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/24-7PressRelease/ - STROUDSBURG, PA, May 18, 2006 - Mobile Ready Entertainment Corp. (OTC BB: MBRN.pk) announced today that it began to trade on the Pinksheets under the symbol MBRN.pk.
Mobile Ready Entertainment has been established as a holding company and aggregator of digital media, wireless and content for mobile devices. Mobile Ready is in the business of creating and delivering media rich entertainment content for the emerging wireless lifestyle market. The company will be positioned to deliver content to all other wireless service providers utilizing a unique method of maximizing revenue, cross-marketing delivery methods and managing emerging technologies including wireless infrastructure, content delivery, content aggregation and management.
"Getting the Company up and trading is tremendous in the evolution of our business because it will give us the ability to capitalize on the markets momentum and further our business for our shareholders and customers." said Josh Eikov, Chairman and CEO.
The worldwide mobile computing market is approaching a trillion dollar business, now principally driven by a new generation of media rich "smartphones" enabling you to use your phone as a multi-tasking device to watch TV, play videos, listen to music, read the daily news and check your personal finances, anywhere, anytime.
With 2 billion cell phones already in the marketplace, the mobile content business now offers a new outlet for traditional media, which has been losing advertising dollars. New media, like cell phones and the Internet, are picking up ad sales. At the same time, the old-world phone companies are increasingly depending on wireless to offset the sagging margins on traditional voice, by looking to sell lucrative wireless content to drive more sales.
"The time is right for Mobile Ready Entertainment. If you're not a part of the "mobile generation" you soon will be. To have a device that you can watch compelling content, the news and other rich media in your pocket is nothing left of awesome. We are excited to be operational and look forward to delivering undeniable substance to the 4th screen." said Josh Eikov, Chairman and CEO.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. The statements contained or incorporated by reference in this website that are not historical facts (including without limitation statements to the effect that The Mobile Ready Entertainment Corp. (the "Company" or "Mobile Ready") or its management "believes," "expects," "anticipates," "plans," "intends," "foresees," or other similar expressions) are forward-looking statements. These forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company.
There can be no assurance that future developments affecting the Company will be those anticipated by the Company. All comments concerning the Company's expectations for future revenue and operating results are based on the Company's forecasts for existing operations and do not include the potential impact of any future acquisitions. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control) and assumptions.
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