Beverly Hills, California, Dec. 11, 2017 (GLOBE NEWSWIRE) — Modern Cinema Group, Inc. (OTCPK: MOCI) is proud to announce the signing of an agreement to co-finance the movie “The Kim Sisters” with one of Hollywood’s most successful producers, Lucas Foster and his production company “Warp LLC”.
The movie “The Kim Sisters” is a highly engaging story about three teenage Korean girls who survive the Korean war and near-starvation to become a popular act for East Asian military bases and USO tours in the 1950s. After being discovered, these young girls were invited to America where they become a staple on television variety shows not to mention their long-running engagements in Las Vegas during the days of the legendary Rat Pack. With their 25 appearances on the Ed Sullivan Show, they are known as the most beloved vocal group in the show’s history. Their story has been referred to as the greatest Korean-American story never told.
Lucas Foster, the producer of many successful action movies selected this project as his next production because it’s a classic ‘rags-to-riches’ tale with a very emotional core journey. Lucas Foster is well known in Hollywood and around the world for producing Mr. and Mrs. Smith with Angelina Jolie and Brad Pitt. Mr. Foster has also produced hits such as Man on Fire with Denzel Washington, Law Abiding Citizen with Jamie Fox and Gerard Butler and Equilibrium with Christian Bale. Additional movies produced by Mr. Foster are Crimson Tide, Dangerous Minds, Bad Boys and Jumper, among many others.
As for the financing provided by Modern Cinema Group, it’s new media exchange will be used to raise the necessary funds by way of selling “futures” contracts to market makers, brokers, speculators and retail traders around the world. A significant effort will be made to sell contracts starting in January of 2018. This movie will be the first of many that will use the Modern Cinema Group exchange for its financing needs.
The production budget for The Kim Sisters will be more than 20 million dollars and will involve top Korean talent with world-class music and dancing. It’s expected to draw interest from international audiences attracted to stories about young performers with a dream of making it big. The story is filled with music and choreography similar to hit musicals such as Dreamgirlsand La La Land.
Says Ross Cooper, CEO of Modern Cinema Group, “We are thrilled to participate in the financing of The Kim Sisters. We have seen the dramatic rise of interest in all things Korean since the early 2000s. Today, Korean dramas are some of the most popular in the world. Korean movie stars have achieved significant levels of success, equaling the brightest stars in the U.S. and around the world. Our goal is to take this extraordinary story and make it with one of Hollywood’s most successful producers, Lucas Foster.”
Says Lucas Foster, “I’ve had the pleasure of working with Ross and his team at Modern Cinema Group for almost two years now. He came to me back then with numerous patent applications involving new ways to finance, distribute and promote motion pictures. He has developed a compelling approach to solving many of the problems that plague the motion picture industry today centered around a novel media exchange. We are excited to see how it develops.
Pre-production for the movie is scheduled to start in early May, 2018 with principal photography to start around August 2018. Every effort will be made to bring “The Kim Sisters” to global theatres around the Holiday Season of 2018 if not shortly thereafter.
Modern Cinema Group based in Beverly Hills, founded in San Diego has spent the last three years designing and patenting new business and technology models that allow both producers and distribution partners to integrate their systems in such a way as to leverage each other’s natural advantages.
Warp, based in Los Angeles, has spent the last 20 years developing and producing motion pictures for 20th Century Fox, Sony, Disney and others, not to mention its work in Virtual Reality with various large brands around the world.
FORWARD LOOKING STATEMENT
This press release contains certain “forward‐looking” statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward‐looking statements. The Company, through its management, makes forward‐looking public statements concerning it expected future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company’s ability to develop operations, the Company’s ability to consummate and complete the acquisition, the Company’s access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company’s public announcements.
Modern Cinema Group Inc. Website: www.moderncinemagroup.com Tel: 310-881-5500 E-mail: firstname.lastname@example.org
Retail Pro International Adds Reseller in Mexico, Increasing Specialty Retail Access to Unified Retail Pro POS
Retail Pro International deepens investment in Mexico specialty retail with addition of another reseller partnership, POS Latinoamericana.
Folsom, CA, Jan. 04, 2019 (GLOBE NEWSWIRE) — Retail Pro International, developer of global, flexible Retail Pro POS platform, announces deeper investment in Mexico retail by expanding their existing local reseller channel in partnership with Naucalpan-based IT company, POS Latinoamericana.
Specialty retailers will benefit most from this partnership, gaining greater access to software that top retailers like Samsonite, Puma, Oakley, Adidas, Diesel and Under Armour use to centrally manage in-store and ecommerce retail – Retail Pro.
Current efforts for Retail Pro International include a focus on helping retailers unify data and operations in Retail Pro, a platform store-management software. Unified data gives end-to-end visibility, helping retailers accomplish the following:
Uncover areas for performance improvement
Improve replenishment across channels
Increase efficiency in store operations
Retail Pro International CEO, Kerry Lemos, comments, “Mexico has sophisticated retailers, with high demand for modern POS technology that helps maximize ROI with better data-driven store management. We are pleased to meet that need with the introduction of more Retail Pro resellers to serve this market.”
Retail Pro International VP of Channel Sales for Latin America, Shaff Kassam, adds, “Retailers are equipped to make the most of their Retail Pro software through our Retail Pro Business Partners. Our partners offer local IT support and training for retailers’ IT teams and provide technical expertise and consulting for tailoring Retail Pro software to a retailers’ needs and regional requirements.”
The developer currently supports 54,000+ retailers in 130+ countries via Business Partner services. The availability of this local support in regions worldwide gives retailers advantage when expanding to new markets in the global economy.
POS Latinoamericana CEO Hector Jaramillo comments, “We look forward to helping Mexico retailers improve productivity and competitiveness with Retail Pro software. Because the technology is localized for Mexico and is easily customized for a retailer’s specific business operations, we believe retailers will be better positioned to respond quickly to industry change and increase profitability.”
ESS Technology Introduces Suite of USB CODECs featuring Audiophile SABRE DACs
MILPITAS, Calif., Jan. 04, 2019 (GLOBE NEWSWIRE) — ESS Technology, the industry leader in audio and analog design, announced today a series of USB Low-Power Audiophile CODECs that feature QUAD DAC™ Technology. Intended for use in headsets and audio adaptors that demand high-quality sound, the new line of CODECs can support end-to-end audiophile quality. The family is built around a low-power USB controller that supports USB 1.1 & 2.0, and can handle audio data rates up to 32-bit 384kHz PCM. At its heart is the legendary SABRE® DAC audio converter with HyperStream® II modulation that provides the ultimate in sound quality and stable sound field. The integrated headphone amp delivers that performance all the way to the headsets with up to 2.0Vrms output voltage, ensuring plenty of headroom for demanding headsets.
The highly-integrated parts also include all the needed blocks to make designing a USB audio system simple, including jack detect, button detection and GPIO inputs/outputs for custom buttons or switches. Reference designs are available for USB-C audio adaptors and USB-C headsets, and the parts can be easily customized using external EEPROM.
The ES9281PRO is the flagship of the new line and can provide best-in-class audio performance at 124 dB DNR and -112 Total Harmonic Distortion plus Noise (THD+N).
The ES9281PRO is the first USB product to offer an integrated hardware MQA (Master Quality Authenticated) renderer that makes MQA playback easy and cost-efficient. MQA technology is becoming widely accepted as the standard for distributing ultra-high-quality music across a variety of platforms. The encoding process folds extra information into the signal that can be recovered later. The subsequent “unfolding” process takes place in two steps: the first unfold, called Core Decoding, can be done on most DSP systems, including software included in smartphone applications. The final step in the unfolding, called rendering, needs to be done in tight cooperation with the DAC. The ES9281PRO will automatically detect the MQA stream and engage the rendering; the entire process requires no additional design work.
An integrated Audio Signal Processor (ASP) allows for creating real-time audio filters for use as Active Noise Cancelation (ANC), customized Parametric Equalizer (PEQ), Sidetone, or other filter-based audio effects.
The ES9280PRO offers the same impressive audiophile features as the ES9281PRO but without the MQA rendering. Both products feature a wide range of additional input formats beyond USB. In addition to the standard microphone support, they feature stereo line input and 8-channel I2S, allowing it to act as USB audio bridge for desktop audio player applications.
The third product in the line, The ES9270, offers a streamlined solution focused on creating high-quality headsets and dongles. The ES9270 can provide 117 dB DNR and -110 Total Harmonic Distortion plus Noise (THD+N) and features the same low-power audio controller as the flagship, without the ASP or I2S bridge. These parts are ideal for mainstream USB-C headsets and adaptors that still want great sound.
Samples, evaluation boards, and reference designs are available now for all three parts; in addition, the ES9281PRO will be featured for listening in the ESS demo suite at the 2019 CES show in Las Vegas, January 8th – 11th. For more information, contact your local sales representative.
Suneratech Named as Most Innovative Cloud Managed Services Provider Partner of Oracle
Woodridge, IL — (ReleaseWire) — 10/26/2018 — Suneratech has been named as Most Innovative Oracle Cloud Managed Service Provider (MSP) Partner. In a recent annual audit by an Oracle authorized external auditor, Suneratech showed a very strong commitment to Oracle Cloud as evidenced by providing Managed Services on Oracle Cloud for customers with application deployments (both Oracle and Non-Oracle) with Oracle IaaS and Oracle PaaS.
Oracle Cloud Managed Service Providers (MSPs) qualify into the program by exemplifying their capacity to manage customers’ cloud infrastructure, and/or end-user systems, and provide services including cloud advisory, service migration, DevOps, provisioning and orchestration, monitoring, 24×7 monitoring, incidence and change management, and cloud optimization, among many others.
“The Oracle Cloud Managed Service Provider (MSP) program identifies and recognizes partners who have skills, tools and processes to build, deploy, run, and manage Oracle and non-Oracle workloads on Oracle Cloud Platform. Suneratech’s cloud experts have a profound understanding and capabilities in helping customers adopt, migrate, and implement a range of Oracle Cloud initiatives enabling enterprises towards their successful digital transformation journey,” said Ravi Reddy, CEO of Suneratech.
Suneratech’s services that complement the Oracle Cloud include:
– Cloud-led business transformation services
– Cloud workload management for Oracle and other public and private cloud systems
– Multi-cloud and Hybrid IT application integration and orchestration services
“Many customers of Oracle want to migrate application and database workloads to cloud infrastructure, add cloud platform to extend and modernize their applications, and digitalize the business processes. Organizations can leverage Suneratech’s cloud capabilities to adopt cloud and make their digital transformation journey. Being an Oracle MSP means that Suneratech can directly provide Oracle Cloud Services to customers as part of any hybrid IT or modernization project” said Sreeni Setty, VP of Cloud Solutions, Suneratech.
“Suneratech’s performance and compliance to the requirements of the Oracle Cloud Managed Service Provider Accreditation was exemplary. The capabilities and competencies evidenced reinforced Suneratech’s recognition as the #1 Oracle’s Velocity Cloud Partner at the Oracle Digital Town Hall 2018. Suneratech’s Oracle Cloud Managed Services portfolio across IaaS, PaaS, SaaS & TaaS is powered by a wide spectrum of innovative automation, tooling and industry assets thus rendering the ability to deliver significant thought leadership and operational efficiencies for Suneratech customers in Oracle Cloud Managed Services” quoted Natrajh V Narayann, Lead Auditor & MSP Partner Transformation Consultant, Information Security Systems International, LLC
The key strengths of Suneratech as a Cloud MSP include the following in the audit report :
Providing Managed Services on Oracle Cloud Platform for customers with application deployments (both Oracle and Non-Oracle) with Oracle IaaS and Oracle PaaS.
Suneratech demonstrates a strong pre-sales expertise to assist customers in their unique journey to the cloud in Oracle IaaS and PaaS offerings in the areas of Data Management and Infrastructure.
Suneratech has also been recognized to have a very mature and a well-established practice in implementing Oracle Cloud Dev-Ops with the aid of in-house automation tools such as DOX and CloudTestr. These are extensively used for supporting application development for Oracle EBS.
Suneratech is well positioned for delivering projects on Oracle Cloud with their reference architectures, custom images, custom scripts and cookbooks, and solution accelerators. Examples are Reference Architectures for Oracle Infrastructure, Data Management & Application Development PaaS Services, Custom scripts and cookbooks for Oracle Cloud Infrastructure, Data Management, Integration, Analytics Platform Services”
Sunera Technologies Inc. which includes Sunera Technologies Pvt. Ltd, together known as ‘Suneratech’, with Headquarters in Chicago, USA, and has offices in India, Canada, Australia with now close to 1,000 employees serve a broad range of industries of Automobile, Manufacturing, ISV’s, Financials, Healthcare, etc., since 2008. Suneratech is Oracle Cloud Standard and Platinum level member of Oracle PartnerNetwork. More recently, since 2016, Suneratech has been delivering Managed Services on Oracle Cloud Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) Cloud Services. Suneratech also has strong expertise in implementing Oracle Software-as-a-Service (SaaS) with a focus on Oracle ERP, HCM, and CX Cloud Services.
Suneratech offers digital transformation of enterprise companies through IT automation and digital solutions to Oracle customers. This includes the supply chain IoT platform-eSeal, the intelligent Bot-enabled customer support platform-Meltag, the test automation platform-Cloudtestr, the DevOps automation platform-DOX, and the cloud application management solution-CLOQ. Based on its proprietary SWITCH framework, Suneratech enables companies to transition to digital through automation, migration, and innovation with its comprehensive suite of services and solutions.