DUBAI AND SARASOTA, Fla. - July 8, 2013 (Investorideas.com newswire)
via PRWEB - Ignivia Technologies FZCO, a leading services provider, and
MobileBits Corp., (OTCBB: MBIT),
provider of the SAMYSMmobile marketing and engagement network, today
announced they have signed a multi-year, exclusive master agreement to
sell SAMY in Turkey and the Middle East's Gulf Cooperation Council
Region (GCC), which includes the United Arab Emirates (UAE), Kuwait,
Bahrain, Qatar, Oman, Saudi Arabia, Jordan and Lebanon.
SAMY is the award-winning, patent-pending direct mobile marketing
and engagement network that enables merchants and shopping centers to
extend their brand to popular smartphones and engage with new and
existing customers. SAMY also provides merchants an easy way to quickly
integrate all the important retail touch points including point of sale
(POS), gift cards, mobile offers, loyalty systems and more into one
single, synchronized mobile platform.
"MobileBits has been gaining significant inroads in the European
and American markets; we are delighted with this partnership and look
forward to contributing to its continued success by adding another
success story in the Middle East. There is a particularly robust outlook
for mobile marketing and engagement solutions and our role will be to
bring the best benefits and experience to both retailers and end users,"
said Mr. Yousef Shreim, President, Igniva Technologies.
According to AT Kearney, four of the Gulf States are in the top 20
countries of the 2013 Global Retail Development index with the UAE
ranked fifth (5th), Kuwait ninth (9th), Saudi Arabia sixteenth (16th)
and Oman seventeenth (17th).
"The Middle East has emerged as a hotbed of technology initiatives
given the aggressive modernization projects being undertaken across the
region. We view this as a very important strategic move that will
strengthen both MobileBits and Igniva Technologies' presence in the
region," added Mr. Yousef Shreim.
"We welcome the teams in the GCC region and Turkey. We believe that
our SAMY re-seller model is uniquely designed for partners who have the
ability to operate and manage the SAMY program in their country of
experience," said Walter Kostiuk, President & CEO of MobileBits.
"Ignivia brings an important sales and support component which will
enable them to deliver tremendous value to the region's merchants and
brands."
The GCC is the third territory where MobileBits has signed
agreements with a master reseller partner to distribute SAMY. Earlier,
MobileBits signed master agreements with partners in Italy and Russia,
who recently expanded their partnership to include Ukraine; bringing the
new total number of countries to sixteen (16).
About MobileBits Corporation
MobileBits, provider of SAMY, the fast growing 'Mobile Mall' that
provides any merchant, retailer or brand with an out-of-the box, ready
to deploy, mobile commerce platform to connect with consumers in their
local area and help increase sales in the physical store. The solution
provides businesses a complete set of tools to connect with, create and
manage mobile campaigns, deals, offers, commerce, loyalty and rewards to
a subscribed mobile consumer. For more information, visit http://www.mobilebits.com or http://www.samy.com.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. By their nature, forward-looking
statements and forecasts involve risks and uncertainties because they
relate to events and depend on circumstances that will occur in the near
future. There are a number of factors that could cause actual results
and developments to differ materially from forecasted results. These
risks and uncertainties include our ability to: attract end users;
attract advertisers; our ability to successfully implement our current
long-term growth strategy; as well as product demand, market
competition, fluctuations in advertising payouts, delays in website
& application development, technical issues beyond our control,
reliance on the various platforms that we build applications on, and
risks inherent in our operations. For a discussion of these risks and
uncertainties, please see our filings with the Securities and Exchange
Commission. Our public filings with the SEC are available from
commercial document retrieval services and at the website maintained by
the SEC at http://www.sec.gov.
For more information contact:
JoLynn Blatz
MobileBits Corp.
T: 941.225.6103
jolynn.blatz@mobilebits.com
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/7/prweb10898187.htm
Published at Investorideas.com newswire
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Monday, July 8, 2013
Tuesday, June 25, 2013
China Social Media Stock Alert: UMeWorld's (OTCQB:UMEWF) Video Platform Reaches 2.7 Million Unique Visitors
HONG KONG - June 25, 2013 (Investorideas.com newswire) Chinese Internet Stock Alert : MeWorld Limited (OTCQB: UMEWF)
is pleased to announce that UMeLook.com, an online video platform
focused on bringing foreign video content to China, has reached 2.7
million unique visitors since launching the newly redesigned site on May
24, 2013. UMeLook.com also enjoyed over 9.4 million page views in the
same period. The page views have been steadily increasing to over
500,000 a day.
"I'm enormously pleased that UMeLook.com has reached this
impressive milestone," said Michael Lee, President & CEO of
UMeWorld. "This traffic number is all the more impressive given that it
has been achieved in just over one month. However, this is just a
sign-post on the way to UMeLook.com becoming a global e-commerce
platform assisting small and medium brands worldwide to expand into the
Chinese market."
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com – Big Ideas for Global Investors
Sign up for the free investor news and stock alerts at Investorideas.com
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com – Big Ideas for Global Investors
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Thursday, June 20, 2013
Chinese Internet Stocks to Watch: (BIDU), (UMEWF), (YOKU) and the Chinese Online Video Market
New York, NY / Point Roberts, WA - June 20, 2013
(www.investorideas.com newswire) Investorideas.com staff:
Investorideas.com, an investor research portal specializing in sector
research for independent investors issues a snapshot for the online
Chinese video market and some of the publicly traded companies in the
space. The big players are targeting the growing online and mobile
market in China with acquisitions and strategic partnering, while new
start-up company UMeWorld (OTCQB: UMEWF) is aiming for its audience with foreign content.
Search engine company Baidu, Inc. (NasdaqGS: BIDU), currently with the largest online video platform, announced in May its acquisition of the online video business of leading Internet video provider PPS for US $370 million.
Baidu and PPS expect the transaction to close in the second quarter of 2013, subject to customary closing conditions. Upon completion of the transaction, the PPS online video business will be consolidated into Baidu's financial statements. PPS's online video business will be merged with Baidu's own video platform iQiyi.
UMeWorld (OTCQB: UMEWF) operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout Mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device within China. UMeWorld intends to focus its future operations on digital media and the digital education market.
According to a recent press release from the company, "China has a population of 550 million "webizens," many of whom are glued to tablets or smartphones as they make their daily commute; mobile Web users last year totaled 420 million, an increase of nearly 18% from the previous year. However, the competition for "eyeballs" is fierce. Unlike many local online video companies who focus on local TV series and movies, UMeLook is uniquely positioned to provide foreign UGC video content of 3 to 8 minutes duration. UMeLook is targeting Chinese viewers between the ages of 18 and 45 years old who are interested in foreign information, products and brands.”
A recent report from www.iresearchchina.com notes, "Revenue of China online video attained 2.42 billion Yuan in Q1 2013, with a year on year growth of 39.5% and a quarter on quarter drop of 11.0% influenced by decreasing seasonal advertising. As the online video markets are gradually driven by multi-devices, commercialization of mobile internet will affect whole video industry in the future.”
Youku Tudou (NYSE: YOKU) recently signed a deal with SINA Corporation (NasdaqGS: SINA) to promote its video content on PC and mobile platforms.
Youku Tudou reported, "Under the deal, in exchange for access to Youku Tudou's video library, SINA will leverage their PC and mobile platform to promote Youku Tudou's licensed content to its users on Weibo. The multi-screen strategic collaboration also draws on huge gains in mobile traffic for both companies – 76% of Weibo's daily active users access Weibo through mobile devices, while Youku Tudou counts 170 million daily mobile views.”
Research report link:
http://www.iresearchchina.com/views/4905.html
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source – www.Investorideas.com
Baidu and PPS expect the transaction to close in the second quarter of 2013, subject to customary closing conditions. Upon completion of the transaction, the PPS online video business will be consolidated into Baidu's financial statements. PPS's online video business will be merged with Baidu's own video platform iQiyi.
UMeWorld (OTCQB: UMEWF) operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout Mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device within China. UMeWorld intends to focus its future operations on digital media and the digital education market.
According to a recent press release from the company, "China has a population of 550 million "webizens," many of whom are glued to tablets or smartphones as they make their daily commute; mobile Web users last year totaled 420 million, an increase of nearly 18% from the previous year. However, the competition for "eyeballs" is fierce. Unlike many local online video companies who focus on local TV series and movies, UMeLook is uniquely positioned to provide foreign UGC video content of 3 to 8 minutes duration. UMeLook is targeting Chinese viewers between the ages of 18 and 45 years old who are interested in foreign information, products and brands.”
A recent report from www.iresearchchina.com notes, "Revenue of China online video attained 2.42 billion Yuan in Q1 2013, with a year on year growth of 39.5% and a quarter on quarter drop of 11.0% influenced by decreasing seasonal advertising. As the online video markets are gradually driven by multi-devices, commercialization of mobile internet will affect whole video industry in the future.”
Youku Tudou (NYSE: YOKU) recently signed a deal with SINA Corporation (NasdaqGS: SINA) to promote its video content on PC and mobile platforms.
Youku Tudou reported, "Under the deal, in exchange for access to Youku Tudou's video library, SINA will leverage their PC and mobile platform to promote Youku Tudou's licensed content to its users on Weibo. The multi-screen strategic collaboration also draws on huge gains in mobile traffic for both companies – 76% of Weibo's daily active users access Weibo through mobile devices, while Youku Tudou counts 170 million daily mobile views.”
Research report link:
http://www.iresearchchina.com/views/4905.html
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more.
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Sign up for the free investor news and stock alerts at Investorideas.com
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source – www.Investorideas.com
Tuesday, June 11, 2013
Mobile Payment Stock Alert: CALPIAN'S (OTCQB:CLPI) Money-on-Mobile Serves over 53 Million Unique Users
Dallas, TX - June 11, 2013 (Investorideas.com mobile payment stocks newswire) Calpian, Inc. (OTCQB:CLPI)
announced today that, as of May 31, 2013, the Money-on-Mobile service
offered by its Indian subsidiary is now being supported by 138,711
retail locations, increased from 134,200 on April 30, 2013.
Additionally, Money-on-Mobile was accessed by approximately 53 million
unique phone number customers as of May 312013, up from the 49 million
reported from the previous month. Processed transaction volume for May
2013, which is measured in Indian rupees, was slightly over 887.3
million INR – an approximate 36 million increase over April 2013
processed volume. At current exchange rates, May processed transaction
volume was approximately $15.6 million.
According to Calpian CEO, Harold Montgomery, "It has now been
slightly over a year since our initial investment in Money-on-Mobile and
the company has outperformed our expectations. Money-on-Mobile’s
consistent growth each month indicates to us that the service has
considerable room to grow in what is one of the largest consumer markets
in the world."
About Calpian, Inc.
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas , Texas , operating centers in Georgia , New York and Illinois and mobile payments emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 134,200 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.
Contact:
Calpian, Inc.
Cynthia Bailey, 214-758-8600
Chief Marketing Officer
cbailey@calpian.com
or
Company Contact:
Harold Montgomery, 214-758-8600
CEO
haroldmontgomery@calpian.com
or
Investor Relations Contact:
John Liviakis, 415-389-4670
john@Liviakis.com
About Calpian, Inc.
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas , Texas , operating centers in Georgia , New York and Illinois and mobile payments emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 134,200 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.
Contact:
Calpian, Inc.
Cynthia Bailey, 214-758-8600
Chief Marketing Officer
cbailey@calpian.com
or
Company Contact:
Harold Montgomery, 214-758-8600
CEO
haroldmontgomery@calpian.com
or
Investor Relations Contact:
John Liviakis, 415-389-4670
john@Liviakis.com
Published at Investorideas.com newswire
Disclaimer/ Disclosure: The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure : Calpian ( OTC:CLPI) compensates Investorideas.com for news publishing and distribution and company profile : effective December 19th 2012 : five thousand per month and restricted 144 shares. http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Disclaimer/ Disclosure: The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure : Calpian ( OTC:CLPI) compensates Investorideas.com for news publishing and distribution and company profile : effective December 19th 2012 : five thousand per month and restricted 144 shares. http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Monday, June 10, 2013
Social Media Stock News: UMeLook (OTC: UMEWF) Prepares to Launch SmartStar Cloud-Based Adaptive Learning Education Platform
HONG KONG - June 10, 2013 (Investorideas.com newswire) UMeWorld Limited ( OTCQB: UMEWF)
is pleased to announce the beta launch of SmartStar in China, a
cloud-based, adaptive learning education platform, under its digital
education business
division. Unlike traditional online courseware, SmartStar provides a
concept-level assessment and evaluation of a student's learning
progress. It identifies the student's strengths, weaknesses, their
proficiency in a given subject area and personalizes the delivery of
proprietary educational items according to the student's learning needs.
SmartStar is also capable of providing scoring and statistical analysis
of exams and evaluations and to provide administration of local and
nationally standardized exams. It is ideal for schools and teachers.
SmartStar will be available through a monthly subscription,
enabling the user to have unlimited access via the internet. UMeWorld is
in discussions with several national distributors who will offer
SmartStar pre-paid cards that can be used against a monthly
subscription.
"SmartStar is on track to become a leading education service provider in China," said Michael Lee, CEO of UMeWorld. "The K-12 education system in China is the largest in the world comprising 230 million students and 12 million teachers. Chinese families spend more discretionary income on education than anything other expense, except for housing. The educational landscape in China is highly competitive. Schools dictate entrance requirements for students. This motivates parents to ensure that their children have access to the best educational tools. SmartStar is one such tool."
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com newswire
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
"SmartStar is on track to become a leading education service provider in China," said Michael Lee, CEO of UMeWorld. "The K-12 education system in China is the largest in the world comprising 230 million students and 12 million teachers. Chinese families spend more discretionary income on education than anything other expense, except for housing. The educational landscape in China is highly competitive. Schools dictate entrance requirements for students. This motivates parents to ensure that their children have access to the best educational tools. SmartStar is one such tool."
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com newswire
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Thursday, May 30, 2013
Chinese Internet Video Company UMeWorld (UMEWF) Provides Update
HONG KONG - May 30, 2013 (Investorideas.com newswire) The management team of UMeWorld Limited ( OTCQB: UMEWF ) is pleased to provide the following corporate updates in relation to its 2013 growth and expansion plans.
"Recent initiatives by the Company to becoming a niche player in the digital media space in China demonstrate that the we are achieving our business plan," said Michael Lee, UMeWorld's President & CEO.
While the Company has attained a number of recent achievements, Mr. Lee notes the following pivotal and important reasons for anticipated UMeWorld's future success:
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com newswire
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
"Recent initiatives by the Company to becoming a niche player in the digital media space in China demonstrate that the we are achieving our business plan," said Michael Lee, UMeWorld's President & CEO.
While the Company has attained a number of recent achievements, Mr. Lee notes the following pivotal and important reasons for anticipated UMeWorld's future success:
- Significant Web Site Audience Traffic Increase. In the 7-month period since the beta launch of UMeLook.com, to date, the company has realized significant increase in viewership. UMeLook.com is a niche player in the Chinese online video market, wherein the competition is focused on local TV series and, we different ourselves by focusing on foreign videos of less than 10 minutes duration and target affluent Chinese viewers between the age of 18-45 who are interested in foreign information, products and brands. UMeLook.com has also succeeded in entering the Chinese online video market where global players such as YouTube and Dailymotion are blocked and inaccessible in China. UMeLook.com will continue to drive viewership aggressively and in conjunction, are preparing to launch a global e-commerce platform assisting small and medium brands from worldwide sources, to expand into the Chinese market. The company hopes to generate significant advertising revenue from this e-commerce platform.
- Strategic Partnerships and Alliances Add Value. The Company is actively involved with its strategic partners. These include leading Chinese telecom giants such as China Mobile. They extend UMeLook's audience reach, while creating new revenue opportunities through increased page views, and co-branded initiatives.
- UMeWord is in the final development stage of an online education platform using a proprietary adaptive learning technology, designed to enhance the performance of Chinese teachers and students. There are over 170 million primary and secondary students in China, of which the company estimates over 100 million can afford to access and be benefited from this platform. The Company anticipates unveiling this online education platform in the upcoming new school year in September 2013.
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com newswire
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Tuesday, May 28, 2013
Chinese Social Media Stocks Investor Alert: ( TCTZF), (UMEWF), (BIDU), (RENN)
Point Roberts, WA - May 28, 2013 (Investorideas.com newswire)
Investorideas.com staff: Investorideas.com, an investor research portal
specializing in sector research for independent investors issues an
alert for Chinese social media stocks
Tencent Holdings Ltd. (TCTZF), (SEHK 00700) services include QQ, Weixin and WeChat for communications; Qzone for social networking; QQ Game Platform for online games; QQ.com for information; as well as our eCommerce open platform.. The company reported first quarter results May 15 th . Total revenues were RMB13,547.6 million (USD2,161.1million[1]), an increase of 11.5% over the fourth quarter of 2012 ("QoQ") or an increase of 40.4% over the first quarter of 2012 ("YoY"). The stock has made some big moves for investors in the past month, with a low range of just under $30 to trading as high as $40 and now currently trading at $38.
UMeWorld Limited (OTC: UMEWF) recently announces the launch of its newly redesigned website, UMeLook.com . The stock moved from under .40 to currently trading at .$0.48 on the news. UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Baidu, Inc. (NasdaqGS: BIDU) is trading at $98.07, gaining $1.62(1.68%) as of 10:45AM EDT on over 2 Million shares. On May 7th they announced the acquisition of the online video business of leading Internet video provider PPS for US $370 million.
Baidu and PPS expect the transaction to close in the second quarter of 2013, subject to customary closing conditions. Upon completion of the transaction, the PPS online video business will be consolidated into Baidu's financial statements. PPS's online video business will be merged with Baidu's own video platform iQiyi.
Renren Inc. (NYSE: RENN) is trading at $3.0597, gaining 0.0797(2.67%) as of 10:49AM EDT this morning over 1 Million shares. The company, a leading real-name social networking internet platform in China, reported its unaudited financial results for the first quarter ended March 31, 2013 earlier this month. Total net revenues were US$46.6 million, a 45.2% increase from the corresponding period in 2012.
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com or Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Tencent Holdings Ltd. (TCTZF), (SEHK 00700) services include QQ, Weixin and WeChat for communications; Qzone for social networking; QQ Game Platform for online games; QQ.com for information; as well as our eCommerce open platform.. The company reported first quarter results May 15 th . Total revenues were RMB13,547.6 million (USD2,161.1million[1]), an increase of 11.5% over the fourth quarter of 2012 ("QoQ") or an increase of 40.4% over the first quarter of 2012 ("YoY"). The stock has made some big moves for investors in the past month, with a low range of just under $30 to trading as high as $40 and now currently trading at $38.
UMeWorld Limited (OTC: UMEWF) recently announces the launch of its newly redesigned website, UMeLook.com . The stock moved from under .40 to currently trading at .$0.48 on the news. UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Baidu, Inc. (NasdaqGS: BIDU) is trading at $98.07, gaining $1.62(1.68%) as of 10:45AM EDT on over 2 Million shares. On May 7th they announced the acquisition of the online video business of leading Internet video provider PPS for US $370 million.
Baidu and PPS expect the transaction to close in the second quarter of 2013, subject to customary closing conditions. Upon completion of the transaction, the PPS online video business will be consolidated into Baidu's financial statements. PPS's online video business will be merged with Baidu's own video platform iQiyi.
Renren Inc. (NYSE: RENN) is trading at $3.0597, gaining 0.0797(2.67%) as of 10:49AM EDT this morning over 1 Million shares. The company, a leading real-name social networking internet platform in China, reported its unaudited financial results for the first quarter ended March 31, 2013 earlier this month. Total net revenues were US$46.6 million, a 45.2% increase from the corresponding period in 2012.
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InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .
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Sign up for the free investor news and stock alerts at Investorideas.com
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com or Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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