UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported):
February 10, 2015
Adaptive Medias, Inc.
(Exact name of registrant as specified
in its charter)
000-54074
(Commission File Number)
Nevada |
26-0685980 |
(State or other jurisdiction |
(I.R.S. Employer |
of Incorporation) |
Identification No.) |
16795 Von Karman Ave., #240
Irvine, CA 92606
(Address of principal executive offices)
949-525-4466
(Registrant’s telephone number,
including area code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
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¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c) |
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Item 7.01 |
Regulation FD Disclosure. |
On February 10,
2015, Adaptive Medias, Inc., a Nevada corporation (the “Company”), issued a press release announcing its
estimated expected financial results for the fourth quarter of 2014. A copy of the press release is filed herewith as Exhibit
99.1.
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Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. |
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Description |
99.1 |
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Press Release dated February 10, 2015 |
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 10, 2015 |
ADAPTIVE MEDIAS, INC. |
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/s/ Jim Waltz |
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Jim Waltz
Acting Chief Operating Officer |
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Exhibit 99.1
- - PRESS RELEASE - -
FOR IMMEDIATE RELEASE
FEBRUARY 10, 2015
ADAPTIVE MEDIAS EXPECTS RECORD FOURTH
QUARTER AND FISCAL YEAR 2014 FINANCIAL
RESULTS
IRVINE, California, February 10, 2015 - - Mobile video content
syndication and monetization company, Adaptive Medias, Inc. (OTCQB: ADTM), a leader in programmatic advertising across mobile,
video and online display, today provided financial guidance for its fourth quarter and fiscal year 2014 results.
Revenues for the fourth quarter and fiscal year ended December
31, 2014 are expected to be between $1.7 million to $1.8 million, representing an increase of over 180% from 2013 fourth quarter
revenues of just over $600,000. This represents an increase of up to 28% in revenues of $1.4 million reported in the third quarter
ended September 30, 2014.
“Adaptive Medias continues to make strong progress in
growing its top line revenue and expanding its client base,” said Jim Waltz, Acting Chief Operating Officer. “We expect
to report our eighth consecutive quarter of double-digit revenue growth when we announce our fourth quarter and fiscal year 2014
results.”
Mr. Waltz continued, “After 18 months of establishing
and positioning the company for sustainable growth, we are now focused on realizing that growth. In September, we launched Media
Graph, our proprietary end-to-end advertising-technology platform, and the platform is already contributing to our top line. We
are also pleased to enter 2015 with a platform client count of well over 400, a significant increase from the 45 clients we had
when we exited our Media Graph beta testing only four months earlier.”
“A notable platform win in Q4 was our partnership with
Link Vehicle. When fully deployed, this relationship will enable us to power video for its 40,000-strong ecosystem of bloggers
and highlights the scalability of our platform.
As the premier mobile video platform for publishers, we continue
to be very well positioned within one of the fastest growing sectors in online media technology. Cisco projects that in four years,
75% of the world’s mobile traffic will be video, and eMarketer estimates that mobile ad spending will reach $64 billion this
year with a target of $158 billion by 2018,” concluded Mr. Waltz.
ABOUT ADAPTIVE MEDIAS,
INC.
Adaptive Medias, Inc.
(OTCQB: ADTM) is a programmatic audience and content monetization provider for website owners, app developers and video publishers
searching to more effectively optimize content through advertising. By providing a solid foundation for publishers and developers
wishing to engage brand advertisers through a multi-channel approach, the company allows for the delivery of integrated, engaging
and impactful ads across multiple screens. Adaptive Media places utmost emphasis on maintaining the user experience, while simultaneously
distributing timely and relevant advertising through its ad delivery and content platform. For more information, please visit
www.adaptivem.com. Also, follow them on Twitter @adaptive_m.
SAFE HARBOR STATEMENT
This Press Release may
contain certain forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Adaptive Medias,
Inc. has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes,"
"estimates," "expects," "plans," "intends," "potential" and similar expressions.
These statements reflect Adaptive Medias' current beliefs and are based on information currently available to it. Accordingly,
such forward-looking statements involve known and unknown risks, uncertainties and other factors which are outside of our control
and could cause Adaptive Medias' actual results, performance or achievements to differ materially from those expressed in or implied
by such statements. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated
risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results.
Adaptive Medias undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the
information contained in this Press Release including such forward-looking statements.
Investor Relations
Contact:
AJ Homayun
818 280-6800
ahomayun@irpartnersinc.com
Public Relations Contact:
PR@adaptivem.com
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