|By Business Wire||
|March 6, 2014 09:01 AM EST||
WOWIO, Inc., a digital media company committed to developing, producing and distributing engaging entertainment properties across the digital media landscape, today announced that the company will be launching its mobile eBook distribution platform at this year’s South By Southwest Festival (SXSW) in Austin, Texas with its Florida-based partner, Akyumen Technologies Corp (http://www.akyumen.com). The two companies have been developing this platform together and are introducing it to potential technology partners and entertainment content creators at SXSW, the largest interactive technology, movie and music festival and show in the world.
“We are making the worldwide debut of our proprietary mobile devices with built-in projector capability at this year’s SXSW Festival and we are showing off our content partners on our devices,” commented Aasim Saied, Akyumen’s CEO. Mr. Saied continued: “We think WOWIO’s ad-supported eBook content will create a high quality user experience, utilizing the best our devices have to offer the consumer. With our recent announcements in preparation for SXSW, we will be able to feature WOWIO on over 10,000,000 devices worldwide over the next 18 months.”
WOWIO holds a proprietary patent that allows for the insertion of advertising into eBooks, providing the digital publishing distribution channel as a viable alternative to that of other content distribution outlets. “The consumption of media has grown exponentially with the proliferation of mobile devices with expanded capabilities and more powerful mobile networks to deliver a larger variety of content,” said WOWIO’s President and CEO Brian Altounian. “Our customers like the accessibility of content on a mobile device and now we can provide that access on a free or reduced cost basis with advertising as a price subsidy. Advertising in general and mobile advertising specifically will have a significant impact on the distribution of digital publishing, providing a new revenue stream for authors and publishers while making eBooks free to consumers. I think that’s a pretty big win-win-win scenario,” stated Mr. Altounian.
WOWIO and Akyumen will be featuring at 501 E 6th St, Suite B, Austin, TX 78701 from March 7th through March 15th, 2014.
About WOWIO, Inc.
WOWIO, Inc., doing business as StudioW Digital, is an established leader in digital media creation and content distribution, and is principally engaged in the monetization of the written word. Through creative and proprietary strategies and technologies, the company has identified a multi-layered “toolbox” approach to maximizing written content, both its own and that of other publishers. StudioW has acquired and built a number of digital media distribution outlets including The Duck Webcomics, Carthay Circle Publishing and wowio.com. To learn more about WOWIO/StudioW, please visit our corporate website at http://www.studiowdigital.com.
About Akyumen Technologies Corp
Akyumen Technologies Corp is a technology company that is launching niche mobile devices through distributors and carriers globally. Our initial product line includes a smartphone that has the capability to project media from the device onto any surface or a screen. We also have plans to launch a Projector Tablet in late 2014 that will be released in certain parts of Asia and North America. The Company has successfully developed, tested and protected its patent pending technology for several years.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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