Ubiquity Corp Provides Updates on Commercialization Strategy for Sprocket
Marketwired
IRVINE, CA--(Marketwired - Mar 13, 2014) - Irvine-based Ubiquity Corp. (OTCQB: UBIQ) today announced that it is rolling out Sprocket Live, Sprocket White Label and Sprocket Enterprise with initial customer wins anticipated as early as the second quarter this year.
Chris Carmichael, CEO of Ubiquity said that, "Sprocket is a truly disruptive product unparalleled in its ability to transform the way we navigate the Internet and manage our content and applications. We are pleased to announce that we are introducing Sprocket and its families of patents to the market with complete flexibility from a business case perspective, with an initial focus on entertainment and sports venues through Sprocket Live, to original equipment manufacturers of mobile devices and tables through Sprocket White Label, and for business-centric functionality and support through Sprocket Enterprise."
About Sprocket
Sprocket is a new and easy way to quickly access all of your favorite Internet and Mobile services all in one place. Designed with a UnifiedGlobal User Interface, it is comprised of a series of blades that represent the most popular services, a dashboard that provides an at a glance view of your digital life, and cross service search that allows you to find the things you are interested in quickly and easily. The Sprocket is a customizable social and media application that allows users to group and organize their favorite online destinations in one simple easy to use location.
Ubiquity's Co-Chairman Nick Mitsakos added, "Sprocket is the only intuitive and universally consistent user interface, allowing anyone simple and easy access to all content and files from any device in a seamless user-friendly environment. The Sprocket can be customized while still remaining consistent for users among all their devices and content."
Sprocket Live focuses on mobile devices in a sports and entertainment venue setting, allowing leagues, promoters and venue owners to provide an integrated, branded guest experience connecting socially, gathering information about the event, its participants and sponsors, purchase food and merchandise, watch highlights and participate in quizzes and polls in a totally immersed environment.
It is designed to be entirely modular, running on top of the Ubiquity WEAV Web Services platform. It has a direct application for sports leagues, team owners, concert promoters, venue owners and can easily be customized for any type of use. Licensing, customization, advertising and commerce revenue streams are all contemplated as part of the business model.
Sprocket White Label is designed to OEMs for a custom application for the consumer that wants to gain the ease-of-use, power of navigation and capabilities that sprocket has to offer.
Sprocket Enterprise is a business-centric application dedicated to bringing enterprise solutions to a workforce or company looking to add the navigation and customized tools that Sprocket offers while using the pre-built Sprocket platform.
"The Sprocket features multi-platform support, a fully customizable user interface, sharable settings, a robust CMS system, a Sprocket user database, and a high end security system to protect the user's interest. The customizable settings within the Sprocket give users the experience they desire on time every time by allowing them content delivery on their terms with selectable indicators, category grouping, wheel blades, sound effects, and allowing Artificial Intelligence to make their experience truly unique," said Ubiquity's CTO Kristian Sandberg, Ph.D.
About Ubiquity Broadcasting Corp. 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. First, the Company has developed an intuitive user interface making access to all content from any device in a simple, consistent format. Second, Ubiquity enables the search and identification of any object and image in all video and digital media. Third, it 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. Through Ubiquity Studios, we provide we engage in the commercial production, distribution and exploitation of entertainment products including but not limited to television, commercials and film. For more information, visit www.ubiquitycorp.com.
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 following risks: the risk that the Company is not able to successfully move its Sprocket application to market, 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, 2014. 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.
