Options Media Signs Dozens of Retailers Representing Hundreds of Stores for Its PhoneGuard Smart Phone Anti-Virus Product
June 30 2010 - 8:30AM
Marketwired
Options Media Group Holdings, Inc. (OTCBB: OPMG), a growing force
in mobile applications, marketing and mobile social media,
announced today the Company has made major progress in its retail
roll-out of its state-of-the-art PhoneGuard anti-virus,
anti-malware technology for cell and smart phones.
Since Options Media Group announced the acquisition of the
PhoneGuard product line two months ago, the Company has received
very strong interest from independent wireless stores and retail
chains in carrying the PhoneGuard product line. As of today, the
Company has signed dozens of retailers, representing hundreds of
stores, to carry the PhoneGuard product line. Many of these
retailers are currently training their store personnel, while many
others have already started selling the product. The Company
believes this retail expansion will accelerate over the coming
weeks and months, eventually likely encompassing thousands of
wireless-oriented retailers.
"We are thrilled to be able to announce today that we have
already signed up such a large number of retailers, who will carry
our PhoneGuard product line," commented Scott Frohman, CEO of
Options Media Group. "In addition to Internet sales of the
products, distribution through this large network of retailers will
add meaningfully to the overall sales of our PhoneGuard product
line. For wireless-oriented retailers, being able to up-sell
additional products to their customers is an important part of
their business. We believe the PhoneGuard product line will be a
significant revenue source for our Company going forward as more
and more retailers start selling this revolutionary product."
Options Media Group purchased the PhoneGuard product line in
April 2010, marking the Company's entrance into the large and
lucrative North American mobile and smart phone applications market
for anti-virus, anti-harassment and anti-texting while driving
software. The PhoneGuard anti-virus product is powered by
technology provided by NetQin Tech Co., the incontestable worldwide
leader in mobile security, including mobile antivirus,
anti-harassment, and privacy protection, with approximately 40
million current subscribers in more than 220 countries and regions.
The NetQin software currently commands an approximate 65% market
share in the large and growing Chinese market. Installation of
PhoneGuard prevents not only the potential loss of data, but also
virtually eliminates the ability for hackers to listen in on phone
conversations, pinpoint the user's GPS coordinates, steal
information and/or browse personal emails and text information.
About Options Media Group Holdings, Inc.
Options Media Group Holdings, Inc. is a growing force in mobile
marketing and mobile social media. The Company provides an email
services for on-demand email marketing to create, send and track
professional and permission-based email marketing campaigns.
Additionally, Options Media provides precision direct marketing
solutions including email marketing, sms/mobile marketing,
sms/keyword marketing, custom lead generation and creative
services. Options Media provides clients with access to software,
hardware, bandwidth and exclusive domains and IP addresses as well
as with the ability to upload and manage subscribers and review and
upload campaigns and track results for a 360-degree full-service
customer marketing solution.
Safe Harbor Statement
This press release contains forward-looking statements including
future growth, our belief regarding retail expansion accelerating
in the future, anticipated sales of PhoneGuard through retail
distribution, and our belief regarding revenue from the PhoneGuard
product line. Forward-looking statements can be identified by words
such as "anticipates," "intends," "plans," "seeks," "believes,"
"estimates," "expects" and similar references to future
periods.
Forward-looking statements are based on our current expectations
and assumptions regarding our business, the economy and other
future conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict. Our actual
results may differ materially from those contemplated by the
forward-looking statements. We caution you therefore against
relying on any of these forward-looking statements. They are
neither statements of historical fact nor guarantees or assurances
of future performance. Important factors that could cause actual
results to differ materially from those in the forward-looking
statements include the impact of intense competition, the
continuation or worsening of current economic conditions and the
condition of the domestic and global credit and capital markets,
failure of retailers to sell our product line, performance of the
software and the failure to gain market acceptance of the
software.
Further information on Options Media's risk factors is contained
in its filings with the Securities and Exchange Commission,
including the Form 10-K for the year ended December 31, 2009. Any
forward-looking statement made by Options Media in this press
release speaks only as of the date on which it is made. Factors or
events that could cause actual results to differ may emerge from
time to time, and it is not possible to predict all of them. The
Company undertakes no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by
law.
Media Contact: Joe Noel Tel: (925) 922-2560
Options Media (CE) (USOTC:OPMG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Options Media (CE) (USOTC:OPMG)
Historical Stock Chart
From Apr 2023 to Apr 2024