Swarmio Media Launches 'Lagless', a Subscription-Based Gamer Network Solution
- Lagless dramatically reduces latency, or "lag", and delivers an enhanced experience for gamers around the world
- Swarmio's Ember platform will bundle the Lagless solution with its subscription services and promote it via the Ember Store to its 100+ million captive base of telco users
- Lagless works with Swarmio's Latency-optimized Edge Computing (LEC) infrastructure and utilizes intelligent network routing algorithms to reduce latency up to 80% and deliver the best gaming experience for players
TORONTO, June 16, 2022 /CNW/ - Swarmio Media Holdings Inc. (CSE: SWRM) (OTC: SWMIF) ('Swarmio' or 'the Company'), a technology company focused on the global deployment of its gaming and esports platform via its telecom operator ("telco") partners, announces the launch of 'Lagless', a high performance gamer network solution for reducing latency.
Targeting both competitive and casual players, the subscription-based solution addresses one of the most common and significant issues facing global gamers: latency - also known as "lag" and "ping". Lagless works with Swarmio's Latency-optimized Edge Computing (LEC) infrastructure and utilizes intelligent network routing algorithms to reduce latency up to 80% and deliver the best gaming experience for players.
Swarmio's Ember platform will bundle the Lagless solution with its premium membership and make it available for its users with a deep discount in the Ember store. Swarmio will leverage its gamification engine, platform events, influencer network and the telco marketing channels to promote and market the Lagless solution to the 100+ million captive telco users in Asia, the Middle East, Africa and LATAM. All revenues generated by Lagless subscriptions within the Ember platform will be subject to a revenue share agreement between the telco provider and Swarmio.
"Lagless is one of the many solutions Swarmio plans to introduce to the 100+ million captive telco users to enhance their gaming experience." said Vijai Karthigesu, CEO of Swarmio. "Lagless expands Swarmio Store's offerings providing gamers with seamless access to a one-stop shop for in-game items, merchandise and accessories. It also expands Swarmio Pay usage, which integrates telco payments, credit card processing, mobile wallets, and other local payment gateways. With Lagless, we're expanding our portfolio of incredible gaming experiences in rapid-growth gaming regions."
All new and existing Ember premium members will receive Lagless service at no additional cost for the first three months. All Ember members can receive the Lagless service at $5.18 USD per month, a 25% discount to the retail value of $6.90 USD per month.
For more information about Lagless, please visit the website at: https://lagless.net/
Lagless can also be purchased in any of our Ember partner sites:
Globe Telecom (Philippines): https://globe.emberhub.gg/store
Ooredoo (Tunisia): https://ooredoo.emberhub.gg/store
SLTmobitel (Sri Lanka): https://esports.slt.lk/rewards
Swarmio Media (CSE: SWRM; OTC: SWMIF) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform, Ember, which enables telcos to monetize their gaming customers. Swarmio has engaged with several telcos that have launched Ember as an add-on service, allowing subscribers to access tournaments, engage in a localized gaming community, challenge friends and influencers, and earn points that can be used to purchase gaming content. Ember is powered by Swarmio's patented Latency-Optimized Edge Cloud ('LEC') technology, which reduces lag and allows gamers to enjoy an optimized gaming experience.
Swarmio's fully managed, plug-and-play Ember platform can be quickly and seamlessly integrated with major telco operations, allowing telcos to engage and monetize gaming subscribers and gain immediate and meaningful access to the US$200 billion gaming market.
Ember provides a proprietary digital hub for gaming communities, allowing gamers to access an ultra-low-latency playing experience, competitive challenges and tournaments, exclusive gaming content, managed communities, gamification and points system, online store (Swarmio Store), gamer e-wallet (Swarmio Pay), and customized digital content.
Lagless is a high performance application for improving latency (ping). The simultaneous use of routes allows the reduction of ping, correction of packet loss, ping points and even connection drops. Lagless works like an internet GPS, through a route calculation algorithm reducing ping by up to 80%.
For more information please visit:
Swarmio Investor Website (https://swarmio.media/investors)
Swarmio on LinkedIn (https://www.linkedin.com/company/swarmiomedia)
Swarmio on Twitter (https://twitter.com/SwarmioMedia)
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation: statements about the Company's growth, the Company's ability to capitalize on the major WHOLESALE opportunity in the gaming and esports market, anticipated benefits to the Company's partners and their customers from using the Company's products, ongoing discussions with potential new customers or partners and the possibility that such discussions may result in additional contracts or revenue for the Company, the Company's future plans, its goals and expectations, including but not limited to, the Company's continuing ability to enter into agreements to deploy its products with international telecommunications companies and game publishers and its ability to monetize these agreements through generating SaaS-based revenues are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the risks identified in the Companies long-form prospectus dated November 10, 2021 (which can be accessed through the Company's profile on www.sedar.com). Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the respective companies undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.
SOURCE Swarmio Media Holdings Inc.
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