SAN DIEGO, June 19, 2017 /PRNewswire/ -- TPT Global Tech (OTCBB:TPTW) announced today it recently completed the purchase of the technology and intellectual property of Lion Universe Technologies www.lionuniverse.com, a Los Angeles-based Mobile Technology think tank. The Lion smartphone is the first Full HD Naked Eye 3D smartphone ever launched in the United States. Lion Universe mobile 3D technology is patent pending. The smartphone will be distributed through TPT Global Tech's wholly owned subsidiary K-TEL's existing brick and mortar distribution channel in the Northwest and very soon a National and International roll out. TPTW is building industry leading personal cellular phones designed for a wide appeal. With a business model built on innovation and progress starting with the Lion Phone technology, the company produces high-quality and easy-to-use cellular phones. The Lion Phone was designed for consumers looking for portable and affordable cutting-edge technology. The Company's first generation phones come equipped with full high definition resolution screen for better viewing. This Full HD Naked Eye 3D smartphone is perfect for watching movies, playing games, even editing photos or videos.
"The Lion Phone features a powerful processor that delivers functionality normally found in name brand cell phones," said Antonio Henry, Vice President of New Product Development, Lion Universe Technology.
Performance and Portability
Whether it's looking at photos, playing music, emailing or surfing the web, consumers want more from their phones. The Lion Phone raises the bar for cellular phones. For the first time ever, cellular users can enjoy quality 3D viewing with the naked eye, no glasses required, enjoying full high definition video with smooth playback.
"Consumers have been waiting for a way to watch their favorite movies in 3D, now they can watch them in the convenience of their phone and Gamers can have the leisure of playing their games without taking all that head gear with them," said Enoch Brande, President of New Product Development, Lion Universe Technology. "Throughout our company, we strive to give customers the best possible experience with our Full HD Naked Eye 3D smartphone in the US and Global markets."
"We here at TPT Global Tech are very pleased to add the patent pending Full HD Naked Eye 3D smartphone hardware technology to our portfolios of companies. This acquisition continues our commitment in moving TPT Global Tech into the Global Mobile Digital Media Technology space. We also look forward to continuing our working relationship with Linda Kelly who will continue to head Lion Phone division as its CEO and her outstanding tech team moving forward," said Stephen Thomas, CEO of TPT Global Tech Inc.
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings and pursuit of new markets are forward looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
About TPT Global Tech
TPT Global Tech Inc. (OTC:TPTW) based in San Diego, California, is a Technology/Telecommunications Media Content Hub for Domestic and International syndication and also provides Technology solutions to businesses domestically and worldwide. TPT Global offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media and collaboration features in today's global technology markets. TPT also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones.
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SOURCE TPT Global Tech Inc.