Metatron's i-Mobilize Enters Into Digital Content Distribution Agreement
February 12 2011 - 2:45PM
Marketwired
Metatron, Inc. (PINKSHEETS: MRNJ) --
Metatron's i-Mobilize has finalized an extensive agreement with an
award-winning company that will greatly accelerate its goal of
becoming a leader in digital content distribution. i-Mobilize has
licensed thousands of movies, music tracks, audiobooks, and eBook
titles over the last year, and despite creating over 1000 apps,
most of our existing library has not been released on any other
devices besides iPhone/iPad. This new agreement will allow
i-Mobilize to rapidly release these titles on over 20 new formats
including Palm, Blackberry, Digital and Internet TV, Zune, Android,
VuNow, Boxee, WDTV, Roku, Symbian, Squeezbox and many other mobile,
desktop, and tablet devices. The new distribution system currently
support digital downloads, paid apps, free apps, streaming, rentals
and pay per view. By utilizing these new channels of digital
content delivery the company can save thousands in software
development costs and greatly increase it presence in the
marketplace. i-Mobilize estimates it will more than double its
apps/digital products for sale worldwide within a few months, and
barring any unforeseen problems, significantly increase revenues.
More details about this new agreement will be announced in a future
press release.
Forward-Looking Statements: Any statements made in this press
release which are not historical facts contain certain
forward-looking statements, as such term is defined in the Private
Litigation Reform Act of 1995, concerning potential developments
affecting the business, prospects, financial condition and other
aspects of the company to which this release pertains. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results
of the specific items described in this release, and the company's
operations generally, to differ materially from what is projected
in such forward-looking statements. Although such statements are
based upon the best judgments of management of the company as of
the date of this release, significant deviations in magnitude,
timing and other factors may result from business risks and
uncertainties including, without limitation, the company's need for
additional financing, which is not assured and which may result in
dilution of shareholders, the company's status as a small company
with a limited operating history, dependence on third parties and
the continuing popularity of the iOS operating system, general
market and economic conditions, technical factors, receipt of
revenues, and other factors, many of which are beyond the control
of the company. Although we believe that the expectations reflected
in the forward-looking statements are reasonable, we cannot
guarantee future results, levels of activity, performance, or
achievements. Moreover, neither we nor any other person assumes
responsibility for the accuracy and completeness of such
statements, and we disclaim any obligation to update information
contained in any forward-looking statement.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Metatron ir@metatroninc.com
Metatron (PK) (USOTC:MRNJ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Metatron (PK) (USOTC:MRNJ)
Historical Stock Chart
From Jul 2023 to Jul 2024