Boustead Securities, LLC (“Boustead”) IPO client, Moving iMage Technologies (MIT), a leading manufacturer, distributor, and integrator in the cinema exhibition industry, announced they have sold and assisted Samsung Electronics America, Inc. to install the largest version of The Wall in the United States. The 6 feet x 6 feet installation was completed in a private residence in Utah.
Additionally MIT sold and installed the second ever unit of The Wall in a residence in San Diego. The Wall is a ground-breaking Micro LED, large-format modular display.
The owner of the home in Utah, stated, “Samsung and MIT did an outstanding job installing The Wall system and performed all the critical tasks and communication in a professional manner. I am very proud to have teamed up with Samsung and MiT. With UHD resolution and a screen size of 16ft wide and 9ft high, the picture and images are simply gorgeous!”
Bevan Wright, Executive Vice President, Operations at MIT said, “It was a great experience working with Samsung to install The Wall system.”
Samsung recently introduced The Wall, and it is ideal for even the brightest areas of the luxury residential space, The Wall is configurable and customizable to a variety of sizes and ratios from 73” in 2K definition, to 292” in 8K definition. With a depth less than 30mm, the slim, bezel-less infinity design along with customizable décor frames allows the display to blend seamlessly into its surroundings, ensuring no disruption to the desired ambience of its environment.
The Wall offers a new user interface and experience. Based on research into the lifestyles of target consumers and their preferences, The Wall goes beyond just image quality and provides a personalized user experience. A customizable décor frame enhances the display and ensures it fits any luxury space. Thanks to the 100,000-hour lifetime of its self-emitting diodes, The Wall can be set to never turn off, but to change into a digital canvas best matching the owner's interior needs and personal mood. When the screen is not used, the Ambient Mode can display a variety of curated art from paintings, photographs and video art to customizable pictures with digital frames – that best suit the homeowner’s tastes.
The Wall is also equipped with the AI picture quality engine, Quantum Processor Flex. This delivers optimized picture quality scene-by-scene, regardless of the original source format. Quantum Processor Flex is a machine learning-based picture quality engine that analyzes millions of image data to automatically calibrate the original low resolution according to the modular screen resolution.
Whether viewing a classic movie, an anticipated sporting event or the latest console game, AI upscaling, Quantum HDR technology peak brightness of 2,000 nits and 120Hz video rate provide a rich and superior visual experience that is second-to-none.
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 (MIT) 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 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, our 28,000 sq ft facility is home to our corporate offices, engineering, manufacturing, distribution, integration as well as service and support divisions. Our 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.
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