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NetworkNewsBreaks – Guitammer (GTMM) Reports 475% Increase in FY2016 ButtKicker® Sales; Says 2017 Will Be Even Better

Company: The Guitammer Company (GTMM)
Category: Stock Spotlights

Reporting a triple-digit sales increase of its ButtKicker®-equipped cinema seats for full-year 2016, The Guitammer Company (OTCQB: GTMM) forecasts that its performance in 2017 will be even stronger. The Ohio-based company yesterday said it sold over 11,300 new ButtKicker®-equipped cinema seats for 57 new auditoriums in 2016, marking a 475% increase compared to 12 auditoriums and over 2,500 seats in 2015. There are now more than 20,000 ButtKicker-enabled seats in over 105 cinema auditoriums worldwide. The company also guided for continued growth this year, and said it expects to ship ButtKicker products for 1,000 seats in five new auditoriums by the end of January. Guitammer currently has a growing backlog totaling over 8,400 seats for 40 more auditoriums waiting for 2017 ship dates. “2017 is looking to be an even better year and we expect to end the year with well over 30,000 ButtKicker enabled seats deployed in over 150 auditoriums,” Guitammer President Mark A. Luden stated in the news release.

To view the full press release, visit: http://nnw.fm/g5WXt

About The Guitammer Company

The Guitammer Company, based in Westerville, Ohio, provides low frequency audio products and broadcast technology. The Guitammer Company’s patented and patent pending broadcast technologies, “4D Sports powered by ButtKicker”, enables the excitement, impact and feeling of live sporting events to be broadcast along with the sound and video, and puts the viewer into the action, whether at home or at the event. The technology is available for cable, satellite, fiber optic, IPTV and over-the-air broadcasts. For more information see www.guitammer.com/4Dsports.

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