WESTLAKE VILLAGE, Calif., Jan. 20, 2015 /PRNewswire/ -- The Board of Directors of Empire Film Group, Inc. (OTC Pink Sheets: EFGU) are pleased to announce the addition of a new management team and new corporate identity program newworldmediagroupinc.com.
Joseph Cellura, Chairman and Managing Director of EFGU, is pleased to announce a series of significant changes in the company beginning with the change of name to better reflect the business of the company and the appointment of a new, experienced and talented management team.
At year-end, a special annual meeting of three (3) shareholders who collectively own and control greater than 52% of issued and outstanding common shares of EFGU convened a special meeting to establish a series of significant changes that will be filed with the SEC in an S1 registration on or before March 30, 2015.
"Since becoming Chairman and CEO in May 2014, I have been working with an experienced group of individuals with a proven track record in digital media." Said Joseph Cellura, Chairman and CEO, Empire Film Group. "The first significant change we are making as a company is the formalization of a new corporate identity program and name change of the company from Empire Film Group Inc. to NEW WORLD MEDIA GROUP INC. ("NWMG") to more accurately reflect the business of the company."
In July 2014 the company announced the acquisition of Tarsin Inc. subject to certain terms and conditions of Tarsin's BOD. Tarsin has a rich history and proven track record in mobile media with over 12 years in business, providing products in 32 languages to a market of over 120 countries. Tarsin manages the development, integration, deployment and distribution of mobile content, which includes but is not limited to games of skill and chance into the emerging mobile devices market. "Given management's belief and understanding of mobile publishing and its future growth, our company will establish three (3) divisions in a go-forward plan. These include the following: (1) Mobile Publishing; (2) Wearable Device Technology that is published on the Tarsin platform; and (3) Digital Media & Entertainment." Added Cellura. "NWMG is a fully-integrated digital media, production and distribution company and mobile publisher with capabilities to reach mobile, theatrical, video, television, video-on-demand for the worldwide markets."
About Tarsin, Inc.
Tarsin takes brands mobile, and provides casinos and gaming operators with the runway to execute their mobile strategy. Operators can now de-risk launching and monetizing by utilizing our innovative mobile publishing, mobile wagering products on all mobile devices. The Tarsin platform technology is agnostic and services quickly and robustly. Through the Tarsin platform, clients can reach broad new revenue streams through a proven mobile publishing platform with a comprehensive mobile suite of distribution, marketing, location and payment capabilities.
"Having spent a decade learning and living the complexity end of mobile publishing, and solving compliance challenges, we will now be the engine powering expansion onto the widest range of mobiles in whatever territories a gaming operator chooses," said John Osborne, founder and current CMO/CTO of Tarsin, Inc., and a leader in mobile publishing. "Operators want to extend their brands and market reach by putting their loyalty programs, games and betting literally into the hands of their players." He adds, "People enjoy consuming media, content and games via their mobiles, and as US legislation begins to encourage gaming operators here to catch up with that behavior, we can look forward to bold innovation in gaming and wagering."
Features and facts
The Tarsin mobile publishing and wagering suite of Licenses and Right To Use agreements offers a unique portfolio of fully featured and proven mobile solutions which are critical to the nature of playing games where users can place a wager on their mobile device. Not least of which are identity confirmation, geo-fencing, geo-verification and geo-location by state or region, a suite of consumer billing options including Point of Sale "POS", as well as a high level of personal and corporate security safeguards which includes device authentication prior to each m-commerce transaction. Tarsin provides supporting professional services, design services and project management services which enable full systems integration with back-end gaming infrastructures, web front ends and bricks-and-mortar operations. The platform supports marketing program integration and execution, ensures high levels of distribution for operators, and ease of adoption for consumers. The Tarsin platform's inbuilt scalability and resilience supports propositions that are launched on both national and international footprints and can adapt to an ever- increasing rate of handset development. In 2013, mobile devices were reported to have surpassed the sale of computers for the first time in the history of computer based devices. Tarsin, via its suite of licenses and right to use agreements for mobile platforms, the company shall ensure that hardware is supported upon production release, thus maximizing the addressable mobile market in real time. Moreover, as of January 2012, the Tarsin platform technology supports over 1500 handsets, smartphones and tablets from 49 manufacturers. It is interoperable with 796 carriers and mobile operators worldwide including 51 in North America, and designs and publishes seamlessly across multiple variants of operating systems based on Apple, Android, Windows, Rim, Nokia, Java and BREW. Tarsin services and operate in 32 languages plus a further 5 regional variants, publishing over 3 million mobile applications to consumers."
SAFE HARBOR STATEMENT
This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/empire-film-group-announces-new-management-and-new-corporate-identity-program-to-better-reflect-the-new-business-of-the-company-300022666.html
SOURCE New World Media Group, Inc.
