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Music Group Technologies Signs First-Ever Music AI Prompters, Establishes European HQ in Norway

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Tech company establishes a global presence with dual headquarters in Texas and Norway after acquiring Music Group AI and signing the music industry’s first-ever AI prompting artists

AUSTIN, Texas and BERGEN, Norway, Oct. 28, 2024 /PRNewswire/ — Music Group Technologies Inc., a pioneer in merging traditional music creation with artificial intelligence (AI) driven innovation, has acquired Music Group AI LLC to leverage its proprietary methods in music AI prompting. This move establishes Music Group Technologies’ United States headquarters in Austin, Texas, and its European headquarters in Bergen, Norway, solidifying its status as a global leader in music technology.

Music Group Technologies has become the first company in the music industry to recognize and sign prompters who use AI software such as Suno or Udio to create or enhance music. Two of the four engineers joining Music Group Technologies are based in the U.S., while the other two are based in Norway. This groundbreaking recognition of the role of AI-assisted music creators has the potential to redefine the modern music industry. In addition, MGT has signed three traditional artists — two in the U.S. and one in Norway.

“We’re at the forefront of something innovative and disruptive but truly exciting,” said Matt Alvers, Co-founder of Music Group Technologies. “While many in the music industry fear AI, our experience in both the music industry and with global technology sets us apart. Our talented developers are already working with previously signed artists, major music publishers, renowned artists and the estates of legendary musicians to repurpose lyrics and music.”

Music Group Technologies’ dual U.S. and European headquarters will serve as gateways for fostering technological innovation and artistic collaboration with international musicians and AI engineers.

“Skilled music AI engineers will be essential to the future of music, and mixing innovative prompting with musicians and songwriters marks a new revolution for the music industry,” said Paal Larsen, Co-founder of Music Group Technologies. “With dual headquarters in Austin and Bergen, we are strategically positioned to support both artists and creators on a global scale.”

Matt Alvers brings a unique blend of music industry and AI expertise to Music Group Technologies. From the early to mid-2000s, Alvers discovered rising talent and managed Top 40 artists signed to Universal, Elektra and MCA/Geffen Records. In 2003, Alvers helped showcase rising young talent Taylor Swift to multiple record executives at the Florida Music Festival, which was one of Swift’s first major industry showcases. In 2005, Alvers joined Larsen to expand the Norwegian-based tech company Meltwater Group across North America ahead of its $1 billion IPO. Most recently, Alvers was a Regional Vice President at tech giant Salesforce, where he focused on the industry’s cutting-edge technologies, including AI and Fortune 500 digital transformations.

Paal Larsen is a Norway-based entrepreneur, investor and software-as-a-service (SaaS) executive with a strong focus on developing people, teams and international companies. In the 2000s, Larsen worked in the U.S. music industry alongside Matt Alvers, helping launch the international careers of several prominent artists and shaping the artist development process. He later transitioned into tech, building and developing international companies in AI, security and sustainability. A key player in the success of Meltwater, Larsen contributed to the company’s global expansion across Europe, APAC and other regions, playing a pivotal role in its $1 billion IPO in 2020. As co-founder of the Terravera Foundation, he champions sustainability and responsible innovation across all ventures.

About Music Group Technologies Inc.

Music Group Technologies Inc. is a forward-thinking tech company serving the music industry. Founded by Matt Alvers and Paal Larsen, Music Group Technologies focuses on innovative digital solutions to move the industry forward and modernize go-to-market success. Music Group Technologies is the first company to sign music AI prompters as professional artists and songwriters. Its dual headquarters in Austin, Texas, and Bergen, Norway, serve as international centers for driving innovation with musicians, songwriters and producers. Music Group Technologies’ engineers specialize in cutting-edge music production tools. Visit musicgrouptechnologies.com for more information.

Media contact:
Raychel Lean
raychel@rep-ink.com
305-926-4875

View original content:https://www.prnewswire.com/news-releases/music-group-technologies-signs-first-ever-music-ai-prompters-establishes-european-hq-in-norway-302288973.html

SOURCE Music Group Technologies

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Lightwave Logic Director Frederick Leonberger to Retire from Board of Directors and Transition to Company’s Advisory Board

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ENGLEWOOD, Colo., Jan. 2, 2025 /PRNewswire/ — Lightwave Logic, Inc. (NASDAQ: LWLG) announced today that Dr. Frederick J. Leonberger will transition from the Company’s Board of Directors to the Company’s Advisory Board following his retirement from the Board on December 31, 2024. Dr. Leonberger’s retirement marks the conclusion of a distinguished eight-year tenure on the Board.

“On behalf of the entire Board of Directors, I would like to thank Fred for his outstanding service and counsel to Lightwave Logic over the past eight years,” said Ronald Bucci, Chairman of the Board. “We are deeply grateful for Fred’s commitment to our future success and appreciate his willingness to advise the Company as a member of our Advisory Board. We wish Fred all the best in his retirement.”

About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) www.lightwavelogic.com is a technology platform company leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor. The Company’s high activity and high stability organic polymers allow it to create next-generation photonic EO devices that convert data from electrical signals into light/optical signals for applications in telecommunications, and for data transmission potentially used to support generative AI.

Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1. A “Risk Factors” in our most recent Form 10-K and 10-Q; other risks to which our company is subject; other factors beyond the company’s control.

Contacts:
Ryan Coleman or Nick Teves
Alpha IR Group for Lightwave Logic
lwlg@alpha-ir.com
312-445-2870

View original content to download multimedia:https://www.prnewswire.com/news-releases/lightwave-logic-director-frederick-leonberger-to-retire-from-board-of-directors-and-transition-to-companys-advisory-board-302341640.html

SOURCE Lightwave Logic, Inc.

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Grace-Based Films Announces National Week of Hope Inspired by Documentary “A Case for Love”

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LOS ANGELES, Jan. 2, 2025 /PRNewswire/ — Grace-Based Films, a nonprofit film production company that produced the national hit documentary A Case for Love (www.acaseforlovemovie.com), is excited to announce the National Week of Hope, beginning on January 19th during the week of the US presidential inauguration. 

 

Individuals and organizations nationwide are invited to host film screenings in their communities, joining others who are fostering meaningful conversations during these challenging times. These screenings aim to inspire solidarity and promote constructive dialogue centered on love, compassion, and community, helping bridge divisions in our world.

A Case for Love has been seen by audiences across the United States and has served as a tool to engage in critical dialogues about how Americans might be able to see and accept the “others” in their lives with love and humanity. Churches, temples, schools, community centers, colleges and other organizations have used the film as a vehicle for discussion and learning.

A Case for Love is now available to rent or purchase on most streaming and cable platforms — including iTunes, Amazon, Vudu, DISH, DirecTV and other online retailers. National reactions to the film and testimony of its impact are available at https://acaseforlovemovie.com/response/.

Grace-Based Films (www.gracebasedfilms.org), a Los Angeles-based company, is dedicated to telling stories that work for 21st-century audiences. It’s the company’s mission to take people wherever they are in life’s messiness, remind them that they are always loved, and help them grow closer to themselves and their community.

To learn more about A Case for Love, the National Week of Hope, or Grace-Based Films, visit www.gracebasedfilms.org or contact:  media@gracebasedfilms.org.

Contact:
Brian Ide
President
Grace-Based Films
brian.Ide@gracebasedfilms.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/grace-based-films-announces-national-week-of-hope-inspired-by-documentary-a-case-for-love-302341620.html

SOURCE Grace-Based Films, Inc.

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LG REVEALS MULTIFUNCTIONAL 3-IN-1 PROJECTOR COMBINING LIGHTING AND SPEAKER AT CES 2025

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Company Redefines Space Efficiency and Versatility With Innovative Lifestyle Projectors: CES Award-winning 3-in-1 and Most Compact 4K UST Model Yet

ENGLEWOOD CLIFFS, N.J., Jan. 2, 2025 /PRNewswire/ — LG Electronics (LG) is reinforcing its reputation as a top provider of lifestyle projectors with the introduction of two brand-new models at CES 2025. Raising the bar for the lifestyle projector category, LG’s “new-concept” models are designed to deliver maximum space efficiency. The CES Innovation Award-winning PF600U is a versatile device that seamlessly combines a projector with a Bluetooth speaker and LED mood lamp, while the CineBeam S (model PU615U) has the distinction of being LG’s smallest-ever 4K Ultra Short Throw (UST) projector. Worthy successors to 2024’s popular LG CineBeam Q, the innovative, new models boast exceptional picture quality, design and ease-of-use; making them the ideal lifestyle companions for modern consumers.

PF600U: A Versatile 3-in-1 Lifestyle Companion for Everyday Spaces
The groundbreaking PF600U, a CES Innovation Award honoree, transforms living spaces with its multifunctionality. Serving as a projector, Bluetooth speaker and LED mood lamp, it can tailor any room’s ambiance to the user’s preferences. Whether enjoying a private theater, soothing visuals or a mood-lit listening session, it effortlessly curates a distinctive experience that enriches the moment.

Inspired by a floor lamp, the stand-pole design ensures intuitive usability and effortless integration into any space. It features FHD (1,920 x 1,080) resolution, 300 ANSI lumens of brightness and seamless OTT streaming via LG webOS for premium entertainment. Its stereo speakers with passive radiators offer rich and immersive sound, while the LED mood lamp enhances ambiance with nine colors and five brightness levels. Courtesy of its 110-degree tilting head and auto screen adjustment function, the extremely versatile companion supports a wide range of activities, from solo movie nights to immersive music sessions with friends.

CineBeam S: Compact 4K UST Projector Creates Freedom for Interior Design
The CineBeam S is LG’s smallest 4K UST projector, combining premium image quality with a sleek, compact and lightweight design that enables exceptional portability. Despite its compact size, it delivers stunning 4K UHD (3,840 x 2,160) resolution and 500 ANSI lumens of brightness, producing vivid, lifelike visuals with 154 percent coverage of the DCI-P3 color space. Its ultra-short throw capability projects images ranging from 40- to 100-inches with just a few inches of wall clearance, maximizing space utilization without compromising on immersion.

Featuring a minimalistic metallic finish, the CineBeam S blends effortlessly into modern interiors while its rich and immersive sound comes courtesy of its built-in stereo sound system with Dolby Atmos. Powered by LG webOS, it provides easy access to popular streaming platforms. Intuitive features, such as Auto Screen Adjustment, Wall Color Adjustment and Screen Scaling/Shifting, ensure stress-free setup and optimal screen alignment, adapting to various room configurations and wall surfaces.

“With the PF600U’s 3-in-1 versatility and the CineBeam S’s compact, ultra-short throw design, LG is setting a new standard for lifestyle projectors that cater to diverse spaces and user demands,” said YS Lee, vice president and head of the IT Business Unit, LG Media Entertainment Solution Company. “LG is dedicated to delivering versatile projectors that adapt to different moods and lifestyles while seamlessly integrating into various environments, elevating the everyday experiences of modern users.”

Specifications:

PF600U

PU615U

Resolution

FHD (1,920 x 1,080)

4K UHD (3,840 x 2,160)

Brightness

300 ANSI Lumens

500 ANSI Lumens

Contrast Ratio

150,000:1

450,000:1

Size (W x D x H)

290 x 290 x983

110 x 160 x 160mm

Weight

7.5kg

2.5kg

Light Source

LED (RGBB)

Laser (RGB)

Projection
Lens

Screen Size

30 – 120 inches

40 – 100 inches

Throw
Ratio (Min.)

1.2

0.25

HDR

HDR, HLG

HDR 10, HLG

Speaker

Stereo sound (Passive Radiator x 2)

Stereo sound with Dolby Atmos

Keystone

Auto Screen Adjustment

Auto Screen Adjustment

Platform

webOS

webOS

Wireless

Android / iOS

Android / iOS

Inputs

HDMI, USB Type-C

HDMI, USB Type-C

About LG Electronics USA

LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $68 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow. For more information, visit www.LG.com.

Media Contacts:

LG Electronics USA

LG Electronics USA  

Chris De Maria

Christin Rodriguez    

christopher.demaria@lge.com

christin.rodriguez@lge.com

LG-One

LGHEUS@LG-One.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lg-reveals-multifunctional-3-in-1-projector-combining-lighting-and-speaker-at-ces-2025-302341621.html

SOURCE LG Electronics USA

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