LAS VEGAS, April 28, 2016 /PRNewswire/ -- XLI Technologies, Inc. (OTC PINK: XLIT) (the "Company" or "XLI") is pleased to announce an additional advertising business (revenue) opportunity for theaters as part of the Printed LightSheet placement rollout program within the U.S., Canada and the Caribbean.
XLI Technologies, Inc. has just confirmed the exclusive rights for all "In Theater" and all "outdoor" (billboard) advertising with Lookhu within the U.S., Canada and the Caribbean. This will add to the theater revenue program in which the theaters have the opportunity to recoup their cost of the Printed LightSheets and establish an additional revenue stream. The break even point is the second month of advertising (there will be a press release/announcement next week regarding the specifics; cost, revenue potential and projections). This amazing incentive is being offered during the current and initial contract fulfillment period of the Printed LightSheet rollout for Phase 1: placements in 250 locations, Phase 2: placements in 1,900 locations and Phase 3: placements in 3,000 locations.
James Schramm, Chairman and CEO of XLI Technologies confirmed this deal today, April. 28, 2016 with Lookhu CEO, Byron Booker.
Lookhu (www.lookhu.com) is the future of cable TV. It is a new and exciting streaming media platform offering over 125 channels of curated content including live cable networks. Channels include topics around gaming, news, food, music, sports, children's programming, and more. Lookhu offers its service on an ad supported, a la carte channel, and premium ad free basis. Now providing marketing services for talent: singers, actors, directors, movies, music artists, sports teams, sporting events, business programs and athletes and its various overall promotions including its exclusive shows and channels with Printed LightSheets.
Byron Booker stated, "I'm very excited to work with XLI Technologies, utilizing its Nanotechnology Printed Light Sheets as added value for our clients, affiliates, products and services. Advertising in the auditoriums of theaters has been off limits up until now. Utilizing Nanotechnology to advertise on billboards, transit shelters, bus ads, subway ads, airport ads and bench ads just raises the bar to the future of media and promotions. I feel very lucky to part of history and I look forward to an amazing, powerful and productive relationship."
For additional information regarding Lookhu, readers are encouraged to visit www.Lookhu.com.
James Schramm, CEO of XLI Technologies, Inc., stated, "As I have stated in my past PR release, It has taken several months to properly position this program regarding our theater Printed LightSheet rollout. This positioning allows the theater additional weekly revenue for every location. It's exciting to establish for the first time ever, this type of placement opportunity for music artists, business and/or Independent films as well as additional positioning for the studios to advertise in the actual auditorium of cinemas. This program is not only a great opportunity for advertising and promotions, but additional business for the Theater and XLI Technologies, Inc. It's simply a win/win."
Schramm concluded, "We expect within 90 days at least 85% of the Printed LightSheet placements will include this marketing program. This will generate additional revenue on a weekly, monthly and annual basis."
Lookhu, Inc. (www.lookhu.com) Available at the App Store and Google Play.
Lookhu is an online video service that offers a selection of popular and exclusive movies, TV shows, and more on a free, ad-supported or paid commercial free service basis. Lookhu users can access its service through more than 400 million connected TVs, smartphones, game consoles and set top boxes. Lookhu's mission is to provide the best entertainment experience possible by delivering the world's most popular and exclusive content both live and on-demand. Lookhu gives advertisers an opportunity to associate their brands with premium online video content and connect with highly engaged consumers.
About XLI Technologies, Inc.
XLI Technologies, Inc., through its wholly owned subsidiary, Bosch International, LLC, provides unique, versatile, durable, and eco-friendly Nanotechnology printed lighting products (Printed LightSheets™) to the entertainment sector, including movie theaters, movie studios, production and distribution companies, talent and management agencies, marketing and PR firms, outdoor media and limited automotive in the U.S., Canada and the Caribbean. The Company is also exploring several other potential applications of the technology as well as expansion of territory rights.
Notice Regarding Forward-Looking Statements
This press release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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SOURCE XLI Technologies, Inc.