One Horizon Group Foresees Russian Expansion - One Horizon looks to leverage its white-labeled solution in the Russian market as licensing clarification by the Russian regulator clears path for its business activities
BAAR, Switzerland, Sept. 16, 2013 /PRNewswire/ -- One Horizon Group, Inc. (OTCQB: OHGI) ("One Horizon" or the "Company"), which develops and licenses software application platforms that optimize mobile communications over the Internet, announced today that the Russian regulator, Roscomnadzor, has cleared the way for Voice over Internet Protocol (VoIP) service providers to offer their services without having to apply for a license to do so. One Horizon licenses its software in Russia through its certified reseller Horizon Globex Rus Ltd.
In a recent statement, Deputy Chief Oleg Ivanov of Roscomnadzor removed the uncertainty surrounding the licensing of VoIP in Russia as set out in the Russian regulation that lists telecommunications services subject to licensing which was issued on February 18, 2005. According to a recent statement by the Deputy Chief, VoIP services are not on the list of services subject to licensing and VoIP service providers are not subject to any licensing requirements. This announcement clears the way for One Horizon to license its mobile VoIP platform to Russian Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs) and Internet Service Providers (ISPs).
Brian Collins, Horizon Founder and Chief Technology Officer of One Horizon commented, "Our operator-branded VoIP technology enables operators to offer new and exciting Value Added Services (VAS) to subscribers that deliver a better user experience than any other VoIP solution on the market today. Our proprietary network optimizations mean that we consume much less wireless bandwidth for voice calls thereby reducing dropped calls and increasing call throughput of operators' wireless network."
"Our turnkey solution compliments operators' business models by allowing them to offer efficient VoIP and Horizon mobile messaging and advertising services in conjunction with their traditional voice and messaging services. Our technology is delivered to the smartphones of their subscribers using the world's App stores and works seamlessly with existing operator credit-voucher distribution networks and on-line payment systems," added Mr. Collins.
Victoria Sergeeva, Chief Executive Officer of Horizon Globex Rus Ltd. said, "Roscomnadzor's recent clarification of VoIP licensing paves the way for us to offer our turnkey platform to over one hundred Russian operators, large and small. This is an extremely exciting time for Russian consumers as Horizon is the perfect Value Added Service for all Russian subscribers."
About One Horizon Group, Inc.
One Horizon Group Inc.'s business is to optimize communications over the Internet through its wholly owned subsidiary, Horizon Globex GmbH, Baar, which develops and markets one of the world's most bandwidth-efficient mobile voice over Internet Protocol (VoIP) platforms for smartphones, and also offers a range of other optimized data applications including messaging and mobile advertising. Horizon Globex GmbH is an ISO 9001 and ISO 20000-1 certified company. The Company has operations in Switzerland, the United Kingdom, China, India, Singapore and Hong Kong. For more information on the Company, its products and services, please visit http://www.onehorizongroup.com.
About Horizon Globex Rus Ltd.
Horizon Globex Rus Ltd. is a Moscow-based reseller of the Horizon platform. It is certified by One Horizon Group Inc. to offer Russian operators a full range of pre-sales, operations, consultancy and post-sales services for the complete Horizon product-set. For more information on the Company, please contact firstname.lastname@example.org.
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This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
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SOURCE One Horizon Group, Inc.