solutions to enable its business-to-business customers. Panasonic was highlighted in Forbes Magazine’s Global 2000 ranking as one of the Top Ten Best Regarded Companies for 2017.  The ranking is based on outstanding scores for trustworthiness, honesty with the public and superior performance of products and solutions. Learn more about Panasonic’s ideas and innovations at Panasonic.com.

About Fender Musical Instruments Corporation
Since 1946, Fender has revolutionized music and culture as one of the world’s leading musical instrument manufacturers, marketers and distributors. Fender Musical Instruments Corporation (FMIC), whose portfolio of brands includes Fender®, Squier®, Gretsch® guitars, Jackson®, EVH® and Charvel®, follows a player-centric approach to crafting the highest quality instruments and musical solutions across genres. FMIC is dedicated to unlocking the power of music through electric and acoustic guitars, amplifiers, pro audio, accessories and digital products that inspire and enable musical expression at every stage, from beginners to history-making legends. For more information, visit www.fender.com.

Media Contacts:
Kevin Raftery
Nissan Truck & SUV/Outdoor Communications
615-725-5236
Kevin.Raftery@nissan-usa.com 

Maria Rohrer                              
Panasonic Automotive                            
248-324-6664                             
maria.rohrer@us.panasonic.com

Amanda Kopczyk
Panasonic Automotive
248-324-6422
amanda.kopczyk@us.panasonic.com

Christina Stejskal
Fender Musical Instruments Corp.
323-210-1840
cstejskal@fender.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bd509d15-9d07-42d7-9fc9-e1cf13c7d388

Transactions in relation to share buyback program

Nasdaq Globewire - Tue, 18/09/2018 - 14:28

Acting under its share buyback authorization, the GN Store Nord Board of Directors initiated a share buyback program on May 2, 2018, in accordance with article 5 of the regulation (EU) no. 596/2014 of 16 April 2014 on market abuse and the delegated regulation (EU) no. 2016/1052 of 8 March 2016, also referred to as the Safe Harbor rules (company announcement no. 15 of May 2, 2018).

The share buyback program has been initiated in order to reduce the company’s share capital and to cover obligations under the long-term incentive program. Under the share buyback program, which runs from May 2, 2018 and will end no later than March 14, 2019, GN intends to buy back shares for an amount of up to DKK 1,000 million.

The following transactions have been made under the program in the period September 11, 2018 – September 17, 2018:

 No. of sharesAverage purchase price, DKKTransaction Value, DKK  September 11, 20186,272327.062,051,296  September 12, 20186,679331.312,212,819  September 13, 20187,000331.442,320,100  September 14, 20187,500328.872,466,519  September 17, 20185,000324.111,620,528Accumulated under the program1,674,214279.68468,243,082

In the period from September 11, 2018 to September 17, 2018 the exercise of warrants under GN’s incentive programs have resulted in a transfer of 9,629 GN shares to key employees.

Following the above transactions GN holds a total of 12,416,068 own shares corresponding to a nominal value of DKK 49,664,272 and 8.5% of the total share capital and the total voting rights in the company. Every Tuesday, GN will announce the number and value of repurchased shares in company announcements to Nasdaq Copenhagen.

For further information, please contact:

Investors and analysts
Peter Justesen
VP – Investor Relations & Treasury
Tel: +45 45 75 87 16

Or

Rune Sandager
Senior Investor Relations Manager
Tel: +45 45 75 92 57


Press and the media
Lars Otto Andersen-Lange
Group Media Manager
Tel: +45 45 75 02 55


About GN Group
The GN Group is a global leader in intelligent audio solutions that let you hear more, do more and be more than you ever thought possible. With our unique competencies within medical, professional and consumer audio solutions, we transform lives through the power of sound: Hearing aids that enhance the lives of people with hearing loss; integrated headset and communications solutions that assist professionals in all types of businesses to be more productive; wireless headsets and earbuds designed to support calls, music and media consumption.

With world leading expertise in the human ear, sound, wireless technology and miniaturization, GN’s innovative and intelligent audio solutions are marketed by the brands ReSound, Beltone, Interton, Jabra and Blueparrott in 100 countries across the world. Founded in 1869, the GN Group today has more than 5,500 employees and is listed on Nasdaq Copenhagen (GN.CO).

Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and Twitter.

Attachments

Avid and the Avid Customer Association Unveil 6th Annual Connect Conference and Launch Early Registration

Nasdaq Globewire - Sun, 16/09/2018 - 22:00

At Connect 2019, media and entertainment professionals at all levels will connect, collaborate, learn and be heard while “Creating the Future” of the industry

AMSTERDAM, The Netherlands, Sept. 16, 2018 (GLOBE NEWSWIRE) -- IBC (Hall 7, Stand B.55) – In collaboration with the Avid Customer Association (ACA), Avid® (Nasdaq: AVID) today unveiled the highly anticipated theme and program preview for Connect 2019, the powerful annual gathering of media and entertainment technology users and influencers. Guided by the mission for “Creating the Future,” Connect 2019 (April 6-7, 2019 at Aria Las Vegas, immediately preceding the NAB Show) will enable collaboration, learning, and interaction among the global community that creates and delivers TV, film and music.

Early registration for Connect 2019 is now open at http://www.avidconnect2019.com, providing a significant 25% savings through October 31, 2018. Simply by registering for the conference, participants will also earn their place in the ACA, which today gives a voice and proven influence to more than 30,000 members from every discipline and job level in content creation, production, management and delivery—from global media organization leaders to individuals just getting started on their careers.

The Connect tradition provides a forum unlike any other, emphasizing unparalleled access and discovery led by the individuals and organizations who are blazing new trails in video and audio production, post production, management, and delivery for the whole industry to adopt—while working to reach audiences everywhere and drive revenues from their content. Connect 2019 will draw on media’s top talent to deliver intimate technical, creative and business tutorials, panel sessions and real-world showcases. The 2019 conference program preview features a diverse agenda of critical topics such as:

  • The Direct-to-Consumer Opportunity—Expanding the market for premium sports
  • Rocket-fueled Storytelling—Technology for the next big bang for drama and sports producers
  • Editing without Boundaries—Virtualized, collaborative editing as a way to make projects more efficient and content more compelling
  • Complete Content Visibility—Eliminating siloes and establishing total visibility of all assets
  • Immersive Audio Mixing for Theaters and the Home
  • Next-Generation Media Workflows—Transformation in practice

Throughout Connect 2019, attendees will become better connected with each other and become fully prepared to ensure their success despite the challenges spurred by the evolving digital media landscape. Additionally, the ACA and Avid will reveal the 3rd Annual ACA Vote results, the most comprehensive survey of media and entertainment technology users, which identifies where this community needs to focus its efforts while also contributing to the ongoing dialogue between Avid and the ACA.

“Connect events are truly special moments, which in concert with ACA membership, map the way forward for individuals, teams and organizations alike, the majority of whom return year after year to connect, collaborate and be heard,” said Jeff Rosica, CEO and President, Avid. “Avid and the ACA are designing Connect 2019 to help anyone in the community to take control and create our collective future and their own success in this era of digital media.”

In order to accelerate seamless collaboration and connectivity between key technologies and drive a more cohesive global media ecosystem from the camera and mic all the way through to consumers, the ACA provides a wide range of high-impact opportunities for vendors of all types to support the community and gain visibility as an official Connect 2019 sponsor. To explore, visit http://www.avidconnect2018.com/sponsors.

About the Avid Customer Association
Avid and its customers established the Avid Customer Association (ACA) to create the world’s most innovative and influential media technology community representing organizations and professionals from all levels of the industry. The ACA fosters deep collaboration between Avid and the people who are most passionate about capturing opportunities to thrive in the industry. Any professional working in media and entertainment can become an ACA member, which is free of charge for any qualified member of the community. Learn more at www.avidcustomerassociation.com.

About Avid
Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE™, FastServe®, Maestro™, and PlayMaker™. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on FacebookInstagram, TwitterYouTubeLinkedIn, or subscribe to Avid Blogs.

© 2018 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid NEXIS, FastServe, AirSpeed, Artist, iNews, Maestro, MediaCentral, Media Composer, PlayMaker, Pro Tools, ScriptSync, PhraseFind, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.

PR Contact:
Avid
Amy Paladino
amy.paladino@avid.com
+1-617-733-5121

Red Lorry Yellow Lorry (Avid’s PR agency)  
Alex Humphries-French – UK
Tanya Roberts – USA                        
avid@rlyl.com 

Avid Achieves Major Milestone with Over One Million User Downloads of Its First Family of Creative Tools

Nasdaq Globewire - Sat, 15/09/2018 - 11:30

Avid empowers the next generation of audio and video content creators by giving them the tools the world’s top creative professionals rely on with free downloads of Pro Tools | First, Media Composer | First and Sibelius | First

AMSTERDAM, The Netherlands, Sept. 15, 2018 (GLOBE NEWSWIRE) -- IBC (Hall 7, Stand B55) -- Avid® (Nasdaq: AVID), the leading technology provider that powers the media and entertainment industry, announced today that over one million aspiring creative people in nearly every country have downloaded Avid First creative tools for free to develop their craft and accomplish their best possible work in music and video. With Pro Tools® | First, Media Composer® | First and Sibelius® | First, this new generation of users can create amazing content, collaborate with Avid’s dynamic global community of aspiring and professional users, and get on the path toward a successful career in media and entertainment.

Avid’s family of First tools includes product features and capabilities available in the iconic professional-grade Avid offerings that creative professionals use to achieve award-winning results. With Avid’s First tools, aspiring creatives also gain access to the world of Avid’s online Artist Community, which connects content creators at all stages of their careers to interact with each another, cultivates new collaborative opportunities, and gives them a platform to share their work.

"I use Sibelius on every single project I work on in film, concert music, and production music,” said John Ashton Thomas, Orchestrator, Black Panther. “Sibelius | First makes the essential tools I use every day available for everyone – for free.”

Scott Jacobs, Assistant Editor, Despicable Me 3, The Bourne Legacy, said, “Knowing Media Composer is integral to our job because if you want to work in Hollywood, 90 percent of the films being made are being edited by using Avid.”

Jeff Rosica, Avid CEO and President, stated, “Hit TV shows, chart-topping music, and blockbuster films come from celebrated creative minds who are telling amazing stories with help from Avid’s creative tools. By getting the tools the pros use into the hands of more than a million beginners around the world, Avid’s fostering a whole new generation of content creators who will grow to delight and inspire audiences everywhere.”

Where Red Carpet Dreams Begin
Pro Tools | First allows music creatives who are just beginning their journey in recording, engineering and production to record, mix and collaborate using the industry-standard toolset. With Media Composer | First, beginner video editors get all the features and functionality they need to tell great stories, while learning the industry's leading professional non-linear editing tool. For music composers, Sibelius | First provides a powerful notation toolset including music composition transcription and editing. All three of these Avid creative tools for aspiring creatives can be downloaded immediately for free at www.avid.com/million.

About Avid
Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE™, FastServe®, Maestro™, and PlayMaker™. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on FacebookInstagram, TwitterYouTubeLinkedIn, or subscribe to Avid Blogs.

© 2018 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid NEXIS, FastServe, AirSpeed, Artist, iNews, Maestro, MediaCentral, Media Composer, PlayMaker, Pro Tools, ScriptSync, PhraseFind, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.

PR Contact:
Avid
Amy Paladino            
amy.paladino@avid.com
+1-617-733-5121

Red Lorry Yellow Lorry (Avid’s PR agency)  
Alex Humphries-French – UK
Tanya Roberts – USA                        
avid@rlyl.com

 

Summit Wireless Technologies, Inc. Reports Company Vision

Nasdaq Globewire - Fri, 14/09/2018 - 16:35

Changes name from Summit Semiconductor, Inc. to Summit Wireless Technologies, Inc.

SAN JOSE, Calif., Sept. 14, 2018 (GLOBE NEWSWIRE) -- Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, today filed its Form 10-Q for the quarter ended June 30, 2018 with the SEC and reviewed recent accomplishments discussed below.

“Having successfully completed our IPO in July, we are focused on supporting upcoming customer product launches and fueling 2019 growth,” said Summit Wireless President and CEO Brett Moyer. “Our immersive, wireless sound technology is being incorporated into an increasing number of products from Tier 1 consumer electronics brands. Our latest example is Harman Kardon launching its new Citation Series of wireless speakers. The Citation Bar, Sub, Tower, and Surround products are powered with Summit Wireless’ WiSA™-certified technology that delivers immersive sound with best-in-class low-latency and multi-channel speaker synchronization. Further, adoption of the WiSA (Wireless Speaker and Audio Association) global interoperability standard is expanding with new members, such as Eastech and Sound United, which comprises the Denon®, Marantz®, Polk Audio, Classé, Definitive Technology, Polk BOOM, HEOS®, and Boston Acoustics brands. Summit Wireless and our customers plan to showcase and launch WiSA-ready products, including speakers for game consoles and TVs, at CES, which takes place in Las Vegas, January 2019. We believe the growing WiSA membership and the accelerating Summit Wireless integration by more leading brands will create significant long-term revenue growth opportunities,” concluded Moyer.

Recent Summit Wireless Highlights

  • Announced Harman International incorporated Summit Wireless’ WiSA interoperability technology into its Harman Kardon Citation wireless speaker series, to be available to consumers in October.
  • Appointed Gaming and Esport industry veteran Michael Howse to its board of directors.
  • Appointed financial industry veteran Brian Herr to its board of directors.
  • Welcomed Sound United and Eastech as new Tier 1 brand members of WiSA in August, creating opportunity for accelerated adoption in 2019.
  • Raised $12 million in gross proceeds through an initial public offering in July 2018.
  • Changed company name to Summit Wireless Technologies, Inc.

Summit Wireless’ quarterly report on Form 10-Q for the second quarter of 2018 is available at https://ir.summitwireless.com and at www.sec.gov.

About Summit Wireless Technologies, Inc.

Summit Wireless Technologies, Inc. (NASDAQ: WISA) is a leading provider of immersive, wireless sound technology for intelligent devices and next generation home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung; LG; Klipsch; Bang & Olufsen; Xbox, a subsidiary of Microsoft; and others, Summit Wireless delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. Summit Wireless is a founding member of WiSA™ (the Wireless Speaker and Audio Association) and works in joint partnership to champion the most reliable interoperability standards across the audio industry. Summit Wireless, formerly named Summit Semiconductor, Inc., is headquartered in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea. For more information, please visit: www.summitwireless.com

About Wireless Speaker and Audio (WiSA) Association

WiSA™ is dedicated to bringing wireless immersive sound – high resolution, wireless, multi-channel audio products to the home theater market by building an interoperability standard with consumer electronics brands and original device manufacturers for the consumer. WiSA technology eliminates the complicated set-up and wiring of traditional audio systems by utilizing cutting-edge wireless technology to create powerful and reliable audio systems that boast uninterrupted listening. The interoperability of WiSA testing means that users can feel confident that all WiSA certified components from any brand will work perfectly together. WiSA technology also ensures multichannel transmission of low-latency, high-definition audio, dramatically increasing users’ potential to enjoy games, movies, TV and music. For more information about WiSA, please visit http://www.wisaassociation.org/.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting Summit Wireless’ business including, increased competition; the ability of Summit Wireless to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence; general economic conditions; and other risks detailed from time to time in the Summit Wireless’ filings with the Securities and Exchange Commission.

Contact Information 

Kirsten Chapman, LHA Investor Relations, +1 415 433 3777, summit@lhai.com    

 

Avid Announces Next Generation Maestro | Engine Real-time Graphics and Video Hardware Rendering Platform

Nasdaq Globewire - Fri, 14/09/2018 - 15:30

New graphics and video hardware rendering platform gives users the performance, scalability and format support they need to produce stunning broadcast graphics, virtual studios, augmented reality, and video wall content in the highest achievable quality

AMSTERDAM, The Netherlands, Sept. 14, 2018 (GLOBE NEWSWIRE) -- IBC (Hall 7, Stand B.55) -- Avid® (Nasdaq: AVID), the leading technology provider that powers the media and entertainment industry, today announced the next generation Maestro™ | Engine real-time graphics and video hardware rendering platform for its Maestro Graphics product line. Maestro | Engine scales from HD and 1080P to UHD supporting both SDI and Video Over IP interfaces. With Maestro | Engine, broadcasters can produce graphics, virtual studios, augmented reality and video wall content in the industry’s highest achievable quality.

As the successor to Avid HDVG, Maestro | Engine enables broadcasters to introduce new production capabilities—including 3G, UHD, HDR, and IP workflows—alongside their current HD/SD SDI workflows, with minimal disruption. Available in two configurations—Maestro | Engine and Maestro | Engine 4K—the platform works with all Maestro graphics suite solutions, providing performance, scalability, and format support to surpass customers’ current and future broadcast requirements.

“As broadcast production evolves, broadcasters increasingly need flexible, future-proof graphics rendering hardware to enable them to tell more compelling stories,” said Ray Thompson, Director of Broadcast and Media Solutions Marketing at Avid. “The new Maestro | Engine enables customers to differentiate and elevate their content with compelling data-driven augmented reality graphics and virtual sets delivered in real time. Maestro | Engine hardware supports IP I/O and delivers the performance and reliability required for any news, sports, or other broadcast content engaging audiences in new ways.” 

Maestro | Engine enables customers to:

  • Scale I/O according to their needs
    Maestro | Engine is available in two hardware configurations that can be scaled for any production need. The Maestro | Engine base system offers up to eight video insertions and up to four outputs, including fill and key, to handle most standard CG needs and dual channel production. To tackle more demanding UHD, video wall, and virtual studio productions, Maestro | Engine 4K offers up to 16 video insertions and up to eight outputs—or up to four fill and four key outputs for UHD production.
  • Manage multiple systems to support complex broadcast workflows
    With enhanced performance and rendering power, Maestro | Engine works across all Maestro graphics suite authoring and control solutions both new and old, providing backwards compatibility so existing content and production will continue to work without any issues.
  • Switch from an SDI workflow to IP with ease
    Maestro | Engine not only works with any SDI infrastructure, it makes it easy to transition to Video Over IP using a broadcaster’s existing 10Gb fiber network and field-changeable interface boards, so they can make the upgrade gradually at their own pace to experience better cost savings and greater bandwidth for high-resolution media.
  • Produce stunning SD, HD and UHD content
    Maestro | Engine works in concert with Maestro | RenderEngine software, providing advanced graphics rendering in the highest quality possible—whether displayed onscreen or in the studio. It also can drive content to multiple canvases, scale content up or down, and crop it. This makes it easy to preview large-scale video walls with a single HD feed, reducing system complexity and cost.
  • Achieve unparalleled realism
    To elevate virtual studio productions to cinematic quality, Maestro | Engine 4K works with both Maestro | RenderEngine and Epic’s Unreal Engine. Users get the power and flexibility to present stunning virtual environments full of realism, depth, and detail. Because only Avid engines can run simultaneously on a single Maestro | Engine 4K, users can render all virtual studio elements using Unreal Engine while overlaying data-driven augmented reality graphics with Maestro | RenderEngine.
  • Get flawless, versatile performance
    Featuring a proprietary I/O card that delivers ultra-low-latency video transfer, Maestro | Engine maintains a constant two frames of delay from input to output for seamless object mapping and audio handling. The Maestro | Engine is also capable of real-time graphics, video compositing and rendering, with scalable inputs, fill and key outputs. Its open API enables users to create their own control applications.
  • Have flexibility for the future
    To ensure a high return on investment, customers need a system that can grow with them as their workflow and technologies evolve. The Maestro | Engine platform is built for today’s and tomorrow’s broadcast needs, supporting SD, HD, UHD, and (coming soon) HDR workflows. It offers field-changeable interface boards, so users can transition from SDI to IP whenever they’re ready. Support for new technologies and features will be made available through software updates.
  • Integrate video playback
    Maestro | Engine handles live video sources and plays back video stored on its local drive, Avid NEXIS®, or other network storage device. It has two 1GbE connections and a 10GbE option for more demanding video transfers. Users can create compelling visuals using video clips as background elements or as textures mapped onto scene objects. Maestro | Engine supports a wide range of codecs—including Avid DNxHD/DNxHR, XDCAM 50, AVC-I, XAVC-I, and QT RLE.
  • Manage systems from anywhere
    Users don’t need to install additional client software or have a systems administrator tethered to the machine room to manage and configure settings. Maestro | Engine uses a web-based interface for all systems management. Users can set up and make changes to access rights, video formats, genlock sources, input and output mapping, and other settings from any computer or device on their network—from anywhere.
  • Protect their production
    Maestro | Engine is built to withstand the demands of 24/7 operation. It features dual power supplies, dual network interfaces, and software and hardware watchdog preventing production interruptions. And, because all Maestro graphics suite applications can control multiple Maestro | Engines, users can deploy additional engines as live backups to on-air systems. 

Availability
Maestro | Engine and Maestro | Engine 4K will ship in the fourth quarter of 2018. For more information, visit https://www.avid.com/maestro-graphics.

About Avid
Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE™, FastServe®, Maestro™, and PlayMaker™. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on FacebookInstagram, TwitterYouTubeLinkedIn, or subscribe to Avid Blogs.

© 2018 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid NEXIS, FastServe, AirSpeed, iNews, Maestro, MediaCentral, Media Composer, PlayMaker, Pro Tools, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. Unreal® is a trademark or registered trademark of Epic Games, Inc. in the United States of America and elsewhere. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.

PR Contact:
Avid
Amy Paladino
amy.paladino@avid.com
+1 617-733-5121

Red Lorry Yellow Lorry (Avid’s PR agency)
Alex Humphries-French – UK
Tanya Roberts – USA
avid@rlyl.com

Avid Delivers Major Innovations Across the IBC Show for Media Enterprises, Production Teams and Creative Professionals

Nasdaq Globewire - Fri, 14/09/2018 - 15:30

Avid shows wide range of products and tools; demonstrates IP workflow breakthroughs; and showcases creative customer achievements

AMSTERDAM, Sept. 14, 2018 (GLOBE NEWSWIRE) -- IBC (Hall 7, Stand B55) Avid® (Nasdaq: AVID), the leading technology provider that powers the media and entertainment industry, brings a wave of innovation in newly available products and technology demonstrations across the IBC Show floor to help enterprises, teams and individuals to maximize efficiency and opportunity in media creation, management and distribution. Further, Avid thought leadership will be present across the event through high-profile customers – including the creative forces behind Star Wars: The Force Awakens and Dead Pool 2 being featured on IBC’s main stage as well as Avid executives and technology experts participating on several conference panels exploring the content supply chain, artificial intelligence and advanced graphics.

Avid Innovations Make IBC Debut
Avid is demonstrating for the European media and entertainment community its latest wave of innovative tools, apps, services and solutions for creative professionals, production teams and media enterprises including:

  • The next generation, web-based version of MediaCentral®, Avid’s industry-leading media production and management platform
  • MediaCentral | Editorial Management, a simple-to-deploy asset management tool that accelerates collaboration among post production and broadcast teams through secure, reliable and easily configured media workflows
  • Avid | On Demand, a SaaS cloud services and solutions platform that provides media production capabilities on demand
  • Avid NEXIS® | E5 NL high-density, on-premises nearline storage solution
  • The expanded Avid VENUE™ | S6L family of live sound systems (shipping this month), with three new control surfaces, a new engine, and two new I/O racks – all on a unified platform
  • The expanded Creative Tools Family, which provides access to Avid’s iconic Pro Tools®, Media Composer® and Sibelius® software for creative individuals at any stage of their career and teams of any size
  • The state-of-the-art Maestro™ | PowerWall display control and management solution that puts the power of Ultra-high definition graphics into the hands of any television broadcaster
  • The new Maestro | Engine, a next generation real-time graphics and video hardware rendering platform for the Maestro graphics product line. Scaling from HD and 1080P to UHD, and supporting both SDI and Video Over IP interfaces, Maestro | Engine enables broadcasters to produce the highest-quality graphics, virtual studios, augmented reality and video wall content.

“The products Avid is showing today at IBC, and our forward leaning innovation in areas such as IP connectivity, 4K and cloud, have been shaped and prioritized by our customers who are all counting on the vendor community to come together and help them overcome the massive shift impacting every aspect of their business,” said Jeff Rosica, CEO and President, Avid. “We’ve accelerated our delivery of open platforms, tools, apps, services and solutions to make it easier for our customers to end disparity among technology in their operations, so they can work faster on smaller budgets, and still thrill and retain viewers on any platform.”

Achieving IP Connectivity to Increase Media Operations Efficiency
Avid continues to lead the industry’s migration to more efficient IP-based workflows for broadcast, post production and audio, and is driving the industry toward seamless IP connectivity by incorporating support for the latest standards and open source protocols. Avid is showcasing several IP demonstrations at its stand including:

  • NewTek NDI (network device interface) output from Media Composer
  • Avid Artist™ | DNxIP for media workflow connectivity supporting SMPTE 2022-6
  • Avid FastServe® video servers with IP I/O
  • The new Maestro L Engine with support for SMPTE 2022-6 
  • Audio over IP for live sound with the Avid VENUE | S6L using AVB and Dante AoIP protocols from MADI (Multichannel Audio Digital Interface) connectivity
  • Audio production facilities using Dante from the Pro Tools® | MTRX interface to route audio between studios
  • MXF IP live ingest to Media Composer, highlighting growing file support for edit while capture from an ARRI camera with a Nablet MXF plug-in rewrapping to MXF in real time (demoing at the IBC Future Zone)

Avid is also demonstrating IP connectivity with FastServe and Maestro Graphics as part of the Alliance for IP Media Solutions (AIMS) interoperability showcase in rooms E106 and E107.  Additionally, Avid will demonstrate IP output from Media Composer connected to a Cisco IP Fabric for Media at Cisco in Hall 1, Stand A71. In addition, Avid and Microsoft are presenting the latest technology advancements of their partnership including on-demand offerings – Avid Illuminate On Demand and Shared Library On Demand – as well as highlighting Azure integrations for AI at Microsoft in Hall 1, Stand C27.

Avid Creative Users Headlining IBC’s Big Screen Stage
Taking the spotlight on IBC’s Big Screen program, pre-eminent Avid users will give audiences exciting insight into the world’s most high-profile film projects as part of a new conference forum that will explore how technology innovation is helping to bring stories to life like never before:

  • The Story of the Edit: Star Wars
    2.45-3.15 p.m. on Saturday, September 15 at the Auditorium
    Oscar®-nominated Maryann Brandon, DGA, ACE, joins Avid’s Director of Pro Video Solutions Marketing, Matt Feury, on the Big Screen stage direct from London, where she’s working on the next installment of the legendary Star Wars franchise. Her multi-award-winning career includes editing credits for upcoming Marvel movie Venom, Star Wars: The Force Awakens and animated feature How To Train Your Dragon.
  • The Story of the Edit: Deadpool 2
    10.25-10.55 a.m. on Sunday, September 16 at the Auditorium
    Dirk Westervelt, from the editing team on this year’s blockbuster movie Deadpool 2, joins Avid’s Matt Feury to reveal the cutting room story behind director David Leitch’s vision for the superhero film. Westervelt’s credits include Marvel Entertainment's X-Men movie Logan and Warner Bros’ action thriller Run All Night.

Delivering Business and Tech Thought Leadership Across IBC
Avid leadership and subject matter experts will share their insights and expertise in several conference sessions, discussing innovations in artificial intelligence and virtual reality, as well as how the content supply chain must evolve to drive all media and entertainment stakeholders forward:

  • IABM's Opening Executive Keynote Session
    7.30-8.45 a.m. on Friday, September 14 at The Forum 
    Jeff Rosica, President and CEO at Avid, will participate in a featured panel session alongside leaders from media companies including Discovery, ITV and others to explore how the content supply chain is changing the face of business. Peter White, CEO of the International Association for Broadcast & Media Technology Suppliers, will moderate.
  • Tech Talks: Head - Firmly in the Cloud
    10.00 – 11.15 a.m. on Saturday, September 15 at The Emerald Lounge
    Tim Claman, CTO and Vice President of Product Management at Avid, will present his white paper: Extending Media Production to the Cloud.
  • Uncovering the Real Value of AI for Media Production
    11.40 a.m.-12.00 p.m. on Sunday, September 16 at the IABM Future Trends Theater in the IBC 2018 Future Booth
    Tim Claman, CTO and Vice President of Product Management at Avid, will discuss new Artificial Intelligence applications and the dilemma of how best to harness the power of AI in a way that gives tangible business benefits as technology progresses and implementation grows. 
  • The Future of TV is Virtual: Captivating Viewers with Immersive Experiences
    11.00-11.20 a.m. on Monday, September 17 at the IABM Future Trends Theater in the IBC 2018 Future Booth
    Haim Halperin, Senior Principle Broadcast Product Manager at Avid, will explore how organizations can harness immersive technologies to captivate and retain viewers—from 3D graphics in the studio to delivering the stadium experience at home.
  • FKTG Discussion Panel –  AI for Media Production
    4.30-6.00 p.m. on Monday, September 17 at the Emerald Lounge
    Tim Claman, CTO and Vice President of Product Management at Avid, will participate in a panel session on the use of AI in media production and its potential to revolutionize the content creation and production process.

About Avid
Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE™, FastServe®, Maestro™, and PlayMaker™. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on FacebookInstagram, TwitterYouTubeLinkedIn, or subscribe to Avid Blogs.

© 2018 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid NEXIS, FastServe, AirSpeed, Artist, iNews, Maestro, MediaCentral, Media Composer, PlayMaker, Pro Tools, ScriptSync, PhraseFind, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.

Oscar is a registered trademark or service mark of the Academy of Motion Picture Arts and Sciences.

PR Contact:
Avid
Amy Paladino
amy.paladino@avid.com
+1-617-733-5121

Red Lorry Yellow Lorry (Avid’s PR agency)  
Alex Humphries-French – UK
Tanya Roberts – USA                        
avid@rlyl.com

Stingray Qello Named Exclusive Streaming Partner for KAABOO Del Mar September 14-16, 2018

Nasdaq Globewire - Fri, 14/09/2018 - 02:19

Stingray Qello to stream more than thirty artists over three days including Imagine Dragons, Katy Perry, Robert Plant and the Sensational Space Shifters, Wiz Khalifa, N.E.R.D, Incubus, Billy Idol, Cake, and more

KAABOO Del Mar sold out for first time in event’s four year history

SAN DIEGO, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Today, KAABOO announced a partnership with Stingray and named Stingray Qello as the exclusive streaming partner for its three-day, multi-experience event taking place this weekend, September 14-16, 2018, in beautiful Del Mar, CA. Music fans can tune in for FREE all three days to Stingray Qello, the worldwide multi-platform streaming service that transforms any screen into a live concert experience, to watch live performances from over 30 bucket list and chart-topping artists.

This timely partnership comes as KAABOO Del Mar announces that it has sold out of all passes for the first time in the event’s four year history. At the time of this announcement, KAABOO had only a limited number of HANG LOOSE (GA) Friday passes remaining.  KAABOO has announced that passes will be fully sold out prior to gates opening on Friday, September 14 and will not be available for sale at the box office.

“Reaching a full sell out will be a major milestone for us at KAABOO,” says Jason Felts, Chief Brand + Marketing Officer at KAABOO. “We are so grateful to our loyal fans for making KAABOO part of their end-of-summer plans, and for many, selecting KAABOO over other great festivals in the country and across the world. We look forward to also sharing the experience across the globe through the Stingray Qello Livestream.”

As the exclusive music streaming partner of KAABOO Del Mar 2018, a curated three-day immersive experience showcasing the biggest names in music, comedy, gourmet cuisine and contemporary art, Stingray Qello will stream a selection of sets from the event’s three music stages including Sunset Cliffs Stage presented by Rolling Stone, Grandview Stage presented by MGM Resorts, and Trestles Stage presented by BMW of Encinitas. Performances will be streamed in real-time all weekend and can be found on all available devices, including the Stingray Qello mobile app, web player, Apple TV, Amazon Fire TV, Roku and more devices.

“KAABOO’s commitment to booking an eclectic mix of premier performers, ranging from global superstars, heritage acts, and rising stars, makes for that very special brand of entertainment that we seek to bring to our music-loving subscribers,” says Stingray Qello Co-founder and President Richard Johnson. “Add in the backdrop of breathtaking Del Mar, California, and you’ve got the perfect audio-visual music experience, and that is core to our DNA.”

KAABOO Del Mar 2018 will host performances by Foo Fighters, Imagine Dragons, Katy Perry, Robert Plant and the Sensational Space Shifters, Halsey, Post Malone, and dozens of other bands from the Del Mar Racetrack just north of San Diego, CA. Music lovers who can’t escape to the West Coast for the weekend can watch this premier event for free on Stingray Qello. Final streaming schedule subject to confirmation and change.

How to access the free KAABOO live stream:

  • KAABOO Del Mar will be available and FREE on Stingray Qello.
  • RSVP before September 14 to the KAABOO live stream at qello.com/kaaboo for updates.
  • From September 14-16, connect to an existing Stingray Qello account or log in to qello.com/kaaboo

To find the complete KAABOO Del Mar lineup and schedule, visit - kaaboodelmar.com/lineups and kaaboodelmar.com/daily-schedules

For a list of all available devices to watch the KAABOO live stream: qello.com/devices

About KAABOO Del Mar
KAABOO has shifted the festival paradigm and carved out its name among international and destination events as a lifestyle and live entertainment brand. At KAABOO, all guests receive an immersive, multifaceted and hospitality-driven experience that engages all five senses. At KAABOO multi-day annual events, guests enjoy a world-class music and HUMOR ME comedy lineup; an on-site Contemporary Art Fair in ARTWORK, plus a display of outdoor murals and installations; PALATE gourmet food and craft libations tastings; a Las Vegas-style day club called BASK, plus spa and relaxation services at INDULGENCES.

KAABOO Del Mar, KAABOO’s flagship event, is conveniently located at the Del Mar Racetrack and is celebrated as San Diego, CA’s largest multi-day major music and entertainment festival. Slated this year for September 14-16, 2018, KAABOO Del Mar was recently nominated for Pollstar Magazine’s “2017 Music Festival of the Year” in only its third year. For more information, visit https://www.kaaboodelmar.com/.

About Stingray

Stingray (TSX: RAY.A; RAY.B) is the world-leading provider of multiplatform music and video services as well as digital experiences for pay TV operators, commercial establishments, OTT providers, mobile operators, consumers, and more. Its services include audio television channels, premium television channels, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps, Stingray reaches 400 million subscribers (or users) in 156 countries and its mobile apps have been downloaded over 100 million times. Stingray is headquartered in Montreal and currently has close to 400 employees worldwide. For more information: www.stingray.com.

About Stingray Qello

Stingray Qello is a multiplatform service that transforms any screen or connected device into a live concert experience. Watch the world's largest collection of On Demand, full-length concert films, and music documentaries featuring Queen, Pink Floyd, The Doors, Lady Gaga, Metallica, Nirvana, Tiësto, The Rolling Stones, Paul McCartney, Beyoncé, Bob Marley, Linkin Park, Santana, Metallica, Bon Jovi, Imagine Dragons, Gary Clark Jr. and thousands more. For more information: www.qello.com.

As we countdown to KAABOO:

Get in the KAABOO mood by heading to Stingray Qello to watch on demand concerts by many of the artists performing at this year’s event, including Imagine Dragons, Katy Perry, Earth, Wind & Fire, Slash, Alice in Chains, Stone Temple Pilots, The Wailers and many more.

Start a 7-day free trial to access the complete Stingray Qello concert catalog: qello.com

For more information on Stingray Qello, please contact:
Mathieu Péloquin
Senior Vice-President, Marketing and Communications
Stingray
1 514-664-1244, ext. 2362
mpeloquin@stingray.com

For more information on KAABOO, please contact:
Mason Jar Media
For KAABOO brand media inquiries
Crissa Requate (crissa@masonjarmedia.com)

For radio inquiries, contact Lisa Pohl (lisa@masonjarmedia.com)

The Plum Guide Launches in Four New Cities; New York, LA, Rome and Milan

Nasdaq Globewire - Thu, 13/09/2018 - 21:16

Celebrates with Audio Tours Revealing Unique Stories Behind its Exceptional Vacation Homes

New York, NY, Sept. 13, 2018 (GLOBE NEWSWIRE) --
London-born vacation rental start-up, The Plum Guide – a collection of the world’s best homes – has launched in four new markets: New York City, Los Angeles, Rome & Milan.

To celebrate the expansion, the company is showcasing some of its most unique vacation properties via immersive and experiential audio tours, turning them into gallery exhibits and walking guests through their rich history, art & design concepts and giving them an inside track on their exciting neighborhoods, all of which qualified them for a Plum Guide nomination – the most selective collection of vacation rental homes.

The Plum Guide will debut museum-quality audio tours for homes in each of the four new cities, including a massive Greenwich Village loft teeming with music and art history located just above the iconic site of Gerde’s Folk City and The Village Underground; a storied Los Angeles villa where the iconic film Frankenstein was shot; a rare antiquity-filled Roman apartment with sweeping terrace views of the Colosseum and Presidential Palace and a chic 5-story condo in Milan’s design district with high design & tech concepts and links to one of Italy’s most celebrated poets.

The Plum Guide has partnered with leading design critic and Editor-in-Chief of Design Milk, Jaime Derringer, to lend her voice for the gallery-inspired audio tours and to unwrap the stories hidden within The Plum Guide’s highly curated selection of lofts, villas, mini-mansions and chic apartments. The custom audio tours highlight the some of the many criteria considered by The Plum Guide's expert home critics, as well as the thoughtful touches by hosts behind some of the world's best homes. Listeners can find the tours via iTunes and Spotify.

“We choose each new market just as carefully as we select every home that makes it onto The Plum Guide,” said founder Doron Meyassed. “These cities are known for their rich culture and creative arts scenes, as well as their soulful & diverse neighborhoods. We don't think there's a better way to showcase the incredible new homes we're adding to the collection than by borrowing the gallery audio tour concept to illuminate how truly special they are.”


About The Plum Guide:

Founded in the U.K. in 2016, The Plum Guide has since expanded to Paris, and now New York, Los Angeles, Milan and Rome. Solving for the lack of objective quality control and choice overload in the homestay market, The Plum Guide separates the good from the great in the vacation rental category via their proprietary “Perfect Stay Test”, the world’s most exhaustive home test. Powered by Plum's Science Behind the Perfect Stay research, their 150+ point test leverages an innovative combination of big data and expert human curation to select its definitive collection of the world's best homes. As the world's first independent expert arbiter of quality in the homestay space, The Plum Guide is to vacation rentals what the Michelin Guide is to restaurants.

The Science Behind the Perfect Stay is a continually-evolving body of knowledge developed by analyzing thousands of customer reviews and gathering insights from psychologists, designers, hoteliers, travelers and architects on the precise ingredients a space needs to deliver a perfect stay. This knowledge informs the criteria in a test so rigorous that only 1 in every 100 homes is selected to be part of The Plum Guide’s collection.

PLUM STORIES (audio): https://www.plumguide.com/plum-stories

  • New York City: Sitting atop The Village Underground and the former site of Gerde’s Folk City, where legends like Bob Dylan got their start, this enormous airy loft has a marvelous music history all its own. These 15 foot ceilings also housed artists like Bud Hopkins, whose paintings hang on the walls, and who, fascinatingly, may be considered the father of the modern alien-abduction conspiracy theory. Current owner Alex Mallory shares stories of how the loft was a gathering place for Village artists in his father’s day, and how he and a friend helped bring indie music back to the Village with their underground rock club, “Less Artists More Condos”, housed right inside this loft.
  • Los Angeles: Tucked into the hills of Los Feliz, Villa Sophia is a historic Tuscan-inspired property from legendary architect Herbert H. Hewitt. Built in 1926 it has a true Hollywood heritage being where James Whale, the visionary director of Frankenstein, developed some of Hollywood’s most enduring films. These days this picturesque villa is a popular location for film, TV, and editorial photo shoots. Hear those tales and more in the story of this sprawling estate and its unique place in the pop culture pantheon.
  • Milan: In a city known for its high design concepts, this home in Milan’s canal district is steps from the Navigli gallery district and near the site of Milan Design Week. Explore the 5-story former industrial space, designed by the famed architectural firm of Roberto Piana, with its custom Turkish bath, home theater, unique tech-forward interior design, and a collection of Milanese contemporary art that would be at home hanging in any one of Milan’s cutting edge galleries.
  • Rome: The epitome of Roman taste and classic style. Known for its curated collection of antique furnitures, paintings, beamed and coffered ceilings the owner has created a truly magical atmosphere and sense of place. The home emanates history from each and every furnishing, and its terrace view stretches from the Colosseum to the iconic Presidential Palace.

IMAGES :https://www.dropbox.com/sh/brfblu74pgnuas9/AACcTGfANDLHGX6TR02Nc6wQa?dl=0

CONTACT: David Watsky The Plum Guide 4019523782 david@manifest.nyc

Singing Machine Announces Debut of Studio Featuring Official Auto-Tune

Nasdaq Globewire - Thu, 13/09/2018 - 18:30

Fort Lauderdale, FL, Sept. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- The Singing Machine Company, Inc.  (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke products – today announced the public launch of its new Singing Machine Studio, a game changing all-in-one entertainment system for public performing, listening to music, and of course singing karaoke.

Packed with functionality to resemble a professional recording studio, the Singing Machine Studio is the first karaoke machine ever to feature official Auto-Tune®, the industry’s premier voice pitch correction software, to keep you perfectly in key with any song. The Studio also boasts 14 studio quality vocal effect presets developed by Antares commonly used by recording artists in professional studios. The vocal effects work in real-time and include effects such as reverb, delay, and punch to create an almost unlimited number of vocal effects.

Developed by Antares Audio Technologies, Auto-Tune is widely recognized for having a dramatic influence on popular music. Antares is the worldwide leader in vocal pitch correction software, and the company’s vocal effects are the gold standard for studio recording artists, engineers, and producers worldwide.

Studio inspired design, a dynamic full range high-quality speaker, wireless music streaming via Bluetooth®, and a 25-hour rechargeable battery makes Singing Machine Studio the perfect entertainment system for all indoor and outdoor activities. Additional features and capabilities include:

●       Plays full motion Hi-Def karaoke videos from USB (MP4)

●       An 8” full-range woofer and 3” tweeter for dynamic full-range sound

●       Digital power amplified with over 150 watts dynamic peak power output

●       ARM processor for Auto-Tune® pitch-correction and vocal processing

●       Records vocal performances via the Singing Machine Mic Guy USB (MP3)

●       HDMI output jack to connect to your TV for HD scrolling lyrics

●       Secure resting cradle fits a variety of devices

●       Line-in for external devices

●       Supports two microphones for duets, additional microphone sold separately

What makes the Studio stand out from the competition is our proprietary user interface, which integrates real Auto Tune, allowing users to create their own vocal effects, for endless possibilities.  The interface also allows users to select, search, and create custom karaoke playlists right from a USB.  Users can also use the Singing Machine mobile app to search for, select, and customize karaoke playlists.  

To learn more, visit www.singingmachine.com/studio for more details. 

Availability

Singing Machine Studio is available now at select Sam’s Club and Target locations nationwide and available now on Amazon.com (http://a.co/d/3VUfLN6), Target.com, and Walmart.com. Additionally, Singing Machine Studio will be available at all Dillard’s Department Stores, Fry’s Electronics, P.C. Richards, and Sam Ash stores nationwide this Fall. 

About The Singing Machine

Based in the U.S., Singing Machine® is the North American leader in consumer karaoke products. The first to provide karaoke systems for home entertainment in the United States, the Company sells its products worldwide through major mass merchandisers and on-line retailers. We offer the industry's widest line of at-home karaoke entertainment products, which allow consumers to find a machine that suits their needs and skill level. As the most recognized brand in karaoke, Singing Machine products incorporate the latest technology for singing practice, music listening, entertainment and social sharing. The Singing Machine provides consumers the best warranties in the industry and access to over 13,000 songs for streaming and download.  Singing Machine products are sold through most major retailers in North America and internationally. See www.singingmachine.com for more details.

Forward-Looking Statements

This press release contains forward‑looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward‑looking statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management and include, but are not limited to statements about our financial statements for the fiscal year ended March 31, 2018.  You should review our risk factors in our SEC filings which are incorporated herein by reference.  Such forward‑looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward‑looking statement to reflect events or circumstances after the date of this release.

CONTACT: Investor Relations Contact: Brendan Hopkins (407) 645-5295 investors@singingmachine.com www.singingmachine.com www.singingmachine.com/investors

Synaptics AudioSmart Far-Field Voice Technology Brings Voice Control to Service Provider Set-Top-Boxes for Ultimate TV Experience

Nasdaq Globewire - Thu, 13/09/2018 - 17:30

New Solutions Include Powerful VideoSmart VS-550 SoC w/Built-in FFV for New Smart STBs, and a USB Plug-in Accessory for Existing STBs

IBC 2018 CONFERENCE, AMSTERDAM, Netherlands, and SAN JOSE, Calif., Sept. 13, 2018 (GLOBE NEWSWIRE) -- Synaptics Incorporated (NASDAQ: SYNA), the leading developer of human interface solutions, today announced two new AudioSmart® Far-Field Voice (FFV) solutions for both emerging and legacy set-top-boxes (STBs). For new STBs, Synaptics has fully integrated its AudioSmart FFV capabilities directly into its VideoSmart™ VS-550 multimedia processors, providing unmatched performance and lower bill of materials. For the millions of existing STBs already deployed, users can simply connect via USB a Synaptics-enabled standalone accessory and instantly add a voice assistant to their television services.

Consumer demand for smart speakers to control music and home automation is rapidly growing, and smart home users now expect to be able to naturally use their voice to control their TV experience without having to hunt for a custom remote control. Synaptics’ new AudioSmart FFV and VideoSmart solutions represent a powerful blend of the latest voice, audio and video technologies that enhance capabilities of Android STBs while enabling them to be more space- and cost-efficient. That combination benefits consumers and the television ecosystem including service providers, STB makers, and USB plug-in device makers.

“Through our strategic acquisitions of innovative companies and complementary technologies, Synaptics is leveraging those acquired assets’ synergy to create highly integrated human interface solutions,” said Huibert Verhoeven, senior vice president and general manager, IoT Division, Synaptics. “Our comprehensive portfolio of market-leading voice and video solutions offer service providers a one-stop-shop technology partner that can help enhance their subscription TV services for a compelling consumer TV experience.”

Integrated Voice and Video:
Synaptics’ AudioSmart FFV capabilities are already market-proven in service provider STBs and were previously available only through discrete DSPs such as those deployed with major customers in South Korea. Now Synaptics has designed its SoC with integrated FFV that offers higher performance for enhanced voice processing capabilities. The VideoSmart VS-550 UHD SoC with quad core 15K DMIPs CPU performance and gaming caliber graphics is a market-leading solution for Android TV set-top-boxes and is currently being deployed across several Pay TV operators around the world.

The VS-550 infused with AudioSmart FFV capabilities provides STBs with a single-chip solution with voice features for all major speech-recognition engines, including those from Google and Amazon, as well as service providers’ own proprietary services. That integration also enables multimedia designs with higher performance and more FFV features than before, such as improved echo cancelation; more-powerful noise suppression; a customizable, high-performance voice-trigger solution; and industry-leading voice barge-in technology enabled by full-duplex acoustic echo cancellation which detects the wake-word even when the TV volume is high. Enabling a FFV solution in STBs is especially challenging, when compared to smart speakers, given that the audio playback is coming through TV speakers. The Synaptics solution overcomes this challenge with unique, proprietary technology which is field-proven, having been deployed in STBs for many years using AudioSmart discrete DSPs.

Standalone USB Accessory with FFV:
More than 300 million STBs shipped worldwide in 2017 – a figure expected to reach nearly 360 million units in 2018, according to a report by ResearchAndMarkets.com. While STBs in development can have Synaptics’ new highly integrated VideoSmart SoC with AudioSmart FFV designed-in directly, millions among the installed base of STBs don’t have FFV capabilities. To minimize service provider capital expenditures, Synaptics also offers a solution for ODMs to develop a simple to use plug-in USB accessory that takes advantage of USB ports common in STBs, thus enhancing existing users’ experience with rich FFV features and provides a lower-cost alternative to standalone voice-assistant device.

IBC 2018 Conference:
Please join us at IBC 2018 in Amsterdam, Sept. 14-18, where Synaptics will be showcasing its latest voice and multimedia solutions for the smart home. To make an appointment at IBC, please contact your Synaptics account representative.

About Synaptics:
Synaptics is the pioneer and leader of the human interface revolution, bringing innovative and intuitive user experiences to intelligent devices. Synaptics’ broad portfolio of touch, display, biometrics, voice, audio, and multimedia products is built on the company’s rich R&D, extensive IP and dependable supply chain capabilities. With solutions designed for mobile, PC, smart home, and automotive industries, Synaptics combines ease of use, functionality and aesthetics to enable products that help make our digital lives more productive, secure and enjoyable. (NASDAQ: SYNA) www.synaptics.com.

Join Synaptics on Twitter, LinkedIn, and Facebook, or visit www.synaptics.com.

AudioSmart, VideoSmart, Synaptics, and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.

For further information, please contact:
David Hurd
Synaptics
+1-408-904-2766
david.hurd@synaptics.com

 

DAX Named as Exclusive Distribution and Monetization Partner for America 2.0 Podcast

Nasdaq Globewire - Wed, 12/09/2018 - 22:30

A new serial political drama podcast featuring Laurence Fishburne and Patrick J. Adams will be available for download on iTunes from September 19

NEW YORK, Sept. 12, 2018 (GLOBE NEWSWIRE) -- DAX, the world's largest digital audio advertising platform, created by Global, the UK-based Media & Entertainment group, today announced that it is the exclusive distribution and monetization partner for AMERICA 2.0, a new serial political drama.

Directed by J.S. Mayank (Someday, EMIT) and co-created by J.S. Mayank and David Carlyle (Ethereal Pondering of a Sightless Gaze), the podcast stars Emmy Award-winning and Oscar nominated actor Laurence Fishburne (The Matrix, Blackish) and Patrick J. Adams (Suits).  The podcast’s six episodes, each ranging from 15 – 20 minutes in length, will be available for download on iTunes and other major podcast platforms from September 19.                                                                                                                                                                   
The brand new scripted audio drama is both uplifting and unconventional. The serial is an original podcast from Global, with ADT Security and Geico signed up as its first advertisers. 

AMERICA 2.0 joins hundreds of other podcasts distributed by DAX, the digital audio advertising platform which allows brands to advertise programmatically at scale. Advertisers that run campaigns through DAX have access to sophisticated insights which help brands better understand audiences around the world.          

AMERICA 2.0 tells the story of Seth McGuire (Adams), a first term congressman who happens to be an idealist and profound optimist. Entangled in his first ever controversy, Seth finds himself unable to navigate D.C.’s treachery. His only hope comes from his big idea, which will be revealed in the show’s first episode.

“We’re seeing tremendous growth in the podcast space as more and more people are consuming serials through audio channels,” said Matt Cutair, CEO of DAX US. “AMERICA 2.0 has all of the ingredients to build a loyal following - a timely story with a stellar cast - making it a valuable investment for brands and sponsors looking to connect with audiences in new ways.”

“America needs optimism, and AMERICA 2.0 is a true alternative to much of the heavy content that is being produced in the entertainment space right now,” said Mayank. “Having a distribution partner like DAX, which has access to the largest, most nuanced and sophisticated audience in the US, is critical to the podcast’s success.”

In addition to Fishburne and Adams, the podcast features other high-profile talent, including Shanola Hampton (Shameless), Kate Walsh (Grey’s Anatomy), Ming-Na Wen (Agents of S.H.I.E.L.D.), Autumn Reeser (The OC), Jack Coleman (Heroes), Spencer Garrett (Insecure), Dana Bash (CNN Political Correspondent) and Steven Weber (Ballers).

About DAX:
DAX is the world’s largest digital audio advertising platform giving advertisers access to an audience of 160 million people worldwide.  Publishers with inventory on DAX include SoundCloud, TuneIn, HowStuffWorks, Global’s Capital and Radio X and Bauer Media’s Kiss. DAX is the world’s most sophisticated digital audio advertising platform with unrivalled technical capabilities. DAX teams operate in the UK, US, France and Germany.  DAX was developed and launched by Global, the Media & Entertainment group, in 2014.

About Global:
Global is one of the world’s leading Media & Entertainment groups and Europe’s largest radio company.  With a portfolio of some of the largest and most respected media brands and music events, Global reaches 31 million people every week including 25 million on the radio alone. Global is the second biggest festival company in the UK. The company headquarters is in London’s iconic Leicester Square and Global has more than 1,600 people working at 32 broadcast centers and offices around the UK, the US and in France and Germany.  Ashley Tabor OBE is Founder & Executive President, Stephen Miron is Group CEO, Richard Park is Group Executive Director & Director of Broadcasting and Lord Allen is Chairman.  Tabor created Global in 2007.

www.global.com
@global

Media Contact:
Lee Regal
Lee.regal@digennaro-usa.com
(M) 908-433-5801

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8e857a6e-8cf2-44f7-88c1-0f4bbcfa7dcf

Sennheiser Communications evolves in new set-ups

Nasdaq Globewire - Tue, 11/09/2018 - 16:32

Investor news                                                                             11 September 2018

Sennheiser Communications evolves in new set-ups

Copenhagen/September 11, 2018 – William Demant Holding A/S (William Demant) and Sennheiser electronic GmbH & Co. KG (Sennheiser) see great opportunities lying ahead in all three business segments of Sennheiser Communications A/S (Sennheiser Communications). To be able to fully capture these opportunities, both parties have the wish to dedicate their focus on different business segments with full end-to-end responsibility. Therefore, William Demant and Sennheiser have decided to end their joint venture and let the business segments evolve in different set-ups. While the business segments of Enterprise Solutions and Gaming headsets will evolve as an independent business as part of the William Demant Group, the business segment of Mobile Music headsets will be part of the Sennheiser Consumer business in the future. The separation happens in good faith and the partners intend to continue their cooperation where synergies and opportunities exist.

- The joint venture has been a successful journey for both partners, during which we have collaborated on the development of new technology and have seen an ongoing growth of market shares. All three business segments continue to have tremendous potential for the future, said Daniel Sennheiser, co-CEO at Sennheiser to which Søren Nielsen, President & CEO at William Demant, adds - As the market dynamics have changed during the years and full end-to-end dedication is needed including a focused R&D approach, the time is now right to continue - each of us - in our own focused directions.

For more than 15 years, the joint venture Sennheiser Communications, a 50/50 split ownership between Sennheiser and William Demant, has successfully developed and promoted Sennheiser branded portfolios of Enterprise Solutions, Gaming and Mobile Music headsets. The end of the joint venture formally implies a cash free split of ownership structure.

The separation is planned for January 1, 2020. Until then, the company Sennheiser Communications will continue its business while Sennheiser and William Demant will prepare the separation in close partnership in order to ensure a seamless and smooth transition for employees, customers, suppliers and partners.

Going forward, William Demant will take over the business segments of Enterprise Solutions (CC&O) and Gaming including the distribution, which has been with Sennheiser until now. The new entity under William Demant will continue the license agreement with the Sennheiser brand for the Enterprise Solutions and Gaming portfolios. Throughout 2018 and 2019, profit sharing of Sennheiser Communications between Sennheiser and William Demant will remain as today.

- For William Demant this clearly shows our strong commitment to support the future growth in the two attractive business segments of Enterprise Solutions and Gaming. It is our intention to take the already existing global distribution set-up to a next level with a dedicated approach and we believe that R&D synergies within our Group will become even stronger going forward with the emerging trend of intelligent audio, low power connectivity and small form factors, said President & CEO Søren Nielsen, William Demant.

For Sennheiser, the integration of the mobile music business segment is a further consequent step in focusing on its core competencies and fostering its independency as a family-owned company.

- Sennheiser will further tap into the growing market of mobile music headsets with a clear focus on innovative “Smart & Connected” audio experiences. Our Consumer Division will become even stronger as all necessary competencies will be concentrated here. Within our Professional Division, the Business Communications segment – alongside wireless microphone technology – will continue to be a stronghold with attractive growth potentials ahead. The 3D audio technology AMBEO will also remain a crucial part in developing our future product portfolio within both the Consumer and the Professional Division, said Dr. Andreas Sennheiser, co-CEO at Sennheiser.

Current President of Sennheiser Communications Jeppe Dalberg-Larsen will continue to spearhead Sennheiser Communications during the transition period and William Demant’s new company after the separation:

- At Sennheiser Communications we have managed to build a global business having some of the finest people in the sound industry, with amazing double-digit growth rates year after year. I look forward to spearheading this continuation of passion for sound excellence in our new set-up. We see great potential in the market and with William Demant’s willingness to support our endeavours we will be equipped to accelerate growth, take on new markets and act more agile as an independent company. The strong R&D backbone will continue to fuel our innovation and thus enable us to bring strong premium audio concepts to the market, said Jeppe Dalberg-Larsen.

About William Demant
Listed on Nasdaq Copenhagen as part of the Danish Blue chip index, the C25 index, William Demant is a leading global company that develops, manufactures and sells hearing instruments, hearing implants, diagnostic instruments and personal communication devices. William Demant Invest, wholly owned by the Oticon Foundation, holds the majority of shares in William Demant Holding. The Group operates in a global market with companies in more than 30 countries, has a total staff exceeding 13,000 and generates annual revenues of more than DKK 13 billion.

About Sennheiser
Shaping the future of audio and creating unique sound experiences for customers – this aim unites Sennheiser employees and partners worldwide. Founded in 1945, Sennheiser is one of the world’s leading manufacturers of headphones, microphones and wireless transmission systems. With 21 sales subsidiaries and long-established trading partners, the company is active in more than 50 countries and operates its own production facilities in Germany, Ireland, Romania and the USA. Since 2013, Sennheiser has been managed by Daniel Sennheiser and Dr. Andreas Sennheiser, the third generation of the family to run the company. In 2017, the Sennheiser Group generated turnover totaling 667.7 million.

About Sennheiser Communications
Sennheiser Communications is a joint venture between the Danish company William Demant and the German company Sennheiser. Based in Copenhagen, the joint venture specializes in telecommunication products for call centers, office applications and environments as well as headsets for gaming and mobile devices. Sennheiser Communications excels in state-of-the-art technologies and outstanding customer service and markets them worldwide. The joint venture draws on the experience of two companies that are both global technology leaders in their respective sectors.

* * * * * * *

For further information please contact:

Trine Kromann-Mikkelsen
VP Corporate Communication
William Demant
+45 23 968 968
trkr@demant.com

Søren Holm Printz
Investor Relations
William Demant
+45 51 176 863
sopr@demant.com

Mareike Oer
Corporate Communications
Sennheiser electronic GmbH & Co. KG
+49 5130 600 1719
mareike.oer@sennheiser.com

Bianca Nesgaard
Director of Global Marketing
Sennheiser Communications A/S 
+45 3124 26 22
bnes@senncom.com

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