Unwired Webs

Unwired Webs

October 18, 2007 14:35 ET

Xwits Subsidiary Unwired Webs Announces Acquisition of Path3 Inc. Mobile Division

This strategic acquisition enables Unwired Webs to better serve it's customers with a broader product portfolio and will further strengthen its position in the North American Mobile Marketing industry

TORONTO, ONTARIO--(Marketwire - Oct. 18, 2007) - Unwired Webs (part of the Xwits Group of companies, Amsterdam, The Netherlands) today announced that it has acquired the mobile division of Path3 Inc. ('Path3').

Path3 is a North American provider of mobile communication solutions, interactive content distribution and production, based in Toronto, Canada.

Unwired Webs will merge the operations of the company into its Unwired Webs North American business unit. Unwired Webs is an established mobile website development / mobile marketing agency providing mobile and interactive communication solutions for operators, brands, media agencies and partners through its operations in Toronto and Amsterdam.

Unwired Webs' acquisition of the mobile division of Path3 is expected to enhance its ability to deliver integrated mobile marketing solutions to its partners and customers. Unwired Webs began operations in The Netherlands in early 1999 and is one of the pioneers of the mobile industry. Through engagements with Fortune 500 and major European companies it has played a defining role in the evolution of mobile web development and understands the potential of mobile Internet.

'Path3 provides a very strong complement of services to our existing portfolio. It has successfully supported partners deploying unique mobile web site applications in both Canada and the U.S. We are looking forward to merge the mobile division of Path3 into our organization and are looking forward to the enhanced delivery capabilities that we expect this acquisition to bring' underlined Wick Kranenburg, CEO of Unwired Webs.

About Unwired Webs: Unwired Webs is a global mobile development agency with operations in Toronto and Amsterdam. Unwired Webs boasts an extraordinary in-house development team, which has created a proven technological platform for mobile publishing, and a very strong client portfolio. In 2005 Unwired Webs (as part of the Xwits Group) was been recognized as one of the fastest-growing technology companies by the 'Deloitte fast 50'.

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