GRASS VALLEY, CA — (Marketwired) — 04/29/16 — Simlatus Corporation (OTC PINK: SIML) — announces today that it has released its new website for public access. Simlatus is the leader in commercial broadcast systems and manufactures all of their products in Grass Valley, California; the digital media hub serving the Silicon Valley and Bay Area with high quality broadcast equipment used by CBS, NBC, ABC, FOX, ESPN, DirecTV and many other major broadcast studios.
Gary B. Tilden, Chief Executive Officer, stated, “We are building a more modern website to serve our clients better and provide easy access portals for our investors. Our old website, rjmandassociates.com, will soon be removed once we have tested and approved the new Simlatus website.”
The company has over 50 products that have been sold over the past 15 years to major broadcast customers. The new SyncPal product will be available in 2017, and will target a $30M revenue stream from a portion of the company–s customer base.
The company is expecting a steady and positive growth rate over the next 24 months, while designing a new product line for the $120B augmented/virtual reality product industry. Stay tuned for more information on this new product line.
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.
Investors:
Gary B. Tilden
CEO
Simlatus Corporation
(800) 390-8446
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