MBRN — Mobile Ready Entertainment Corp.
Mobile Ready Entertainment Corp. (PINKSHEETS: MBRN) will participate in the fast growing mobile gaming market via its mobile portal MyMobileMarketPlace.com.
“Mobile entertainment services will drive the 3G market,” predicted MRE CEO Josh Eikov. Citing Ziff-Davis’s “Digital Gaming in America” study, MRE said 86% of videogamers own a cellphone this year, up from 70% a year ago. Of those individuals, it said, 48% play games on their mobile devices. MRE said the “high proportion is due mainly to the advancement in technology of cellphones and their ability to play multi-functional videogames with improved graphics.”
Citing Juniper Research data, MRE said the total market for mobile games will be worth $18.5 billion by 2009. By 2009, the Asia-Pacific region will contribute the largest share of total gross revenue (39%), followed by Europe (37%) and N. America (15%), it predicted… I-play launched 2D and 3D versions of The Fast and the Furious: Tokyo mobile game, based on the new Universal Pictures film The Fast and the Furious: Tokyo. The game was developed and published by I- play through a deal with Universal Studios Consumer Products Group. I-play said the game is available to more than one billion mobile gamers via its global distribution network of more than 100 carrier partners.
I-play CEO David Gosen said the first Fast and the Furious mobile game from his company was “already the most successful racing franchise in mobile game history,” chalking up more than 4.5 million downloads. “Thanks to a simultaneous release with the new film,” I-play said it and Universal “expect even greater sales” with the new title. I-play said the game also received a significant level of support from co-marketing sponsors and advertisers including Cinemark Theatres, Rockstar Energy Drink and Burger King.
About Mobile Ready Entertainment Corporation
Mobile Ready Entertainment Corporation is a wireless and media holding company specializing in the entertainment and educational vertical market segments. Through our subsidiaries we will develop, market and sell wireless application software and entertainment-based content for mobile devices. Our value proposition is to unlock, integrate and seamlessly deliver all types of data to wireless devices, whether streaming movies, music video or television content and digital radio delivery to the growing consumer market via channel and content partners — anytime, anywhere. We deliver these products and services globally across most of the major cellular networks and prominent wireless device operating systems. For more information about Mobile Ready, please visit its website at www.mymobilereadyec.com .
Forward-Looking Statement
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There can be no assurance that future developments affecting the Company will be those anticipated by the Company. All comments concerning the Company’s expectations for future revenue and operating results are based on the Company’s forecasts for existing operations and do not include the potential impact of any future acquisitions. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company’s control) and assumptions.
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