Ubiquity Announces Internal BetaTesting for 4th Quarter Launch of Sprocket
IRVINE, Calif., July 31, 2014 /PRNewswire/ -- Ubiquity, Inc. (OTCBB: UBIQ), a leader in technology-focused media, focused on delivering next generation IP based content and services for mobile, tablet and professional and lifestyle screens, announced today that it is beta testing integration with major entertainment and media mobile application vendors in anticipation of the upcoming 4th quarter 2014 launch of their Sprocket platform.
Ubiquity's innovative Sprocket platform is more than just software. It is a tool for the digital lifestyle that acts as an overlay to existing operating systems, and provides seamless access to and transition between a user's suite of applications. The Company has brought together a group of experienced software developers to create cutting-edge interactive software solutions with intuitive user interface and design. Ubiquity's Sprocket enables simultaneous access to a wide range of Social Media and Digital Content applications to create immersive user experiences while browsing, interacting, and creating content. Sprocket utilizes the content dissemination guidelines from major providers such as Google, Netflix, Facebook, New York Times, Twitter, LinkedIn, ESPN, Flickr, WikiMedia, Living Social, WeatherBug, Flixster/Rotten Tomatoes, Instagram, Pinterest, TMZ, Foursquare, Yelp, Pandora, Spotify, Tumbler, Huffington Post, Expedia, CNET, Best Buy, USA Today, Last.fm, Deadspin, Gawker, Gizmodo, Jezebel, and Kotaku.
"Enabling each of these best-of-breed brands is an essential next step as we approach the launch of our Sprocket platform," stated Chris Carmichael, Chief Executive Officer and Chairman of Ubiquity. "Securing the Sprocket's access to these major brands not only validates the excitement and anticipation surrounding Sprocket, but also will ensure that our users will be able to access their favorite applications through our platform right from the get-go. At Ubiquity, we strive to enhance and enrich the way in which people access their media and entertainment on their devices. We are currently in negotiations to distribute Sprocket in Asia and other parts of the globe.
"Upon its launch, Sprocket will be the first user experience product of its kind that is enabled across TV, tablet, and mobile devices. Through partnerships and relationships that will be disclosed later in the year, Ubiquity will be able to demonstrate not only the most advanced user experience but also a next generation methodology of Artificial Intelligence. Ubiquity maintains an extensive portfolio of patents, specifically designed around the Sprocket platform. These patents will eventually be integrated into the platform, and will preserve the unique functionality and user experience that only Sprocket can offer. At Ubiquity we are focused on protecting our intellectual and creative property so that we are positioned to grow aggressively in this market, and drive value for our shareholders," concluded Mr. Carmichael.
About Ubiquity, Inc.
Based in Irvine, CA, Ubiquity is a vertically integrated, technology-focused media company. Ubiquity is focused in five specific areas with a robust portfolio of patents and intellectual property. The Company has developed an intuitive user interface making access to all content from any device in a simple, consistent format. Ubiquity enables the search and identification of any object and image in all video and digital media and has developed a platform for mobile transaction including the integration of payments, money transfers, coupons and gifts. Ubiquity has also developed an industry-leading, intuitive, immersive consumer experience for all web-based activity. Finally, the company allows for the personalization of all content, whether public or private, in a unique accessible way.
Through Ubiquity Labs we are leveraging an extensive portfolio of intellectual property spanning Web 3.0, immersive advertising, video compression, content distribution, eCommerce, and mobile applications to support the commercialization of new technologies. In addition, we intend to pursue strategic licensing opportunities.
Forward-Looking Statements
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the failure of the business strategy, the integrity of the Company's patents and proprietary intellectual property and competition. The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events, including the risk factors set out in the Company's 10K for the year ended December 31, 2013. See the sections entitled "Risk Factors" in Ubiquity's quarterly and annual reports as filed by Ubiquity from time to time with the Securities and Exchange Commission. The Company has assumed that the material factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
Contact:
KCSA Strategic Communications
Todd Fromer / Phil Carlson
[email protected] / [email protected]
212-896-1215 / 212-896-1233
SOURCE Ubiquity, Inc.
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