Foxx Development Expands Entertainment Offerings Through FreeCast Partnership
10 Febbraio 2025 - 11:30PM
Foxx Development Holdings Inc. (“Foxx Development” or “Company”)
(Nasdaq: FOXX), a leading provider of consumer electronics and
integrated Internet-of-Things (IoT) solutions for retail and
institutional clients, today announced that it has entered into a
strategic distribution agreement with FreeCast Inc. so that
FreeCast's streaming platform will be available to users of the
Company's mobile device portfolio. The new integration will give
Foxx Development's users immediate access to FreeCast's
entertainment hub, consolidating hundreds of streaming services
into a single user-friendly interface.
Under the agreement, FreeCast's all-in-one streaming platform
will be installed on hundreds of thousands of smartphones and
tablets of the Company to expand its out-of-box entertainment
offerings. Users will gain immediate access to FreeCast's
entertainment hub, which features over 700 free channels, extensive
on-demand content, and integration with major streaming services,
including Netflix, Amazon Prime Video, HBO Max, and Hulu.
FreeCast's intelligent universal search feature enables users to
easily discover content across all platforms, while its innovative
YouBundle feature simplifies subscription management by
consolidating multiple streaming services into a single monthly
bill.
"Modern content consumers face increasing complexity in their
streaming entertainment choices, with recent industry surveys
showing that approximately 65% of Americans struggle to discover
content across multiple platforms," said Greg Foley, CEO of Foxx
Development Holdings. "Our partnership with FreeCast directly
addresses these challenges by providing our users with an
intelligent, cost-effective solution that simplifies content
discovery and streaming subscription management."
"Partnering with Foxx Development represents a significant
milestone in FreeCast's mission to simplify the streaming
experience," added William Mobley, Founder and CEO of FreeCast. "By
integrating our platform directly into Foxx Development's devices,
we're making it easier than ever for users to discover, access, and
manage their entertainment. This collaboration demonstrates how
device manufacturers and content platforms can work together to
solve the fragmentation challenges facing today's streamers."
About Foxx Development Holdings Inc. Foxx Development is
a consumer electronics and integrated Internet-of-Things (IoT)
solution company catering to both retail and institutional clients.
With robust research and development capabilities and a strategic
commitment to cultivating long-term partnerships with mobile
network operators, distributors and suppliers around the world, it
currently sells a diverse range of products including mobile
phones, tablets and other consumer electronics devices throughout
the United States, and is in the process of developing and
distributing end-to-end communication terminals and IoT solutions.
For more information, please visit http://foxxusa.com and
http://ir.foxxusa.com.
About FreeCastFreeCast Inc., founded in 2011 and
headquartered in Orlando, Florida, is a leading streaming media
platform that simplifies how users discover and enjoy digital
entertainment. The company's flagship solution addresses the
challenges of managing multiple streaming services by consolidating
hundreds of content providers into a single, intuitive interface.
FreeCast's comprehensive platform gives users access to over 700
free channels, premium on-demand content, and live TV streaming,
while making it easy to search and browse content across major
streaming services. Through its advanced content aggregation and
universal search capabilities, FreeCast helps users find and
organize their entertainment choices more efficiently and serves as
a practical solution for the modern streamer. For more information,
visit www.freecast.com.
Forward-Looking Statements This press release contains
forward-looking statements within the meaning of Section 27A of the
U.S. Securities Act of 1933, as amended (the “Securities Act”), and
Section 21E of the U.S. Securities Exchange Act of 1934, as amended
(“Exchange Act”). Such statements include, but are not limited to,
statements about future financial and operating results, our plans,
objectives, expectations and intentions with respect to future
operations, products and services; and other statements identified
by words such as “will likely result,” “are expected to,” “will
continue,” “is anticipated,” “estimated,” “believe,” “intend,”
“plan,” “projection,” “outlook” or words of similar meaning. Such
forward-looking statements are based upon the current beliefs and
expectations of our management and are inherently subject to
significant business, economic and competitive uncertainties, and
contingencies, many of which are difficult to predict and generally
beyond our control. Actual results and the timing of events may
differ materially from the results anticipated in these
forward-looking statements.
Investor Relations Contact: International Elite
Capital Annabelle Zhang Telephone: +1 (646) 866-7928 Email:
foxx@iecapitalusa.com
Grafico Azioni Foxx Development (NASDAQ:FOXX)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Foxx Development (NASDAQ:FOXX)
Storico
Da Feb 2024 a Feb 2025