Enter Wall Street with StreetInsider Premium. Claim your one week free trial here.
The music platform is ready to reinvent the music industry for the benefit of artists and fans
DALLAS, TEXAS, August 31, 2022 McapMediaWire Frontera Group, Inc. (OTC Pink: FRTG) (“Frontera”, “Frontera Group” or “the Company”), today announced that Muziqq, Inc. (“Muziqq”) has selected the Company’s intellectual property as the basis for the new Muziqq music platform that will open a new chapter in the music production business. Muziqq will use Frontera’s IP which was recently acquired from Intellimedia Networks, Inc. to accelerate the realization of this new model which they believe will transform the music industry.
“We are excited about what we will accomplish through this partnership as we aim to create a reimagining of the music industry for the benefit of artists and fans everywhere. We believe that selecting Frontera Group and Intellimedia Networks as technology partners is critical to our success. Several announcements in the coming months will detail how Muziqq intends to revolutionize music and its positive impact on artists and fans. Muziqq will spearhead the next evolution of music,” said Clifford Lerebours, CEO of Muziqq.
“This is the completion of our acquisition of the Intellimedia intellectual property earlier this year. We believe our intellectual property enables the rapid development and deployment of various business models, particularly the entertainment, media and education verticals. The music world is about to undergo another fundamental shift with the new Muziqq platform, and we look forward to being a vital part of it,” said Andrew De Luna, Acting Chief Executive Officer of FRTG.
“We have a strategy of acquiring and investing in companies that we believe will be the next wave of new technologies, with a particular focus on applications that markets need and are ready to buy. Muziqq is the perfect example of our purpose,” said Mann Yam, Chairman of FRTG’s Board of Directors. “We will now work to uncover and fuel recurring revenue models across multiple markets.”
About Frontera Group
Frontera Group is a technology-focused company that seeks to strategically acquire intellectual properties and revenue-generating companies in the technology and human capital markets. It is developing a four-tier acquisition and execution strategy that aims to increase the profitability of its acquisitions in industries that traditionally have low and stagnant EBITDA multiples. In addition, the Company is currently pursuing several revenue-generating acquisition targets.
For more information, please visit the Fronteras website at www.frtgtech.com
About Intellimedia Networks
Intellimedia Networks is a US and India-based technology company that designs and deploys cloud platforms and applications that create immersive experiences. Intellimedia’s award-winning products use augmented reality, virtual reality and artificial intelligence to improve media, training, education, virtual event broadcasting, real estate and other applications. For more information, please visit the Intellimedia Networks website at www.intellimedianetworks.com
About Muziqq, Inc.
Muziqq is a US-based technology company that provides a new platform to benefit artists and fans around the world. Muziqq is led by an experienced team that includes a cross section of artists, producers, managers, publishers, technologists and social media influencers who are poised to bring about another evolution in music. For more information, please visit the Muziqq website at www.muziqq.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and Section 21e of the Securities and Exchange Act of 1934, as amended. These statements include the current intent, belief or expectations of the company and its management team. Forward-looking statements are projections of future events, revenues, revenues, savings, research, development, reformulation, product performance, or management plans and objectives for future operations. Some or all of the events or results anticipated by these forward-looking statements may not occur. Potential investors are cautioned that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements due to a variety of factors. The achievement of the strategy described here is significantly dependent on many factors, many of which are beyond management’s control. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, change of events, conditions, circumstances or assumptions underlying such statements, or otherwise.
Contact Frontera Group
Acting General Manager