• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Exclusive Licensee of MetaSwarm Technology in China, Beijing InfoSure Technology Ltd., Signs Contract to Deploy the Mobile Message Organizer System in China

Posted on: Friday, 16 November 2007, 06:00 CST

BEIJING, Nov. 16 /PRNewswire-FirstCall/ -- MetaSwarm, Inc. announced that its exclusive licensee in China, Beijing InfoSure Technology Ltd. ("Beijing InfoSure"), has signed a contract with Beijing Hoongo Information Technology, Ltd. ("Beijing Hoongo") to deploy the RD Mobile Message Organizer System (RDMMOS) in mainland China. Beijing Hoongo has indicated that the Message Organizer System will initially be free to cell phone users and will be supported by advertising revenues.

Based on MetaSwarm's proprietary and patent-pending HyperSwarm Engine, RDMMOS performs as a friendly and handy platform for cell phone users. The RDMMOS is capable of sending, receiving, storing, searching and organizing short messages, multi-media messages, photos and music files between mobile terminals, such as cell phones, and Internet sites. Through its contract with Beijing Hoongo, Beijing InfoSure is entitled to receive 20% of all revenue generated from the RDMMOS.

Pursuant to its licensing contract with Beijing InfoSure, MetaSwarm is entitled to receive a 10% royalty fee of Beijing InfoSure's total revenue

Marvin Shannon, Chief Executive Officer of MetaSwarm, Inc. said, "We are extremely excited about Beijing InfoSure's contract with Beijing Hoongo as it will provide an opportunity for significant exposure of our technology to the Chinese market."

About the China Cell Phone Market

The China Ministry of Information Industry (MII) reported that at the end September 2007, China had 523 million cell phone users (CATR.cn, October 30, 2007, http://english.catr.cn/hyxw/200710/t20071030_645752.htm). In addition, a study by Harris Interactive (HarrisInteractive.com, March 15, 2007) found that "35% of adult cell phone users are willing to accept incentive-based advertisements."

About Beijing Hoongo

Beijing Hoongo Information Technology, Ltd. Is a venture-funded technology startup in Beijing, China that is focused on providing services for cellular data services markets, including Short Message Service (SMS), Multi-Media Message Service (MMS), and third generation phone/data services (3G).

About Beijing InfoSure

Beijing InfoSure Technology Ltd. is the exclusive licensee in China of the HyperSwarm Engine patent pending products of MetaSwarm, Inc. Based on the platform of the HyperSwarm Engine, it does R&D and design, provides solutions against various digital information, including high efficient anti-spam solutions in email and SMS, anti-phishing solutions, as well as solutions and application services on message verification, information personalization, etc.

About MetaSwarm, Inc.

MetaSwarm, Inc. is headquartered in California and is focused in the information technology industry. MetaSwarm specializes in personal and commercial information assurance solutions, including anti-fraud, anti-spam, and relationship analysis solutions for the Internet e-commerce markets. Specifically, MetaSwarm products provide applications for message management, message and website validation, and message and website analysis for email, cell phone text messaging (SMS), instant messaging (IM), and web pages.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation

MetaSwarm, Inc.

CONTACT: Ashley Hull of ProPublic Media, LLC, +1-310-903-6858,Hunnyhull@propublicmedia.com

Web site: http://english.catr.cn/hyxw/200710/t20071030_645752.htmhttp://www.harrisinteractive.com/

Source: PRNewswire-FirstCall

More News in this Category