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uVuMobile and Global Digital Syndication Ink Partnership Agreement on Streaming Concert Service
ClikConcert(TM) service will stream live and on-demand music concerts from around the world to mobile phones and PCs
ATLANTA, Oct. 14 /PRNewswire-FirstCall/ -- uVuMobile(TM), Inc. (Pink Sheets: UVUM), a mobility solutions and software provider announced today that the Company has entered into an global licensing agreement with Global Digital Syndication (GDS) for the launch of ClikConcert - a streaming service enabling the delivery of live and on-demand music concerts via the Web to PCs as well as Web enabled mobile phones. Users accessing the ClikConcert service will be able to purchase access directly or through their artists Facebook, MySpace, home pages and fan sites and select the concert they wish to see. The ClikConcert service will then enable the user to purchase the service and receive the concert stream on their phone or PC. GDS represents such popular groups as Arc Angel, Jowell and Randy, Winsin and Yandel, Daddy Yankee, Tego Calderon, and Calle 13.
According to Portio Research, the mobile entertainment market (including mobile music and mobile video services) generated nearly USD 24 billion in 2008 and is expected to grow to USD 47.2 billion by 2013. Mobile video services are expected to grow rapidly - due to increased quality of the handsets, network speeds and displays. Worldwide revenues from mobile video services are expected to reach USD 18.2 billion by year-end 2013.
"Creating new revenue opportunities is extremely important to us and this agreement is yet another example of how we are achieving that goal," said Richard Seifert, President and CEO of uVuMobile. "Statistics show that mobile applications are rapidly becoming the preferred channel for businesses to reach their consumers with over four billion mobile users globally compared to approximately one billion PCs."
Jonas Hudson, President and CEO of Global Digital Syndication stated, "We are extremely pleased to be working with uVuMobile and their VXStream platform to bring the ClikConcert service to market. It not only provides our artists an opportunity to generate additional revenue, while connecting with their fan base in a new and exciting way."
About Global Digital Syndication
Global Digital Syndication (GDS) connects Hollywood studios, music labels and top-tier talent in the entertainment industry with brands in the new media space. GDS distributes the branded content through new media distribution platforms from mobile to OEM embeds which touch over 3.6 billion people worldwide. The content is primarily "snackable" (short form) content. http://www.globaldigitalsyndication.com
About uVuMobile
uVuMobile recognizes the ever-increasing demand for personalized, interactive entertainment content anytime and anywhere on media-enabled devices by offering a full suite of products that effectively deliver video and audio content to mobile handsets. uVuMobile provides back-end media hosting, application development, mobile marketing, messaging, content aggregation, billing, advertising and other services directed towards the mobile business-to-business market. These services are now available to entertainment brands, carriers, developers, aggregators, distribution partners and other players in the mobile value chain. uVuMobile now offers ad supported and white label mobile video services. For additional information, please visit www.uvumobile.com.
Forward Looking Statement
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
All trademarks and/or registered trademarks are the property of their respective owners.
SOURCE uVuMobile, Inc.
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