Exclusive Licensee of MetaSwarm Technology in China, Beijing InfoSure Technology Ltd., Announces the Appointment of Yuan Feng as
March 06 2008 - 4:30PM
PR Newswire (US)
Yuan Feng Brings Extensive New Media Experience to MetaSwarm by
Addressing a Potential Market in Excess of 1 Billion People In
China BEIJING, March 6 /PRNewswire-FirstCall/ -- MetaSwarm, Inc.
(Pink Sheets: MSWM) today announced that Beijing InfoSure
Technology, Ltd, the exclusive licensee of MetaSwarm's Hyperswarm
engine in China, announced the appointment of Ms. Yuan Feng as
Director of New Media Operations in China. The potential market
opportunity for MetaSwarm in China is over 1 billion people. Today,
there are currently 540 million cell phone subscribers(1), 210
million Internet users(2) and a TV audience of over 460 million
people in China(3). Effective immediately, Ms. Feng will oversee
development of InfoSure's video content and advertising business
opportunities in mobile, Internet and television communities in
mainland China. Ms. Feng's responsibilities will include the
seamless integration of MetaSwarm's Hyperswarm engine with
MetaSwarm's video and advertising content for all forms of new
media in China. Ms. Feng recently served as China Interactive Media
Online's Director of Media Operations. Her responsibilities
included strategy and business development, business model design
and implementation, as well as coordinating and maintaining the
relationships with its carriers. Ms. Feng was also in charge of the
marketing, promotion and operation of interactive and mobile
value-added services based on telecom, Internet and television
programs. Prior to her tenure as a Director at China Interactive
Media, she was employed by China Strategy Co. Ltd. At China
Strategy, she led the company's professional and consultation
services to companies such as Goldman Sachs, J&W Seligman
Company, Dreyfus Investment Fund Company of New York, China Mobile
and Siemens. Marvin Shannon, Chairman and Chief Executive Officer
of MetaSwarm commented, "Ms. Feng's agreement to become InfoSure's
Director of New Media Operations in China is very important to the
success of our company. Her knowledge of new media and the
relationships that she has developed with some of the world's
largest companies will be very helpful as we continue the rollout
of our technology platform in China." Ms. Feng holds a degree in
Business English Study from Chengdu University of Technology and
obtained an advanced degree in Financial Management from Remnin
University in 2001. About MetaSwarm, Inc. MetaSwarm, Inc. is
headquartered in California and is focused in the information
technology industry. MetaSwarm specializes in personal and
commercial information assurance solutions, including anti-fraud,
anti-spam, and relationship analysis solutions for the Internet
e-commerce markets. Specifically, MetaSwarm products provide
applications for message management, message and website
validation, and message and website analysis for email, cell phone
text messaging (SMS), instant messaging (IM), and web pages.
MetaSwarm has a strategic partnership with China Standard
Technology Development Corporation, the SGS China JV partner in
China, to support and manage the Company's technology network in
China. China Standard will manage the MetaSwarm government
validated messaging system through their own data center and will
also install, validate and manage all of the hardware for
MetaSwarm's technology. China Standard's JV company, SGS China,
currently issues many of the certificates of validation for
imports/exports as well as quality assurance for China's government
so this partnership is an extension that gives China Standard and
SGS China reach into the online realm. China Standard will play a
crucial role in MetaSwarm's China expansion, particularly when the
system initiates its nationwide rollout to a potential market of
455 million cellular phone users. About Beijing InfoSure Beijing
InfoSure Technology Ltd. is the only licensee of the Hyperswarm
Engine patent pending products of MetaSwarm, Inc. Beijing InfoSure
surfs on top of the leading tide of the state-of-the-art
technologies in the world. Based on the platform of the Hyperswarm
Engine, it does R&D and design, provides solutions against
various digital information, including high efficient anti-spam
solutions in email and SMS, anti-phishing solutions, as well as
solutions and application services on message verification,
information personalization, etc. Beijing InfoSure has an exclusive
agreement with China Unicom (NYSE:CHU) to install MetaSwarm's
technology onto one of China's largest cellular networks. As of
December 31, 2006, China Unicom served over 140 million cellular
subscribers and is the world's third largest mobile phone operator.
To date, China Unicom is the only licensed full telecom service
provider in China, with services spanning fixed-line to mobile, IP
telephony, data and Internet. Beijing InfoSure is the master
licensee of MetaSwarm's technology in China and the relationship
between InfoSure and China Unicom is based on this licensed
technology. References: (1) Over 500 million cellular phone users
in China: 376,383,000 users on China Mobile @
http://www.chinamobileltd.com/ 163,919,000 users on China Unicom @
http://www.chinaunicom.com.hk/en/home/default.html (2) Over 210
million Internet users:
http://www.chinatechnews.com/2008/01/17/6302-chinese-mainlands-internet-
population-tops-200-million/ (3) 470 million TV users in China:
http://digitalproducer.digitalmedianet.com/articles/viewarticle.jsp?id=306030
Safe Harbor Statement Under The Private Securities Litigation
Reform Act of 1995: Except for historical information contained
herein, the statements in this news release are forward-looking
statements that are made pursuant to the safe harbor provisions of
the Private Securities Act of 1995. Forward-looking statements
involve known and unknown risks and uncertainties, which may cause
a company's actual results, performance and achievement in the
future to differ materially from forecasted results, performance,
and achievement. These risks and uncertainties are described in the
Company's periodic filings with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly
release the results of any revisions to these forward-looking
statements that may be made to reflect events or circumstances
after the date hereof, or to reflect the occurrence of
unanticipated events or changes in the Company's plans or
expectation Contact: Marvin Shannon -- Chief Executive Officer
Phone: (626) 792-0153 DATASOURCE: MetaSwarm, Inc. CONTACT: Marvin
Shannon, Chief Executive Officer of MetaSwarm, Inc.,
+1-626-792-0153
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