COBI Launches Cutting Edge Technology Subsidiary For $970 Billion US Tourism and Concert Sectors
March 20 2017 - 9:36AM
InvestorsHub NewsWire
Salt Lake City, UT -- March 20, 2017 --
InvestorsHub NewsWire -- Motion Entertainment Group (USOTC:
COBI) today announced the launch of Events in Motion,
a technology subsidiary focused on providing world-class event,
concert and travel apps within the US market. The event, travel and
music concert industries represented a combined $970 billion in
revenue across the United Stated in 2015.
Events in Motion will offer disruptive apps as
white-label solutions at highly competitive price-points to meet
the needs of all three markets, and to upset a balance of power
where established giants overcharge and underservice small, medium
and large-scale clients alike.
Studies in 2016 and 2017, conducted by global
events and tourism organizations, have indicated a growing appetite
for event apps, and a growing appreciation of the value that they
can provide. Events in Motion has a developed solution that is
already in-market and proven globally, and the Company is bringing
the product to the USA, anticipating immediate and significant
results thanks to enhanced value offers and pricing models, and
industry surveys that illustrate a 12% increase in desire for
mobile event apps within the US alone.
As
mentioned, the apps are developed and proven, and Events in Motion
has already secured an initial client base for hundreds of tours in
the travel sector, which will be formally announced later this
month. The standard version of these apps offer the cutting
edge-features that clients expect, and the simplicity and
scalability of a cloud-based platform. Further, the Company is
willing and able to customise the cloud-based apps and platform to
create unique features and interfaces to meet unique client
needs.
Stay up to date
with all Motion Entertainment news and events
at:
http://www.twitter.com/megamotioneg
http://www.instagram.com/motioneginc
Safe
Harbor:
This release
includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 27E of the Securities
Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing, and regulatory and shareholder approval for
anticipated actions.
Steven Smith,
Interim President
Motion Entertainment Group Inc. fka Compass Biotechnologies
Inc.
Email: info@compasscobi.com
Tel:+1-972-535-8931