Ubiquity, Inc. Appoints Silicon Valley Veteran As New CTO
IRVINE, Calif., June 23, 2016 /PRNewswire/ -- Ubiquity, Inc. (OTCBB: UBIQ) ("Ubiquity" or the "Company"), a vertically integrated, technology-focused media company, announced it has appointed Silicon Valley veteran and former NASA Jet Propulsion Laboratory veteran software engineer Jonathan Kalbfeld as CTO of Ubiquity, Inc. Kalbfeld's appointment is part of the expansion of Ubiquity's management team, which includes a new CEO, a new Studio head and the appointment of a Chief Creative Architect and is effective July 18, 2016.
Ubiquity CEO Nick Mitsakos said: "As we continue to expand and enhance Ubiquity's management team, appointing an experienced CTO to lead our growing engineering and development teams is a key part of our overall strategy to grow the company and enter new markets. Jonathan is a tremendously talented CTO and brings the perfect combination of technology and media experience to Ubiquity. His appointment will accelerate development and growth of Ubiquity's core products and patented technology while allowing expansion into other revenue opportunities."
Kalbfeld said: "I am pleased and look forward to joining the talented team of Ubiquity. I am excited to expand and enhance the company's already robust, game-changing, and disruptive technologies as we continue the company's growth into virtual and augmented reality while creating new and exciting content offerings to the marketplace."
A Silicon Valley veteran engineer, Kalbfeld brings 20+ years of experience to his new position. Previously, he worked in DevOps and Enterprise Architecture for Junkin Media, a leading multi-platform media and entertainment company. While there he developed and implemented continuous integration methodologies to increase efficiency and solutions to enhance product scalability. At NASA's Jet Propulsion Laboratory he was a Senior Systems Engineer for 10 years where, among other things, he worked with the teams that launched the Mars Curiosity Rover and put the Dawn Spacecraft into the asteroid belt.
"In addition to his technology expertise, Jonathan has a great business background and an understanding of the complexities faced by public companies, making him an ideal fit for Ubiquity," said Mitsakos.
Kalbfeld has an MBA from California State University, Northridge and a B.S. in Business from Walden University.
About Ubiquity, Inc. (OTCBB: UBIQ)
Based in Irvine, CA, Ubiquity is a vertically integrated, technology-focused media company. Ubiquity is focused in five specific areas with a robust portfolio of patents and intellectual property. The Company has developed an intuitive user interface making access to all content from any device in a simple, consistent format. Ubiquity enables the search and identification of any object and image in all video and digital media and has developed a platform for mobile transaction including the integration of payments, money transfers, coupons and gifts. Ubiquity has also developed an industry-leading, intuitive, immersive consumer experience for all web-based activity. Finally, the company allows for the personalization of all content, whether public or private, in a unique accessible way. Ubiquity's intellectual property and unique cloud-based technology combines Mobile as a Service ("MaaS") with Software as a Service ("SaaS") to enable its customers to structure their content and data in a mobile cloud to deliver innovative user experiences to their multiscreen communities and audiences worldwide. Through Ubiquity Labs the company is leveraging an extensive portfolio of intellectual property spanning Web 3.0, immersive advertising, video compression, content distribution, e-commerce, and mobile applications to support the commercialization of new technologies. In addition, Ubiquity intends to pursue strategic licensing opportunities. Ubiquity, Inc. owns 51% of Sprocket Hong Kong Ltd., and receives 60% of the revenue generated from Sprocket HK Ltd. For more information go to www.ubiquitycorp.com
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words "estimate," "project," "belief," "anticipate," "intend," "expect," "plan," "predict," "may," or "should," and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the failure of the business strategy, the integrity of the Company's patents, proprietary intellectual property, and competition. The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events, including the risk factors set out in the Company's 10K/A for the year ended December 31, 2014. See the sections entitled "Risk Factors" in Ubiquity's quarterly and annual reports as filed by Ubiquity from time to time with the Securities and Exchange Commission. The Company has assumed that the material factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
Contacts:
Rubenstein PR
Loretta Mock
212-805-3067
[email protected]
Jeanne Turkheimer, Account Executive
212-805-3073
[email protected]
Photo - http://photos.prnewswire.com/prnh/20160622/382642
Logo - http://photos.prnewswire.com/prnh/20120328/LA78436LOGO-b
SOURCE Ubiquity Inc.
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article