M-Wise, Inc. Mobile Content Technology Vendor Looks to Fortune 500 Customers Stock Guru Profile MWIS-OB m-Wise, Inc. MWIS added five new customers in 2006. M-Wise intends to be the leading mobile content technology vendor. There is a growing demand for robust and best-of-breed mobile content and mobile marketing solutions. M-Wise’s extensive experience in the mobile content space and global customer portfolio is consistent with the mobile objectives of Fortune 500 companies. The mobile content industry is one of the fastest growing market segments in the U.S. and Europe. According to Alexander Resources, a leading research firm, revenues from digital content are forecasted to reach $15.1 billion by 2008, with mobile infotainment (including personal data management, messaging services and content) revenue totaling $7.8 billion during this time. The mobile penetration rate in the U.S. is currently at 69 percent and is forecasted to expand to 87 percent by the year 2010. A look at the recent 10-K filed by MWIS indicates who their customers are. m-Wise provides customers with various services, such as standard-level product support and maintenance, product upgrades (typically at an annual fee of 15% of initial license price), and remote management and service monitoring, that are priced separately. The MOMA Platform software is designed to enable its users to customize and manage certain aspects of the product, such as the “look and feel” of the user interface, the language of the user interface, and the connection of the MOMA Platform to external services. Further customization, when required, is also priced in addition to the license fee. Examine M-Wise Recent 10-Q – For M-Wise, Inc. the big story is in the numbers. Quarterly growth for the first Q1 2007 is very strong: revenues for the first three months are up 89% from $253,783 from the same period last year and income from revenue share increased 277% to $141,271. Source: M-Wise, Inc. m-Wise, Inc. 3 Sapir street POB 12035 Hertzelya 46733 Israel New York Office (at Landmark Ventures) 1270 Broadway, Suite 1105 New York, NY 10001 Madrid Office (at Pabrune) Almagro, 11 28010 Madrid Spain Phone: 972-(0)73-262-0000 About m-Wise: Founded in 2000, m-Wise has established itself as a leading international provider of enabling technologies for the mobile communications, mobile advertising, mobile gaming and mobile entertainment industries. m-Wise is the developer of MOMA platform, a proven mobile content management and service delivery platform used in over 50 mobile networks throughout Europe, North and Latin America, and Asia. MOMA is an integrated “one stop shop” for mobile operators, wireless ASPs, and content providers to deliver end-users with a state-of-the-art mobile experience. MOMA makes it easy to manage and deliver content such as entertainment, music, games and video regardless of handset compatibility, while adding real-time end user interactivity like voting, mobile marketing, advertising and access to all forms of real-time content. MOMA furthermore integrates built-in capabilities for transactional billing, customer care and marketing to satisfy the growing needs of major brands and marketing agencies. Safe-Harbor Statement: This press release contains “forward-looking statements.” These forward-looking statements use words such as “believes,” “intends,” “expects,” “may,” “will,” “should,” “plan,” “projected,” “contemplates,” “anticipates” or similar statements. These statements are based on our beliefs, as well as assumptions we have used based upon information currently available to us. Because these statements reflect our current views concerning future events, these statements involve risks, uncertainties and assumptions. Actual future results may differ significantly from the results discussed in the forward-looking statements. A reader, whether investing in this common stock or not, should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. Forward Looking Statement: All statements in this news release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). While management has based forward-looking statements contained herein on current expectations, information on such expectations may change. 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StockGuru Blog: M-Wise – Hunting the Big Game: Fortune 500 Customers!
June 25, 2007 at 9:03am
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