Blue Hat Interactive Entertainment Technology Featured in Exclusive NetworkNewsWire Broadcast
NEW YORK, Aug. 27, 2019 (GLOBE NEWSWIRE) -- via NetworkNewsAudio – Blue Hat Interactive Entertainment Technology (“Blue Hat”) (NASDAQ: BHAT), a cutting-edge creator, developer and operator of popular augmented reality (“AR”) interactive smart toys and educational games in China, today announces the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community.
The interview can be heard at: http://nnw.fm/Z9nIL
Blue Hat Director and CEO Xiaodong (Sean) Chen joins NNW host Stuart Smith to discuss the Company’s business model and the markets in which BHAT operates. Chen, through a translator, first provides a detailed explanation of Blue Hat’s core business goals and its focus on the research and development of its AR technology for application in unique interactive mobile games and toys. As of March 31, 2019, Blue Hat’s advanced AR technology in interactive entertainment is protected by 178 authorized patents with 44 patents in various stages of the application process.
Founded in 2010, Blue Hat’s proprietary technology, product research and development, marketing channels and brand operation are the cornerstones of the business. In the future, Blue Hat will continue to focus on AR interaction to upgrade the technology in order to engage more clients. Chen said he sees no slowing of China’s toys and mobile games industry, which is continuing to grow as China’s “second child” policy adds to the country’s population. Parents are proving they are more willing to spend money on interactive and technologically advanced toys and games.
The toy market in China was valued at $12 billion in 2017 and is projected to surpass $22 billion by 2023 at a compound annual growth rate of 11%, according to a ResearchAndMarkets report. Chen stated the niche interactive entertainment market hasn’t been developed yet, which places Blue Hat in an excellent position since it has developed a great base from which to grow in the future.
Listen to the full interview at: http://nnw.fm/Z9nIL
About Blue Hat Interactive Entertainment Technology
Blue Hat, headquartered in Xiamen, China, is a producer, developer and operator of augmented reality interactive entertainment games and toys, including interactive educational materials, mobile games, and toys with mobile game features. For more information, visit the company’s website at www.BlueHatGroup.net
NOTE TO INVESTORS: The latest news and updates relating to BHAT are available in the company’s newsroom at http://nnw.fm/BHAT
NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today's market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.
For more information, visit: www.NetworkNewsAudio.com
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.