SOURCE: Beamz Interactive, Inc.
SCOTTSDALE, AZ--(Marketwired - Oct 22, 2013) - Beamz Interactive, Inc. (OTCQB: BZIC), an emerging growth technology company specializing in state-of-the-art interactive music products, today announced a corporate interview with SECFilingsTV. As a leader in providing executive interviews and in-depth investment analysis, SECFilingsTV commentator Mike Elliot sat down with Beamz Interactive CEO Charlie Mollo to discuss the company's management team, recent developments and future growth plans for its new Beamz by Flo product line this holiday season.
During the interview Beamz Interactive's CEO, Charlie Mollo, stated, "Beamz has a really terrific financial model, which is one of the exciting things about the company. We have a relatively low overhead structure plus we've outsourced many things like manufacturing, distribution and a variety of the other activities that we require. The hardware product margins are in the 50%+ range -- very solid margins from a hardware prospective. And the content, which is really the long-term opportunity, is terrific from a margin perspective, with 80-90% margins on the additional content."
The new Beamz by Flo product line allows people of all ages to experience the fun and excitement of creating interactive music by simply moving their hands through laser beams. Utilizing Beamz Interactive's proprietary technology, users can create custom remixes of some of today's most popular songs, then instantly record and share their songs with friends.
To see the full interview on SECFilingsTV, please visit: www.thebeamz.com/secfilingstv
Through the company's partnership with Flo Rida, the "Beamz by Flo" product line features Flo Rida's latest songs and chart-topping hits. Flo Rida was recently named a Billboard Top 100 Artist for 2012 and is the best-selling digital hip-hop artist in the world, with over 600 million video views on YouTube.
Music fans can learn more about Beamz Interactive's music portfolio, and purchase their own Beamz by Flo interactive music system through the following link:
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About Beamz Interactive, Inc.
Based in Scottsdale, AZ, Beamz Interactive, Inc. (OTCQB: BZIC) has created state-of-the-art interactive laser controller technology that can be used to develop new market opportunities in a wide variety of music, education, healthcare, gaming and consumer applications. In its first application, the Company developed an innovative new music technology and product offering that brings music to literally everyone in a way that was previously not possible. Beamz allows people that have no musical background or training to play and enjoy music within minutes, yet it has the depth to enable accomplished DJs, artists and musicians to perform, compose and create highly sophisticated interactive music. Beamz Interactive's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices. For more information on Beamz, please visit: www.thebeamz.com.
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For comprehensive investor relations material, including fact sheets, multimedia resources, and videos regarding Beamz, please follow the appropriate link: Investor Portal, Beamz Product Video, and Investor Fact Sheet.
This press release may contain forward-looking statements that reflect the Company's current expectations and projections about future results, performance, prospects and opportunities. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks and uncertainties. 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 (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 by law, the Company assumes no obligation to update publicly or to revise these forward-looking statements.