Simlatus Making Progress With the IBS Transformation
Simlatus develops, manufactures, markets, and owns proprietary commercial advanced broadcast equipment and software and sells this audio and video broadcast equipment worldwide. The company has an impressive customer base that has been purchasing Simlatus systems for the past 18 years, which includes CBS, NBC, FOX, ABC, ESPN and DirecTV. The company is now entering the$150 Billion ‘Immersive Technologies Device Industry‘ with its innovative Immersive Broadcast Studio “IBS” due to be released in late 2017, while at the same time introducing its new SyncPal® to the existing customers and additional 10,000 TV Studios in the US in early 2017.
Transforming the broadcast studio experience, Simlatus is now organizing to work with select broadcast studios to develop the stereoscopic virtual reality for studio engineers. With the new Simlatus experience powered by the proprietary IBS platform, the technology creates a natural viewing environment, transporting studio staff from their location direct to the studio. Engineers can access the experience by downloading the IBS Goggle/VR app to use with a Goggle/VR headset or head to Simlatus.com and participating technical authorized personnel websites for an immersive 3D management control system. Through the use of the IBS augmented reality architecture, the studio engineer can control the existing Simlatus commercial audio-video equipment.
Simlatus is enabling new ways to interact and experience digital content for its existing customer base with their broadcast activities. This new experience is made possible by the Simlatus IBS platform that power high-performance and power-efficient immersive technology platforms for hardware-enhanced trans-coding and Graphics Virtualization Technology for flexible, secure remote application delivery.
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Simlatus manufactures Broadcast Equipment that has been sold over the past 18 years through its 55 distributors to companies such as CBS, FOX, NBC, ESPN, ABC and DirecTV. In the past several months the company has sold products to FOX News, and DirecTV, as well as to one of the largest nuclear plants in the country using Simlatus products for their surveillance systems.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company’s operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company’s periodic filings with the U.S. Securities and Exchange Commission.