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WILMINGTON, Del., Aug. 26 /PRNewswire-FirstCall/ -- Universal Capital Management, Inc. (OTC Bulletin Board: UCMT), a Wilmington, Delaware business development company that provides management and strategic growth resources to emerging growth companies, is pleased to announce the addition of Multi-View Technologies, Inc. to its portfolio.
Multi-View is a development stage company whose technology enables it to provide three-dimensional autostereo solutions to end-user viewers that eliminate the need for 3D glasses. Multi-View's intelligent technological solutions meet market demands for realistic, universally applicable software and hardware to embed in currently available products. These products may include 3D casino gaming, advertising signage, PC gaming and film production.
Multi-View's turn-key product offerings encompasses a full gamut of market-specific, cost-efficient services, ranging from installation and customized programming and creative production to post-production, licensing, training and support.
"We believe the 3D market sub-segment will increase by 60% over the next two years," said Melissa Dalmau, Multi-View's founder. "Multi-View Solutions will be filling a void for a product that is already in high demand. We believe our technology exceeds any other available in today's market."
"We are excited about working with Multi-View and assisting it in acquiring management talent and obtaining funding for its business operations," said Michael D. Queen, UCM President and CEO. "Since the start of our new fiscal year, we have added three new portfolio companies in as many months and we expect to add several more in the near future."
About Universal Capital Management, Inc.:
Universal Capital Management, Inc., is a publicly traded Business Development Company created under the Investment Act of 1940. Its purpose is to assist its portfolio companies with funding and management to facilitate growth and increase their value. Please refer to the company's website at http://www.unicapman.com .
Forward-looking Statements:
Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as Universal Capital Management, Inc., or Multi-View "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe UCM's or Multi-View's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UCM or Multi-View as appropriate, and the valuation of UCM's investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although UCM and Multi-View believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are discussed below. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and both UCM and Multi-View do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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