Now Advertising Production PLC
Now Advertising Production PLC: American anti-piracy legislation scarring WiKi, Google, Facebook, Amazon NOW unique legitimate digital music technologies support vendors against infringement
Now Advertising Production PLC / Key word(s): Market Report/Miscellaneous 01.02.2012 / 10:00 --------------------------------------------------------------------- Press Release American anti-piracy legislation scarring WiKi, Google, Facebook, Amazon NOW unique legitimate digital music technologies support vendors against infringement Hong Kong - 1st February, 2012, - Now Advertising Production Limited (Ticker Symbol: 7NW) Just one week after NOW unveiling its AirMusic licensed devices in the 2012 CES, Las Vegas, Wikipedia dramatically 'blackout' its website 24-hour on Jan 18th in protest against the two Protect Intellectual Property Act proposed anti-piracy legislations intended to eliminate theft online once and for all. Other leading websites -- including Google, Facebook and Amazon -- contend will make it challenging if not impossible for them to operate. The influence of these critical anti-piracy legislations alerted the industry that how further the piracy music services and products can be maintained in the future. Instead, NOW has been leading in the development of legitimate music technologies and services since 2009, licensing its exclusive MyMusic and AirMusic technologies to device and phone app vendors against infringement, including those in China. It projects to penetrate 5% of all the smartphone in use in 2020, generating a US$10 billion level revenue on AirMusic license, MyMusic service and Targeted Advertising on these 500 million active smartphone users database. About NOW Founded in 2003, NOW is a targeted mobile advertising company that specialises in cutting edge, high-tech outdoor advertising and street furniture production services. In 2010 NOW rolled out NowOnline MyMusic and followed that up in 2011 with AirMusic. Both of the services are powered by Catch Media's Play Anywhere technology and both develop targeted adverts and promotions on mobile devices around music users are interested in and play through NowOnline MyMusic, AirMusic and apps alongside outdoor advertisements implementing the technology. Forward-looking statements Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Contact Investor relation Thomas Chan Phone:+852 6387-6337 email:ir@nowapplc.com End of Corporate News --------------------------------------------------------------------- 01.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 154841 01.02.2012
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found