WESTERVILLE, OH--(NewMediaWire - Mar 24, 2017) - The
Guitammer Company (OTCQB: GTMM), the worldwide leader in haptic-tactile
broadcast technology and creator of the patented award-winning
ButtKickerĀ®-brand low frequency audio transducers that provide a
uniquely immersive entertainment experience, announced today that
it had been awarded contracts to install its low frequency
transducers in three new international auditoriums totaling almost
500 new seats. This will bring the Company's total deployment
to 29 international auditoriums with over 6,000 seats. The
company's domestic US cinema business continues to grow from its
current base of 132 auditoriums and over 26,000 seats with
substantial additions slated to be installed over the next 9
months.
The first international project consists of enhancing all 306
seats in two cinema auditoriums in a six cinema multi-plex in East
Asia. Each seat will be outfitted with one ButtKickerĀ® brand low
frequency transducer. The second project enhances all 193
seats in a specialty theater installation in the Gulf States. Each
seat will be outfitted with one of the Company's newly released K3
low frequency transducers. For both projects Guitammer is
providing design and project management service including sending
one of its cinema technicians to the project site to supervise the
installation and integration of the ButtKicker / K3 system into the
cinema's sound system. Guitammer is supplying all the
hardware, including amplifiers, wiring, etc. required to install
the ButtKicker and K3 system.
"We continue to see strong demand from international and
domestic theaters for our immersive cinema solutions," said Mark A.
Luden, Guitammer's CEO. "And, we are beginning to see more
exhibitors upgrade multiple auditoriums in a single
complex. In the case of the East Asian project, one third of
the six auditoriums will be enhanced with our ButtKicker system. By
providing complete solutions for both projects, we are able to
better serve our customers and increase our top line and gross
margin dollars for cinema installations."
The East Asian project is expected to be opened in June of this
year; and the Gulf States project at the end of this summer or
early Fall. Guitammer will provide more details at those times.
For a complete listing of all ButtKicker-enabled
theaters, www.guitammer.com/theaters.
About The Guitammer Company
The Guitammer Company, based in Westerville, Ohio, is a leader
in low frequency audio products and broadcast technology. The
Guitammer Company's patented and patent pending broadcast
technologies, "4D Sports powered by ButtKicker", enables the
excitement, impact and feeling of live sporting events to be
broadcast along with the sound and video, and puts the viewer into
the action, whether at home or at the event. The technology is
available for cable, satellite, fiber optic, IPTV and over-the-air
broadcasts. For more information see http://guitammer.com/broadcast-technology.
The Company's innovative and award-winning line of patented
ButtKicker-brand low frequency audio transducers let users feel
low-frequency sound (bass) and are musically accurate, powerful and
virtually indestructible. They are used around the world by leading
entertainment and theater companies such as: AMC Theatres, Regal
Entertainment, Alamo Drafthouse, IMAX, Disney and Lumiere Pavilions
in movie theaters and attractions; by world-famous musicians; and
in home theaters, by consumers for video games, simulators and car
audio and are distributed by Pearl Drums for musicians under the
trade name, "Pearl's Throne Thumper by ButtKicker". For additional
information on The Guitammer Company and detailed product
information, visit www.guitammer.com and www.shakemycouch.com. To like our Facebook page
or follow us on Twitter for company updates, visit www.facebook.com/TheButtKicker and www.twitter.com/TheButtKicker.
Safe Harbor:
This letter contains certain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended, which are intended to be covered by the safe harbors
created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainty, including
without limitation, the ability of the Company to successfully
implement its turnaround strategy, changes in costs of raw
materials, labor, and employee benefits, as well as general market
conditions, competition and pricing. Although the Company
believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, any of the assumptions
could be inaccurate, and therefore, there can be no assurance that
the forward-looking statements included in this letter will prove
to be accurate. In light of the significant uncertainties
inherent in the forward-looking statements included herein, the
inclusion of such information should not be regarded as
representation by the Company or any other person that the
objectives and plans of the Company will be achieved. In
assessing forward-looking statements included herein, readers are
urged to carefully read those statements. When used in the Annual
Report on Form 10-K, the words "estimate," "anticipate," "expect,"
"believe," and similar expressions are intended to be
forward-looking statements.