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Stingray Business Enters the European Market with the Acquisition of DJ-Matic

Fri, 12/10/2018 - 15:30

Stingray Business gains commercial clients in 10,000 locations across Belgium, the Netherlands, Germany, and Denmark

MONTREAL, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Stingray Digital Group Inc. (“Stingray”) (TSX: RAY.A; RAY.B) today announced that it has acquired DJ-Matic, a provider of in-store media solutions (music, video, digital signage) for businesses with clients in Belgium, the Netherlands, Germany, and Denmark.

Launched in 2000, DJ-Matic serves clients in a range of industries including bars and pubs, retail stores, restaurants, hotels, and fitness centers.

This strategic acquisition supports Stingray’s business plan and growth strategy by giving Stingray Business a solid foothold in Europe and a share in the local demand for entertainment services that are specially curated and licensed for commercial use.

Stingray Business, already a leader in the Canadian background music market with clients in 78,000 locations, has been on a growth streak in the past year. In the last twelve months, Stingray Business signed its largest contract to date with Mexico’s Farmacias del Ahorro, entered the Australian market with the acquisitions of SBA Music and SMA Entertainment, and acquired Novramedia, a Toronto-based leader in the design, development, and implementation of digital media solutions.

By joining forces with DJ-Matic, Stingray Business adds 10,000 locations to the count and acquires +25 years of experience in the European Entertainment and Music industry.

Under the terms of the agreement, Stingray will fully own and operate DJ-Matic with the continued direction of the company’s current leadership team.

Quotes:

“Stingray has been present in Europe for close to a decade and has established a solid reputation as a provider of music and video services for pay TV providers such as Orange, Free, Telenet, and Proximus,” explained Eric Boyko, President, Co-founder, and CEO of Stingray. ”The acquisition of DJ-Matic adds an important building block to our commercial offering and will be at the core of our European expansion strategy. I look forward to developing a new client base that will benefit from the expertise we have accrued with businesses in Canada, Mexico, and Australia. I am confident that with the continued support of DJ-Matic’s leadership, we will establish Stingray Business as the go-to background music provider across the continent.”

“Joining the Stingray family is a great step forward for DJ-Matic,” said Kris Gryspeert, Managing Director of DJ-Matic. “Stingray’s proven expertise combined with our know-how and client base bode very well for the future. Our shared mission of providing commercial clients with turnkey entertainment solutions and drive to improve the customer experience in any setting make this joining of forces a perfect match.”

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. Stingray’s services include audio television channels, premium television channels, 4K UHD television channels, karaoke products, digital signage, in-store music, music apps, and more. Geared towards individuals and businesses alike, 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.

Forward-Looking Information
This news release may contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information includes information with respect to Stingray’s goals, beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking information is identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, and “continue”, or the negative of these terms and similar terminology, including references to assumptions. Please note, however, that not all forward-looking information contains these terms and phrases. Forward-looking information is based upon a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Stingray’s control. These risks and uncertainties could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk factors identified in Stingray’s Annual Information Form (AIF) dated June 7, 2018, which is available on SEDAR at www.sedar.com. Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that Stingray anticipates will be realized or, even if substantially realized, that they will have the expected consequences or effects on Stingray’s business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein is provided as of the date hereof, and Stingray does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

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

ROHM Expands Its D/A Converter Product Line-up for High-Fidelity Audio

Thu, 11/10/2018 - 20:30

Kyoto and Santa Clara, Calif., Oct. 11, 2018 (GLOBE NEWSWIRE) -- ROHM has launched a new branding “MUS-IC” reflecting ROHM’s focus on solutions for high-fidelity audio products.
This branding covers a range of D/A converter ICs (DAC ICs), optimized for high-fidelity reproduction, and power supply products.

The increased adoption of high-resolution audio sources has lately strengthened the demand for audio equipment that can deliver an appropriate sound quality. Audio DAC chips, which convert high-resolution digital audio data to analog without degrading the original sound source, are one of the most important components for determining the quality in audio equipment.

ROHM has state of the art D/A converter technologies that are optimized for high-fidelity reproduction of high-resolution sound sources. These DAC chips, which deliver class-leading low noise and low distortion (S/N ratio and THD+N characteristics) as demanded by top audio equipment manufacturers, have been optimized for sound quality through repeated listening tests and laboratory measurements.

Leveraging 50 years of expertise in developing audio ICs allowed ROHM to establish ‘sound quality design technology’ capabilities for high-fidelity audio reproduction that is close to the original sound source and thereby offer products designed with an emphasis on sound quality; including sound processors and power supply ICs. In May 2018 ROHM unveiled an initial development sample of a DAC chip at the international Hi-Fi Audio show held in Munich, Germany where it received recognition from top audio equipment manufacturers who expressed a keen interest in its adoption once it is commercialized.

In addition to this DAC chip, ROHM also offers a product portfolio of power supply ICs (BD372xx series) and sound processors (BD3470x series, BD34602FS-M). All products optimized for high fidelity audio applications are listed under its new audio device brand ROHM Musical Device “MUS-IC.”

“We have developed this product range by combining our sound quality design technology with the corporate mission of ’Quality first‘, and our vertically integrated manufacturing. We are also implementing activities that contribute to the dissemination and development of music culture with the ROHM Music Foundation.”, said Naruhiro Okamoto, Manager of the Audio Development Department at ROHM. “The team of experienced engineers has developed the ultimate IC solution which is perfectly represented by the new audio device brand ’MUS-IC’.”

ROHM Musical Device “MUS-IC” Web Page can be found at here.

Going forward, ROHM will strive to become a total-solution provider of audio components that will contribute to the development and progress of music culture with faithful music reproduction and all under the ROHM Musical Device “MUS-IC” brand.


Initiatives for the Audio Market
1970s:  Started offering audio ICs for analog audio
1980s/1990s:  Provided products combining analog and digital technologies for digital audio
2000s:  Developed multimedia and multifunctional products for compressed audio
2012:  Implemented activities to achieve ‘sound quality design technology’
2015:  Established ‘sound quality design technology’ that ensured high-fidelity by optimizing 28 parameters related to sound quality
October 2016:  Released the BD3470xKS2 series of high-fidelity sound processors for home audio that leveraged proprietary sound quality design technology
2016:  Began development of power supply ICs for high-fidelity audio
2016:  Started development of DAC chips for high-fidelity audio
February 2017:  Introduced the BD34602FS-M series of high-fidelity sound processors for car audio
February 2017:  Released the BM94803AEKU audio SoC that supports high-resolution audio sources
March 2018:  Offered the industry’s first power supply ICs for Hi-Fi audio applications (BD372xx series)
May 2018:  Showcased the DAC chip at international Hi-Fi audio exhibitions HIGH END and hifideluxe Munich


Terminology
High-resolution Audio Source
General CD quality audio sources are played back at a sampling frequency of 44.1kHz and 16bit quantization bit rate, but with high-resolution audio sources sampling frequencies 96kHz or more and 24bit quantization are common. In other words, the amount of information contained in high-resolution audio sources is much greater, resulting in higher quality audio.

Hi-Fi (High Fidelity) Audio
Refers to the faithful (high quality) reproduction of an audio source.


About ROHM Semiconductor
ROHM Semiconductor is an industry leader in system LSI, discrete components and module products, utilizing the latest in semiconductor technology. ROHM's proprietary production system, which includes some of the most advanced automation technology, is a major factor in keeping it at the forefront of the electronic component manufacturing industry. In addition to its development of electronic components, ROHM has also developed its own production system so that it can focus on specific aspects of customized product development. ROHM employs highly skilled engineers with expertise in all aspects of design, development and production. This allows ROHM the flexibility to take on a wide range of applications and projects and the capability to serve valuable clients in the automotive, telecommunication and computer sectors, as well as consumer OEMs.

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CONTACT: Jayme Pontious ROHM Semiconductor jpontious@rohmsemiconductor.com

Dolby Laboratories Founder Honored for Innovation at the Gateway to American Culture and Future Entertainment Exhibition at Smithsonian

Thu, 11/10/2018 - 18:00

The “Ray Dolby Gateway to American Culture” Opens Oct. 19 at the National Museum of American History

WASHINGTON, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Visitors to the Smithsonian’s National Museum of American History will explore American history through culture, entertainment and the arts beginning Oct. 19 in the “Ray Dolby Gateway to Culture” which will focus on music and sound with a preview of the themes and objects in a 2020 major exhibition. “Entertaining America,” in the “Ray and Dagmar Dolby Hall of American Culture.”

The “Ray Dolby Gateway to Culture” brings visitors into a series of installations centered on sound, stage, stadium and screen, including the Ruby Slippers, which return to view after an 18-month conservation. The first display is “America’s Listening” which focuses on the public’s experience with recorded sound, including five of the innovations that kept them listening: Thomas Edison’s phonograph, Alexander Graham Bell’s graphophone, Emile Berliner’s gramophone, Ray Dolby’s noise reduction system, and Apple’s iPod.  This leads to the Culture Wing’s landmark object — a 14-foot stained-glass window from one of four windows that graced the tower of the Victor Company’s headquarters in Camden, New Jersey. It features what became the RCA company’s iconic trademark image of a dog “Nipper” listening to his master’s recorded voice.
     
In the center of the installations on the museum’s culture floor will be the Nicholas F. and Eugenia Taubman Hall of Music with side-lobby displays highlighting the museum’s jazz and classical instrument collections. Outside the music hall, will be two cases highlighting new entertainment-related additions to the arts and culture collections. A 1923 Yankee Stadium ticket booth will highlight baseball as one of the country’s favorite pastimes. Two screens will explore America through the virtual landscapes depicted in popular video games and this space will feature a seating area with charging stations. A vivid mural commissioned by the museum from the Washington, D.C. studio of No Kings Collective brings creativity, color and patterns to illustrate the concept of American culture.

The Ruby Slippers will be in a separate gallery within a state-of-the-art display case. The October opening will feature two additional artifacts related to the popular 1939 film, “The Wizard of Oz.” 

“Entertainment provides a lens through which our visitors can better understand history and we are grateful to Dolby for making this gift and enabling us to share these popular artifacts with millions of people,” said Sue Fruchter Interim Director, National Museum of American History. “The power of culture will help our audiences discover a range of new and unexpected ways by which we can all engage in, improve and expand the promise of our democracy.”

“Ray’s story is the epitome of the American Dream,” said Dagmar Dolby, wife of Dolby Laboratories founder Ray Dolby. “After returning from military service he followed with college and began on a path to make entertainment look and sound more lifelike. His boundless curiosity made him a tremendously successful inventor and he would be thrilled to have some of his work showcased with Bell, Edison, Berliner, and Jobs.”

“Ray set the tone for multigenerational innovation in music, television, and film that has continued for more than five decades,” said Andy Sherman, EVP and General Counsel at Dolby Laboratories. “His legacy lives on through the immersive entertainment experiences that Dolby creates for the eyes and ears throughout the world and the inventor’s DNA that remains at the core of everything we do.”

 “Entertaining America,” scheduled to open in late 2020, is a major exhibition that will explore American history through the longstanding power of entertainment and will examine the deep and enduring influence of our nation's entertainment. The nearly 7,000-square-foot exhibition will examine how entertainment brings Americans together, shapes us and provides a forum for important national conversations about politics, society, culture and what it means to be an American. The exhibition will focus on the culture makers who broke barriers, changed our American sound and transformed sports, movies, theater, television—and the national audience. In an immersive introductory experience, the simply stated key message, “Americans Love Entertainment,” will be reinforced with exciting media elements to show why entertainment matters.

The “Ray Dolby Gateway to Culture” leading to the newly named Ray and Dagmar Dolby Hall of American Culture where the “Entertaining America” exhibition will be located was made possible in part by a $5 million contribution from the Dolby family. Renovations to the 270 seat Warner Bros. Theater, at the main entrance of the Smithsonian’s National Museum of American History, is scheduled to be completed in 2020 utilizing in-kind contributions from Dolby Laboratories to create a modern cinema to ensure a truly immersive audio and visual experience.

About Dolby Laboratories
Dolby Laboratories (NYSE: DLB) is based in San Francisco with offices in over 20 countries around the globe. Dolby transforms the science of sight and sound into spectacular experiences. Through innovative research and engineering, we create breakthrough experiences for billions of people worldwide through a collaborative ecosystem spanning artists, businesses, and consumers. The experiences people have – in Dolby Vision, Dolby Atmos, Dolby Cinema, Dolby Voice, and Dolby Audio – revolutionize entertainment and communications at the cinema, on the go, in the home, and at work.

Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. DLB-G

About the Smithsonian’s National Museum of American History
Through incomparable collections, rigorous research and dynamic public outreach, the National Museum of American History explores the infinite richness and complexity of American history. It helps people understand the past in order to make sense of the present and shape a more humane future. The museum is located on Constitution Avenue N.W., between 12th and 14th Streets, and is open daily from 10 a.m. to 5:30 p.m. (closed Dec. 25). Admission is free. For more information, visit http://americanhistory.si.edu. For Smithsonian information, the public may call (202) 633-1000.

Media only:Melinda Machado (202) 633-3129; machadom@si.edu                                                                                                                                              Laura Duff (202) 633-3129; duffl@si.edu     Media website: http://newsdesk.si.edu 

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6ea346c4-495f-4170-82cb-2f8293570617

Stingray to Release its Financial Results for the Second Quarter of Fiscal 2019

Wed, 10/10/2018 - 16:30

MONTREAL, Oct. 10, 2018 (GLOBE NEWSWIRE) -- Stingray Digital Group Inc. (TSX: RAY.A; RAY.B) will release its financial results for the second quarter ended September 30, 2018, on Thursday, November 8, 2018, before the market opens.  Management will hold a conference call to discuss the financial results the same day at 10:00 a.m. Eastern Time. 

Details of the Conference Call

Via the internet at www.stingray.com

Via telephone: (877) 223-4471 or (647) 788-4922

Conference Call Rebroadcast

A rebroadcast of the conference call will be available until midnight, December 7, 2018, by dialing (800) 585-8367 or (416) 621-4642 and entering passcode 2071249.

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.

Contact information:

Mathieu Peloquin
Senior Vice-President, Marketing and Communications
Stingray Digital Group Inc.
(514) 664-1244, ext. 2362
mpeloquin@stingray.com

NEP Group Acquires SIS LIVE

Tue, 09/10/2018 - 20:42

LONDON, Oct. 09, 2018 (GLOBE NEWSWIRE) -- NEP Group, a worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment, announced today its acquisition of SIS LIVE Limited, a leading provider of connectivity services and a subsidiary of UK-based Sports Information Services (“SIS”). The acquisition complements NEP’s Broadcast Services and Media Solutions businesses, strengthening the company’s support of live sports, broadcast and entertainment clients across the UK, Europe and worldwide. The addition is also consistent with NEP’s stated strategy to grow its Media Solutions segment, and connectivity capabilities are critical to NEP delivering a full suite of managed services that enable NEP’s clients to make, manage and show the world their content.

“We are excited to bring the wealth of knowledge of SIS LIVE’s leadership team and the company’s talented staff into the NEP Worldwide Network,” said Stephen Jenkins, President of NEP UK & Ireland. “With SIS LIVE, NEP will be able to offer additional and enhanced connectivity capabilities critical to delivering the best managed service and solutions to our clients. And, it’s a great fit culturally for both of our companies. A win for clients and our teams all around.”

With two dedicated network operations centres providing 24/7 service monitoring and management, 17 antennas across two geographically diverse teleports, over 150 connected venues, a large fibre and satellite hybrid fleet and fully managed services offerings, SIS LIVE is a leading provider of global critical connectivity services delivering content to millions of viewers worldwide. Their core Anylive® fibre network has over 150 access points at major sporting venues, entertainment complexes and other connectivity centres supporting clients such as BBC, ITV, ITN, Sky Sports, SIS, ARC, TRP and Tata.

Following a short transition period, SIS LIVE will become NEP Connect, which will serve clients globally as part of the NEP Worldwide Network and go to market under the NEP brand. SIS LIVE’s current leadership team will continue to run the business under the direction of David Meynell, Managing Director, who will report into the NEP UK & Ireland division.

“We have worked with NEP for a number of years and have been impressed by their technical innovation and consistent, superior service to their clients,” said David Meynell, Managing Director of SIS LIVE. “I’m extremely proud of all we’ve accomplished at SIS LIVE and pleased that combining talents and resources with a company like NEP will take our business to the next level.”

SIS CEO Richard Ames added: “It was immediately apparent during the sale process that NEP Group has significant opportunity to grow its Media Solutions segment, and SIS LIVE has the infrastructure, people and services that support that strategic objective. We look forward to continuing to work with SIS LIVE as a long-term supply partner.”

To learn more about NEP and its solutions, visit https://www.nepgroup.com. To learn more about SIS LIVE’s connectivity services, visit https://www.sislive.tv.

###

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 operations in 24 countries, including significant operations in the UK and Ireland. Learn more at nepgroup.com.

About SIS LIVE
SIS LIVE has been delivering critical media content since 1989. The company’s rapidly growing international fibre network, Anylive® connects over 150 locations including broadcasters, major switching centres, channel aggregators, sports and entertainment venues.  SIS LIVE operates two Network Operation Centres located in the UK, collocated with SIS LIVE teleports which supply extensive satellite facilities to complete the connectivity offering.  The company provides a full range of broadcast services from UHD to low bit rate streaming with data and audio transmission services also available.  This comprehensive fibre and satellite infrastructure forms a cohesive and robust portfolio, broadcasting over 200 hours of live transmissions worldwide every day supporting multiple contracted and occasional use events.

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CONTACT: Susan Matis NEP Group +1 412-334-0012 press@nepgroup.com Kayte Burns NEP UK +44 1344 356751 kburns@nepgroup.com

Findit, Inc. Owner of Findit.com, Revamps Right Now Feed, Breaks Into Top 100,000 Sites in the World Based on Alexa Traffic Ranking

Tue, 09/10/2018 - 17:30

ATLANTA, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Findit, Inc. (OTC Pink: FDIT), owner of Findit.com, has improved its Alexa Ranking, breaking into the top 100,000 sites in the world based on Alexa Traffic Ranking.  The current Global Alexa Ranking for Findit.com is now 96,380 with a United States Rank of 24,387 as of October 7, 2018. 

Since the revamp of the Right Now feed, Findit has seen a steady improvement to its Alexa Traffic Ranking. Alexa is owned by Amazon (AMZN).

The improvement in Findit.com's ranking can be contributed to several factors, one such factor is the newly revamped Right Now status update feed. This feed allows visitors to view posts from members on Findit and share them to other social networking sites and allows members to share the content they have created on Findit, such as their Right Now posts, to their very own social networking accounts. 

Right Now posts on Findit are unique when compared to posts on Twitter, Facebook, LinkedIn and Instagram. What makes a Findit Right Now post unique is in one single post the following pieces of content can be included: unlimited word count, pictures, video, an audio or music file, a link to another web page and a press release that has been submitted through Findit. 

As a result of having the option to include this vast amount of content verticals, each post can be incredibly relevant when Google crawls the Right Now page increasing the likelihood of a post getting indexed higher in search results. In addition to what you can include in a post, unlike Facebook, Twitter, LinkedIn and Google +, you can share your Findit Right Now posts to each of them but they do not allow you to share the posts done in their social accounts to each of the others. 

Findit also revamped the Audio/Music section along with a new layout for Real Estate Listings that is active in members accounts' that have properties for sale or for rent. Since the new design, Findit has seen a steady improvement to its Alexa Ranking. 

Clark St. Amant of Findit stated, "As more people become aware of Findit and recognize that Findit provides every member a true starting point to build their brand when they create relevant posts that Google, Yahoo and Bing can index and that can be shared to other social networking accounts either by the creator of the post or visitor to Findit, we are hopeful we will continue to see our ranking improve." 

Findit is focused on continuing to improve its platform, making it a place that anyone who wants to have more control over the content they want seen on the web, indexed in search engines and shared to other social networking sites will join. Findit is for everyone: an individual, a business, churches, schools, sports teams, clubs and politicians. 

Peter Tosto, Marketing Director of Findit stated, "Once a member experiences first hand a post that they create and share to their other social networking accounts and see it indexing in search engines, they become a believer. Findit does what it has been set up to do - provide members with social media content management platform."    

Download the Findit Right Now App 

Google Play

Apple 

About Findit, Inc.

Findit, Inc., owns Findit.com which is a Social Media Content Management Platform that provides an interactive search engine for all content posted in Findit to appear in Findit search. The site is an open platform that provides access to Google, Yahoo, Bing and other search engines access to its content posted to Findit so it can be indexed in these search engines as well. Findit provides Members the ability to post, share and manage their content. Once they have posted in Findit, we ensure the content gets indexed in Findit Search results. Findit provides an option for anyone to submit URLs that they want indexed in Findit search result, along with posting status updates through Findit Right Now. Status Updates posted in Findit can be crawled by outside search engines which can result in additional organic indexing. All posts on Findit can be shared to other social and bookmarking sites by members and non-members. Findit provides Real Estate Agents the ability to create their own Findit Site where they can pull in their listing and others through their IDX account. Findit offers News and Press Release Distribution. Findit, Inc., is focused on the development of monetized Internet-based web products that can provide an increased brand awareness of our members. Findit, Inc., trades under the stock symbol FDIT on the OTCPinksheets.

Safe Harbor:

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Findit, Inc. to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Findit, Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.

Contact:

Peter Tosto

Phone 404 443 3224

Transactions in relation to share buyback program

Tue, 09/10/2018 - 13:18

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 October 2, 2018 – October 8, 2018:

 No. of sharesAverage purchase price, DKKTransaction Value, DKK  October 2, 201810,793312.403,371,754  October 3, 201816,500310.915,130,027  October 4, 201832,707297.099,716,965  October 5, 20188,000296.562,372,482  October 8, 201820,958271.235,684,531Accumulated under the program1,822,652281.65513,341,892

Following the above transactions GN holds a total of 12,564,506 own shares corresponding to a nominal value of DKK 50,258,024 and 8.6% 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.

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Music Composing Software Market to Hit $242.1 Million Value by 2023: P&S Intelligence

Tue, 09/10/2018 - 12:21

Music Composing Software Market by Instrument Simulation (Piano, Pipe Organ, Guitar, Full Orchestra, Drums & Percussions), by Operating System (Windows, MAC, iOS, Android, Linux, BSD), by Deployment (On-premises, Cloud), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, China, Japan, South Korea, Australia, India, Mexico, Brazil, Turkey) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

NEW YORK, Oct. 09, 2018 (GLOBE NEWSWIRE) -- According to the market research report published by P&S Intelligence, global music composing software market is expected to reach $242.1 million by 2023, growing media and entertainment industry, and rising inclination towards music composing applications are the key factors driving the growth of the market.

Request to get the sample pages: https://www.psmarketresearch.com/market-analysis/music-composing-software-market/report-sample

In terms of instrument simulation, the music composing software market is categorized into guitar, piano, full orchestra, drums and percussions, and pipe organ. Out of these, guitar simulation accounted for 42% revenue share in 2017, followed by piano and others. The largest share held by guitar simulation category is mainly attributed to the increasing number of guitarists, globally. Furthermore, the regional markets, such as North America and Europe are largely dominated by guitarists including acoustic guitarist, electric lead, and bass guitarists, which further support the market demand for guitar simulation software.

Based on operating system (OS), the music composing software market is categorized into MAC, Windows, iOS, Android, Linux, and Berkeley Software Distribution (BSD). Out of these, MAC OS is largely preferred by end users, predominantly due to large use of MAC OS based laptops and desktops by music schools, individuals, and studios. MAC OS accounted over 50% share in the global market, in 2017.

Browse report overview with 51 tables and 39 figures spread through 106 pages and detailed TOC on "Music Composing Software Market by Instrument Simulation (Piano, Pipe Organ, Guitar, Full Orchestra, Drums & Percussions), by Operating System (Windows, MAC, iOS, Android, Linux, BSD), by Deployment (On-premises, Cloud), by Geography (U.S., Canada, France, Germany, U.K., Italy, Spain, China, Japan, South Korea, Australia, India, Mexico, Brazil, Turkey) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023" at: https://www.psmarketresearch.com/market-analysis/music-composing-software-market

During the forecast period, the music composing software market is projected to witness the fastest growth in APAC, at a CAGR of 25.8%. This can be attributed to growing media and entertainment industry in the developing economies in the region, predominantly, in Australia, Japan, South Korea, China, and India; and rising number of live music concerts. Moreover, various music associations in the region, including Japanese Society of Rights of Authors, Composers, and Publishers (JSRACP); and Music Composer Association of India (MCAI) are taking initiatives to increase awareness about the different music composing software through conferences, live music concerts, and music summits.

Globally, the media and entertainment industry has been witnessing transformational growth in recent years. Factors such as multiple software platforms, digitization of instruments, multiple-devices such as laptops and mobile phones, along with technological advancements have remodeled the industry dynamics. This is a notable factor spurring the demand for music composition software in the global market. According to International Trade Administration, the U.S. Department of Commerce, the global media and entertainment market generated $1.9 trillion revenue in 2016.

Make enquiry before placing the order: https://www.psmarketresearch.com/send-enquiry?enquiry-url=music-composing-software-market

Also, with the growing music industry in countries, such as the U.S., the U.K., Germany, Australia, and Canada, the adoption of composing software has been continuously increasing by music schools, musicians, and individuals. Rising number of musicians has also spurred the demand for composing software in these countries.

Supporting music programs by academic institutes is expected to offer growth opportunities to the market players, which can impact the growth of the global music composing software market. Some of the major universities including Princeton University, Harvard University, Berklee College of Music, and Cornell University hold Ivy league status and offer music programs, utilizing music composing software. Thus, incorporation of composing software in these academic institutes offers a lucrative growth opportunity to the market players.

Presently, the market is at niche stage, recording healthy growth rate year-over-year, which has increased the competition among principal existing competitors like MakeMusic Inc., Avid Technology Inc., and Maestro Music Software, acquired majority of the market revenue. Apart from this, the industry is exhibiting large number of companies, primarily from music production. For instance, companies like Steinberg Media Technologies GmbH (one of the leading players in the music production market), recently entered into music composing software industry with “Dorico” brand.

Some of the key players operating in the music composing software market are MakeMusic Inc., Avis Technology Inc., Maestro Music Software, Lugert Verlag GmbH & Co. KG, Notation Software Germany GmbH, PreSonus Audio Electronics Inc., NoteWorthy Software Inc., Passport Music Software LLC, and Sion Software.

More Reports by P&S Intelligence

Audio Class D Amplifier Market - https://www.psmarketresearch.com/market-analysis/audio-class-d-amplifiers-market

Workplace Transformation Market - https://www.psmarketresearch.com/market-analysis/workplace-transformation-market

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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NEP, Leader in Outsourced Production Services, Announces New Partnership with AS Roma as Part of Southern Europe Growth Strategy

Mon, 08/10/2018 - 15:37

ROME, Oct. 08, 2018 (GLOBE NEWSWIRE) -- NEP Italy announced today that it has entered into an agreement with AS Roma, one of the top-ranked professional football clubs and a leader in football/entertainment production, to be its exclusive production partner for all AS Roma home games and all productions of the Club. These additional productions of the Club include Youth League, Under 19 Championship & National Cup and Women’s matches as well as all Roma Studio content.

Further, NEP will become the exclusive managed services provider for AS Roma’s 24-hour playout channel, Roma TV HD, which broadcasts live updates of training sessions, exclusive interviews with players and management, press conferences with the head coach, live Serie A and Champions League pre- and post-match commentary, as well as pre-recorded information, insights and entertainment around the clock.

Founded in 1927, AS Roma, known to its fans as “Roma,” is one of the biggest football teams in Europe. Competing in Serie A, Italy's top division, the Club has won the domestic title three times. Roma’s colours are the famous Giallorosso (Yellow and Red), like the city’s, while playing home games in Rome’s historic Stadio Olimpico.

These two exclusive agreements with AS Roma support NEP’s long-term strategy to grow its presence in the Italian and Southern Europe market. This year, NEP opened its NEP Italy office in May, acquired Telerecord, a leading Italy sports outside broadcast technical provider, in June, and added OB vans equipped with 40 cameras and satellite transmission technology from Rome-based Top Tech Services in July.

“Partnering with AS Roma offers NEP a tremendous opportunity to leverage our football broadcast experience and technology for one of Europe’s premier football clubs,” says Paul Henriksen, President, NEP Europe. “Our agreement with AS Roma continues NEP’s move to become the world’s leading Media Solutions provider, strengthening our relationships and service offering in this very vital geographic market. We hope this further demonstrates the great potential of NEP Italy, and our ability to provide the best resources available to our clients here and around the globe.”

The NEP Italy team can be contacted at scecchini@nepgroup.com or by calling +39 337 112 5959. For more information on NEP Group, 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 operations in 24 countries. Learn more at nepgroup.com.

CONTACT: Susan Matis NEP Group +1 412-334-0012 press@nepgroup.com Sergio Cecchini NEP Italy +39 337 112 5959 scecchini@nepgroup.com

Connekt Collaborates with Sony Electronics Inc. to Bring “Buy Now” Button to Smart TVs

Tue, 02/10/2018 - 18:30

Select Sony Smart TV viewers will be able to use their remote control and mobile device to securely purchase directly from the television

SAN FRANCISCO, Oct. 02, 2018 (GLOBE NEWSWIRE) -- Connekt, an innovative technology company that activates smarter TV experiences audiences’ love, has developed a collaboration with Sony Electronics to enable T-Commerce on select Sony Smart TVs and Blu-ray Disc Players.

Through Connekt’s ShopTV™ application, Sony Smart TV consumers with select TV models will be able to securely purchase products directly from the retailers and brands they love. Fully optimized for the connected home experience, ShopTV offers consumers the ability to purchase thousands of products from hundreds of brands and retailers including Macy’s, Best Buy and Fanatics.

In the initial phase of the collaboration, consumers will be able to shop directly from the ShopTV application available in Sony’s smart TV app store. Sony and Connekt will work together to extend this capability to in-program purchasing, as well as to enable voice-driven commerce when that capability is deployed.

“Sony is committed to bringing value added features to our consumers,” said Nick Colsey, Vice President, Business Development at Sony. “Our collaboration with Connekt allows us to offer owners of select Sony Smart TVs the ability to engage and shop directly from the biggest screen in their home.”

In a recently published report, Connekt’s research demonstrated that over 75% of consumers would buy products directly from their TV if given the opportunity, while over 70% expressed an intent to use their voice to purchase products through the television.

“For decades, Sony has been a technology innovator,” said Mike Fitzsimmons, CEO of Connekt. “We are proud be partnering on this initiative to drive the convergence of Television and Commerce.”

About Connekt
Connekt activates smarter TV experiences audiences’ love. Connekt’s patented, AI-driven platform has powered millions of smart TV ad, content and commerce experiences for partners including LG, Sony, Nielsen, ABC, CBS, Showtime, each of the ad agency holding companies and dozens of top brands, like Chipotle, Eli Lilly, Target and P&G. Connekt's partners use its patented platform-based SaaS solutions to make their TV investments more targeted, engaging, transactable and measurable. Connekt is a private company headquartered in San Francisco with offices in Denver and New York. For more information, visit www.connekt.com.

About Sony Electronics, Inc.
Sony Electronics is a subsidiary of Sony Corporation of America and an affiliate of Sony Corporation (Japan), one of the most comprehensive entertainment companies in the world, with a portfolio that encompasses electronics, music, motion pictures, mobile, gaming and financial services. Headquartered in San Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets. Operations include research and development, engineering, sales, marketing, distribution and customer service. Sony Electronics creates products that innovate and inspire generations, such as the award-winning Alpha Interchangeable Lens Cameras and revolutionary high-resolution audio products. Sony is also a leading manufacturer of end-to-end solutions from 4K professional broadcast and A/V equipment to industry leading 4K Ultra HD TVs. Visit http://www.sony.com/news for more information.

Media Contact for Connekt:
Shelley Petri
shelley@blastpr.com
678 977 0899

Media Contact for Sony Electronics:
Cheryl Goodman
selpr@sony.com
858 942 4079

Transactions in relation to share buyback program

Tue, 02/10/2018 - 16:36

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 25, 2018 – October 1, 2018:

 No. of sharesAverage purchase price, DKKTransaction Value, DKK  September 25, 201800.000  September 26, 201814,000316.804,435,245  September 27, 201800.000  September 28, 20185,530314.661,740,082  October 1, 20185,950312.191,857,524Accumulated under the program1,733,694280.94487,066,133

Following the above transactions GN holds a total of 12,475,548 own shares corresponding to a nominal value of DKK 49,902,192 and 8.6% 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

NEP Group Acquires Fletcher Group, LLC

Mon, 01/10/2018 - 20:18

CHICAGO, Oct. 01, 2018 (GLOBE NEWSWIRE) -- NEP Group, a worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment, announced today its acquisition of Fletcher Group, LLC (“Fletcher”), a Chicago-area company that provides the highest-end specialty ultra-slow motion and robotic camera systems. Fletcher has been in business for nearly 30 years and has delivered innovative angles for thousands of high profile events. The addition of Fletcher is consistent with NEP’s stated strategy to become the worldwide leader in Broadcast Services, and “camera capture,” both traditional and robotic, is an important part of the broadcast value chain.

Founded in 1987 and based in Burr Ridge, IL, Fletcher has served “A” games for the NFL, NBA, MLB and NHL and other major sporting events in the US, as well as for highly anticipated political and entertainment events such as presidential debates and the Oscars Red Carpet. The company also serves the international sports broadcast market via its US and London offices.

“We’re excited to bring the innovative specialty cameras and talent of Fletcher’s staff into the NEP Worldwide Network,” said Mike Werteen, Global President, NEP Broadcast Services. “We’ve partnered with Fletcher on several events, so we know first-hand the quality of their work and shared commitment to delivering superior service. Through this acquisition, our clients now have access to cutting-edge ultra-slow motion and robotic camera technology and expertise along with NEP’s variety of broadcast services.”

Among their many solutions, Fletcher offers an AI-based proprietary, patent-pending auto-follow camera system designed to follow and record the movement of players. In partnership with NEP, the Fletcher Tr-ACE system was recently implemented on seven courts at Wimbledon. Fletcher also provided the technology for nine courts at the US Open to track players’ movements during matches on the outer courts. In addition, Fletcher invented several innovative proprietary camera angles now commonly seen by audiences worldwide: shots from “above the rim” on top of basketball backboards, in-net cameras for hockey and rail cams in front of press tables.

“NEP’s dedication to technical innovation and client service is impressive,” said Dan Grainge, President of Fletcher. “I’m proud of all we’ve accomplished at Fletcher and know that combining our talents and technology with an industry leader like NEP will take our business to the next level. It’s a great fit for us and a strong benefit to be able to add NEP’s broadcast services, media solutions and live event support for our clients.”

The Fletcher brand will remain, with Fletcher supporting NEP and its clients across the globe. Dan Grainge will continue to lead the Fletcher team and will report to Mike Werteen, Global President of NEP Broadcast Services.

To learn more about NEP’s full range of broadcast, live event and media solutions, visit https://www.nepgroup.com. Visit http://www.fletch.com to learn more about Fletcher.

###

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 operations in 24 countries. Learn more at nepgroup.com.

About Fletcher Group
For nearly 30 years, Fletcher Group, has partnered with top broadcasters to enhance viewer experiences for audiences of the most-watched sporting events in the U.S. and around the world.  Based in Burr Ridge, IL, Fletcher provides the highest-end specialty camera systems (ultra-slow motion and robotic camera systems) and provides knowledgeable and experienced field operators to deliver innovative angles for thousands of high profile events. Fletcher also provides specialty cameras to a variety of entertainment shows, concerts, and special events for broadcast or in-house production. The Company also serves the international sports broadcasting market through its Fletcher London operation launched in 2012.

Learn more at fletch.com.

Attachment

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

Avid Expands VENUE | S6L Live Sound Platform, Delivers on Promise of Modularity and Scale

Sat, 29/09/2018 - 01:00

New S6L system components broaden the product family, allowing sound companies and performance venues to configure systems to meet a wider array of production needs, including tight spaces and budget limitations

BURLINGTON, Mass., Sept. 28, 2018 (GLOBE NEWSWIRE) -- Avid® (Nasdaq: AVID), the leading technology provider that powers the media and entertainment industry, today announced the immediate availability of a new control surface, processing engine and I/O rack option for its expanded Avid VENUE™ | S6L unified live sound platform. The Avid VENUE | S6L-24C control surface, Avid VENUE | E6L-112 engine and Stage 32 I/O rack are the first releases out of six new components announced in April 2018, providing sound companies and performance venues with greater flexibility to configure the perfect system to meet any production, space or budget requirement.

The fully modular Avid VENUE | S6L delivers best-in-class functionality for a wide-range of applications including front-of-house, monitor, broadcast, and theater. Avid VENUE | S6L is the industry’s only live sound platform that offers 100% software, hardware and show file compatibility, enabling engineers to scale systems up or down to meet their changing requirements for control, processing, and I/O. Because the VENUE | S6L platform features the same VENUE software and workflows across every model, engineers are presented with an identical user experience regardless of system configuration, allowing them to focus on helping their artist to deliver the best performance possible.

“SSE have been ambassadors for S6L since its launch, utilizing the 32D and 24D consoles in hire stock as well as supplying systems to various UK rental outfits,” said Alex Penn, Sales Director at SSE Audio Group. “These latest additions make the S6L platform a realistic option for a much larger customer base. We’ve championed S6L as we love the system’s functionality, and now with an expanded range we’re looking forward to seeing a lot more of them being used at all levels.”

New VENUE | S6L System components now available
A complete VENUE | S6L System includes control surface, engine, and one or more I/O components—Avid is announcing that the following are now available:

  • VENUE | S6L-24C control surface: The new VENUE | S6L-24C is a more compact and affordable variant of the popular S6L-24D control surface, providing powerful performance and proven S6L workflows in a streamlined package. Featuring 24 faders, 32 assignable knobs, and an integrated central touchscreen, S6L-24C is perfect for festivals, corporate events, and live sound installations.
  • VENUE | E6L-112 engine: The powerful VENUE | E6L-112 is the ideal central processing component for mid-level systems, featuring 112 input processing channels, 48 busses, 100 plug-in slots, and support for up to two HDX cards. The E6L-112 connects to all S6L control surfaces, allowing users to select their desired processing capabilities without compromising on the level of control.
  • Stage 32 I/O rack: The compact Stage 32 brings premium-level sound quality to mid-level S6L systems, increases flexibility in distributing I/O across the performance space, and enables engineers to expand local and stage I/O. Featuring four card slots and using the same premium option cards as the Stage 64 I/O rack, Stage 32’s modular design allows for maximum user customization—up to 32 inputs or outputs, in any order.

“We are excited to expand the Avid VENUE | S6L unified live sound platform with the availability of these three new components and give engineers more options than ever before to configure the perfect S6L system for their clients’ needs,” states Al McKinna, Director of Live System Product Management at Avid. “With its proven VENUE workflows, affordability, and seamless connectivity to a variety of processing and I/O options, the S6L-24C is the natural replacement for our popular Profile system, while the E6L-112 and Stage 32 help us to bring S6L’s premium-level performance and sound quality to new markets.”

“We’ve had great success with the S6L and think that it’s the mixing platform of the future—that’s why we’ve invested in 10 S6L systems to date,” said Bernd Wittenberg, Managing Director, Go Audio Rental GmbH. “The new surface and engine offer even greater flexibility for limited truck and trailer space and budgets, but with maximum audio performance.”

About Avid VENUE | S6L
Offering unprecedented processing capabilities—with over 300 processing channels—S6L delivers unrelenting performance and reliability through its advanced engine design, backed up by modern touchscreen workflows and the scalability to easily handle large, complex tours and events. Like all Avid VENUE systems, S6L provides seamless Avid Pro Tools® integration and on-board industry-standard plug-ins, with higher track counts and more processing power than ever before. And with the new WSG-HD option card, S6L now provides engineers with unmatched integration with Waves SoundGrid systems, including extensive tactile and software control of plug-in parameters, a vastly simplified setup, system redundancy, legacy show file import of plug-ins parameters, and much greater creative flexibility.

For more information on the Avid VENUE | S6L unified live sound platform, visit www.avid.com/S6L.

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. 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

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

Zumiez Announces Participation in the B. Riley FBR Annual Consumer & Media Conference

Fri, 28/09/2018 - 01:35

LYNNWOOD, Wash., Sept. 27, 2018 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today announced that management will present at the B. Riley FBR Annual Consumer & Media Conference in New York. The presentation is scheduled for Thursday, October 4, 2018 at 3:30 pm Eastern Time.  The live webcast can be accessed via the investor relations page of Zumiez website at http://ir.zumiez.com.  To listen to the live webcast, visit the Zumiez website at least 10 minutes in advance to download and install any necessary audio software.

About Zumiez Inc.

Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles. As of September 1, 2018 we operated 703 stores, including 610 in the United States, 50 in Canada, 36 in Europe and 7 in Australia. We operate under the names Zumiez, Blue Tomato and Fast Times. Additionally, we operate ecommerce web sites at zumiez.com, blue-tomato.com and fasttimes.com.au

Company Contact:
Darin White
Director of Finance &
Investor Relations
Zumiez Inc.
(425) 551-1500, ext. 1337

Investor Contact:
ICR
Brendon Frey
(203) 682-8200

Investor Ideas Cannabis Podcast Interview with Marco Hegyi, CEO of GrowLife, Inc. (OTC: PHOT)

Thu, 27/09/2018 - 18:30

"I think what will make the industry mainstream is when the Federal government says we’re supporting this"- Marco Hegyi, CEO

POINT ROBERTS, Wash. and KELOWNA, British Columbia, Sept. 27, 2018 (GLOBE NEWSWIRE) -- https://www.investorideas.com/, a global news source covering leading sectors including marijuana and hemp stocks and its potcast (podcast) site, www.potcasts.ca  release an exclusive interview with Marco Hegyi, CEO of GrowLife, Inc. (OTC: PHOT), who brings extensive technology experience and a history of growing operations to the company.  

Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2018/092118-Potcasts-OTCPHOT.mp3

Marco is focused on bringing a revolutionary vertical grow room system to market with the aim of energy and cost reduction for growers. This proprietary vertical grow room system is currently undergoing a Proof-of-Concept (POC) study in Colorado. Marco has performed several executive roles including President & CEO of private and public companies, vice-president of sales and marketing, senior director of product management, and began as a systems and real-time software engineer. He has led early-stage companies, grown small to mid-size technology companies, and set industry standards at market-leading corporations. He has also managed global programs and initiatives at Microsoft and Yahoo, and is the inventor of several patents.

GrowLife, Inc. is the leading ‘picks and shovels’ company for the cannabis industry, carrying a wide range of growing supplies sold throughout the U.S. and Canada. The company recently had an amazing quarter of growth and is looking forward to the future with its proprietary grow room and further expansion into Canada’s burgeoning market.

Marco discusses why there is more marijuana pesticide testing going on in Colorado and the effects to the industry how necessary this is to control quality of product, as well as where the cannabis space is heading moving forward.

Interview Highlights:
Q: As you supply to both the US and Canada, what are some of the major differences you've noticed between your business dealings in both countries and how do you see this affecting the future of the cannabis in each country?

“There are pluses and minuses to both. I think the US is not as much of a minus as I had originally thought. I thought Canada was going to be a bit of a Nirvana, but it turns out to be much like another state in terms of serving it differently with its own unique policies.”

Q: With the recent news speculation on Aurora Cannabis Inc, and Coca Cola, do you think a move like this will be the big push for the cannabis market into mainstream or what do you see as the major influencer?

“I don’t wait for that to happen and I don’t think that will make us mainstream. I think what will make the industry mainstream is when the Federal government says we’re supporting this and it’s going to take us two or three years to make the modifications and get the entire industry and all the states aligned and then it will happen. Then when I think you’ll see the national brands step in.”

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/. Or visit https://www.investorideas.com/Audio/Potcasts.asp or www.potcasts.ca.

Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.

About GrowLife, Inc.

GrowLife, Inc. (PHOT) aims to become the nation’s largest cultivation service provider for cultivating organics, herbs and greens and plant-based medicines. Our mission is to help make our customers successful. Through a network of local representatives covering the United States and Canada, regional centers and its e-Commerce team, GrowLife provides essential goods and services including media, industry-leading hydroponics and soil, plant nutrients, and thousands more products to specialty grow operations. GrowLife is headquartered in Kirkland, Washington and was founded in 2012.

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts, articles, podcasts and videos  talking about cannabis,  crypto,  technology including AI and IoT, mining, sports, biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info:  https://www.investorideas.com/About/Disclaimer.asp.  Learn more about our news publishing services and costs. This PHOT podcast release is a paid news podcast service. Learn more about our costs and services   https://www.investorideas.com/News-Upload/

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with SEDAR. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894.  Global investors must adhere to regulations of each country.
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Reis & Irvy's, Robot-Staffed Frozen Yogurt Chain, Inks $546,750 Master Franchise Agreement in Little Rock, AR

Thu, 27/09/2018 - 17:44

The Agreement Includes the Purchase of 12 Robotic Vending Kiosks Upfront with Commitments to Buy an Additional 6 Units

SAN DIEGO, CA, Sept. 27, 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 franchise agreement for the robot-staffed frozen yogurt and ice cream chain in Little Rock, AR, the capital and most populous city of Arkansas.


Little Rock

The $546,750, exclusive territory deal includes contracts for 12 initial Reis & Irvy’s locations along with an agreement and letter of intent for an additional 6 locations (18 total) throughout the area as part of an agreement that secures the group’s exclusive rights to Little Rock.

Little Rock is a cultural, economic, government, and transportation center within Arkansas and the South. Several cultural institutions are in Little Rock, such as the Arkansas Arts Center, the Arkansas Repertory Theatre and the Arkansas Symphony Orchestra. The city is the headquarters of Dillard's, Windstream Communications, Acxiom, Stephens Inc., University of Arkansas for Medical Sciences, Heifer International and the Clinton Foundation. Other large corporations, such as Dassault Falcon Jet and LM Wind Power have large operations in the city. State government is a large employer, with many offices being in downtown Little Rock.


Doug and Amy Cahill along with Tim Howell have partnered to become Little Rock’s exclusive Reis & Irvy’s franchisees.  The Cahills were originally introduced to Reis & Irvy’s by Howell, already a Houston, TX-based Reis & Irvy’s franchisee as well as a lifelong friend and fellow Arkansas native.

Mr. Cahill, who has worked as a financial advisor for Edward Jones for 24 years, and Dr. Cahill, an OB/GYN physician, said they were attracted to the “mostly hands off” nature of the Reis & Irvy’s business, which doesn’t require employees.   

Together, the Cahills and Tim Howell decided to become equal partners in an exclusive Reis & Irvy’s franchise in Little Rock.  “I felt this was a great way to come together with my lifelong friends and do business in the place where I’m from with a company and product I believe in as an existing franchisee here in Houston,” Howell said.  

“The team at Reis & Irvy’s are super friendly people, they have a willingness to teach us what we need to know, in a very Southern, friendly manner, and that’s what we’re used to, having lived in central Arkansas all our lives.  Most importantly, we really believe in the revolutionary technology and the quality of the product. Kids really love it, but we see this working almost anywhere, from hospitals to universities and much more. And speaking of kids, our kids couldn’t be more excited about the opportunity Reis & Irvy’s may provide for them one day,” Mr. Cahill said.

“We couldn’t be happier to welcome Doug and Amy to the Reis & Irvy’s family, and to help them bring Reis & Irvy’s to the amazingly friendly, tight knit communities of Little Rock and central Arkansas.  Tim, Doug and Amy told our team that more than anything, they are looking forward to putting smiles on peoples’ faces - and we couldn’t agree more!” said Nick Yates, Chairman of Generation Next Franchise Brands.

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

Transactions in relation to share buyback program

Tue, 25/09/2018 - 13:51

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 18, 2018 – September 24, 2018:

 No. of sharesAverage purchase price, DKKTransaction Value, DKK  September 18, 201812,500316.453,955,680  September 19, 20185,000316.811,584,039  September 20, 20185,000316.981,584,907  September 21, 20185,000318.931,594,645  September 24, 20186,500318.602,070,930Accumulated under the program1,708,214280.43479,033,283

Following the above transactions GN holds a total of 12,450,068 own shares corresponding to a nominal value of DKK 49,800,272 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

As Nationwide Rollout Gains Steam, Here's What Reis & Irvy's Franchisees Have to Say About Their New Businesses

Mon, 24/09/2018 - 18:14

SAN DIEGO, CA, Sept. 24, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Generation NEXT Franchise Brands, Inc. (OCTQB: VEND) is forging ahead with a nationwide rollout of its robotic frozen yogurt and ice cream franchise, Reis & Irvy’s, and early reviews from franchisees, now up and running with their own unattended, robotic vending kiosks, have begun to arrive.

Here’s what they’re saying, in their own words:

Peter Shapiro, Lankenau Medical Center and West Chester University, PA

“It’s awesome for our family to have such a prestigious hospital as our first location -- and it’s right in the neighborhood where we all grew up.  From the minute we rolled the machine into Lankenau, the robot has kept busy selling around the clock. People just love the product. It’s made by Dannon and people just go crazy for it.  Once they learn it’s only 108 calories, they choose the yogurt over a Snickers bar,” said Peter Shapiro of Wynnewood, PA. “Most of our sales are actually in the evening but our day rush is still fairly strong.  I’ve spent a lot of time at our location, watching customers and their interaction with the kiosk, and I’m happy with what I see.”

Michael Bingham, Texas Medical Center, Houston, TX

“We’re thrilled,” said Michael Bingham, whose Reis & Irvy’s robotic vending kiosk is installed at the Texas Medical Center.  “Support from headquarters has been phenomenal. We’re on our second machine, a ‘second generation’ machine, which the company provided and installed on August 21st, replacing our existing “first generation” machine. It was certainly worth the wait to stop and get the production right - things are going very well right now.”

David D’Olympio, Canton Ice House, Canton, MA

David D’Olympio of Rockland, MA is proving that ‘froyo’ knows no boundaries with his first Reis & Irvy’s installation at Canton Ice House in Canton, MA which features two NHL-sized hockey rinks.  Home to several local area high school teams, an elite private club program, several local youth hockey programs and a premier figure skating club.

“My robot has been working perfectly - no issues, no breakdowns,” David said of his Reis & Irvy’s kiosk installed on August 20th.  “Already, kids will sit there and watch the robot and marvel at it. They come back with their parents. They love it,” David said.

“Kids and other customers don’t touch anything besides the touchscreen and the local health department were shocked it was so easy to clean.  It’s the first of its kind in Massachusetts and it took time for [the health department] to realize they had to re-write the rules.”

Kris Barlow, Oklahoma Christian University, Oklahoma City, OK

A former Quiznos franchisee, Kris Barlow isn’t new to the franchise business model, but is ecstatic about the low-maintenance, low-overhead opportunity provided by Reis & Irvy’s unattended, robotic technology.  

“I almost feel guilty how easy this is,” Kris said.  “I spent just four hours the first week making sure I figured things out with the machine.  It’s not difficult. It’s basically plug-and-play.

“The cost of goods is controlled; there is very little cash involved thanks to the variety of payment methods accepted; and the break-even is so low I almost don’t have to think about it,” Kris added.   

“Most of our sales are actually at night.  We do 70 percent of our business from 4:30pm to 8:30pm,” Kris said.

“The Camaraderie is Inspiring”

Nick Yates, Chairman of Generation Next Franchise Brands, described Reis & Irvy’s franchisees’ camaraderie as “inspiring.”  "Franchisees who have robots installed across the United States and Canada are coming together to share their experiences, tips and advice with one another and the rest of our network. The feedback and support that franchisees are beginning to share amongst themselves, and the community that has been formed, speaks volumes to the product and program,” Mr. Yates said. “It’s also very easy to forget that one of the most attractive elements of our concept for franchisees is not just its exclusive nature, patented technology, diverse location opportunities and delicious product, but the fact that if a location doesn’t perform, it can easily be moved - with our support - to another location.  That's something no brick and mortar competitor can claim.”

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.

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

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

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.

If you would like to be a guest or sponsor this podcast contact Investorideas.com

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About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos  talking about cannabis, crypto, technology including AI and IoT, mining ,sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast.

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

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
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