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Wisemobi announces "LIVE" Competitions to find the next Entertainment Celebrities


News provided by

Wisemobi Inc.

Mar 31, 2010, 12:14 ET

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HOLLYWOOD, CA, March 30 /PRNewswire-FirstCall/ - (WMBI:OTC) Portal Reel2u is pleased to announce it is launching an extensive on-line format to host a variety of LIVE entertainment competitions where performers can compete and feature their talents and abilities, for the chance to win cash prizes, recording and management contracts. "With TV talent competitions like American Idol, which stated it had over 100,000 contestants auditioning, and averaged 19 million viewers for its 2010 "Top 12" show alone, it is clear that the market for both individuals looking for stardom and the demand of others wanting to follow contestants through the competition process is significant," said Chris Lancey President of Wisemobi and Reel2u.

Reel2U's contestants can enter any scheduled competition and upload their audition from anywhere in the world, via any network connected to the web or simply their own laptop or desktop PC webcam. Once the contestant has chosen one or more competitions to enter they will be able to create their talent profile and invite their fans and potential fans to register for contest support.

Reel2u's online platform will create a open forum for aspiring bands, and individual artists to gain exposure in the hope of getting recording contracts. "We believe that our unique online contests with aspiring artists winning cash, prizes and lucrative performance contracts will attract participants and viewers alike," said Mr. Lancey. "There are so many people who have tremendous talent but who cannot make it onto one of the prime time television shows and now we are offering to them a similar competition experience," Mr . Lancey added. "As Producer for Showtime at the Apollo for many years I was involved in a variety of contests that aired on NBC. I anticipate these contests to drive millions of eyeballs to our site. These viewers and members will be instrumental in other venues we will be rolling out later this year."

Reel2u will offer contestants in each category who win, recording contracts along with cash prizes. Reel2u will promote the contests thru selected agencies and their fan bases. Reel2u will generate a portion of their revenue by charging each band a registration fee and a royalty of sales from recording contracts awarded to each contestant. Reel2u anticipates in excess of 10,000 artists per category to sign up and pay the $50 registration fee.

In addition, Reel2U's Hollywood team is in discussion with high profile entertainment personalities to host these competitions and plans to announce these hosts in the coming weeks. Plans to partner with a major record label, agency and other professional organizations to promote the winners are also underway.

Upcoming contests for aspiring celebrities and artists have been scheduled in the following categories: rock bands, male/female vocalists, dance, comedy, spokesperson, modeling, high school bands, high school chorus groups (Glee Club) and church choirs. "The Reel2U platform is designed to level the playing field for the millions of talented people globally looking to showcase their talent and become a celebrity," said Mr. Lancey.

Reel2U will maintain an ownership in contest winners as they launch their music and talent careers. Once each winner is selected and signed, Reel2u will co-own the talent with a major record label in order to continue to expand Reel2u's database of new talent. This has proven to be an extremely successful platform to launch the careers of winning contestants and will generate continuous royalty revenues for Reel2u.

Reel2u with its focus on discovering new talent will also be creating a entertaining new medium whereby the world of social media hubs will be interconnected to a centralized platform drawing millions of eyeballs from fans and prospective fans alike to favorite artists and performers.

About Wisemobi Inc.

Reel2U is an on-line platform that lets people and celebrities schedule webcasts where they can showcase themselves, and interact and chat live with their audience. Celebrities can webcast live from the comfort of their own home, in their recording studio, or anywhere using their PC webcam, or they can broadcast live from the Reel2U studio in Hollywood (opening soon).

Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend", "dramatically" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in Wisemobi's filings with the Securities and Exchange Commission. In addition, such statements could be affected by risks and uncertainties related to the ability of the company to control product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on Wisemobi's website does not constitute a part of this release.

SOURCE Wisemobi Inc.

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