DALLAS, TEXAS, Aug. 16, 2022 (GLOBE NEWSWIRE) — Frontera Group, Inc. (OTC Pink: FRTG) (“Frontera,” “Frontera Group” or “the Firm”), a technology-focused strategic acquirer of revenue-generating corporations and mental property (IP), immediately introduced that it has commenced business gross sales and advertising and marketing efforts of Immersient, the mental property which was acquired from IntelliMedia Networks, Inc. and beforehand bought beneath the Mixie model identify.
“At the moment’s announcement marks an essential milestone for Frontera as we transfer ahead with our revenue-focused purchase and construct technique,” stated Andrew De Luna, CPA, MBA, Chief Govt Officer of Frontera Group. “Already a essential a part of our current shoppers’ content material supply choices, I’m proud to share that Frontera has formally launched gross sales and advertising and marketing packages designed to drive product consciousness and produce new shoppers to the platform. Within the very close to future, we anticipate to report on the operational efficiency of Frontera’s Immersient branded software program.”
Now bought and marketed beneath the Immersient model, Frontera’s cloud media platform connects content material producers, academic establishments, and occasion producers with contributors and viewers, delivering immersive, private experiences, interactive participation, current gadget compatibility, acquainted person conventions, and dependable, “all the time obtainable” service. The Immersient cloud media platform permits its shoppers to deal with their core companies, understanding their finish customers are having fun with state-of-the-art experiences. With its frictionless gadget and community unbiased strategy to immersive digital, augmented, and blended actuality environments, Immersient delivers next-generation group collaboration and communications, interactive distance studying and coaching, and virtualized occasions, conferences, expos, conferences, and commerce reveals.
In different information, the Firm plans to situation its 10-Ok submitting for the 12 months ended June 30, 2022 (FRTG’s present year-end), after which the Firm will change its accounting year-end date to December 31.
Frontera Group is a strategic acquirer of mental property and revenue-generating corporations within the expertise and human capital markets. It’s creating and executing an aggressive, four-tier acquisition and implementation technique supposed to offer substantial will increase in profitability to its acquisitions in industries which have historically low and stagnant EBITDA multiples. The Firm has recognized and is at present pursuing a number of revenue-generating acquisition targets.
For additional data, please go to Frontera’s web site at www.frtgtech.com.
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Frontera Group Contact
Andrew De Luna
Investor Relations Contact
make [email protected]