uVuMobile(TM), Inc. (Pink Sheets: UVUM), a mobility solutions and software provider, announced today the availability of VXStream 2.0 PRO, uVuMobile's next generation streaming Content Delivery Network. This generational release includes extensive new features and improvements that include a full array of encoding and delivery for live and on-demand TV broadcasts over both narrowband (2.5G) and broadband (3G-4G) mobile networks. VXStream 2.0 PRO reduces the complexity of ingestion, management, publication and distribution of video content enabling media companies and content providers to offer a complete suite of rich media video services directly to mobile users. For a demonstration of the platform's capabilities please visit http://www.uvumobile.com/uvdemo [1] either through the web or through your mobile phone browser.
According to a recent IDC report (U.S. Mobile Television and Commercial Video Forecast), the number of mobile TV/video subscribers and customers is expected to grow to 27.7 million by 2012. The industry trend toward PDA's/smartphones from standard feature phones is supporting this growth. A recent independent study by the research firm MarketTools states that 41 percent of respondents would be more likely to watch TV and videos on their phone if they owned a multi-media-enabled PDA/smartphone.
Specific new features and enhancements of uVuMobile's VXStream 2.0 PRO streaming platform include:
"The improvements and optimizations that we are making in our platform are designed to competitively position our company for the large growth of video over mobile broadband networks hence making our services even more attractive to media companies and others around the world," noted Richard Seifert, CEO of uVuMobile, "We are continuing to invest in our VXStream platform to ensure the highest quality live and on-demand video experience in the industry on both mobile phones and Internet-attached devices that are cost effective for our customers and generate new sources of revenue for the Company."
About uVuMobile, Inc.
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 [2].
Forward-Looking Statements
The statements in this press release regarding the Company's VXStream 2.0 PRO upgrade, the ability for the Company to gain market share and expand internationally, any implied or perceived benefits of the system upgrade, and any other effects resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to: our ability to raise adequate working capital; costs of operations; delays, and any other difficulties related to our operations; our ability to implement strategic initiatives; marketing and sales of our technology and services; risks and effects of legal and administrative proceedings and governmental regulation; future financial and operational results; competition; general economic conditions; and the ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents we file from time to time with the SEC, which are available free of charge on the SEC's website (www.sec.gov [3]) or from our website (www.uvumobile.com). We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Links:
[1] http://www.uvumobile.com/uvdemo
[2] http://www.uvumobile.com/
[3] http://www.sec.gov/