Boustead Securities, LLC (“Boustead”) IPO client, Moving iMage Technologies (MIT), a leading manufacturer, distributor, and integrator in the cinema exhibition industry, and it’s Caddy Products Division (“Caddy”), announce a new product line to aid movie theaters with reopening and protecting customers and employees in the age of Covid-19.
“The health and safety of theater patrons and workers are the two single most important conditions to be satisfied in order to allow theaters to reopen, " says Joe Delgado, MIT’s EVP of Sales and Marketing. "We believe our new product line provides everything a theater needs to fulfill these conditions.”
New MiT/Caddy Product Line The new product line includes the following:
Face Masks (Non-Medical) -KN95 Face Mask: ergonomic design, maximum protection; 3-Ply. -Earloop Face Mask: high quality bacterial filtering; 3-Ply. -Disposable Earloop Face mask.
Countertop Safety Shields Separates employees from patrons at popcorn counters, etc.
Mobile Floor Shields Provides flexibility in free-standing locations.
Hanging Safety Shields For locations where Countertop Shields are not appropriate.
Hand Wipe Dispenser Stand Dispenses wipes for patrons’ use.
Hand Sanitizer Dispenser Counter Stand For existing counters and tables.
Hand Sanitizer Dispenser Floor Stand Ideal for high traffic locations.
Social Distancing Management Floor decals and signage.
Temperature Screening Multiple solutions for employees and patrons.
Seat Isolators Straps and covers for separating active and passive seats in the theater.
This press release is not a solicitation or offer to buy or sell securities. For illustrative purposes only. Investments may be speculative, illiquid and carry a risk of loss. Past performance is not indicative of future results. There is no guarantee that any specific outcome will be achieved.
Moving iMage Technologies (MIT) Moving iMage Technologies is a manufacturer and integrator of purpose-built technology and equipment to support a wide variety of entertainment applications with a focus on motion picture exhibition. MIT offers a wide range of products and services such as custom engineering, systems design, integration and installation, enterprise software solution, digital cinema, A/V integration as well as customized solutions for emerging entertainment technology. MIT’s Caddy Products Division designs and sells proprietary cupholder and other seating-based products and lighting systems for theaters and stadiums. MIT’s Rydt Entertainment Systems Division provides turnkey FFE solutions for new construction and remodels to include procurement, design, consulting, installation and project management. Based in Fountain Valley California, MIT's 28,000 sq ft facility is home to corporate offices, engineering, manufacturing, distribution, integration as well as service and support divisions. Their primary manufacturing and warehouse location is augmented by a global network of service partners & OEM manufacturers. For more information, please visit www.movingimagetech.com. About Boustead Securities, LLC Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information, please visit www.boustead1828.com. About Sutter Securities Group, Inc. Headquartered in Irvine, California, Sutter Securities Group, Inc. (“SSG”), founded in 2013, through its affiliates, is an innovator and investment banking solutions provider. SSG owns and operates Sutter Securities Clearing, LLC, and Sutter Securities Incorporated, FINRA member broker-dealers; Sutter Shareholder Services, LLC, a SEC-registered transfer agent; FlashFunders Funding Portal, LLC, a FINRA member funding portal; and Sutter Capital Management, Inc. Sutter Securities Group, through its affiliates, operates a U.S.-based online securities platform whose underlying technology and regulatory infrastructure are designed to enable issuers to engage in Regulation D, Regulation A (known as Reg A+), Regulation S, Regulation CF and fully registered S-1 and F-1 Initial Public Offerings in compliance with applicable federal, state and non-U.S. securities laws. SSG is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. Additional information is available at www.flashfunders.com. Forward-Looking Statements This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.
