SOURCE: Options Media Group

August 23, 2010 09:49 ET

Options Media Group and Wireless Zone to Bring Smartphone Antivirus Software to the Marketplace

BOCA RATON, FL--(Marketwire - August 23, 2010) -  Options Media Group Holdings, Inc. (OTCBB: OPMG), a growing force in mobile applications, marketing and mobile social media, today announced the industry leading PhoneGuard Mobile Security suite will now be carried by Wireless Zone stores, Verizon Wireless's largest independent reseller organization in America offering the latest cellphones, accessories and service in more than 400 store locations. The retailer has begun distributing the PhoneGuard product in its larger stores and will soon be offering it throughout its entire operation over the next few weeks.

"As the largest cell phone franchise in the United States, we here at Wireless Zone are continually looking for opportunities to provide more value to both our customers and our franchisees," commented Kevin Downs, Marketing Director for Wireless Zone. "The PhoneGuard suite of applications does just that. Both the Virus Protection and the upcoming anti-texting applications fill a need and will allow us to provide an even better experience for our customers," continued Downs.

"This is a significant development for Options Media Group and we are excited about bringing this state of the art antivirus application technology to Wirelsss Zone cell and smartphone customers," said Scott Frohman, CEO of Options Media Group. "Viruses on mobile devices are becoming an increasingly dangerous problem as cyber-hackers become more sophisticated and as more vital information is transported via smartphones. We believe this is a major revenue opportunity for Options Media Group," commented Frohman.

Options Media Group acquired the PhoneGuard license during the second quarter of 2010, marking the Company's entrance into the large and lucrative U.S. and Canadian mobile and smart phone applications market for Mobile Security and "Safe Driving" software. The PhoneGuard Mobile Security product is powered by technology provided by NetQin Tech Co., under an exclusive license in the U.S. and Canada. NetQin is the incontestable worldwide leader in mobile security, including mobile antivirus, anti-harassment and privacy protection, with approximately 51 million subscribers at present in more than 200 countries and regions representing seven languages.

Since Options Media Group announced the acquisition of the license to the PhoneGuard software, the Company has received encouraging interest from independent wireless stores as well as qualified nationwide retail chains. Furthermore, many prospective customers are currently in the due diligence phase and/or are testing PhoneGuard products in key U.S. markets.

About Options Media Group Holdings, Inc.

Options Media Group Holdings, Inc. is a growing force in mobile marketing and mobile social media. The Company provides email services for on-demand email marketing to create, send and track professional and permission-based email marketing campaigns. Additionally, Options Media provides precision direct marketing solutions including email marketing, SMS/mobile marketing, SMS/keyword marketing, custom lead generation and creative services. The Company also provides clients with access to software, hardware, bandwidth and exclusive domains and IP addresses as well as with the ability to upload and manage subscribers and review and upload campaigns and track results for a 360-degree full-service customer marketing solution.

Safe Harbor Statement

This press release contains forward-looking statements including: belief that PhoneGuard will represent a significant revenue opportunity for the Company and the offering of the PhoneGuard product in Wireless Zone's entire operations over the next few weeks. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods.

Forward-looking statements are based on our current expectations and assumptions regarding our business, 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. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets, the failure to enter into distribution agreements with major retailers, wireless carriers or security software vendors to distribute our newly acquired software, initial success of sales of PhoneGuard product in larger Wireless Zone's stores, Wireless Zone choosing not to carry the PhoneGuard product in other stores and the failure to gain market acceptance of the software.

Further information on Options Media's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009. Any forward-looking statement made by Options Media in this press release speaks only as of the date on which it is made. Factors or events that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Contact Information

  • Media Contact:
    Joe Noel
    Tel: (925) 922-2560