LAS VEGAS, NV--(Marketwired - Dec 9, 2013) - Mindpix Corporation (OTC Pink: MPIX) ("Mindpix" or the "Company"), a technology driven media services and entertainment company focused on owning, creating, or managing multi-platform music and entertainment, Sports and U.S Hispanic media properties announced that it was selected by React Presents to produce and distribute a free to air, worldwide webcast of the 2014 Spring Awakening Music Festival (SAMF). Spring Awakening Music Festival is Chicago's largest outdoor all electronic dance music (EDM) festival, featuring the top producers and DJs around from around the globe.
For the third consecutive year, Spring Awakening Music Festival will draw EDM fans from all over the world to see internationally renowned, award-winning DJs on four stages both in and around Soldier Field, home of the NFL's Chicago Bears. Since 2012, more than 100,000 fans have flocked to Chicago to see amazing performances from Skrillex, Calvin Harris, Moby, Bassnectar, Afrojack, and hundreds more.
"Spring Awakening Music Festival is excited to partner with Mindpix to showcase and stream live video from Chicago's premier EDM festival on a global platform and share the festival experience in homes across the globe," said Jeff Callahan, founder of Spring Awakening Music Festival.
Mindpix will be producing a multi-day, multi-camera live webcast of SAMF and will be responsible for global digital distribution sponsor development, as well other potential digital initiatives around the webcast to support SAMF, its sponsors, and DJs.
As noted by UBS analyst John Janedis, "Electronic dance music (EDM) is one of the most popular music and fastest growing music genres in the world, particularly among the millennial generation with a history of 20+ years of mainstream popularity in Europe." He valued the EDM industry to be one worth $4.5 billion, and estimated EDM sponsorship could bring in $150 million worldwide by 2015.
Victor Siegel, Chief Executive Officer and President of Mindpix Corporation says, "We couldn't be more thrilled to be working with the Spring Awakening Music Festival, the sponsors, DJs, and their exceptional teams on producing the live webcast for the 2014 Spring Awakening Music Festival. We are planning on some very unique surprises for potential sponsors and the webcast. We can't wait for June 2014."
About Spring Awakening Music Festival & React Presents
Spring Awakening was originally founded in 2008 as a single night event at the Congress Theater featuring Benny Benassi, ATB, Above & Beyond, and more. The event eventually outgrew the theater, and in 2012 Spring Awakening Music Festival was relaunched as an outdoor two-day event at Soldier Field headlined by Skrillex and Afrojack. In 2013, the event expanded to three days with Bassnectar, Calvin Harris, Moby, and many more artists.
Spring Awakening Music Festival is produced by React Presents. Founded in 2008, React Presents is a full service club, concert, and festival promotion company based in Chicago, IL. React Presents owns and operates the MID and the Concord Music Hall, and books select events in venues across the Midwest, with offices in Los Angeles, Detroit, and Milwaukee. React Presents produces four festivals: Spring Awakening Music Festival, North Coast Music Festival, Forever Festival, and Summer Set Music & Camping Festival.
About Mindpix Corporation
Mindpix Corporation (OTC Pink: MPIX) is a technology driven multi-platform media company focused on owning, creating and/or managing multi-media entertainment and sports and US Hispanic properties across the globe. Through a unique eco-system, MPIX provides the critical on-line video technology, production, digital marketing, audience development, payment services, sponsor acquisition, digital and traditional media distribution services to drive revenue for live and VOD (video on demand) events globally.
MPIX disclosure and financial information is published on OTC Markets and can be found at the following site: http://www.otcmarkets.com/stock/MPIX/filings/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.