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Press Release
Mobispine to merge with General Wireless to
create Mobile Internet Leader
Stockholm, Sweden, May 21, 2008 -
Mobispine AB (MOBS) an aggregator of Web-based
content for the Mobile Internet and General
Wireless, the leading provider of PC-to-mobile
messaging, today announced they have entered into a
definitive agreement under which Mobispine will
acquire all General Wireless shares in a stock
transaction.
The combination of Mobispine and General Wireless
offers consumers one of the most comprehensive
portfolios of mobile applications in the industry
including personalized RSS feeds of news and blog
articles, the ability to share content with friends
and the option to send SMS and MMS messages from the
PC to mobile phones among other features.
The products and services currently offered by
Mobispine and General Wireless greatly complement
each other and will drive further growth. To date,
both companies have grown strongly with Mobispine’s
current adoption rate tracking at 200,000 mobile
downloads per month with users in more than 180
countries. As a result of the acquisition Mobispine
will have access to General Wireless’ expansive list
of global customers and partners which will broaden
the company’s reach and drive momentum. General
Wireless has partnerships with more than 20 global
operators such as: Vodafone UK, Telefonica Moviles
Espana, Orange, Telecom Italia Mobile, KPN,
TeliaSonera, Mobilkom Austria, NetCom, 02 and Tele2
among others.
Mobispine aggregates the Web content and information
transmitted by RSS feed offering users fast and cost
effective access. Mobispine is free to download, so
to start ‘murfing’ (mobile surfing) all users need
is a mobile phone that is Internet-enabled and
accepts Java programs.
There are in excess of 250,000 feeds being monitored
for updates and users can also add new feeds
instantly. The unique search function also ensures a
quick, effortless experience when exploring all the
content on these feeds.
“The combination of General Wireless and Mobispine
represents an enormous opportunity for mobile
operators and mobile consumers who are seeking the
latest technologies and value for money," said
Anders Hardebring, CEO, General Wireless. "We are
excited to work with Mobispine and to be able to
offer a strengthened eSMS offering as part of an
overall stronger product portfolio to our mobile
operator customers. This acquisition will allow us
to combine efforts and technologies and deliver the
best applications for the mobile Internet. ”
PC-to-mobile messaging, a concept developed by
General Wireless, work from all PCs to all mobiles.
It enables the composition of SMS and MMS on the PC
with the ability to send these messages to any
mobile phone. For the end user, PC-to-mobile
messaging allows for easy, convenient and fast
communication with customers, colleagues and
friends. It is unbeatable if the user wants to
communicate brief information to a group of people
who are on the move.
General Wireless’ eSMS products are seamlessly
integrated into applications that most of us already
use every day, including Microsoft® Outlook® and
Microsoft® Internet® Explorer. Payment for using
eSMS could not be easier – the cost of sending
messages is simply added to the standard mobile
phone bill or prepaid account. For operators, the
big advantage of eSMS is that it will increase
revenues. By providing a value-added service that
customers find useful, operators also increase
loyalty to their brand.
Completion of the transaction is subject to
regulatory approval, Mobispine shareholder approval
and other customary closing conditions.
About Mobispine
Mobispine is an easy to use, free service that
allows users to view web content on their mobile
phone. It aggregates web content transmitted by RSS
feeds. Users can personalize content by subscribing
to existing feeds and by adding new feeds instantly.
For more information please contact:
Duysant Patel (CEO) +46 763 414 212 –
dusyant.patel@mobispine.com
For more information about Mobispine, please go to
http://www.mobispine.com
About General Wireless
General Wireless is the leading provider of
PC-to-mobile messaging to global telecom operators.
The company’s customers include Vodafone UK,
Telefonica Moviles Espana, Orange, Telecom Italia
Mobile, KPN, TeliaSonera, Mobilkom Austria, NetCom,
O2 and Tele2.
For more information about General Wireless, please
go to
http://www.generalwireless.com
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