DALLAS, Oct. 1, 2021 /PRNewswire/ -- Ashford Inc. (NYSE
American: AINC) ("Ashford" or the "Company") is excited to announce
that one of its Products and Services companies, J&S Audio
Visual ("JSAV"), has completed a strategic rebranding and is now
named INSPIRE. Throughout its 35-year history, the
full-service event technology company has developed creative and
individualized event production solutions. The new name, INSPIRE,
reflects the energy and momentum the company brings to each of its
clients and the aspiration to create events that move people.
"The rebrand embodies INSPIRE's distinctive ability to host
inspirational events and underscores its commitment to be the
leading provider of integrated audio-visual services in the
hospitality industry," commented Jeremy J.
Welter, Ashford's President and Chief Operating Officer. "We
are excited about INSPIRE's future prospects and believe this
rebrand reflects the tremendous growth potential for its
business."
Founded in 1986, and following its 2019 acquisition of BAV,
INSPIRE has grown into a leading multi-national event production
services provider, serving as in-house technology partners to over
100 of the finest hotels and convention centers in the United States, Mexico, and the Caribbean. Producing over 2,500 events a year,
INSPIRE's culture is deeply rooted in its belief that inspirational
events are the combination of an inspired workforce, advanced
technology, unparalleled creativity, and exceptional customer
service.
"We are thrilled to announce our new brand and identity of
INSPIRE. It's what we commit to every day – we aspire to
inspire. We are a trusted partner. Our clients are
always our primary focus because at the end of the day, it's really
their story and their vision that we help bring to life. We invest
in relationships and the values that sustain a culture of service."
commented Chuck Bauman, INSPIRE's
Chief Executive Officer.
In conjunction with the name change, INSPIRE has launched a new
website, www.inspiresolutions.com and a video highlighting the
strategic rebrand and its mission.
* * * * *
About Inspire
INSPIRE is a leading global event solution company specializing
in audio-visual, staging, and production. With over 35 years
of experience, INSPIRE is now the in-house technology partner for
over 100 of the finest hotels and convention centers in
the United States, Mexico, and the Caribbean. INSPIRE's team creates over 2,500
inspirational in-person, virtual and hybrid events a year through a
combination of an inspired workforce, advanced technology,
unparalleled creativity, and exceptional customer service. The
company is headquartered in Dallas,
Texas. Inspire is wholly owned by Ashford Inc. (NYSE
American: AINC)
About Ashford
Ashford provides global asset management, investment management
and related services to the real estate and hospitality
sectors.
Forward-Looking Statements
Certain statements and assumptions in this press release
contain or are based upon "forward-looking" information and are
being made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements in this press release include, among others, statements
about the Company's strategy and future plans. These
forward-looking statements are subject to risks and uncertainties.
When we use the words "will likely result," "may," "anticipate,"
"estimate," "should," "expect," "believe," "intend," or similar
expressions, we intend to identify forward-looking statements. Such
statements are subject to numerous assumptions and uncertainties,
many of which are outside Ashford Inc.'s control.
These forward-looking statements are subject to known and
unknown risks and uncertainties, which could cause actual results
to differ materially from those anticipated, including, without
limitation: the impact of COVID-19, including one or more possible
recurrences of COVID-19 case surges that would cause state and
local governments to reinstate travel restrictions and the rate of
adoption and efficacy of vaccines to prevent COVID-19, on our
business and investment strategy; our ability to continue as a
going concern; the timing and outcome of the Securities and
Exchange Commission's investigation; our ability to maintain
compliance with NYSE American LLC continued listing standards; our
ability to regain Form S-3 eligibility; our ability to repay,
refinance or restructure our debt and the debt of certain of our
subsidiaries; anticipated or expected purchases or sales of assets;
our projected operating results; completion of any pending
transactions; our understanding of our competition; market trends;
projected capital expenditures; the impact of technology on our
operations and business; general volatility of the capital markets
and the market price of our common stock and preferred stock;
availability, terms and deployment of capital; availability of
qualified personnel; changes in our industry and the markets in
which we operate, interest rates or the general economy; and the
degree and nature of our competition. These and other risk factors
are more fully discussed in the Company's filings with the
Securities and Exchange Commission.
The forward-looking statements included in this press release
are only made as of the date of this press release. Such
forward-looking statements are based on our beliefs, assumptions,
and expectations of our future performance taking into account all
information currently known to us. These beliefs, assumptions, and
expectations can change as a result of many potential events or
factors, not all of which are known to us. If a change occurs, our
business, financial condition, liquidity, results of operations,
plans, and other objectives may vary materially from those
expressed in our forward-looking statements. You should carefully
consider this risk when you make an investment decision concerning
our securities. Investors should not place undue reliance on these
forward-looking statements. The Company can give no assurance that
these forward-looking statements will be attained or that any
deviation will not occur. We are not obligated to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or circumstances, changes in
expectations, or otherwise, except to the extent required by
law.
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SOURCE Ashford Inc.