March 01, 2015 4:35 AM ET

Software

Company Overview of Ubiquity, Inc.

Company Overview

Ubiquity, Inc., a multimedia company, focuses on the intersection of cloud based, cross platform applications synchronized across various digital mediums. It develops various ubiquitous digital applications and digital content in connection with its intellectual property. The company’s products and services provide a platform for access to various media and content from a range of devices. Its products comprise mobile commerce, video search, and a customized interface for various personal and public files. The company also operates transmedia studios that develop and deliver cross-platform live, video, and film content. It was formerly known as Ubiquity Broadcasting Corporation and changed i...

9801 Research Drive

Irvine, CA 92618

United States

18 Employees

Phone:

949-489-7600

Key Executives for Ubiquity, Inc.

Co-Founder, Co-Chairman and Chief Executive Officer
Age: 61
Total Annual Compensation: $842.2K
Co-Founder, Senior Executive Vice President of Intellectual Property & Transmedia and Director
Age: 60
Total Annual Compensation: $250.8K
Chief Financial Officer and Principal Accouting Officer
Age: 32
Total Annual Compensation: $198.4K
General Manager of Studios
Age: 42
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2013.

Ubiquity, Inc. Key Developments

Ubiquity Enhances Sprocket Platform with its own Robust Data and Analytics Engine

Ubiquity, Inc. announced that the company has enhanced the Sprocket platform with the addition of a robust data and analytics engine, the Sprocket Server. The company anticipates release of the full Sprocket platform in the third quarter of 2015. The Sprocket Server was developed with the objective to collect and analyze data from multiple inputs regardless of language or user device. Once the Sprocket app is deployed on a device, (mobile, web, set top box, etc.) the app will operate in the background from a data collection perspective and provides applications and functionality that normally would require a user/consumer to jump in and out of apps to access their data or desired service. The server side application is built upon the industry's high standards of data warehousing, clustering and security deployment guidelines at a global level.

Ubiquity, Inc. to Appoint Dale Okuno to Board of Directors

Ubiquity, Inc. announced that the company has signed an agreement to acquire Coversant, Inc. Per terms of the acquisition, Coversant will merge into Ubiquity in exchange for 13,242,334 shares of Ubiquity's common stock. Coversant's CEO and board member, Dale Okuno, will join Ubiquity's board of directors, and their management team will be integrated into Ubiquity's existing corporate structure. Closing of the definitive agreement is subject to completion of due diligence by both parties and execution of other closing conditions. There is no guarantee that these matters will be completed and that the transaction will close.

Ubiquity, Inc. Launches Gift Sender App on Itunes and Google Play Stores

Ubiquity, Inc. announced the soft launch of Gift Sender, a digital gift card solution. The product is available to consumers for download via the iTunes and Google Play stores. Gift Sender is designed to be used by larger retail organizations and brands looking for a customized or white labeled digital gift card solution. Gift Sender currently offers a wide selection of brand name gift cards in a simple to use interface and connects to consumers' social media profiles. The revenue for the product will mostly be recognized via corporate licenses and white label solutions that Ubiquity will announce in 2015.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 28, 2015
Coversant, Inc.
Private Placement
November 12, 2014
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Private Placement
October 17, 2014
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