Compass Biotechnologies, Inc. (OTCMKTS:COBI) reported the released of Events in Motion, a technology subsidiary firm focused on offering world-class event, travel and concert apps within the U.S. market. The travel, music and event concert industries constituted revenue of total $970 billion across the U.S. in 2015.
The update
Events in Motion will provide disruptive apps as white-label offerings at highly competitive price-points to fulfill the needs of all three industries, and to upset a power balance where established giants overprice and underservice medium, small and large-scale customers alike.
Studies in 2016 and 2017, planned by international events and tourism firms, have shown an increasing appetite for event apps, and a rising appreciation of the value offered. Events in Motion has advanced solution that is in-market and proven internationally, and the firm is bringing the offering to the U.S., anticipating significant and immediate results thanks to improved pricing models and value offers, and industry surveys that shows a 12% decline in desire for mobile event applications within the United States alone.
As mentioned, the apps are advanced and validated, and Events in Motion has even obtained an initial customer base for numerous tours in the travel industry, which will be formally launched later this month. The apps’ standard version provide the cutting edge-features that customers expect, and the scalability and simplicity of a cloud-based platform. Moreover, the firm is willing and able to customize the cloud-based platform and apps to create innovative features and interfaces to fulfill unique client needs.
Earlier in February, Compass Biotechnologies reported the release of its amplifier range for this year, a radical product line that will enter the consumer industry coinciding with Summer NAMM of this year. The line has been in advancement for more than a decade, and is designed to offer power and portability for both the established and emerging musician.
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