- Revolutionary camera improvement bolsters
HITCASE market opportunity -
VANCOUVER, Sept. 17, 2015 /CNW/ - HIT Technologies Inc.
(TSXV:HIT) ("HIT"), designs, develops, manufactures and
distributes the world's most advanced adventure products for
iPhone, including the shockproof, waterproof HITCASE®
PRO with professional lens and mounting systems for the iPhone.
Today, HIT announced that its recently launched HITCASE PRO-6 is
compatible with the new iPhone 6s, increasing HIT's product
coverage to iPhone 5/5s/5c and 6/6s.
"We are very excited about the latest iPhone 6s offering from
Apple," said Brooks Bergreen, CEO of
HIT Technologies. "Each improvement Apple makes to its camera
strengthens the use case for HITCASE and serves to increase our
market opportunity. We expect this will increase demand for our
recently launched HITCASE PRO-6, which addresses both the iPhone 6
and 6s as they are identical in size."
Mr. Bergreen continued, "The enhancements Apple made to the
iPhone camera are truly revolutionary – increasing to a
12-megapixel lens, and providing 4k video capability. The new
operating system includes Live Photo, enabling users to turn their
photos into short videos and easily post them to their social
media. These changes make it even more compelling for HITCASE to
enhance the users' camera experience and to turn their iPhone into
a full-fledged action camera. This is exactly the type of
advancement we anticipated when we started HIT. Further, with
iPhone 6s compatibility in place, we are able to immediately
address this market opportunity through our growing social media
fan-base and retail presence. In addition, having coverage for
iPhone 5/5s/5c and 6/6s enables us to vigorously pursue broad
retail coverage in time for the Christmas season."
About HIT Technologies Inc.
HIT develops and markets
a portfolio of products for use on Apple iPhones across the globe.
HIT believes that there is a significant opportunity in helping
people get Ready for Adventure™ with the best camera they already
have, their iPhone. HITCASE PRO allows people to create exciting
photo and video content using patent pending Railslide™ mounts
without the need for additional cameras, or gear that get in the
way of the fun. With a combination of software, professional
quality lenses, patented waterproofing and mounting technologies
for every conceivable activity, The HITCASE PRO makes it fun and
easy for users to capture and share a day at the beach, on the
mountain, in the backyard, or anywhere else life takes you.
Cautionary Statement
No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein. Neither the TSX-V nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX-V) accepts responsibility for the adequacy of
this release.
Forward-Looking Statements
This news release
contains certain "forward-looking information" within the meaning
of applicable Canadian securities laws that are based on
expectations, estimates and projections as at the date of this news
release. The information in this release about the Company's
anticipated use of available funds, and the future plans and
objectives of the Company are forward-looking information.
Any statements that involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always
using phrases such as "expects", or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans",
"budget", "scheduled", "forecasts", "estimates", "believes" or
"intends" or variations of such words and phrases or stating that
certain actions, events or results "may" or "could", "would",
"might" or "will" be taken to occur or be achieved) are not
statements of historical fact and may be forward-looking
information and are intended to identify forward-looking
information.
This forward-looking information is based on reasonable
assumptions and estimates of management of the Company at the time
it was made, and involves known and unknown risks, uncertainties
and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking information. Such factors include, among
others, global economic climate; dilution; the Company's limited
operating history; future capital needs and uncertainty of
additional financing; the competitive nature of the industry;
currency exchange risks; the need for the Company to manage its
planned growth and expansion; the effects of product development
and need for continued technology change; protection of proprietary
rights; the effect of government regulation and compliance on the
Company and the industry; network security risks; the ability of
the Company to maintain properly working systems; theft and risk of
physical harm to personnel; reliance on key personnel; global
economic and financial market deterioration impeding access to
capital or increasing the cost of capital; and volatile securities
markets impacting security pricing unrelated to operating
performance. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. The Company undertakes no
obligation to revise or update any forward-looking information
other than as required by law.
SOURCE HIT Technologies Inc.
