FierceWirelessFierceWirelessEuropeFierceDeveloperFierceMobileContentFierceBroadbandWirelessFierceVoIPFierceIPTVFierceTelecomFierceOnlineVideo

Free Newsletter

About | View Sample | Privacy

uVuMobile And Action Engine Sign Licensing Agreement For Mobile Streaming Video And Advertising Service

Tools
  • Email
  • Print
  • Contact Author
  • Digg
  • Reddit

Posted March 26, 2008

uVuMobile, Inc.™ (OTCBB: UVUM.OB) (the “Company”)
announced today that it has signed a licensing agreement with Action
Engine, The On-Device Portal Companyâ„¢ to
provide an integrated multimedia services platform that gives media
companies and wireless operators a user-friendly experience for
streaming video and audio content on a wireless device. This agreement
will enable Action Engine customers to enhance their on-device portals
with rich, on-demand multimedia options that can be advertising enabled.

Mobile multimedia continues to be one of the fastest growing services in
the wireless industry. According to Research and Marketing, streaming
media enterprise markets were at $230 million in 2006 and are
anticipated to reach $2 billion by 2013,1
uVuMobile’s flexible and scalable platform for
streaming video and audio can provide a presence that extends far beyond
the traditional video on-demand services being offered today and
provides for advertising insertion, including pre-roll, mid-roll, and
post roll video commercials.

“This licensing agreement with Action Engine
is another example of how uVuMobile is leveraging its mobile platform
within the mobile video and audio delivery industry. Through this
partnership, Action Engine will be able to deliver its customers
streaming media and video advertisements and services across a wide
variety of devices. This agreement also makes Action Engine the first
company to integrate streaming video, mobile advertising and on-device
portal technology into a single platform –
offering a single source for delivering, managing and monetizing mobile
multimedia services for its customers,” said
Bill Loughman, President and CEO of uVuMobile.

About uVuMobile

uVuMobile recognizes the ever-increasing demand for personalized,
interactive entertainment content anytime and anywhere on media-enabled
devices by offering a full suite of products that effectively deliver
video and audio content to mobile handsets. uVuMobile provides back-end
media hosting, application development, mobile marketing, messaging,
content aggregation, billing, advertising and other services directed
towards the mobile business-to-business market. These services are now
available to entertainment brands, carriers, developers, aggregators,
distribution partners and other players in the mobile value chain.
uVuMobile now offers ad supported and white label mobile video services.
For additional information, please visit www.uvumobile.com.

About Action Engine

Action Engine, the On-Device Portal (ODP) Companyâ„¢,
enables media companies and network operators to build, deploy, manage
and monetize highly personalized and intuitive suites of mobile
applications that deliver a superior user experience. Action Engine’s
best-in-class ODP platform incorporates intelligent mobile advertising,
support for mass market handsets and broad management capabilities that
increase profitability, lower cost of ownership, speed time to market
and drive brand-awareness. As the acknowledged market leader in ODP
technology, Action Engine has successfully deployed its award-winning
software to numerous companies including AOL, Dow Jones, Sports
Illustrated.com, MSNBC.com, TiVo, Sprint, Verizon Wireless, uVuMobile,
SingTel, Optus, and Globe Telecom. Additional information is available
at +1 (425) 498-1500, info@actionengine.com,
and www.actionengine.com.

Action Engine is a registered trademark, and Action Engine Mobile
Application Platform, On-Device Portal Company, and Brand-n-Go are
trademarks of Action Engine Corporation. All other names, brands, or
products may be trademarks or registered trademarks of their respective
owners.

Forward Looking Statement

This press release contains forward-looking statements that involve
risks and uncertainties concerning uVuMobile's business, products, and
financial results. Actual results may differ materially from the results
predicted. More information about potential risk factors that could
affect our business, products, financial results, financial position and
liquidity are included in uVuMobile’s Annual
Report on Form 10-K for the year ended December 31, 2007, and in other
reports filed by uVuMobile with the SEC subsequent to the filing of such
Form 10-K. All documents are available through the SEC's Electronic Data
Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov
or from uVuMobile’s web site at www.uvumobile.com.
uVuMobile hereby disclaims any obligation to publicly update the
information provided above, including forward-looking statements, to
reflect subsequent events or circumstances.

All trademarks and/or registered trademarks are the property of their
respective owners.

1 WinterGreen Research, Inc., “Streaming
Media – Market Opportunities, Strategies, and
Forecasts, 2007 to 2013.” September 11, 2007.


More stories about Mobile Video   Action Engine   uVuMobile   mobile advertising