Las Vegas, Nevada- October 24, 2005 - Wiremedia (Pink Sheets: WRMA) announced today that its Board of Directors has declared a three-for-one stock split. Stockholders of record on October 27, 2005 will be entitled to three shares of Common Stock for each share of the Company's Common Stock held on that date. The shares will be split on November 1, 2005. The board members of Wiremedia believe that the one-into-three stock split will make it easier for individuals to invest in Wiremedia.
About Wiremedia’s Bluetooth Advertising Delivery System:
Wiremedia's Bluetooth Mediaserver is a small pocket-sized caching server that delivers customized, rich media content and applications directly to cell phones, within a range of 100 to 300 meters of a specific location, at broadband speed. Cell phone users can receive coupons, video, audio, photos, text messages, mms, sms, java applications, etc. Wiremedia’s Bluetooth Mediaserver is a secure, permission-based system. Wiremedia's target customers are businesses seeking to provide location-based coupons, contextual advertising, and localized information to cell phone users within their vicinity. According to market intelligence provider IDC, “80 percent of all new mobile phones and 70 percent of all PDAs are expected to come equipped with Bluetooth access in 2006.”
Intuitive and Costless for End-Users
Wiremedia's solution is based on Bluetooth, the standard platform for short-range networking; the Bluetooth Mediaserver can deliver content 10 times faster than downloading it via a mobile network. And since the content originates from our system there are no network charges for the brand and no data airtime charges for the consumer.
About Wiremedia
Wiremedia (Pink Sheets: WRMA) is an emerging company focused on creating scalable mobile technologies and wireless data software applications. The company intends to leverage its immense expertise in mobile content marketing and distribution to deliver value-added mobile applications, services and content to the global market place. http://www.wiremedia.com.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995, and 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. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or anticipated in this release.
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