Transaction Expands ProBility's Capabilities into Industrial and Medical Training, Healthcare and Entertainment
HOUSTON, TX--(Marketwired - Nov 28, 2017) - ProBility Media Corp. (
"We are incredibly excited to collaborate with VISYON's expertise in merging digital media and film with innovation, which has propelled it to one of the leading providers of immersive product development and technological social innovation in Europe," stated Evan Levine, Chairman and Chief Executive Officer of ProBility Media Corp. "For several years, VISYON has collaborated with leading universities and schools enabling students to learn faster and easier utilizing emerging technologies; supported health care by providing immersive experiences for patients with chronic medical conditions; raised awareness in environmental science by educating in the field of climate change; and, participated in hospitality by creating enjoyable simulated travel experiences. Together, the combination will leverage relationships, customers and technologies to build a formidable education and training technology company servicing a plethora of markets."
"We look forward to joining forces with ProBility Media, and combining VISYON's VR expertise with ProBility's capabilities and market share in the training marketplace to create new innovative technological solutions," stated Pere Perez, Chairman and Chief Executive Officer of VISYON. "ProBility's base of over 40,000 customers will open up new opportunities to add to our existing customer base, some of which include Samsung, Royal Caribbean, Google, WSJ, Iberdrola, Alzheimer Research UK and the Government of Catalonia."
For more information regarding the terms and conditions of the transaction, please refer to the forthcoming report on form 8-K filed today by ProBility with the Securities and Exchange Commission.
About ProBility Media Corp.
ProBility Media Corp. is an education and training technology company based in Houston, Texas, with offices in Florida, New York and Vermont. Through its divisions Brown Technical Media Corp., Brown Technical Publications Inc., Brown Book Shop, Inc., National Electrical Wholesale Providers, W Marketing, One Exam Prep, LLC, ProBility Safety Academy, ProBility Immersive Technologies, Cranbury International and its partnership with Globalsim Inc., ProBility is executing a disruptive strategy of defragmenting the training market place by offering high quality training courses and materials and preparing the workforce for excellence. ProBility services customers from the tradesman to the small business to the enterprise level corporation.
For more information, visit http://www.ProBilityMedia.com.
Forward-Looking Statements
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information included in this Press Release including such forward-looking statements.
Contact Information:
Contacts:
ProBility Media Corp.
Evan Levine
Chairman and Chief Executive Officer
Noah Davis
President and Chief Operating Officer
713.652.3937
Investor Contact:
PCG Advisory Group
Chuck Harbey
646.863.7997