CARSON CITY, Nev., May 2, 2013 /PRNewswire/ -- Xumanii™ (the
"Company") (OTCQB: XUII), a company that has developed proprietary
technology capable of broadcasting live events in HD wirelessly
from multiple cameras at events for an extremely low production
cost, announces today that the Company has acquired the master
license to a cutting-edge IP portfolio that will significantly
enhance the Company's current platform technology. The Master
License agreement allows Xumanii access to technology that can
significantly enhance the bitrate at which video is uploaded and
broadcast through its platform. "The rapidly expanding, multi
billion dollar live stream market is highly competitive and
technologically advanced so acquiring this intellectual property
was key to maintaining and boosting our edge over the competition,"
said company President Alex Frigon.
He went on to say that, "The average American family watches over 5
hours a day of video content. Currently, the online video market is
a one-way push model that is grossly inefficient. We believe that
we can combine streaming video and e-commerce on our platform by
introducing products that accompany content. Adding to that fact is
that our platform can be viewed globally so our reach can be
enhanced by a huge multiplier." The XUMANII team and I look forward
to announcing the upcoming lineup of talent that will be able to be
viewed "live' on our platform. Please log in regularly or sign up
on our website at www.xumanii.com to receive notices of upcoming
live events.
About XUMANII™
Xumanii™ is an all-inclusive online platform that provides users
the opportunity to create a "Live Broadcast" in true High
Definition. Xumanii™'s new, patent pending technology
integrates proprietary hardware and software wirelessly, streaming
live feeds from multiple cameras in High Definition Audio/Visual
with capabilities of up to 10 Megabites per seconds. This
technology integrated Hardware and Software allows for the highest
quality "live broadcast" without the exorbitant expenditure of
traditional methods currently used in the marketplace via the
respective Artist's Channel on Xumanii.com. The Company's
technology can also be provided to each Artist allowing them to
broadcast any event in which they feel that they would like their
fans to be a part of.
Safe Harbor Statement
Certain statements in this news
release may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. The company cautions that these forward-looking
statements are further qualified by other factors. The company
undertakes no obligation to publicly update or revise any
statements in this release, whether as a result of new information,
future events or otherwise.
XUII Investor Relations
Maplehurst
Tel: 917.838.3991
SOURCE Xumanii(TM)