HOLLYWOOD, Calif., May 10, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- Aftermaster Audio Labs, Inc. (OTCQB:AFTM) of Hollywood, CA, today announced a strategic partnership agreement with Advantego Corporation (OTC PINK:ADGO).
The agreement gives Advantego the rights to promote and distribute Aftermaster’s proprietary consumer TV audio product, Aftermaster Pro (patents issued and pending), to thousands of professional clinics serving the hearing impaired (audiological) market in North America.
Smaller than an iPhone, the Aftermaster Pro is a revolutionary product that works with TVs, sound bars and add-on audio systems to address the biggest TV audio problems existing today: not being able to hear dialogue clearly and overly loud special effects.
The Aftermaster Pro is a Personal Audio Remastering Device that transforms television audio from virtually all audio/video sources and raises and clarifies dialogue and vocal levels while making all surrounding audio sound substantially clearer and leveled. The Aftermaster device is especially effective for those that are hearing impaired.
Aftermaster Audio Labs, Inc. CEO Larry Ryckman states, “We have found that our Aftermaster Pro is especially coveted by the hearing impaired for watching TV. Our device doesn’t just boost the dialogue portion, it delivers unparalleled clarity, depth, fullness and volume throughout the entire frequency range without any compromises. Unlike other audio post-production processes, we preserve the original intention of an audio event and bring greater clarity, depth and amplitude to all the audio elements without changing the integrity of the underlying production."
In announcing the partnership, Robert W. (Rob) Ferguson, Advantego’s chief executive officer, said, “This product is a perfect addition to the marketing campaign that we are conducting with some of our other strategic partners to promote public awareness about hearing loss and provide support products to patients and family members visiting the 15,000+ audiological hearing aid clinics in North America.”
“Aftermaster has an elite group of music and audio tech veterans who are proud to claim the largest discography of hit recordings of any audio technology company in the world,” Ferguson continued. “They are the experts in knowing how to produce high quality sound.”
“After I listened to a before-and-after comparison, I knew it would have tremendous benefit, not just for the hearing impaired, but for anyone who wants a richer listening experience,” Ferguson pointed out.
The Strategic Partnership Agreement is expected to be followed shortly by a Definitive Agreement and initial Program Rollout within the next 100 days. During this time, both parties have agreed not to solicit or entertain competing offers for similar products and/or services aimed at the audiological business sector.
ABOUT AFTERMASTER AUDIO LABS
Aftermaster offers a variety of professional products include Aftermaster Pro, Aftermaster Studio Pro and Aftermaster Digital Signal Processing (DSP) embedded technology for a wide range of audio enabled products. AfterMaster, Inc. and its subsidiaries are engaged in the development and commercialization of proprietary, leading-edge audio and video technologies for professional and consumer use, including AfterMaster HD Audio and ProMaster HD Audio. The Company's wholly-owned subsidiaries include MyStudio, Inc. and AfterMaster HD Audio Labs, Inc. Website: www.aftermaster.com.
ABOUT ADVANTEGO CORPORATION
Advantego Corporation (OTCPK:ADGO) designs, develops and implements digital communications and intelligent software solutions as a specialized Business Process as a Service (BPaaS). The Company’s products and services are provided through its wholly-owned operating subsidiary, Advantego Technologies Inc., which leverages its proprietary “Intelligent Solution Platform.” This platform combines existing data and systems and integrates “best in class”, third-party technologies to provide a comprehensive, managed solution that significantly enhances internal operations and marketing efficiency. These elite, custom business solutions are available to large enterprises, affiliate networks and franchise operators as all-inclusive, managed bundled services. The Company also offers a variety of stand-alone products specific to targeted industries. Website: www.advantego.com.
This news release may contain forward-looking statements within the meaning of the Securities Act. As a general matter, forward-looking statements may reflect our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business.
These statements may be identified using forward-looking terminology such as "may", "will", "expects", "plans", "estimates", "anticipates", "projects", "intends", "believes", "outlook and similar expressions. The forward-looking statements contained in this news release are based upon our historical performance, current plans, estimates, expectations and other factors we believe are appropriate under the circumstances. The inclusion of this forward-looking information is inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ materially from the results discussed in the forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: our business and investment strategy; our projected operating results; estimates relating to our ability to make distributions to our stockholders in the future and economic trends.