m-Wise Inc. Launches Its First Mobile Entertainment Service in the U.S.
> WILMINGTON, Del., March 7, 2005 (PRIMEZONE) -- m-Wise, Inc. (OTCBB:MWIS) announced today the launch of its first mobile entertainment service with strategic business counterparts in the United States.
m-Wise is supplying its MOMA Content Management and Delivery Platform as a fully hosted service including the management of all content and delivery to U.S.-based subscribers and the management and deployment of billing over premium SMS. The platform is currently connected to premium billing accounts of U.S. mobile operators such as Cingular, AT&T and T-Mobile and the connectivity to Sprint PCS is expected in the near future. The content available to subscribers will include ringtones, pictures, games and video files all from a catalogue of thousands of top quality content items including known brands.
m-Wise has developed a number of strategic business alliances, which will be responsible for advertising the new mobile entertainment service to the U.S. market. A number of ads have already been placed in several popular teen magazines in the U.S. during the last weekend to a target audience of approximately 2-3 million magazine readers. Readers will be able to simply download the ringtones, pictures, games and video clips directly to their mobile phone by sending a simple text message (SMS) to a special short number detailed on the advertisements. The m-Wise Content Management and Delivery Platform will be responsible for delivering the required downloads to the U.S. subscriber.
The U.S. mobile content business has progressed by leaps and bounds recently as mobile content-related companies enjoy a massive growth in content sales compared with their European counterparts. The U.S. technology research firm Jupiter Research predicts the installed base of ringtone-capable phones in the U.S. will grow from 55 percent of handsets in 2004 to 100 percent by 2008. Downloads of music ringtones will grow from 6.1 million in 2004 to 332.6 million in 2009, creating U.S. revenues of $897 million in 2009.
Through its business alliances in the U.S., m-Wise will receive $0.05 to $0.1 per each single download -- with a minimum monthly amount guaranteed for each service. The current launch is part of a number of launches that are expected in the near future by several different marketing brands. As a fully hosted solution, the MOMA Content Management and Delivery Platform will allow the easy administration, configuration and management of the mobile entertainment service.
The m-Wise MOMA Service Delivery Platform consists of more than 1,000 value-added applications launched in connection to more than 50 European, American and Asian networks. m-Wise provides the industry's most robust and critical SDP for mobile operators, wireless ASPs and large content and media providers. The MOMA SDP increases data traffic and premium revenues and considerably minimizes capital, commercial, training and technical requirements for the management and control of value-added-services. Furthermore, the MOMA Content Management and Delivery Engine allows for the easy management, administration, sale, pricing, delivery, reporting, DRM and copyrights management, allowing m-Wise to offer white-labeled, ready-to-go mobile content portals to its customers.
About m-Wise
Founded in February 2000, m-Wise has rapidly established itself as a leading technology provider with the de facto Service Delivery Platform and related value-added data engines. Working closely with leading operators, ASPs and content providers, m-Wise is committed to taking the lead and keeping up to date with the latest industry headways in areas as diverse as content management and delivery, infotainment, mobile gaming and mobile community services.
The Service Delivery Platform, the MOMA Platform, includes carrier-grade application provisioning and development utilities, infrastructure connectivity layers, billing, global delivery, content management, and customer support tools.
Safe-Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. m-Wise's actual results could differ materially from those discussed in such forward-looking statements based on a variety of factors not under the control of m-Wise including but not limited to, market conditions, level of investment on technology, changes in operating conditions and costs, technology developments, etc. m-Wise assumes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
CONTACT: Investor Relations m-Wise, Inc. Gabriel Kabazo, CFO 011 972 9961 1212 Ext. 110 ir@m-Wise.com
Sales and Marketing Zach Sivan Vice President Sales and Marketing sales@m-wise.com
Posts: 768 | From: Ingland | Registered: May 2004
| IP: Logged |
m-Wise, Inc. Announces the Successful Completion of Listing Its Shares on Nasdaq
> WILMINGTON, Del., March 1, 2005 (PRIMEZONE) -- m-Wise, Inc. (OTCBB:MWIS) announced today that it had successfully completed the process of listing its securities on Nasdaq and that the company's shares commenced trading on the Nasdaq OTC Bulletin Board under the symbol MWIS.OB.
The public listing marks a turning point in the history of m-Wise and is likely to cause changes in the operating strategy of m-Wise.
m-Wise, a prominent wireless middleware technology provider, was founded in 2000 and has quickly taken the lead with the latest industry headways in areas as diverse as content management and delivery, infotainment, mobile gaming and mobile community services. Now comprising of over 1,000 value-added services and applications launched on more than 50 European, American and Asian networks m-Wise provides the industry's most robust and critical Service Delivery Platform for mobile operators, wireless ASPs and large content and media providers. The m-Wise MOMA Service Delivery Platform increases data traffic and premium revenues and considerably minimizes capital, commercial, training and technical requirements for the management and control of value-added services. For more information on m-Wise please visit our web site at www.m-wise.com.
m-Wise will make more information regarding its business readily available in the up and coming days.
"We are delighted with the position that the company is now in, a position of growth and increasing market share," said Mati Broudo and Shay Ben-Asulin, founders and directors of the issuer. "We are extremely optimistic at this time and would like to thank everybody for their ongoing and continuous support."
For the past two years m-Wise has been in the process of taking the company public and completing all its regulatory and statutory requirements to obtain public listing with Nasdaq.
Safe-Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. m-Wise's actual results could differ materially from those discussed in such forward-looking statements based on a variety of factors not under the control of m-Wise including but not limited to, market conditions, level of investment on technology, changes in operating conditions and costs, technology developments, etc. m-Wise assumes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
m-Wise, Inc. Provides Additional Information on its Business
> WILMINGTON, Del., March 3, 2005 (PRIMEZONE) -- m-Wise, Inc. (OTCBB:MWIS): Following us commencing trading on the Nasdaq OTC Bulletin Board under the symbol 'MWIS' on Monday, February 28, 2005, and in response to requests for information from investors, we provide the public with an additional description of the Company.
Founded in February 2000, m-Wise has rapidly established itself as a leading technology provider with our MOMA Service Delivery Platform (SDP) and related value-added data engines for Mobile Operators, Wireless ASPs (application service providers), and large content and media generators. We have quickly positioned ourselves as one of the leaders in areas as diverse as content management and delivery, infotainment, mobile gaming and mobile community services.
Our SDP includes carrier-grade application provisioning and development utilities, infrastructure connectivity layers, billing, global delivery, content management, and customer support tools and has been proven to increase data traffic and premium revenues. Additionally, it considerably minimizes capital, commercial, training and technical requirements for the management and control of value-added-services services.
We boast a global portfolio of customers, such as: iTouch, one of the biggest content distributors worldwide, who uses our MOMA platform to manage content delivery in several markets and over tens of different wireless network; Vodafone Italy, who used our gaming engine to run branded prize games; and Comtrend, Taiwan, an independent application and content provider, who runs numerous successful services, such as chat, ringtones downloads and votes on our licensed platform.
With over 1,000 plug-and-play, language-independent applications and content services deployed over MMS, SMS, EMS, J2ME, WAP, USSD, IVR, Web and email and launched on more than 50 European, American and Asian networks, we provide one of the industry's most robust SDP for mobile operators, wireless ASPs and large content and media providers.
Our experienced management team consists of Shay Ben Asulin, co-founder and Chairman with management experience at Internet-related mobile communications and traditional media firms. Mati Broudo, co-founder and Chief Executive Officer, has a proven track record of founding and running hi-tech, retail and service firms. Gabriel Kabazo, Chief Financial Officer since 2002, has extensive experience with Nasdaq listed companies; Asaf Lewin, CTO, has a distinguished record in senior management and technological leadership and Zach Sivan, Vice President Sales & Marketing, has a proven track record in sales, business development, distribution channel development and M&A within the telecoms and enterprise messaging industries.
We continue to release industry-leading solutions that increase our clients' time-to-market and profitability from both current and next generation value-added mobile services. For more information about us please visit our web site at www.m-wise.com.
Safe-Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. m-Wise's actual results could differ materially from those discussed in such forward-looking statements based on a variety of factors not under the control of m-Wise including but not limited to, market conditions, level of investment on technology, changes in operating conditions and costs, technology developments, etc. m-Wise assumes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
CONTACT: m-Wise, Inc. Gabriel Kabazo, CFO 011 972 9961 1212 Ext. 110 ir@m-Wise.com
Posts: 768 | From: Ingland | Registered: May 2004
| IP: Logged |
posted
m-Wise, Inc. Completed Product Delivery Pursuant to Contract with a Mobile Operator in Mexico 03/08/2005 Provided By PrimeZone
WILMINGTON, Del., Mar 8, 2005 (PRIMEZONE via COMTEX) -- Further to certain press speculations in the past few days, the management of m-Wise, Inc. (MWIS) is clarifying that pursuant to its contract with Unefon S.A, the Company has successfully completed the installation of its MOMA Service Delivery Platform (SDP) at Unefon, a CDMA mobile operator in Mexico.
The delivery was described in form 10QSB filed with the Securities and Exchange Commission (SEC) on November 18, 2004. Revenues derived from the contract with Unefon S.A. for the nine months ended on September 30, 2004 were $659,000. The products that were installed on the customer's site were the MOMA SDP, the Content Management and Delivery Engine and the MOMA MMSC.
These products enable Unefon to rapidly launch value-added mobile services, such as content downloads, entertainment and information on demand, for its growing customer base.
Other highlights from the financial results of m-Wise, Inc. for September 2004 are:
Revenues for the third quarter rose to $900,501, up 1,047% from $78,481 in the same period last year, and up 721% from the previous quarter. The increase primarily consisted of revenues derived from the contract with Unefon S.A.
Gross profit climbed to 86% from 65% in the same period last year. Operating income was $400,104 compared to an operating loss of ($270,998) in the same period in 2003. Net income for the quarter ended September 30, 2004 was $400,104 compared with a net loss of ($358,435) in the same period last year.
Revenues for the first nine months increased 259% to $1,134,179 from $316,352 for the same period of last year. Gross profit climbed to 85% from 65% in the same period last year. Operating loss decreased to ($104,605) from ($1,422,484) in the same period in 2003. Net loss for the first nine months decreased to ($104,605) from ($1,628,027) in the same period in 2003.
About m-Wise
Founded in February 2000, m-Wise has rapidly established itself as a leading technology provider with its Service Delivery Platform and related value-added services engines. Working closely with leading operators, ASPs and content providers, m-Wise is committed to taking the lead and keeping up to date with the latest industry headways in areas as diverse as content management and delivery, infotainment, mobile gaming and mobile community services. The Service Delivery Platform, the MOMA Platform, includes carrier-grade application provisioning and development utilities, infrastructure connectivity layers, billing, global delivery, content management, and customer support tools.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
