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Sunday, December 08, 2013 10:08:35 PM
DBMM's Partner VMS Releases New Technology Roll Out and DBMM Public Market Update
NEW YORK, NY, Nov 19, 2013 (Marketwired via COMTEX) -- Digital Brand Media & Marketing Group, Inc. (OTCQB: DBMM) and VMS Holdings (VMS) have jointly announced an enhancement to the partnership relationship released to the press on August 18th coincident with Letter of Intent between the parties.
Reggie James, Co-Chief Operating Officer and Senior Vice-President Marketing and Communications commented, "As we continue to implement our business plan and finalize the Letter of Intent (LOI) into a Joint Venture, there is an additive phase being developed between DBMM and VMS Play with the release of Version 2 of the software." James added, "Video messaging is maturing with an audience in the billions with applications to match. With companies like Facebook's Instagram and Twitter's Vine helping to drive the sector, the recent news that Microsoft is introducing video messaging via Skype is a strong indicator that both deployment and adoption of this technology can only grow."
The various revenue streams provided by version 2 only enlarge the product offering both parties can integrate into their existing client development.
Magnus Kniving, CEO of VMS, included his comments, "Coming out of beta, VMS2 has a number of unique features including an integrated payment system that will appeal to e-commerce customers as well as reaching a wider audience with a new self-service version of the platform."
http://www.vmsplay.com/about-us.aspx
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