CARSON CITY, NV--(Marketwired - Jun 28, 2013) - Xumanii® (the "Company") (
According to a recent Global Recorded Music Report released by Strategy Analytics'™ 2012 was a record year for multiple aspects of Digital Music. Globally Music Sales were $16.5 billion with Digital Music Revenues up 40% worldwide, marking the first time in U.S history that Digital music sales exceed Physical music sales.
Online streaming revenues exceeded over $1 Billion Dollars in 2012 and is projected to grow at almost five times the rate of download revenues in 2013, opening up a new frontier for Brands to reach their target audiences.
Even though the marketplace for the live-streaming of video over the internet has experienced unprecedented growth rates in viewership, according to GigaOM™, it is expected that world-wide, the market will more than double by 2014 to over 321 million monthly viewers. As technologies evolve and improve in the smartphone and smart TV segments it is expected that global viewership of online content could grow exponentially. Xumanii CEO Alexander Frigon stated, "What is great about the Live Stream Market is that viewers are 'pre-qualified' and 'quantified' so brands have the ability to target their audience like never before. We can offer our Advertising Partners very high CPM rates, regionalized campaigns so that different Corporations can participate during the same event, as well as high levels of interactivity with our Xumanii platform. Combined with the ever-increasing levels of viewership in the Live Stream marketplace and our unique platform offering a True HD™ experience on Computers and all major Smart Phone and tablet devices, we believe we are in the right place with the right platform at the right time."
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'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 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
