Integrated Media Technology Limited Signs Distribution Agreement
April 30 2019 - 10:05AM
Integrated Media Technology Limited (NASDAQ: IMTE) (“IMTE” or the
“Company”), today announced that it has entered into an agreement
with Teko International Limited (“TEKO”) for the distribution
rights for the territory of Hong Kong and Guangdong Province, China
(“Territories”) of a proprietary conductive film and 3rd generation
(or any future derivative thereof) Polymer Dispersed Liquid Crystal
Film (“Conductive Film Products”).
Smart glass, switchable glass, or intelligent
glass refers to a glass display or glass wall that turns from
transparency to opaque with a touch of a button. The
application of electrical voltage through the conductive film
installed in the glass changes the light trassmission to turn the
glass from clear to opaque. Smart glass applications are
private windows for home and office, room partitions/dividers,
electronic curtains /blinds, counters or display cases, window
displays, advertising screens and many other applications.
Mr. Con Unerkov, CEO of IMTE, stated: “This is
an exciting opportunity for IMTE. We look forward to the
opportunity to work with TEKO to strengthen our existing portfolio
in the display business and provide exciting new opportunities
moving forward.”
About Integrated Media Technology
Limited (“IMTE”)
IMTE is engaged in the investment, development,
and commercialization of visual technology with a focus
on glasses-free 3D (also known as autostereoscopic
3D) display technology. Through its subsidiary, Marvel
Digital Limited, IMTE designs and sells glasses-free 3D products
for the industrial market. These products include glasses-free 3D
digital signage and video wall, 3D conversion equipment, and
software for the film/video production industry. For the
consumer market, IMTE through its subsidiary, GOXD Technology
Ltd., offers consumer products such as glasses-free
3D digital photo frame, smartphone, tablet, and TV on a
cloud-bases platform connecting users anytime anywhere
worldwide. IMTE is headquartered in Hong Kong with regional
offices in Australia and China. IMTE is traded on the Nasdaq
under the symbol “IMTE”. For more information, please
visit www.imtechltd.com.
Safe Harbor Statement
This press release contains certain statements
that may include "forward-looking statements." All statements
other than statements of historical fact included herein are
"forward-looking statements." These forward-looking
statements are often identified by the use of forward-looking
terminology such as "believes," "expects" or similar expressions,
involve known and unknown risks and uncertainties. Although
the Company believes that the expectations reflected in such
forward-looking statements are reasonable, they do involve
assumptions, risks, and uncertainties, and these expectations may
prove to be incorrect. You should not place undue reliance on
these forward-looking statements, which speak only as of the date
of this press release. The Company's actual results could
differ materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in the Company's periodic reports that are filed with the
Securities and Exchange Commission and available on its website
(http://www.sec.gov). All forward-looking statements attributable
to the Company or persons acting on its behalf are expressly
qualified in their entirety by these factors. Other than as
required under the securities laws, the Company does not assume a
duty to update these forward-looking statements.
U.S Investor Relations
Contact: PCG Advisory Group Adam Holdsworth,
Managing Director Email: adamh@pcgadvisory.com Phone: +1
646-862-4607
Intergrated Media Techno... (NASDAQ:IMTE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Intergrated Media Techno... (NASDAQ:IMTE)
Historical Stock Chart
From Sep 2023 to Sep 2024