Grass Valley, CA -- (ReleaseWire) -- 05/25/2017 -- Simlatus Corporation (OTCMKTS:SIML) announces today that the Chairman Robert Stillwaugh has accepted and will be appointed the new Chief Executive Officer of Simlatus.

Bob Stillwaugh, New CEO, stated, "I have a futuristic view of Simlatus and the impact our new products will have on our existing relationships with Warner Bros., CBS and FOX News. I will take the reins with our new SyncPal and drive sales, just as I have done time and time again over the past 40 years with our large studio customers. I have cut deals over the years with CBS, Warner Bros. and FOX news; and I plan to do the same with our immersive products."

On May 24, 2017, The Board of Directors of Simlatus Corporation have appointed Robert Stillwaugh as its new Chief Executive Officer and Chairman.

Mr. Stillwaugh is a recognized icon in the commercial broadcast and television industry. After graduating from the University of Cincinnati with a Bachelor degree in Radio-Television Broadcasting, he spent the next 50 years in the broadcast and television industry gaining extensive experience in television station operations and management, product design and product integration. Bob served 24 years with Grass Valley Group, a widely recognized brand in the industry, located in Northern California's Tech Arena,  where he specialized in engineering, product development and systems engineering as he managed the customs products group. After his tenure with the Grass Valley Group, he spent the next 17 years as a VP of Engineering as well as a founder and President of his own company where he developed proprietary broadcast systems for giants such as CBS, FOX, NBC, ABC, Warner Bros., ESPN, and DirecTV.  These products are the 'gold-standard' in today's market as Simlatus continues to expand its existing revenue stream, selling the legacy products developed by Mr. Stillwaugh. Today Mr. Stillwaugh is devoting his full time to Simlatus to grow its legacy products, and its new immersive product line to meet the future technology needs of the industry.

Mr. Stillwaugh stated, "I appreciate everything Mr. Tilden, our former CEO, has done to assist me in taking my company public. I was not that familiar with public companies since I have always remained in the private sector. Today, I am thoroughly familiar and prepared to drive this company into the $150B immersive industry. We have the IP, some of the best engineers in the world and infrastructure to launch our revenues in a direction that will please our investors and shareholders."

About SIMLATUS www.simlatus.com
Simlatus Corporation's 18 year history as an audio/video icon, designs, manufactures and sells 55 commercial broadcast products worldwide. The company has a small revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as Warner Bros., CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new SyncPal, and our future Simlatus-IBS, will allow the company to capitalize in the $150B growing industry of augmented/virtual reality.

Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Contact:
Tom Nelson
Tenassociates33@gmail.com
480-326-8577

Source: Simlatus Corporation

SOURCE: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/robert-stillwaugh-accepts-simlatus-ceo-position-to-launch-new-immersive-products-812038.htm

Grass Valley, CA -- (ReleaseWire) -- 05/23/2017 -- Simlatus Corporation (OTCMKTS:SIML) announces today that the SyncPal product is now going into production and will start shipping in July-2017.

The company anticipates $5M in revenue for the next 24 months, and $30M total over 60 months on its SyncPal product.

The SYNCPAL is the first of its kind for the commercial broadcast industry and is designed to compensate for video/audio out-of-sync problems using the Simlatus proprietary immersive technology when the AES audio is embedded in the HD video channel. The SYNCPAL de-embeds the audio signal, delays as necessary and the re-embeds it back into the HD channel. It is a 16 channel (4 AES groups) audio delay solution which ties the audio delay to video frame delay values. The SYNCPAL delays all 16 channels up to 49.9 video frames and is adjustable in 0.1 frame steps using three decade switches. There are four valid AES input led's as well as a valid reference led. The units will accept any sample rates between 32kHz and 50kHz.

About Simlatus www.simlatus.com
Simlatus Corporation's 18 year history as an audio/video icon, designs, manufactures and sells commercial broadcast equipment worldwide. The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as Warner Bros., CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new SyncPal, and our future Simlatus-IBS, will allow the company to capitalize in the $150B growing industry of augmented/virtual reality.

Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Contact:
Tom Nelson
Tenassociates33@gmail.com
480-326-8577

Source: Simlatus Corporation

SOURCE: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/syncpal-hits-global-market-in-july-2017-811052.htm

Simlatus SyncPal Product Going Into Production

Grass Valley, CA -- (ReleaseWire) -- 05/16/2017 -- Simlatus Corporation (OTCMKTS:SIML) announces today the Company's  SyncPal product is now going into production after a successful beta-test program with one of the largest broadcast studios in America.

Mike Schatz, Chief Operations Officer stated "The beta-test was proven to be very successful and the studio aided us by suggesting some minor changes which we have already incorporated into the product to enhance its overall functionality. I am working closely with our manufacturing and engineering departments to oversee the production of the first immersive SyncPal product with a July-2017 target date to begin shipping it.  We anticipate a welcoming response from our distributors, customers and the broadcast market in general."

Mr. Schatz further stated, "I have also been working closely with our marketing department to assure a successful rollout of the product.  Simlatus has finalized contracts with government manufacture representatives in Asia, South America and the Middle East, where the broadcast industry is growing faster than anywhere else in the world. We have pending negotiations in South Africa and throughout the European Community. The projected revenue in our export business is a modest $5M in the next 24 months, with overall projections of $30M across all 55 of the legacy products that we offer."

Chairman of the Board, Bob Stillwaugh, stated "We have had to reinvent our technology over the last 12 months to stay current with the technology shifts within the broadcast industry. We will have many positive surprises for our shareholders over the next 24 months as we take a giant leap into the immersive world of broadcast products. You will find that our proprietary technology, our team, our shareholders and our loyal customers will come to appreciate the positive results we anticipate from the strong company foundation we are building today.  Additionally, you may see that our immersive consumer product will be in the hands of millions of smart phone users across the globe. This is our future."

For more information visit: http://simlatus.com/product/syncpal/

About Simlatus www.simlatus.com
Simlatus Corporation's 18 year history as an audio/video icon, designs, manufactures and sells commercial broadcast equipment worldwide. The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as Warner Bros., CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new SyncPal, and our future Simlatus-IBS, will allow the company to capitalize in the $150B growing industry of augmented/virtual reality.

Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Contact:
Tom Nelson
Tenassociates33@gmail.com
480-326-8577

Source: Simlatus Corporation

SOURCE: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/simlatus-corp-beta-test-successful-with-one-of-americas-largest-broadcast-studios-807417.htm

Grass Valley, CA -- (ReleaseWire) -- 03/24/2017 -- Simlatus Corporation (OTCMKTS:SIML) – announces today that the SyncPal product was placed with a major broadcast studio for beta-testing.

SyncPal is the first generation of immersive audio-video products manufactured and sold by Simlatus.

For more information visit: http://simlatus.com/product/syncpal/

About Simlatus www.simlatus.com
Simlatus Corporation designs, manufactures and sells commercial audio and video broadcast equipment worldwide. The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new Simlatus-IBS™ will allow the company to capitalize in the $150B growing industry of augmented/virtual reality.

Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Contact:
Tom Nelson
Tenassociates33@gmail.com
480-326-8577

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/major-broadcast-studio-receives-syncpal-for-beta-testing-786436.htm

- CEO states a potential $1B in revenue where shareholders would decide on any future buy-out acquisition

Grass Valley, CA -- (ReleaseWire) -- 03/07/2017 -- Simlatus Corporation (OTCMKTS:SIML) – announces today the release of its CEO Podcast interview with Uptick Newswire's host Everett Jolly. The broadcast industry is a changing organism of technology, and Simlatus has left its footprints with the industries major studios like CBS, FOX, NBC, ABC, ESPN and DirecTV over the past 18 years.

To listen to the interview please click the link below:
https://upticknewswire.com/gary-tilden-simlatus-corp-ceo-explains-how-studios-will-turn-to-ibs-technology-in-the-near-future

To learn more about SyncPal please click the link below:
http://simlatus.com/product/syncpal/

The company's Chief Executive Officer discussed the 2017 roll-out for another innovative commercial broadcast product referred to as SyncPal. Gary Tilden stated "The SyncPal has a target of 10,000 studios in the USA alone. These studios have embedded audio/video sync problems once in a while, and our SyncPal is a solution. The potential revenue is approximately $30M, and to date we see little competition. More important is that we already have positive relationships with these studios, and they will be responsive to our cost effective solution to improve the quality of their program."

Everett Jolly with Uptick Newswire had asked Mr. Tilden why the stock was so undervalued. Mr. Tilden replied; "With our experienced management and leadership, we will launch these products in 2017, and in turn, it will enhance 15 of our older products because we will allow them to be updated with UHD digital technology and internet access via an immersive application. In the past nine months ending December-2016 we have secured $5,000,000 in funding to complete and bring to market our newest products, while decreasing our total liabilities by $5.4M; all while keeping our shareholders informed along the way. We have reduced total operating expenditures by over $1M. We have strong tangible assets, and this will drive us into the New York Stock Exchange in the next 24 months."

Towards the end of the podcast Interview, Mr. Everett Jolly asked the CEO if this proprietary technology would be an acquisition play with a larger company. Mr. Tilden stated the following; "It will be up to our shareholders to decide to allow a larger company to acquire Simlatus, but it's always a nice decision to have on your plate. Our IBS system will have a commercial application, and a consumer application. If we are going to go through the expense in developing this product for commercial users, we want to allow consumers access to an app that will allow them to build their own studio and provide their own private programming using their smart-phone camera and video recording. It will be fun, and Simlatus anticipates a $1B revenue stream through this product."

About Simlatus www.simlatus.com
Simlatus Corporation designs, manufactures and sells commercial audio and video broadcast equipment worldwide. The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new Simlatus-IBS™ will allow the company to capitalize in the $150B growing industry of augmented/virtual reality.

Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Investors:
Contact:
Tom Nelson
Tenassociates33@gmail.com
480-326-8577

For more information on this press release visit: http://www.releasewire.com/press-releases/simlatus-ceo-discusses-2017-projected-revenues-with-virtual-reality-product-778492.htm

-Quarterly Disclosure Confirms Foundation for Success-

Grass Valley, CA -- (ReleaseWire) -- 02/22/2017 -- Simlatus Corporation (OTCPINK:SIML) announces today that the most current disclosure of the Quarterly Filings for the period ending 12/31/2016 confirm completion of the reorganization of the company.

Chairman Robert Stillwaugh stated, "I have had a successful career in the broadcast industry stemming as far back as 50 years, working with giants such as CBS, NBC, FOX, ABC, ESPN and DirecTV. This asset combined with my long term giant broadcast studio relationships, engineering skills and business philosophy have provided Simlatus a solid foundation to generate new revenues through the sale of SyncPal and our Immersive Broadcast System, and some of our existing products that have saturated the commercial broadcast industry for the past 18 years.

On March 9, 2016 I accepted this position, and acquired the broadcast assets that I created into this company, as well as reorganized the company through a painful transition from the oil & gas industry into the immersive audio/video industry which is the largest growing industry today. With an expected $150B value, our company has two new products to compete in this new industry.

In the past nine months ending 12/31/2016 we have secured $5,000,000 funding to complete and bring to market our newest products, while decreasing our total liabilities by $5.4M; while keeping our shareholders informed along the way. We have reduced total operating expenditures by over $1M, and for the first time, we placed revenue on our books and tangible assets.

We have a great journey ahead of us while we capitalize on our existing relationships with our global distribution and with our major broadcast studios. We have accomplished all of our goals during the past nine months, and we have set new goals for the following nine months. These goals include reporting greater results from our newly installed marketing program to increase sales of our older product line, introducing SyncPal in the near future and completing the Immersive Broadcast System product.

I am confident that these next nine months will result in greater revenue, greater product recognition, and greater equity value for all of our shareholders."

About Simlatus www.simlatus.com
Simlatus Corporation designs, manufactures and sells commercial audio and video broadcast equipment worldwide. The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new Simlatus-IBS™ will allow the company to capitalize in the $120B growing industry of augmented/virtual reality.

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Investors:
Robert Stillwaugh, Chairman
Simlatus Corporation
800-390-8446
http://www.simlatus.com

For more information on this press release visit: http://www.releasewire.com/press-releases/simlatus-statement-from-the-chairman-774523.htm

Investors Taking Interest In Simlatus and Supports Chairman Interview

Grass Valley, CA -- (ReleaseWire) -- 12/27/2016 -- Simlatus Corporation (OTCPINK:SIML) announces today that Chairman Robert Stillwaugh gave a public interview and described how the company has initiated their marketing plan to target the global market to introduce the new SyncPal™, while a well-known major broadcast studio has agreed to beta-test the new Simlatus SyncPal™ at their Burbank Studio in Southern California. The company anticipates starting the beta-testing 1st quarter 2017. The SyncPal™ will provide solutions for the 10,000 USA-based broadcast studios and 100,000 international studios, with projections of $30M in revenue for Simlatus.

Bob Stillwaugh, Chairman, stated, "Our Marketing Director is highly qualified and has started marketing our new SyncPal™ product to our existing audio/video distributors, as well as over 5,000 retailers in the global market as a part of our market test."

Mr. Stillwaugh further stated, "Our engineering has completed the design of the main circuit, and we are finalizing the actual control-panel and Wi-Fi design and software development that allows the broadcast studio to operate the unit via a smart-phone or internet connection. This device, in my opinion, is very state-of-the-art and has a great need within the industry. This is a good opportunity for our shareholders and our customers."

The radio interview with Chairman Robert Stillwaugh is very informative and is available to the public through the following link: https://upticknewswire.com/bob-stillwaugh-chairman-of-simlatis-corp-talks-about-their-product-in-development-called-syncpal/

SyncPal™ is a cost-competitive commercial product with advanced applications for large broadcast studios. The proprietary technical applications allow the studio to quickly correct audio/video problems caused when the audio is out of sync with the video. The design includes the ability to control the SyncPal™ from a smartphone via any internet connection. The new technology platform imbedded in SyncPal™ will also serve for the next generation product being developed: the Simlatus-IBS™ (Immersive Broadcast Studio) for the highly recognized augmented/virtual reality technology markets.

About Simlatus Corp
Simlatus Corporation designs, manufactures and sells commercial audio and video broadcast equipment worldwide. The company has a current expanding revenue base developed over the past 18 years in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations.

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Investors:
Robert Stillwaugh, Chairman
Simlatus Corporation
800-390-8446
http://www.simlatus.com

Source: Simlatus Corporation

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/simlatus-prepares-syncpal-for-global-broadcast-market-753899.htm

Simlatus Launches "SyncPal" and the "Immersive Broadcast System" in 2017

Grass Valley, CA -- (ReleaseWire) -- 12/07/2016 -- Simlatus Corporation (OTCPINK:SIML) announces today that Chairman, Robert "Bob" Stillwaugh gave a radio interview yesterday with host Everett Jolly of the Uptick Network's Stock Day Podcast to discuss a promising future for Simlatus Corp.

Bob Stillwaugh gave a stellar interview to let viewers know of the 19 years of commercial broadcast studio sales of Simlatus products with customers such as CBS, FOX and DirecTV, and gave insight to a future with new technology products for 2017 that will drive revenues, considering that the company target revenue is $30M for SyncPal sales over the following 24 months. "Everywhere there is a commercial TV camera, our product can be utilized", stated Bob Stillwaugh. He further stated that "We will be looking into products used for internet audio/video applications. Most of our new products will be focused on smart-phone Wi-Fi applications and immersive internet applications."

Simlatus has the infrastructure of engineers and programmers, as well as strong relationships with the world's most reputable broadcasting studios to support and launch its newest product line.

To listen to the interview please click the link below:
https://upticknewswire.com/bob-stillwaugh-chairman-of-simlatis-corp-talks-about-their-product-in-development-called-syncpal

SyncPal™ is a cost-competitive commercial product with advanced applications for large broadcast studios. The proprietary technical applications allow the studio to quickly correct audio/video problems caused when the audio is out of sync with the video.  The SyncPal™ will provide solutions for the 10,000 USA-based and 100,000 international studios, with projections of $30M in revenue for Simlatus.

Simlatus-IBS™ will include commercial immersive augmented/virtual reality applications for studio engineers. This new immersive technology will allow the customer to control and manage the studio audio/video systems from anywhere in the world. These products are being developed to serve a market segment strongly embraced by consumers and is forecast, by some of the most widely recognized tech companies in the world, as becoming a multi-billion dollar market in the very near future. The Market Analysis and IP Portfolio will include new patents specifically developed for these products and owned by the Company.

About SIMLATUS www.simlatus.com
Simlatus Corporation designs, manufactures and sells commercial audio and video broadcast equipment worldwide. The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new Simlatus-IBS™ will allow the company to capitalize in the $120B growing industry of augmented/virtual reality.

Safe Harbor for Forward-Looking Statements
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Investors:
Robert Stillwaugh, Chairman
Simlatus Corporation
800-390-8446
www.simlatus.com

Source: Simlatus Corporation

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/simlatus-chairman-discusses-promising-future-on-uptick-networks-stock-day-podcast-748950.htm

Simlatus on target for projected $30M with new SyncPal™ sales

Grass Valley, CA -- (ReleaseWire) -- 11/28/2016 -- Simlatus Corporation (OTCPINK:SIML) announces today that a well-known major broadcast studio has agreed to beta-test the new Simlatus SyncPal™ at their Burbank Studio in Southern California. The company anticipates starting the beta-testing in 45 days, and upon completion of testing will announce the name of the studio.

Bob Stillwaugh, Chairman, stated "I have built strong relationships with the major broadcast studios during my career, and one of the largest studios in the world will be beta-testing our new SyncPal™ device. They are highly interested in its cost-effective commercial applications in resolving the "out-of-sync" issue which can occur between audio/video signals during a live broadcast. I believe our SyncPal™ will be a valuable asset to studios worldwide."

SyncPal™ is a cost-competitive commercial product with advanced applications for large broadcast studios. The proprietary technical applications allow the studio to quickly correct audio/video problems caused when the audio is out of sync with the video. The design includes the ability to control the SyncPal™ from a smart-phone via any internet connection. The new technology platform imbedded in SyncPal™ will also serve for the next generation product being developed: the Simlatus-IBS™. The SyncPal™ will provide solutions for the 10,000 USA-based and 100,000 international studios, with projections of $30M in revenue for Simlatus.

The Company, respectively, sells approximately 55 different audio/video products through its global network of seasoned audio/video retailers specializing in advanced commercial products. In addition to the Company's traditional line of audio/video products, Simlatus is designing the new Immersive Broadcast System (IBS). The Simlatus-IBS™ will include commercial augmented reality and virtual reality applications for studio engineers. This new immersive technology will allow the customer to control and manage the studio audio/video systems from anywhere in the world. These products are being developed to serve a market segment strongly embraced by consumers and is forecast, by some of the most widely recognized tech companies in the world, as becoming a multi-billion dollar market in the very near future. The Market Analysis and IP Portfolio will include new patents specifically developed for these products and owned by the Company.

About Simlatus Corporation
Simlatus Corporation designs, manufactures and sells commercial audio and video broadcast equipment worldwide. The company has a current expanding revenue base in the broadcast industry with long-term national and international distribution. Our customers include large broadcast giants such as CBS, NBC, ABC, FOX, ESPN and DIRECTV, as well as many smaller broadcast customers which include religious facilities, international broadcast facilities, colleges, and radio stations. The new Simlatus-IBS™ will allow the company to capitalize in the $120B growing industry of augmented/virtual reality. http://www.simlatus.com

Safe Harbor for Forward-Looking Statements
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.

Investors:
Robert Stillwaugh, Chairman
Simlatus Corporation
800-390-8446
http://www.simlatus.com

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/simlatus-to-beta-test-syncpal-with-major-broadcast-studio-745276.htm