BELLEVUE, Wash., July 12, 2010 (GLOBE NEWSWIRE) -- Motricity (Nasdaq:MOTR), a leading provider of mobile Internet services, announced that it will continue to work with Verizon Wireless to deliver personalized, relevant mobile experiences across the service provider's simple feature and 3G smartphone devices. Powered by Motricity's award-winning mCore Platform, Verizon Wireless will continue to offer its customers a personalized mobile Internet browsing experience with the content and information they want most, while making it quick and easy to use the web on their mobile phones.
Today's announcement extends Motricity's multi-year relationship with Verizon Wireless. Verizon Wireless plans to deliver this enhanced mobile Internet experience through Verizon Mobile Web, Verizon's default mobile portal that features an intuitive navigation wheel for quick access to a variety of content channels and a customizable, real time updated homepage that allows customers to personalize their mobile Internet browsing experience into a single view that consists of the content that is most important to them. Users can easily access social media sites, email services, RSS feeds, news and entertainment, local content, weather sources, stock prices, favorite sports teams, ringtones, applications and music. Motricity's relationship with Verizon Wireless includes key components of the platform's suite of services.
"More than ever, consumers want the ability to create a personalized mobile experience and quickly and easily access the content they want, when they want it," said Ryan Wuerch, chief executive officer and founder of Motricity. "We are committed to developing and providing innovative mobile Internet solutions that enhance the users' everyday lives."
About Motricity
Motricity (Nasdaq:MOTR) is a leading mobile data solutions provider exclusively focused on the rapidly growing mobile Internet market. It serves some of the world's largest mobile carriers, simplifying the mobile Internet and creating a personalized mobile experience for subscribers. Motricity helps companies leverage the power of mobility to make direct, personalized connections with their customers. For more information, visit www.motricity.com.
Forward-Looking Statements
This press release contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Although Motricity believes that the assumptions on which the forward-looking statements contained herein are reasonable, any of those assumptions could prove to be inaccurate given the inherent uncertainties as to the occurrence or non-occurrence of future events. There can be no assurance that the forward-looking statements contained herein will prove to be accurate. The following uncertainties and factors, among others, could affect our future performance (i) our expectations regarding our revenues, expenses and operations and our ability to sustain profitability; (ii) our anticipated cash needs and our estimates regarding our capital requirements; (iii) our ability to expand our customer base and relationships with wireless carriers and content and application providers; (iv) our ability to expand our service offerings; (v) our anticipated growth strategies and sources of new revenues; (vi) unanticipated trends and challenges in our business and the markets in which we operate; (vii) our ability to recruit and retain qualified employees and staff our operations appropriately; (viii) our ability to estimate accurately for purposes of preparing our consolidated financial statements; (ix) our international expansion plans; and (x) compliance with governmental regulations;
The inclusion of forward-looking statements herein should not be regarded as a representation that Motricity's objectives will be achieved. Motricity undertakes no obligation to update forward-looking statements, whether as a result of new information, future events or otherwise.