BELLINGHAM, WA--(Marketwired - Oct 28, 2013) - US MINE MAKERS, INC. (OTC Pink: UMKR)/Vid3G are proud to release via YouTube and the corporate website, www.vid3g.com, a video demonstration of our cutting edge technology. The video, which is approximately two minutes in length, shows how the video technology works on a mobile device, along with an overview of the product. The launch of our video technology is scheduled for the first quarter of 2014. The marketing will first be done in the Asian market where over 800 million users of the popular Sina Weibo and Ten Cent QQ Blogger will be offered an app unlike any current video technology. We believe that targeting the general consumer in Asia enables Vid3g to be identified with video technology on mobile devices.
Vid3G's mobile app will be the first one to come to market using VP9 compress technology from Google to deliver higher quality video. VP9 is new software encoding from Google. Vid3G has also completed development of H.265, which will be able to deliver higher video quality on social platform with half of mobile network bandwidth.
Vid3g video technology is patented with the Chinese Academy of Sciences. Dan Clayton CTO, UMKR/VID3G states, "We have been working on this technology for over 5 years and now we are about to embark on a new and advanced way of taking and viewing videos on your mobile devices." Dan Clayton further states, "I want to thank all of the hard working technical people who have helped us achieve this milestone in our business."
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.
- Information Technology
- Technology & Electronics