Leading European Manufacturer of Turn-Key Multimedia Solutions for Venues Plans to Expand Its Production and R&D to the USA
COMPANY MERGER ANNOUNCEMENT
Washington, D.C., March 21, 2017 (Newswire.com) - ColosseoEAS a.s. and Colosseo USA, Inc. have announced plans to merge and invest $11 Million in a new US manufacturing and R&D facility conducting projects involving some vibrant US start up tech companies.
"The mission is clear," said Jan Jenca, Co-founder & CEO of ColosseoEAS. "Constant tech innovations, brought to sports venues by our R&D, are establishing us as an industry leader. The US business environment is becoming very attractive and we see great business opportunities within the US sports venue market. Our US partner has established a solid position for Colosseo technologies at one of the busiest and most diverse sports venues in the US, the Verizon Center in Washington, DC. We are currently in the process of evaluating multiple possible facility locations.”
For Joseph Bocko, President & CEO at Colosseo USA, Inc., time is of the essence. "Fans today, demand the same sophisticated and informative game presentation at the live venue that they can easily enjoy on their TVs in the comfort of their living rooms. Sports venues' biggest competitors nowadays are phenomenal home entertainment systems fed by highly sophisticated TV broadcasting. Sports venues and sports franchises must react by revolutionizing the live game experience within the venue, in order to grow the fan base and maximize the monetizing potential of advertisements. Local R&D accelerates this process and brings us closer to our US customers."
ColosseoEAS, Inc. is the producer of the first completely integrated software platform for digital content creation and distribution for venues. With custom designed LED display systems, timekeeping/scoring systems, mobile applications and interactive IPTV, Colosseo has developed the most complete turnkey solution for sports venues, convention centers, shopping malls and transportation available on the market today. With over 60 installations in North America, Europe and Asia in the past 7 years, Colosseo is taking multimedia management, interactivity, entertainment and infotainment to the next level.
Source: ColosseoEAS, Inc.
