NEW YORK, June 17, 2004 (PRIMEZONE) -- Maxplanet Corporation (OTC:MXNT) today announced that the company it is acquiring, Wireless Ink, LLC (www.wirelessink.com), has reached a major milestone in product development and testing. Wireless Ink's mobile page views in May exceeded 13 million, representing a 26% increase from April and a 9400% increase over the past seven months.
David Harper, senior vice president and co-founder of Wireless Ink, commented, "This is quite an achievement. Seven months ago, Wireless Ink's site had generated merely 140,000 mobile screen views. The exponential adoption of our product and technology across a global landscape shows that our product now has the ability to achieve its full potential. With more than 10 million mobile screen views per month and increasing, we are now ready to move on to the next phase."
Wireless Ink has recently engaged the consulting arm of Exus Global, Inc. (OTCBB:EXGO) to assist in marketing its product to wireless service carriers around the globe such as AT&T Wireless, Verizon, T-Mobile, British Telecomm, etc. Revenues will be generated in the form of licensing fees, which will be calculated based upon the size of the user base.
According to the May 31st issue of BusinessWeek, Google has just acquired a company that provides easy-to-use website building tools for businesses and individuals.
Bill Munch, president of Wireless Ink, stated, "With 1.2 billion mobile phones in the world, many of which have browser capabilities, we believe that mobile website building is the next logical step. Since Wireless Ink offers the most complete and user-friendly mobile website publishing and content management solution, we are confident that the timing is just right for us. Not only is our present robust, but our future is filled with promise."
About Wireless Ink, LLC
Wireless Ink enables a new form of media where the masses can engage in mobile virtual communities for wireless service carriers, content publishers, and other organizations and enterprises. By providing the most complete mobile website publishing platform available today, Wireless Ink allows users to create, maintain and update mobile websites within minutes and view them on their mobile phones, PDAs or other mobile devices. During the current product development and testing phase, the company hosts approximately 4,000 mobile web sites. Reiter's Wireless Data Web Log reported on February 12th, 2004 that WINKsite is fast to use, offers easy-to-read screens and has interesting features. More information is available at www.wirelessink.com and www.winksite.com.
The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC.