New York, NY (Top40 Charts / Ubiquity, Inc.) Ubiquity, Inc. (OTCBB:UBIQ) ("Ubiquity" or the "
Company"), announced that it has signed a five-year, $3.75 million licensing deal with Dash Radio, Inc. for its premier product: the Sprocket. The Sprocket is an intuitive customizable navigation application, with an interactive dashboard, that allows users to seamlessly access their favorite social applications, apps and online destinations in one easy-to-use application.
Dash Radio, founded by CEO Scott "DJ SKEE" Keeney, and other technology luminaries, is the world's largest digital radio network and is curated by real DJs who have the freedom to offer original content organically created for their audiences. DJ SKEE is not just a prolific DJ, but also a pop culture icon, producer, television host, and radio personality. He is the host of SKEE TV, a digital platform that has amassed over three billion views to date. The Sprocket will be customized for DJ SKEE and his media properties.
DJ SKEE said: "I have built my brand around identifying trends early, and always pushing the boundary. Sprocket brings us a new era of user interfaces focused on ease of use and convenience. I am excited to roll it out through our multiple mediums, reaching hundreds of millions of consumers, in our video and radio properties, and being first in the space to deploy this incredible new technology. Ubiquity's Sprocket platform provides a new type of seamless interaction for Dash Radio, giving our listeners an even faster and easier system to enjoy our 70 plus commercial free stations as we grow."
Ubiquity CEO Chris Carmichael said: "DJ SKEE is known for digital innovation and we are pleased that he has chosen Ubiquity's Sprocket for Dash Radio. We look forward to rolling out the Sprocket with this popular radio network and enhancing the platform's user experience."
About Ubiquity, Inc. (OTCBB: UBIQ)
Based in Irvine, CA, Ubiquity is a vertically integrated, technology-focused media company. Ubiquity is focused in five specific areas with a robust portfolio of patents and intellectual property. The Company has developed an intuitive user interface making access to all content from any device in a simple, consistent format. Ubiquity enables the search and identification of any object and image in all video and digital media and has developed a platform for mobile transaction including the integration of payments, money transfers, coupons and gifts. Ubiquity has also developed an industry-leading, intuitive, immersive consumer experience for all web-based activity. Finally, the company allows for the personalization of all content, whether public or private, in a unique accessible way. Ubiquity's intellectual property and unique cloud-based technology combines
Mobile as a Service ("MaaS") with Software as a Service ("SaaS") to enable its customers to structure their content and data in a mobile cloud to deliver innovative user experiences to their multiscreen communities and audiences worldwide. Through Ubiquity Labs the company is leveraging an extensive portfolio of intellectual property spanning Web 3.0, immersive advertising, video compression, content distribution, e-commerce, and mobile applications to support the commercialization of new technologies. In addition, Ubiquity intends to pursue strategic licensing opportunities. Ubiquity, Inc. owns 51% of Sprocket Hong Kong Ltd., and receives 60% of the revenue generated from Sprocket HK Ltd. For more information go to www.ubiquitycorp.com
About DJ SKEE
Recognized as one of the most influential figures in today's entertainment business by both Forbes & Billboard magazine, DJ SKEE is carving a new definition for what a DJ is. With a thriving career as an entertainer and multiple ventures under his umbrella, DJ SKEE is at the forefront of popular culture. In raw numbers, DJ SKEE has generated over three billion media impressions in under a decade, and has a network of over 1,000,000 social network followers, SKEE can be heard daily on the radio, seen performing at the biggest events across the world, heard scoring movies & video games or remixing today's biggest artists, running a record label, production company, and marketing agency as well as owning a retail store chain. For more information go to https://djskee.com/.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words "estimate," "project," "belief," "anticipate," "intend," "expect," "plan," "predict," "may," or "should," and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the failure of the business strategy, the integrity of the Company's patents, proprietary intellectual property, and competition. The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events, including the risk factors set out in the Company's 10K/A for the year ended December 31, 2014. See the sections entitled "Risk Factors" in Ubiquity's quarterly and annual reports as filed by Ubiquity from time to time with the Securities and Exchange Commission. The Company has assumed that the material factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events.
