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Wireless Services Corp. Acquires Mobile Media North America

Wireless Services Corporation has acquired Mobile Media North America. Wireless Services Corporation will merge the operations of the company into its SinglePoint division. SinglePoint makes it easy for content owners, media companies, and advertisers to create, deliver and confirm premium mobile messages. The acquisition was an all-cash transaction for an undisclosed amount.

Wireless Services Corporation was the first wireless data services company, and today it provides a proven carrier-grade infrastructure and mobile messaging services to leading wireless carriers in North and Latin America. Mobile Media, a recognized leader in the mobile content market, introduced premium off-network mobile services to North America. Off-net services include mobile content that is offered outside of a carrier's brand.

With Mobile Media North America, SinglePoint will provide a simple, powerful way for content owners to create, connect and confirm the delivery of wireless messages to all mobile consumers in North America. It will also offer a fully-integrated distribution and billing platform and premium connections with all major wireless carriers, as well as continuous connectivity to more than 60 leading media and mobile content companies offering mobile entertainment, games, storefronts, and interactive TV applications currently serviced by Mobile Media North America.

SinglePoint offers mobile content providers and carriers unprecedented support, including access to 24/7 customer service and a network operations center to help with the burgeoning off-net content market. Mobile content providers are also able to track transactions all the way to the wireless consumer.

Wireless Services Corporation's history of reliably handling billions of messages for carriers and its tested and proven customer care have established a standard for mobile data service and scalability. For example, in the first three months of 2006, Wireless Services Corporation and Mobile Media delivered more than 1.5 billion mobile messages in the US. Wireless Services Corporation's carrier-grade infrastructure will help media and advertising companies to ensure content is properly formatted for consumers' mobile devices. Broadcasters, whose high-volume events create tremendous spikes in messaging volume, will be reassured by SinglePoint's capacity to handle, deliver and confirm that messages are delivered in a timely manner for their real-time events.

The new organization will be co-led by Busk and Schafft. Schafft will manage SinglePoint operations in Vienna, Va., while Busk will manage its Bellevue, Wash.-based employees. Rich Begert remains president and CEO of the company and its divisions. The current employees of both companies will form the foundation for its significant growth plans as the mobile content market is expected to experience triple-digit growth in the next two years.



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