SOURCE: TouchIT Technologies Inc.
TROY, MI--(Marketwire - Sep 18, 2012) - TouchIT Technologies, Inc. (OTCBB: TUCN), a leading manufacturer of touch-based visual communication products, has announced today that it has launched TouchIT WebCast, a cloud-based streaming media service with a hardware recorder and online portal.
"TouchIT WebCast is a media presentation system that allows you to stream your video presentations over the Internet from a single location. This is perfect for any university lecturer or corporate executive," commented Andi Brabin, CEO at TouchIT Technologies. "They can then make their presentations available to multiple viewers on cross platform devices either live or on demand anywhere in the world," he added.
The TouchIT WebCast Recorder compresses and encodes the video, audio and multimedia feeds. When uploaded to The Cloud, this allows you to stream online, view on demand and even edit your recorded video. With TouchIT Technologies' existing product range you can present, train and teach. With the addition of TouchIT Webcast, we can now capture, store, stream and share those same presentations.
"TouchIT WebCast represents a reoccurring revenue stream for the company, its distributors and resellers," explained Andi Brabin. "The Cloud Services are annual contracts, they're reoccurring revenue that will be passed down the sales channel to our partners. It is a very interesting sales model that we believe our partners will like," he added.
TouchIT WebCast will begin shipping on the 1st of October in EMEA & Australia, with a roll out into the USA by the end of the year.
For further details, please contact TouchIT Technologies.
About TouchIT Technologies
TouchIT Technologies is a leading designer, producer and marketer of touch-based visual communication products. The Company manufactures a large range of touch screen and touch board products containing TouchIT's proprietary technology to suit all types of applications, from small LCD touch-screens to large interactive whiteboard displays, with applications to several industry segments including education, business, and government. Sales Offices have been established in London, UK, and Troy, Michigan, USA. For more information, please visit the Company's Website: www.touchittechnologies.com .
Forward Looking Statements
This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). TouchIT Technologies, Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties.