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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.

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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.

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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.

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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.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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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.

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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

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

Thu, 20/09/2018 - 17:30

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

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

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

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

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

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

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

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

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

About Key Digital®

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

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

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

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

About Site On Sound

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

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

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

NEP GROUP RECOGNIZED AT THREE AWARDS SHOWS DURING IBC 2018

Wed, 19/09/2018 - 19:47

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

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

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

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

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

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

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

#  #  #

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

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

Attachment

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

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

Wed, 19/09/2018 - 16:30

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

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

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

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

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

###

About Klipsch Audio

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

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

 

 

 

Attachments

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

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

Wed, 19/09/2018 - 16:30

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

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

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

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

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

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

About Stingray

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

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

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

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

Tue, 18/09/2018 - 18:48

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

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

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

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

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

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

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

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

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

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

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

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

The 2019 Nissan TITAN Fender Premium Audio System features:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Transactions in relation to share buyback program

Tue, 18/09/2018 - 14:28

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

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

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

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

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

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

For further information, please contact:

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

Or

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


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


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

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

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

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

Sun, 16/09/2018 - 22:00

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

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

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

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

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

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

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

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

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

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

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

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

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

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