Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Exchange Media (OTC: EXMD) on their exclusive penny stock alert service. Mr. Dean comments, Have you noticed how quickly Mobile Technology is expanding and changing over the past year or two? People now have access to just about anything just by touching any multitude of “apps” on their cell phones. One of the hottest areas of cell phones now is video and audio “apps” and these types of services should only grow as technology advances. EXMD is a potential leader in audio and video applications and is currently working on using its own XC-Player to take advantage of this potentially very robust and lucrative gold mine. And where are most of the people in the world using new cutting edge technology? China; the world’s most populous country and the country with the most opportunity for technological advances in the world.
Exchange Media’s (EXMD) has recently developed software called a XC-Player. The company's customized software (XC-Player) will allow the users to search, download, manage, and play published audio and video content and short clips, utilizing newly launched 3G network in China. The software also incorporates value-added services such as video ring tones and real-time high resolution videos.
According to the 2008-2009 China Mobile Internet Industry Development Report that
was released recently, China Mobile Value-added service (VAS) market had reached
$18.3 billion by the end of 2008 and making it one of the most lucrative global
markets..
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About Exchange Media
Exchange Media's video/audio content distribution platform conveniently will provide download service of video/audio content. Users will download video/audio content they like through logging on service website or OTA mode. The platform will actively send subscribed content to users and then download to their mobile handheld device after the confirmation. Users will make a payment when they confirm to download content. The above mentioned service will be fully implemented after the launch of a service website.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated ten thousand dollars by a third party (Lucky Star, Ltd.) for EXMD advertising and promotional services.
