Aftermaster, Inc. Enters into Manufacturing, Finance and Distribution Agreement with Ritika Research Labs Private Limited
October 14, 2019 at 06:00 am EDT
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Aftermaster, Inc. announced that it has entered into a manufacturing, finance and distribution agreement with Ritika Research Labs Private Limited (Ritika). The agreement calls for Ritika to manufacture and finance all Aftermaster, Inc. (Aftermaster) products worldwide, and covers distribution outside the United States and Canada. Ritika has been working with Aftermaster engineers for several months to expedite the development and manufacturing of its products. The initial products that are currently set for manufacture under the agreement are the Aftermaster Pro, HearClearTV, ‘The Superbar’ soundbar and the Aftermaster Studio Pro. The agreement is a true milestone for Aftermaster as it provides not only high-quality manufacturing and worldwide distribution, but also the funding and engineering support for Aftermaster's manufacturing, inventory and future product development. The partnership is expected to provide increased financial stability for Aftermaster with less financing related dilution for shareholders.
Aftermaster, Inc. (Aftermaster) is an audio technology and products company. The Company and its subsidiaries are engaged in the development and commercialization of audio and video technologies and products for professional and consumer use, including Aftermaster Audio, ProMaster, Aftermaster Pro, HearClearTV, the Superbar, Aftermaster Studio Pro and MyStudio. It also operates recording and mastering studios at its facilities in Hollywood, California. Its Aftermaster audio technology is an internally developed mastering, remastering and audio processing technology. Aftermaster Pro is a personal audio re-mastering device. HearClear TV is a portable television (TV) audio remastering product. Promaster is an online music mastering, streaming, and storage service designed for independent artists, audio technologies developed by Aftermaster. The Company offers professional hands-on mastering services and instant online mastering through its Promaster brand for music, TV and film.