SANTA MONICA, Calif., June 21, 2012 /PRNewswire/ -- Max Sound Corporation (OTC Bulletin Board: MAXD), the provider of breakthrough high definition audio solutions, announced today that the Hollywood Stock Review has issued an updated research coverage report, highlighting some of the company's recent developments and progress. The Hollywood Stock Review is a publication of Institutional Analyst's (IA) equity research division and sister publication to the Internet Stock Review.
"MAXD® has quickly made incredible inroads, in getting the billion dollar music industry to take notice of their next generation audio technology since it announced its availability in February of 2011 and then its official debut, to the attending members of the 54th Annual Grammy® Awards at the Dolby Theatre this past February," stated Roland Perry Institutional Analyst's chief analyst.
Adding "In less than four months since its debut at the Grammy's MAXD has announced that two of the most powerful and successful music producers in the entire entertainment industry, have agreed to begin mastering their new releases in MAXD Audio™, an accomplishment which in our opinion, is nothing shy of staggering and brings with it major industry-wide implications." Noting, "The decision of both 'Rock Mafia' and 'Timbaland' who have been involved in the writing, producing and recording of music that has achieved more than 100 million sold, to adopt the MAXD Audio™ speaks for itself. These producers have at their disposal the best musical talent including engineers, programmers, mixers, producers and project coordinators. They also have at their disposal the best, most sophisticated and most advanced music and acoustic producing tools available on the market today. Producers of this caliber demand and get what they need, to produce the best sounding music possibly attainable. And that they chose to both use and recommend MAXD Audio™ is in our opinion, a clear harbinger of where the industry is headed."
John Blaisure CEO stated, "We feel fortunate to have the magnificent talent, backgrounds and reach, that Rock Mafia and Timbaland have throughout the music industry and how they are key in launching our goal to become the new audio standard."
About Max Sound Corporation
Max Sound® is to audio what HD (High Definition) is to video. Max Sound® can convert any audio file in its existing format to High Definition providing your ears with the most realistic sound quality available today. Visit http://maxsound.com to see the difference for yourself.
About Institutional Analyst
The Internet Stock Review and Hollywood Stock Review are part of Institutional Analyst's (IA) equity research division. Institutional Analyst is an investor relations and investment research firm with offices in Chicago IL, Delray Beach FL and Port Jefferson NY. IA is a leading publisher of news, perspective and market intelligence reports on the equity markets. Working with publicly traded corporations the firm seeks to represent small-cap companies that have products or services, which can be defined as "best of breed." To align itself with shareholders, it typically seeks to have 90% of its retainer, represented by an equity stake in their client companies. IA has been compensated with four hundred thousand restricted shares for a one-year investor relation's engagement.
Safe Harbor Statement
Statements in this press release which are not purely historical, including statements regarding Max Sound's intentions, beliefs, expectations, representations, projections, plans or strategies regarding the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow or adequacy of capital resources, market acceptance risks, technical development risks, and other risk factors. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Max Sound disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release.
Max Sound Corporation
Company Contact: John Blaisure
Email: [email protected]
SOURCE Max Sound Corporation