Mobile Ready Entertainment Announces Their Master Plan Includes Travel
MBRN — Mobile Ready Entertainment Corp.
Mobile Ready Entertainment Corp. (PINKSHEETS: MBRN) announced that it is exploring a few acquisitions in the travel entertainment space that would give its mobile products more visibility and more opportunity for revenue partnerships.
“We are looking into various vertical markets as potential sales channels for our product offerings and the travel entertainment space is most interesting,” Mary Hermant, General Manager of Mobile Ready Entertainment, said.
Spending on online leisure travel will climb to $77.7 billion this year, marking a 20 percent increase from 2005, according to new estimates by eMarketer.
This estimated double-digit gain, though impressive, marks a moderation of growth from the last two years. In 2004, online travel spending surged 28 percent, while last year, the increase came to 24 percent, according to eMarketer.
“When our team read that eMarketer was forecasting that online travel will continue to grow, reaching $122.4 billion in 2009, and with some great opportunities we have to montize products and services within that market, it was almost a natural fit that we saw between what we do and this vertical market. We are very aggessively looking for acquisitons in the online travel entertainment space,” Josh Eikov, CEO of Mobile Ready Entertainment, said.
About Mobile Ready Entertainment Corp.
Mobile Ready Entertainment Corp. is a strategic holding company that manages a portfolio of market-leading technologies and services in mobile entertainment and digital media. Our companies operate in mobile communications, mobile corporate services, digital media information and entertainment. 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.
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Source:
Mobile Ready Entertainment Corporation
Joshua Eikov
570-269-8303
josh@mymobilereadyec.