Future Tec, Inc.
Future Tec, Inc.: Future Tec, Inc. d/b/a Sunnylogo USA provider of Mobile Content now listed on the Frankfurt Stock Exchange
Future Tec, Inc. / IPO Corporate news transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Future Tec, Inc. d/b/a Sunnylogo USA provider of Mobile Content now listed on the Frankfurt Stock Exchange Today, another independent provider of mobile content and services in the areas of value added mobile entertainment applications started trading on the Frankfurt Stock Exchange. The brands 'Sunny' and 'SunnyLogo' and the Website: www.sunnylogo.com have been offered by Future Tec, Inc.since January 2004. Ringtones, Screen Savers, Videos, Wallpapers and Cell Phone games as well as many other mobile content products are downloaded from the company’s website or directly through the company shortcode (78669 – Sunny). The company has contracts with the majority of the US Cell phone carriers such as T-Mobile USA, Cingular/AT&T, Sprint/Nextel and Boost Mobile. The technical realiziation of the service is provided by TELENOR, a norwegian telecommunications company. In addition, the company is in the business of the resale of and seller of its own Premium SMS’s and content. For these business areas, the company is working through its company owned short codes. In 2005, Future Tec, Inc. signed licensing agreements with all of of the major music publishers for the distribution of mobile content and therefore is in a position to deliver for their artists the mobile service and content to end users in North America. Future Tec, Inc. and its brands 'Sunny' and 'SunnyLogo' are direct competitors of the only other remaining independent provider: JAMSTER (JAMBA) in the USA und Canada. Future Tec, Inc. produces its own content and therefore is able to add a range of products that can be licensed to other companies. In the areas of target group marketing and the technical delivery of mobile content, Future Tec is working for other international firms. Future Tec, Inc. reached the break even point in July 2006 and is continuing its strong sales growth in 2007 with a projected five fold increase in sales versus 2006 coupled with a significant increase in profits. Future Tec, Inc. is completely financed through owners capital and has no debt or bank loans outstanding. Market: In 2006 the market for world wide mobile content market was estimated at $ 9 billion. Logica CMG assumes a growth potential for 2007 of 60%. In 2006, 27.9 million households in the USA downloaded a Cell Phone Game. . A niche market are the ethnic/urban markets that have tremendous growth potential. 12% of US-Hispanics have a higher than average cell phone bill with a 25-30% higher entertainment component than other US user groups. 35.9% of US-Teens use their cell phones exclusively for Text Messaging and SMS-services. Already 9% of all US Cell Phone users do not have a land line phone number. Research & Markets projects an annual increase of 37% by 2009. Future Tec, Inc. envisions a tremendous market potential. Cell phone usage is considerably lower compared to Europe’s users. This discrepancy will, according to Future Tec, Inc. estimates, be diminishing over the next 2 years considerably. The difference between users in Europe and USA and Canada will be decreasing rapidly due to better than averager growth rates. This is where Future Tec, Inc. will be ascending to the level of a major US Player. The technical playing field is the same for both Future Tec, Inc. and Jamster and therefore Future Tec, Inc. is extremely well positioned to compete in the future. Investor Relations: FMR Foster Media Research, Inc. P.O. Box 576 - Dover, DE 19903 - United States of America - info@fostermediaresearch.com DGAP 09.02.2007 ----------------------------------------------------------------------
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