BELLINGHAM, WA--(Marketwired - Feb 28, 2014) - VID3G, INC. (OTC Pink: VIDG) Vid3G is readying their mobile launch for the Asian market. The cutting edge video technology will be marketed to all of the social media platforms in the Asian markets. With Sina Weibo and Tencent QQ Blogger it will be offered to over 800 million customers. The video technology of Vid3G will be available on mobile devices, including Android and iOS (Apple). Vid3G will be the first company to come to market using VP9 compression technology from Google to deliver the highest quality video. Targeting the general consumer will enable Vid3G to attain massive name recognition throughout Asia.
Our video technology, patented with the Chinese Academy of Sciences, has been under development for over 5 years and is now ready to be rolled out. The management and technical team are highly qualified and respected throughout Asia, further assuring Vid3G's success. Facebook, Instagram, Snapchat, Twitter/Vine are all banned for use in China giving our technology a competitive edge. Vid3G is now ready to capitalize on the massive market in Asia and then expand to North America. The outstanding technical people involved are as follows:
Dan Clayton - CTO-VID3G - Mr. Clayton excels in continuous innovation in internal application. He is a graduate of Harvard University with a degree in Computer Science & Engineering. Previously he was at DigitalNet where he was a Co-founder & CTO. The company was sold in 2004. Dan Clayton also works closely with the Institute of Computing Technology and China Academy of Sciences. He specializes in the field of video search and multimedia analysis and procession technology. He leads a seventy person research team of professors and doctoral degree holders. The company has identified significant management talent that is in fact advising the company.
Dany Bolduc Senior Marketing Advisor - Mr. Bolducs career encompasses 20 years in executive senior management and sales leadership roles in the telecommunications, e-commerce and travel industries across North America, Europe and Asia. With a broad and diversified background in general management, finance, sales, mobile platform strategy and applications along with traditional and digital marketing including social media, partnership and joint venture formation, channel management and distribution, product and supply chain management, he has an exceptional perspective of what it takes to be successful in complex business and cultural environments, whether in emerging or mature domestic markets, enterprise and consumer.
Mr. Bolduc was Vice-President - Thailand, Malaysia & Vietnam - BlackBerry from August 2010-September 2011 in Singapore. He was responsible for expansion of BlackBerry smartphones sales across retail and enterprise channels, including open market distribution. He oversaw all in-market activities including formation of regional go-to market strategies.
Mr. Bolduc serves as Regional Director - Asia Pacific, Benelux & Scandinavia for BlackBerry January 2005-July 2010. He was responsible for the management and expansion of BlackBerry sales and commercial relations with Vodafone mobile operators in Hong Kong, Singapore, Sydney and Mumbai. Mr. Bolduc spearheaded the inception and implementation of best-practice programs globally, negotiating several exclusive supply agreements for hero product status with operators.
Matthew Harrington appointed as COO - Mr. Harrington is a focused business entrepreneur with twenty five years of experience in private and public sectors. He has built companies in the area of information technology, consulting & professional experiences. His expertise lies in leveraging client contacts to drive more business volume in multiple locations, while developing new business opportunities and growth with existing clients. Most recently Mr. Harrington has been a senior business development consultant working with emerging growth companies listed on the Toronto Exchange, American Stock Exchange, as well as NYSE, OTC Bulletin Board and open market and entry standard reputation for strong leadership and strategic thinking.
Roy Bosa CEO of Vid3G, Inc. states that "With our management and technical team we are at the threshold of making a massive entry into the video technology market. We will continue to improve and keep employing new strategies in marketing and technology to enable our shareholders the opportunity to be part of something special. My thanks to all of the hard working technical people who have been the main drivers in Vid3G, Inc. reaching this milestone."
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases "would be," "would allow," "intends to'" "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.