Now Advertising Production PLC
Now Advertising Production PLC: NOW exclusive AirMusicTM licensed devices unveiling at USA in CES 2012 Projecting over US$300 million revenue in 2014
Now Advertising Production PLC / Key word(s): Product Launch/Miscellaneous 26.01.2012 / 10:02 --------------------------------------------------------------------- Press Release NOW exclusive AirMusicTM licensed devices unveiling at USA in CES 2012 Projecting over US$300 million revenue in 2014 Hong Kong - 26th January, 2012, - Now Advertising Production Limited (Ticker Symbol: 7NW) In the 2012 CES, Las Vegas, NOW launched its executive AirMusicTM license in U.S.A. Brands like Lenco, Jensen and Sonashi unveiling their AirMusicTM licensed devices, MAPTM, the first time in U.S.A.. '297 million units of Smartphone were shipped to the market in 2010, 10 billions Smart devices will be in use by 2020' Mr Joe Chen, CEO of Now Advertising Production PLC, said, 'Along this extreme smartphone penetration growth, a huge number of consumers will demand a device, like MAPTM, to reproduce good quality music and video contents wirelessly from their smartphone and cloud music locker, like MyMusicTM.' Mr Chen concluded, 'All the AirMusicTM licensed MAPTM devices are default MyMusicTM ready. Over 1 million units MyMusicTM ready devices and phone apps will be distributed to the market in 2012, growing to over 10 million units in 2014, generating over US$300 million projected revenue in 2014 on MyMusicTM service, AirMusicTM license, and targeted advertising on these users' smartphone.' Streaming music files between devices is an infringement against music copyright, and historically there was no legitimate way of doing this. NOW executive AirMusicTM is a unique technology legitimate the industry to manufacture smartphone accessories, like MAPTM, to stream music from a smartphone against infringement. About Now Advertising Production PLC NOWTM is a Targeted Mobile Advertising company, specialized in cutting edge, high-tech outdoor-advertising and street-furniture production services since 2003. In 2010, NOWTM rolled out NowOnlineTM MyMusicTM and followed that up in 2011 with AirMusicTM. Both of the technologies are powered by Catch Media's award winning Play Anywhere(R) technology and both develop targeted advertising and promotions opportunities on mobile devices around music users are interested in and play through MyMusicTM service and phone app, and AirMusicTM licensed deices alongside outdoor advertisements implementing the technology. MyMusicTM is the first legitimate scan-and-match cloud music service of its kind, powered by Play Anywhere(R), over 6 million fully licensed tracks available from music labels & publishers, and over 20,000 free internet radio stations. Users are convenience to access their entire music collection and playlist across networks and devices wirelessly at mobile, home or overseas anywhere in the world. Docking Partner alliance iPhone Music Docking Station users do not have to connect their iPhone to PC for the iTunes music any more. AirMusicTM is NOW executive license. Streaming music files between devices is an infringement against music copyrights, and historically there was no legitimate way of doing this. NOW executive 'Authorized for WiFi' AirMusicTM license legitimate consumer's authorized access to their music collection when listening to a WiFi connected wireless speaker using a smartphone or tablet through Catch Media's award winning Play Anywhere(R) Smart Cloud Technology platform. Device manufacturers will for the first time be able to enjoy an industry backed integrated technology into their WiFi music streaming products, like MAPTM, which will have the 'Authorised for Wi-Fi' AirMusicTM stamp of approval, protecting the licensed vendors from infringement. MAPTM (MyAirPlayTM) is a WiFi multimedia device patent pending by N Square Technologies PLC. It can wireless stream media from all types of smartphones like Android phone and tablet, iPhone, iPad, Blackberry and Windows phones, reproduce high quality music at its built in speaker and HDMI video to a large screen HD TV. The MAPTM firmware has built in standard Android OS, can also stream media from cloud music locker, like MyMusicTM, internet radio stations and run most of the Android apps like YouTube, Facebook and AngryBirds etc. 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 --------------------------------------------------------------------- 26.01.2012 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 --------------------------------------------------------------------- 154047 26.01.2012
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