VANCOUVER, British Columbia, Sept. 25, 2017 (GLOBE NEWSWIRE) -- Moovly Media
Inc. (TSX
VENTURE:MVY)
(FRANKFURT:0PV2)
("Moovly" or the
"Company”) is pleased to announce that it has entered into an API integration with Shutterstock
(NYSE:SSTK).
Moovly has integrated Shutterstock’s API technology to offer its clients access to Shutterstock’s more than 150
million digital assets via the Moovly Studio editor. This is the first instance where Shutterstock will license video and music
directly through its API.
Shutterstock is known as a leading global technology company offering a creative platform for high-quality
assets, tools and services to businesses, marketing agencies and media organizations around the world and Moovly is well known for
its leading video creation technology.
Through this agreement Moovly users get seamless access to more than 150 million of Shutterstock’s digital
assets (including video, images and, music) to make even more engaging and impressive content. Importantly too, this integration
provides Moovly with an additional revenue opportunity by reselling Shutterstock’s assets.
This integration continues Moovly’s positioning as the thought and technology leader in the high-end video
creation platform space and a simple to use, cost effective yet advanced tool, an invaluable combination for creative
professionals.
Brendon Grunewald, CEO of Moovly said, “This is an important integration for Moovly, it brings a vast collection
of assets to our users and in doing so makes Moovly the undisputed market leader and gives credibility to Moovly’s offering in the
market. We look forward to working with Shutterstock to provide the most intuitive, cost effective means for anyone to tell their
story, whether that is to promote a product or market to new audiences."
“Moovly understands that the ever increasing consumption of video on social platforms is fueling a growing
expectation from marketers and businesses to produce high-quality visual stories within shorter timeframes,” said Alexander
Reynolds, Senior Director of Business Development at Shutterstock. “The integration of Shutterstock’s API empowers users to quickly
and easily search and license millions of images, video, and music tracks, to create compelling video content, without leaving the
Moovly Studio platform”.
For additional information regarding Moovly, please refer to its website at www.moovly.com
Files are available for download in press room
Please visit our press room for images of founders, logo files, screen shots and other materials at www.moovly.com/pressroom.
For additional information please contact:
Brendon Grunewald
CEO and Director
Office phone: +32 9 398 81 20
Email: press@moovly.com
Dan Whittle for investor relations
Phone: +1 604-639-4486
Email: daniel.whittle@moovly.com
Reader Advisory
This press release contains forward-looking statements and forward-looking information within the meaning of
applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing",
"may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking
information or statements. More particularly and without limitation, this news release contains forward looking statements and
information with respect to Moovly's future business plans and the expected benefits of its products. The forward-looking
statements and information are based on certain key expectations and assumptions made by the Company. Although the Company
believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable,
undue reliance should not be placed on the forward looking statements and information because the Company can give no assurance
that they will prove to be correct.
By its nature, such forward-looking information is subject to various risks and uncertainties, which could
cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These
risks and uncertainties, include, but are not limited to, Moovly's inability to continue to commercialize its products or demand
for its products decreases or disappears. Other risk factors are set forth in detail in the Company's Management Information
Circular dated March 30, 2016 which is available for review under the Company's corporate profile at www.sedar.com. Some other risks and factors that could cause the results to
differ materially from those expressed in the forward-looking information also include, but are not limited to: general economic
conditions in Canada, the United States and globally; industry conditions, unanticipated operating events; failure to obtain any
necessary third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to
obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital and
skilled personnel; changes in tax laws; and the other factors. Readers are cautioned that this list of risk factors should
not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary
statement. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date
hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes
no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events
or otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
