BAAR, Switzerland, Sept. 17, 2013 /PRNewswire/ -- One Horizon Group, Inc. (OTCQB: OHGID) ("One Horizon" or the "Company"), which develops and licenses the world's most bandwidth efficient mobile voice over Internet Protocol ("VoIP") platform for smartphones, today announced it has opened a new software research and development office in the Nexus Innovation Centre on the campus of the University of Limerick in Ireland.
Brian Collins, Horizon founder and Chief Technology Officer of One Horizon commented, "Growing our software research and development capacity alongside academia underlines our commitment to continue to create new technologies that will extend the power of our Horizon Call platform. I am very pleased with the caliber of engineering talent we have been able to attract with our initial hires, who collectively have decades of experience in high level projects at leading tech companies.
"By locating our expanded team at the Nexus Innovation Centre, we are immersing ourselves in one of the best environments to foster creative thinking and will be able to access world-class academic resources that are essential to developing next-generation technologies. As ever, our goal is to continue to deliver software optimizations to the world of mobile data technologies. At Nexus, we believe we can do this in a focused software research and development environment like no other," added Mr. Collins. "In addition, we expect that our presence in Ireland will provide One Horizon will favorable tax advantages and research and development support in the future as we further develop our presence in the country."
Andrea Deverell, Manager of the Nexus Innovation Centre said, "By having high quality software businesses such as One Horizon innovating within our entrepreneurial eco-system here at Nexus, we look forward to continued and commercially viable technology transfers that will benefit all involved, now and into the future."
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, Hong Kong and Ireland. For more information on the Company, its products and services, please visit http://www.onehorizongroup.com.
About The Nexus Innovation Centre
Nexus is a purpose-built Innovation Centre at the heart of the University of Limerick in Limerick, Ireland. Nexus seeks to develop and sustain a vibrant entrepreneurial eco-system, which: leverages the University's knowledge base; enables accelerated business development; and makes connections with potential investors, experienced entrepreneurs and the wider community. For more information on Nexus, please visit http://www.nexusinnovation.ie.
Safe Harbor Statement
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.