DGAP-News: Now Advertising Production PLC: American anti-piracy legislation scarring WiKi, Google, Facebook, Amazon NOW unique legitimate digital music technologies support vendors against infringement
(firmenpresse) - DGAP-News: Now Advertising Production PLC / Key word(s): Market
Report/Miscellaneous
Now Advertising Production PLC: American anti-piracy legislation
scarring WiKi, Google, Facebook, Amazon NOW unique legitimate digital
music technologies support vendors against infringement
01.02.2012 / 10:00
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Press Release
American anti-piracy legislation scarring WiKi, Google, Facebook, Amazon
NOW unique legitimate digital music technologies support vendors against
infringement
Hong Kong - 1st February, 2012, - Now Advertising Production Limited
(Ticker Symbol: 7NW)
Just one week after NOW unveiling its AirMusic licensed devices in the 2012
CES, Las Vegas, Wikipedia dramatically 'blackout' its website 24-hour on
Jan 18th in protest against the two Protect Intellectual Property Act
proposed anti-piracy legislations intended to eliminate theft online once
and for all. Other leading websites -- including Google, Facebook and
Amazon -- contend will make it challenging if not impossible for them to
operate.
The influence of these critical anti-piracy legislations alerted the
industry that how further the piracy music services and products can be
maintained in the future.
Instead, NOW has been leading in the development of legitimate music
technologies and services since 2009, licensing its exclusive MyMusic and
AirMusic technologies to device and phone app vendors against infringement,
including those in China. It projects to penetrate 5% of all the smartphone
in use in 2020, generating a US$10 billion level revenue on AirMusic
license, MyMusic service and Targeted Advertising on these 500 million
active smartphone users database.
About NOW
Founded in 2003, NOW is a targeted mobile advertising company that
specialises in cutting edge, high-tech outdoor advertising and street
furniture production services.
In 2010 NOW rolled out NowOnline MyMusic and followed that up in 2011 with
AirMusic. Both of the services are powered by Catch Media's Play Anywhere
technology and both develop targeted adverts and promotions on mobile
devices around music users are interested in and play through NowOnline
MyMusic, AirMusic and apps alongside outdoor advertisements implementing
the technology.
Forward-looking statements
Except for any historical information contained herein, the matters
discussed in this press release contain forward-looking statements that
involve risks and uncertainties, including those described in the Company's
Securities and Exchange Commission reports and filings.
Contact
Investor relation
Thomas Chan Phone:+852 6387-6337
email:ir(at)nowapplc.com
End of Corporate News
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Bereitgestellt von Benutzer: EquityStory
Datum: 01.02.2012 - 10:00 Uhr
Sprache: Deutsch
News-ID 109756
Anzahl Zeichen: 2467
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