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Next Group Holdings Announces Plans to Extend its Reach in the Mobile HD Video Market


News provided by

Next Group Holdings, Inc.

Feb 19, 2016, 02:19 ET

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MIAMI, February 19, 2016 /PRNewswire/ --

Next Group Holdings, Inc. (OTCQB: PLKD) announced today that it plans to aggressively extend its market reach and subscriber base in the mobile HD video space throughout the remainder of 2016, through its subsidiary NxtGn, Inc.

NxtGn plans to launch its AVYDA Powered by Telarix mobile application for iOS devices in April 2016. The AVYDA cloud platform will allow from two people to thousands of people located all over the earth to simultaneously join video rooms to connect with friends, family members, celebrities, live entertainment events, doctors, classrooms, and more. With a heavy focus on user experience, the application will be simple to use: just click on an access link or notification to connect. The platform allows carrier service providers to monetize HD video communication, changing the landscape of how subscribers communicate with one another.

"We are very happy to see that 5 years of research and development, and relationship building, are about to make our unique new HD video platform a reality for millions of people around the world," said Michael De Prado, PLKD's President.

Mr. De Prado continued, "as our sister company NxtGn, Inc. begins to roll out several exciting new products and services, the Next CALA Rewards program will offer Next CALA subscribers the ability to use NxtGn's proprietary HD Personal Telepresence products to participate in health care consultations, distance learning, and exclusive live entertainment events. I am proud that Next CALA Rewards will soon allow our subscribers to use HD telepresence services that until recently were within reach only of Fortune 500 companies and very high net worth individuals. I believe these synergies will give both Avyda and our Next CALA Prepaid Visa cards sustainable competitive advantages in the marketplace."

About Us:  PLKD is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. PLKD's principal executive offices are located at 1111 Brickell Avenue, Suite 2200, Miami, Florida 33131, and its telephone number at that location is (800) 611-3622.  PLKD's web address is nextgroupholdings.com.  

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY.


Contact:
Next Group Holdings, Inc.
Telephone: +1-800-611-3622
[email protected]

SOURCE Next Group Holdings, Inc.

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