CyberFund, Inc. Announces ROK Powers Mobile TV Service in Turkey
Posted on: Tuesday, 28 August 2007, 09:22 CDT
NEW YORK, Aug. 28, 2007 (PRIME NEWSWIRE) -- CyberFund, Inc. (OTCBB:CYFD) announced today that ROK Entertainment Group and the Turkish GSM Operator, Avea, have launched a live and on-demand multi-channel mobile TV service, streamed over Avea's EDGE cellular network, powered by ROK. ROK announced in May of this year that it had agreed to be acquired by CyberFund, Inc. in a Share Exchange Agreement.
ROK TV technologies allow for the streaming of TV channels over existing 2.5G GPRS, EDGE, 3G and Wi-Fi networks.
"We are delighted to have launched mobile TV in Turkey with Avea, through our regional representative Mobilturk," said Laurence Alexander, CEO of ROK, "and we are confident of significant subscriber uptake over the forthcoming year."
ROK is in the midst of deploying streamed mobile TV services to several dozen cellular operators worldwide with the most recent launches being in Thailand with AIS and in Pakistan with Telenor.
ROK TV is also available in Europe as a direct-to-consumer application via Nokia Eseries devices such as the E61i and the E65.
"ROK believes, as does our partner, Cellcos, that streamed mobile TV -- offering both live news and sports as well as on-demand content -- represents a much higher value in the eyes of the viewer than full-length linear TV broadcast to mobiles," added Alexander.
This news release was distributed by PrimeNewswire, www.primenewswire.com
CONTACT: CyberFund, Inc. William J. Reilly Investor Relations (212) 683-1570
Source: PrimeNewswire
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