DGAP-News: Now Advertising Production PLC: NOW Advertising Production Limited announces Letter of Intent with N Square Technologies PLC
(firmenpresse) - DGAP-News: Now Advertising Production PLC / Key word(s): Letter of
Intent/Miscellaneous
Now Advertising Production PLC: NOW Advertising Production Limited
announces Letter of Intent with N Square Technologies PLC
21.12.2011 / 17:30
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Now Advertising Production Limited
NOW Advertising Production Limited announces Letter of Intent with N Square
Technologies PLC
Hong Kong - 21th December, 2011, - (Ticker Symbol: 7NW)
Now Advertising Production PLC announced today, they have got into a letter
of intent with N Square Technologies PLC that at least 25% of N Square's
2012 and 2013 MAPTM shipments will bundle 12 months prepaid MyMusicTM
services, while all other shipments will be MyMusicTM ready that end users
may free trial and subscribe MyMusicTM online.
N Square's patent pending MAPTM(MyAirPlayTM) smart media centre streams
music, personal video&photo wirelessly from a smartphone, reproduces high
quality music and HDMI video at the built in speakers and a HD TV. It is
the unique smartphone audio/video player in the market universal to all the
common smartphone types including iPhone, iPad, iPod Touch, Android phone,
Tablet, Blackberry, WP7 Phone, and other mobile devices. On the other hand,
MAPTM has built in Android OS like a Desktop Android Tablet, can run most
of the Android app on large screen TV.
Now Advertising is the exclusive operator and licenser of MyMusicTM and the
AirMusicTM license. MyMusicTM is a legitimate scan-&-match smartphone cloud
music locker, powered by Play Anywhere(R), over 6 million fully licensed
tracks available from music labels&publishers. It finger-print user's PC
music library to MyMuisc CloudTM, user can access their music collection
and over 200,000 free internet radios across mobile and home networks, at
multiple mobiles and desktop media systems anywhere in the world. MyMusicTM
enable MAPTM and phone does not have to connect PC for the music Tunes
anymore, completely wireless music anywhere.
Streaming digital music files between devices is infringement against music
rights, like email music files from one PC to another PC. Every MAPTM is
AirMusicTM licensed, powered by Play Anywhere(R) and the music industry,
legitimate to stream digital music from smartphone wirelessly.
'Assuming 10 billion smartphone and mobile internet devices are in use by
2020, growing from totally about 2 billion as of today', Joe Chen, CEO of
Now Advertising stated, 'we forecasts MAPTM smart media center would be
penetrating 1% and 2% of the new smartphone shipments, accumulating 1.8 and
5.9 million active MyMusicTM users, and contributing a total revenue of 14
million and 80 million euro in 2012 and 2013.'
About Now Advertising Production Limited
Now Adverting Production Limited provides hi-tech outdoor advertising media
production services at the high end since 2003. In the late 2000's, NOW
integrated mass communication know-how and mobile cloud computing
technologies innovating NowOnline scan-and-match personal media locker
services. In which, MyMusic and AirMusic are powered by Play Anywhere
backed by both artists and the music industry from major and independents
music labels and publishers. MAP is a joint venture patent pending smart
media centre that revolutionary streaming music and video from Smartphone
to the MAP built in speakers and HDMI video output to HD TV panel.
Streaming music files from cloud or between multimedia devices is a rapid
trend along the Smartphone and 3G penetration, but is like duplicating the
music files. Every MAP and music streaming product should be AirMusic
enabled in order to provide a legal quality experience with support from
the music industry. NowOnline is a worldwide executive AirMusic licenser
authorized by Play Anywhere. MyMusic app is available for download or
accompanying hardware partners like MAP and Docking Partners that they
embed MyMusic to their phone app that is essential to complete the hardware
functionalities. NowOnline is an ecosystem, hardware, software and app
developers, content and services providers joint force marketing.
About MyMusic
MyMusic is a revolutionary music service powered by Catch Media's award
winning Play Anywhere(R) platform which is the first fully licensed service
of its type, backed by both artists and the music industry, over 6 million
fully licensed tracks available from music labels and publishers. It
operates on iPhone, Android phone, Blackberry, iPad, Android tablet,
laptop, iPod Touch, MAP and some other Smartphone OS devices. Customers
download MyMusic app from the corresponding app store to one of the above
devices, sign up for free trial or 12 months subscription. MyMusic scan the
users' personal music collection that is stored on their computer, and
allows them access via mobile and WiFi networks seamlessly and legally,
across different devices from anywhere they are in the world. MyMusic app
is available for download or accompanying hardware partners like MAP and
Docking Partners that they embed MyMusic to their phone app that is
essential to complete the hardware functionalities.
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 Relations
Thomas Chan Phone:852 6387-6337
email:ir(at)nowaplimited.com
End of Corporate News
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150646 21.12.2011
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Unternehmensinformation / Kurzprofil:
Datum: 21.12.2011 - 17:30 Uhr
Sprache: Deutsch
News-ID 99220
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Kategorie:
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