Long-Time Pulse Evolution Advisor, Fiksenbaum, Responsible for Over $5 billion in Ticket Revenues in Live Entertainment, Steps into Lead Role as Company Prepares for Commercialization of its Market Leading Digital Human Technologies
JUPITER, FL and SAN RAFAEL, CA / ACCESSWIRE / June 22, 2017 / Pulse Evolution Corporation (OTC PINK: PLFX) ("Pulse"), a recognized pioneer and leading developer of hyper-realistic digital humans for holographic live performances, virtual reality and augmented reality, today announced that veteran entertainment senior executive, Jordan Fiksenbaum, was named CEO. Looking to build on the Company's first realization of revenues, Fiksenbaum will lead the next stage of Pulse's growth by leveraging the Company's proprietary digital human technology in the launch of highly anticipated shows, productions and special projects featuring hyper-realistic, digital celebrity performances.
Mr. Fiksenbaum has been working professionally in the live entertainment industry for nearly 30 years, now bringing to Pulse his impressive and relevant experience in senior management including strategic planning, operations, sales, marketing, promotions, event programming, and ticketing. While at Cirque du Soleil, he was responsible for the marketing, sales and public relations initiatives of nine resident shows, including launching Michael Jackson One in Las Vegas, which features an appearance of the holographic likeness of Michael Jackson. Within the theatre industry, Fiksenbaum worked on numerous award-winning productions including The Phantom of the Opera, Ragtime, Disney's the Lion King, Wicked, Les Misérables and Spamalot. His extensive experience and background also include roles as: Founder & CEO of POP Experience, former Vice President of Theatrical Productions for Kimmel Center, Inc. in Philadelphia, and serving as a senior consultant to a diverse group of companies including Feld Entertainment, Celine Dion, DuPont, the Kodak Theatre and Theatre Dreams.
"I have been in awe of Pulse's creative team since I first saw the remarkable virtual Michael Jackson concert performance at the Billboard Music awards which generated worldwide headlines and interest," said Fiksenbaum. "Pulse's technology has been further optimized since then, and we are now poised to launch a series of immersive productions and ground-breaking entertainment projects that will astonish audiences worldwide."
John Textor, Chairman of Pulse, stated, "Jordan's strategic vision has been an extremely valuable contribution in his past role as a senior advisor to Pulse. His impressive track record in live entertainment, his trusted reputation among our most important celebrity estate relationships and his readiness to commercialize our innovative digital human technologies made him the ideal choice to complete our search for a CEO."
In addition to his leadership of the Company's principal entertainment productions, expected to start production in the coming weeks, Mr. Fiksenbaum has been given a broad mandate by the Board of Pulse to significantly upgrade the Company's internal controls, timeliness of financial reporting and investor communications in preparation for the Company's next phase of growth.
With regard to his overall mandate, Mr. Fiksenbaum, commented, "As Pulse is coming of age and readies itself for the explosive growth driven by commercialization of its digital likeness technology, and other products and services, the Pulse shareholders and our founder Mr. Textor felt strongly that it was time to bring in strong new leadership and management depth to meet the challenges of our next phase of growth. I am honored to accept this leadership role at Pulse. I will work tirelessly and swiftly to execute a transformational plan that will strengthen our operational readiness, re-establish our firm as a fully reporting US listed company, and promote our share currency to achieve the highest possible valuation that is reflective of our unique global business opportunity."
Textor added, "I am truly overjoyed that my great friend and long-time Pulse advisor, Jordan, has accepted responsibility for full-time leadership of Pulse as the company can now transform from a technology-focused development stage company to a globally relevant producer of entertainment content across all traditional and alternative display environments. In the coming weeks, we look forward to bringing even more leadership resources to our board and to our management team, in support of Jordan's mandate and the Company's overall mission."
Mr. Textor will host a shareholder webcast this morning at 11:00am ET, to discuss today's news and other business and financial updates.
Shareholder Webcast Call Details - Thursday, June 22, 2017 at 11:00am ET:
Webcast Link: http://www.investorcalendar.com/event/15925
Archived replay will be available for two weeks following the call.
About Pulse Evolution Corporation
The Company is a recognized pioneer and leading developer of hyper-realistic digital humans for entertainment, virtual reality, augmented reality and artificial intelligence. Pulse is most popularly known for producing the animated digital human likeness of the late Michael Jackson that appeared in a live performance of the Billboard Music Awards on May 18, 2014, seen by more than 11 million television viewers and generating more than 2,400 news articles and 98 billion Internet impressions.
Founded by the world's leading executives and producers of photorealistic digital humans, such as the lead character from the film "The Curious Case of Benjamin Button" and the concert experience 'Tupac at Coachella', Pulse Evolution is currently developing computer-generated digital humans for entertainment and media applications, such as holographic live performances, virtual reality, augmented reality and artificial intelligence. The Company has multi-year revenue share agreements with leading celebrity estates, headlined by the Estate of Michael Jackson, principally focused on generating revenues from these agreements.
The Company sees digital humans emerging as ubiquitous in society, culture and industry. They will not only perform for audiences on stage or in film, but they will also represent individual consumers as digital likeness avatars, in realistic and fantasy form, appearing and interacting on the consumer's behalf in electronic and mobile communication, social media, video games and virtual reality. Future digital humans will provide a relatable human interface for artificial intelligence applications, 'thinking' machine systems that, through the Company's technology, will appear as realistic communicating humans in mobile devices, digital signage, classrooms and through lightweight wearable augmented reality glasses and virtual reality headsets. The Company's long-term goal is to be the 'face' of artificial intelligence, to provide a human form to interactive artificially intelligent computer beings.
Pulse is headquartered in Jupiter, Florida with its principal digital studio located in San Rafael, California. Please visit www.pulse.co
Forward-Looking Statements Disclaimer:
Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995. Forward looking statements contained in this release relate to, among other things, the timing and potential success of new projects, productions, product releases, future operating results, and the Company's leadership in the digital production, VR and AR industry. These forward-looking statements are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and other similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the Company's filings, including Annual and Quarterly reports, with the United States Securities and Exchange Commission (copies of which may be obtained at www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change significantly. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.
Investor/Press Contacts:
For Pulse Evolution Corporation:
Douglas W. Calder
[email protected]
Office: 561-840-5000 or Cell: 772-418-6302
SOURCE: Pulse Evolution Corporation