QualityStocks News - NB Manufacturing Acquires MovieSocial.com Domain
Scottsdale, AZ, Nov 13, 2012 (PRWeb.com via COMTEX) --
QualityStocks would like to highlight NB Manufacturing, Inc., a publicly traded company, and its wholly owned subsidiary, Xhibit, a cloud based technology development company with its primary historical focus on digital advertising, and a recently expanded focus on online and mobile social media, games and CRM (customer relationship management) solutions. (Xhibit uses the term "cloud based" to refer to web and app based access to server side software delivered over a network of servers and platforms, where users are not required to install Xhibit's software on their computer, phone, tablet or laptop to access the software.) Xhibit is aware of the changing direction of offline advertising to digital advertising and the benefits of streamlined cloud based solutions. It has positioned a talented group of employees which it believes are capable of releasing a broad spectrum of tools and media to capitalize on this opportunity in ways management believes no other company has done. Xhibit has a proven engine to develop these cloud based products and business solutions.
In the company's news yesterday,
Xhibit Interactive LLC, wholly owned subsidiary of NB Manufacturing, has acquired the Internet domain MovieSocial.com, marking a new addition to the company's Intellectual Property (IP) and social media portfolio.
Xhibit plans to plot the new domain as a new social media property focused on promoting social interaction and growing a membership base centered on motion pictures and the movie going public.
Xhibit also has plans to make the domain available as a mobile app on leading mobile platforms and devices. Xhibit's chief digital architect, Mirco Pasqualini, explained that the interactive site/mobile app will allow users to browse the latest movie trailers, buy tickets, invite friends, and even find a "movie partner." The site will eventually serve as a public forum where members can discuss, blog, and vote on movies to earn interaction-based rewards.
The MovieSocial platform is also designed as an advertising tool used by production companies and studios to deliver movie trailer views to interested people throughout the site, mobile app, e-mail, and mobile traffic.
"We think that the motion picture and movie industry is a prime area for social interaction. It's a perfect spot for us to position Xhibit Interactive with an innovative social property that's designed to monetize advertising through a broad potential audience. Movies are a huge public attractor on a global scale and a great place to engage audiences," NB Manufacturing president and CEO Chris Richarde stated in the press release.
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
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