LAGUNA HILLS, CA, June 12, 2018 (GLOBE NEWSWIRE) -- MC Endeavors, Inc. /Room 21 Media (PINKSHEETS: MSMY) and 05Media Inc. today announced a broad partnership that enhances the Room 21 Media technology position to offer next generation health care and entertainment video networks, while remarkably expanding the 05Media reach into the entertainment media industry and other key, high-growth markets. The announcement was made by John Stippick, CEO of MC Endeavors/Room 21 Media. John stated “We have chosen to strategically partner with 05Media to launch a dynamic and comprehensive AI and cloud-based Media and Social TV OTT platform. This new platform will revolutionize the way businesses engage their customers by combining the most popular social media features of Facebook, Netflix, and YouTube all on one platform. The artificial intelligence technology features Watson, the IBM AI Engine, to enable content and advertisers to match to a thorough buying profile of consumers generating revenues from new sources through highly targeted advertising. It combines the power of Entertainment, Socialization, Commerce, Communication and Interaction all in one”.
Sai Agahi, the CEO of 05 Media said "The partnership is a strong strategic fit, leveraging the two leading companies’ respective strengths.” Sai Agahi, added “I am very pleased to join hands with John. He has impeccable relations with key players in the media industry, and the wisdom necessary to think “outside of the box” to succeed in the new business environments. He also has demonstrated solid experience launching technology and content ventures. I feel confident he will contribute towards achieving 05Media strategic partnership’s goals”.
Mr. Stippick concluded, “I’m particularly excited for MC Endeavor Inc./ Room 21 Media shareholders as we provide the most advanced video platform on the market enabling our enterprise and subsidiaries such as TheShare.TV to realize significant revenues during 2018.”
The Room 21 video platforms will be available as an App on both Android and iOS App Store.
About MC Endeavors, Inc.
MC Endeavors, Inc. (OTC Pink: MSMY), an innovator in social commerce platforms, is committed to becoming a leading global social commerce company that utilizes a single core platform, Room 21™, to produce, distribute, and monetize online communities for individuals and businesses that interact with industries ranging from industrial business to healthcare to entertainment.
About 05Media:
05Media is a comprehensive and disruptive AI and cloud-based Media & Social TV OTT platform that combines the power of Entertainment, Socialization, Commerce, Communication, and Interaction all in one! 05Media revolutionizes the way businesses engage their customers by combining the most popular social media tools and interactions with streaming video content. In the form of a cloud-based OS infrastructure and client apps, the platform enables businesses to deliver content to their customers through a new media, engage consumers through meaningful interactions, and generate revenue from new sources through targeted and unique advertising.
About TheShare TV, LLC
TheShare TV, LLC is a wholly owned subsidiary of MC Endeavors, Inc., and is the first and only network channel for addiction treatment and recovery lifestyles. The network is developing, producing, and distributing original addiction treatment and sober lifestyle television programming to a worldwide audience. The original programming promotes long term recovery, inspiration, and awareness through education, support, music and entertainment. For more information, please visit https://twitter.com/TheShareTV.
Safe Harbor Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.
SOURCE MC Endeavors, Inc
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