SOURCE: Thwapr

Thwapr

June 24, 2010 08:00 ET

Thwapr Forms Strategic Alliance With Kingdom Entertainment Group

Producer and Artist Manager Chip Quigley Brings Mobile Video to Music, Publishing, TV and Film

NEW YORK, NY--(Marketwire - June 24, 2010) -  Mobile video sharing platform Thwapr, Inc. (www.thwapr.com) (OTCBB: THWI) today announced a strategic alliance with Chip Quigley and his entertainment development company, Kingdom Entertainment Group -- a step Thwapr is confident will grow the company's presence and solutions in the music, publishing and entertainment sectors. For his part, Quigley will be looking to leverage Thwapr's mobile video platform to support television shows, large print publishing companies, events and recording artists.

"Thwapr's platform is ideally suited for use among media and entertainment companies, or any company, that want to 'mobilize' content such as photos or videos. Our proprietary technology will allow these companies to extend their reach on to the mobile phones of fans and viewers," said Bruce Goldstein, CEO of Thwapr. "As an innovator and entertainment producer and manager, Chip quickly realized the significance of Thwapr's solution and we are excited to work with him in developing our offerings for entertainment."

Quigley has been part of music and media event production and management for more than four decades. Most recently, he was the producer for major marquis media events including Conde Nast's Fashion Rocks, GQ Man of the Year Award, and the International Emmy Awards. He is currently the producer for upcoming events such as the Bermuda Music Festival and the Victoria's Secret Fashion Show television special. Quigley also manages performing and recording artists such as Mark McGrath from Sugar Ray and is currently working with McGrath on an upcoming television show called "Don't Forget the Lyrics" for Fox and VH1.

"Entertainment properties today have multi-platform marketing programs that leverage various technologies and mobile is next frontier," says Quigley, founder and CEO of Kingdom Entertainment Group. "Being able to send videos directly to a fan base via mobile is a powerful way for a brand to connect and interact with its consumers."

Kingdom Entertainment Group encompasses event production, TV production, project development, and artist management -- including such artists as multi-platinum recording artist Sugar Ray, Mark McGrath (co-host of the syndicated show, Extra), Dope, The Head Set and The Lordz of Brooklyn.

The alliance between Kingdom Entertainment Group will leverage Thwapr's proprietary new "share-to-phone" technology that allows users to share content among 200 different types of mobile handsets, regardless of carrier, while providing the best possible video and photo viewing quality.

About Thwapr, Inc.
Thwapr (www.thwapr.com) (OTCBB: THWI) is a mobile video sharing platform that solves the problem of viewing and sending quality video content to and from mobile devices. Developed by founding members of Apple's QuickTime team and technologists from AVID/Digidesign and MTV, Thwapr's patent-pending "share-to-phone" technology allows content providers, marketers and mobile users alike to send video "Thwaps" of content captured with their device or from the Web to other mobile users, easily and instantly. Thwapr's mission is to provide a mobile video sharing experience regardless of carrier or device worldwide. For more information and to register for Thwapr, please visit www.thwapr.com on your mobile phone or computer. Follow Thwapr @ www.twitter.com/thwapr or become a fan at www.facebook.com/thwapr.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new products and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in Thwapr's annual report on Form 10-K for the most recent fiscal year, Thwapr's quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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