AMPD Announces Major AMPD Storage Agreement with Bardel Entertainment, Inc.

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VANCOUVER, BC / ACCESSWIRE / October 19, 2021 / AMPD Ventures Inc. (“AMPD” or the “Company”) (CSE: AMPD) (OTCQB: AMPDF) (FRA: 2Q0), a next-generation digital infrastructure provider, is pleased to announce that it has entered into an agreement with Vancouver-based Bardel Entertainment, Inc. to provide state-of-the-art NVMe-based storage as part of its solution. AMPD storage.

“AMPD’s decades of experience in digital media technology means we know that all data is NOT created equal. As a result, AMPD storage represents a multi-tiered approach, including super-fast Tier 1 NVMe storage with a parallel file system that allows thousands of compute cores to access data simultaneously, ”said Anthony Brown, CEO of AMPD Ventures. “This is crucial for businesses with extremely large and intense compute workloads such as 3D rendering for TV and movies, as it allows them to apply as much parallel processing as needed without creating a bottleneck. to access the data that needs to be processed. “

“As Bardel Entertainment grows to handle the demands for higher resolution graphics for our shows, we needed a storage system capable of handling millions of IOPS (input / output operations per second ) and hundreds of gigabits per second of throughput. There are a very limited number of solutions capable of handling this type of performance, and AMPD was able to partner with us to design the perfect balance between lightning-fast performance and cost-efficiency, ”said Eric Legaspi, vice president of technology at Bardel Entertainment Inc.

The AMPD storage solution also includes economical Layer 2 SSD flash storage and Layer 3 spinning disk storage for archiving. AMPD storage will be part of the recently announced AMPD virtual studio suite and will be co-located alongside AMPD virtual desktop and AMPD rendering solutions in urban data centers, in line with AMPD’s development of the high-performance edge. All solutions are made available to customers as part of an op-ex business model at the appropriate scale whereby they pay only for the compute capacity they need.

AMPD is representative of a new generation of independent, industry-driven service providers offering underlying infrastructure solutions to address the low latency and high performance demands of the latest applications, while providing the convenience of models. cloud computing business. The AMPD team has been providing HPC compute and cloud solutions to the video game, animation and visual effects industries for nearly two decades and are fully committed to delivering the technology required for the continued transition to virtual and real-time production made possible by advancements in game engine technology and convergence in the digital content creation industry.

About AMPD Ventures Inc.

AMPD specializes in providing high performance cloud and computing solutions for low latency applications including video games and esports, digital animation and visual effects, as well as the collection, analysis and visualization of Big Data. Additional information on the Company is available on SEDAR and on our website at http://www.ampd.tech.

For more information, please contact AMPD Investor Relations:
Phone. : 604-332-3329 ext. 3
ir@ampd.tech
http://www.ampd.tech

ON BEHALF OF THE BOARD OF DIRECTORS
/ s / “Anthony Brown”

CONTACT:

Anthony brown
CEO and director
AMPD Ventures Inc.
Phone. : 604-332-3329

About Bardel Entertainment Inc.

An Emmy Award-winning studio, Bardel Entertainment Inc. has been a leading provider of animation services in North America for over 30 years due to its stellar reputation based on three core values: quality, quality, creativity and innovation. Bardel has more than 500 employees in two state-of-the-art studios, one in Vancouver and the other in Kelowna, Canada. Currently, Bardel produces content for a diverse roster of high profile contributors, including Netflix, Cartoon Network, Rick and Morty LLC, and Warner Brothers. Bardel also produces feature films, prime-time series, children’s and preschool television series, as well as projects for the SVOD and VOD platforms. In 2015, Bardel was acquired by Rainbow Group, based in Italy, one of the largest animation studios and licensors in the world.

Caution

Certain information contained in this press release constitutes forward-looking information under Canadian securities laws. Often, but not always, forward-looking information can be identified by the use of forward-looking terms such as “plans”, “targets”, “expects”, “is positioned”, “estimated”, “intention” , “Assumes”, “anticipates” or “believes” or variations or negative aspects of these words and expressions or declares that certain actions, events or results “could”, “could”, “could”, “could”, ” will be ”or“ will be taken ”,“ occur ”or“ be reached ”.

Forward-looking information, by its nature, is based on assumptions and involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from the results. , future performance or achievements expressed or implied by forward-looking information. Although our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information will prove to be correct. In addition, if one or more of the risks, uncertainties or other factors materialize, or if the underlying assumptions prove to be incorrect, actual results may differ materially from those described in the forward-looking statements or information. These risks, uncertainties and other factors include: the possibility that our relationships with customers, prospects, partners and suppliers will not be as successful as we expect; the possibility that competitors will develop more convincing and more efficient solutions and products than ours; the possibility that our recently completed acquisitions may not yield the expected benefits; the possibility that the Company may not be able to meet its operational objectives; lower or slower demand or both for cloud and high-performance computing solutions; weaker and / or slower growth than expected in the sectors to which the Company addresses; and the factors discussed in the section entitled “Business Risk Factors” of our most recent MD&A filed on SEDAR.

There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, you should not place undue reliance on any forward-looking statements or information contained in this document. Except as required by law, we do not plan to update forward-looking statements and information on an ongoing basis as conditions change and you are referred to the full discussion of the Company’s business contained in the reports of the Company filed with securities regulatory authorities in Canada and elsewhere.

THE SOURCE: AMPD Ventures Inc.

See the source version on accesswire.com:
https://www.accesswire.com/668589/AMPD-Announces-Major-AMPD-Storage-Deal-with-Bardel-Entertainment-Inc


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