CARSON CITY, Nev., June 7, 2013 /PRNewswire/ -- Xumanii™ (the
"Company") (OTCQB: XUII) and (OTC PINK: XUII), a company that has
developed proprietary technology capable of broadcasting live
events in True HD™ wirelessly from multiple cameras at events
creating high quality content for drastically lower production cost
announces today that it has begun implementing a production
schedule for the XumaniiTM Smart TV App for leading
manufacturers such as Samsung, Sony, and LG. With the
introduction of the "Smart TV" and "3-D" technology to High
Definition Television in 2009 many online web based streaming
content providers have seen exponential increases in revenue growth
as the sale of Smart TV's have increased due to the ever increasing
popularity of the technology built into such models. Smart TV sales
have increased significantly worldwide each year since the
technology became available. A recent article in Forbes Magazine
dated February 25 2013 stated that
"our latest research shows that 67 million were sold worldwide
in 2012, and that number is expected to hit 87 million this
year."*
The most popular feature of the Smart TV is that it makes it
possible for users to watch content from Hulu, Netflix, YouTube,
and other sources directly from the TV without the need for a
set-top box or a computer connection.
In addition, the Company has completed the initial stages of
development for the PlayStation, Wii and XBOX consoles so that
users will be able to watch Live content broadcasted as desired.
The Apps will allow consumers the ability to utilize the full
capabilities of the Xumanii platform including the ability to watch
events Broadcast Live in True HD™ in the comfort of the users
living room. Company founder and CEO Alexandre Frigon stated "These Apps will help
propel the Xumanii platform in terms of content distribution across
the globe and across all platforms available currently on any
device worldwide. In other words if it has a screen, we will be
able to bring you the broadcast there."
The company anticipates the first Xumanii Smart TV App to be
available to the public in the next 3 to 4 months after beta
testing has been completed. Mr. Frigon continued to say "All of the
research for the development of these applications has been
completed and we are now moving towards developing these Apps. With
over 100,000,000 Smart TV's expected to be in homes worldwide by
the end of this year we are confident that providing consumers with
a Live Broadcast platform such as Xumanii will be a very beneficial
addition to the Company's content distribution and IP portfolio. We
are confident that having this capability available to music and
entertainment fans worldwide will also create an additional revenue
stream that many other Company's that stream content online have
shown to generate.
He concludes "Our Team is working very hard to build the most
user friendly and accessible platform for everyone,
everywhere."
*Forbes Magazine Article:
http://www.forbes.com/sites/michaelwolf/2013/02/25/3-reasons-87-million-smart-tvs-will-be-sold-in-2013/
About XUMANII
Xumanii™ ("XUII" or the "Company") is an all-inclusive online
platform that provides users the opportunity to create a "Live
Broadcast" in true High Definition. Xumanii'sTM
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)